Solutions to Scalability of Blockchain: A Survey
By Q. Zhou, Huawei Huang, Zibin Zheng, Jing Bian. IEEE Access, 2020
547 citations recorded by the source corpus.
Blockchain-based decentralized cryptocurrencies have drawn much attention and been widely-deployed in recent years. Bitcoin, the first application of blockchain, achieves great success and promotes more development in this field. However, Bitcoin encounters performance problems of low throughput and high transaction latency. Other cryptocurrencies based on proof-of-work also inherit the flaws, leading to more concerns about the scalability of blockchain. This paper attempts to cover the existing scaling solutions for blockchain and classify them by level. In addition, we make comparisons between different methods and list some potential directions for solving the scalability problem of blockchain.
Subfields: Computer Networks and Communications, Information Systems
View Paper: https://www.semanticscholar.org/paper/70638d8465e37ad41f7c36485ad0b59d3e0e5368
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In Computer Networks and Communications
In Information Systems
Citations in the corpus
- A Survey on Blockchain for Big Data: Approaches, Opportunities, and Future Directions (2020, background): “s the blockchain from the weband store their replicated information using private keys [48]. (3) Security: Blockchain with its decentralized and immutable natures can provide high degrees of security [35]. The use of cryptography includes implementation of complex algorithms acting as firewalls agai”
- Integrated digital twin and blockchain framework to support accountable information sharing in construction projects (2021, background): “Many blockchain development projects are facing these issues, which are collectively referred to as ‘blockchain trilemma ’ : no ledger can satisfy all three main properties, such as security, scalability, and decentralization, simultaneously [57,58].”