On Scaling Ethereum Transactions and other Blockchain Based Cryptocurrencies |
Author(s): |
| Rajkumar Kamala Prasad Singh , Mumbai University |
Keywords: |
| Ethereum, Blockchain |
Abstract |
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The increasing of blockchain-based transactions has made cryptocurrencies scalability a primary and urgent concern. Here we have tried to analyze how the fundamental and circumstantial bottlenecks in Ethereum limits the ability of its current peer-to-peer overlay network to support substantially higher throughputs and lower latencies. Our results suggest that reparameterization of block size is only ï¬rst increment toward achieving upscaling, high-load blockchain protocols, and major advances will additionally require a basic rethinking of technical approaches. We offer a structured perspective on the design space for such approaches. Within this perspective, we enumerate and briefly discuss a number of recently proposed protocol ideas and offer several new ideas. |
Other Details |
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Paper ID: IJSRDV7I41062 Published in: Volume : 7, Issue : 4 Publication Date: 01/07/2019 Page(s): 1133-1136 |
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