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Toward Scalable Blockchains with Transaction Aggregation


Niya, Sina Rafati; Maddaloni, Fabio; Bocek, Thomas; Stiller, Burkhard (2020). Toward Scalable Blockchains with Transaction Aggregation. In: Proceedings of the 35th Annual ACM Symposium on Applied Computing, Brno, Czech Republic, 31 March 2020 - 3 April 2020, 308-315.

Abstract

Blockchains (BCs) are back-linked chain of records termed as blocks. To establish decentralized trusted systems, BCs employ consensus mechanisms. During the past ten years, there have been various proposals of BC design and implementations. However, most of the developed sate of the art BCs suffer from scalability issues. In order to enhance the scalability of the BCs, this paper proposes a transaction aggregation mechanism on a Proof-of-Stake (PoS)-based BC. Having developed the transaction aggregation and double linked blocks, efficient prevention and control of the BC's size growth is observed in the evaluated scenarios.

Abstract

Blockchains (BCs) are back-linked chain of records termed as blocks. To establish decentralized trusted systems, BCs employ consensus mechanisms. During the past ten years, there have been various proposals of BC design and implementations. However, most of the developed sate of the art BCs suffer from scalability issues. In order to enhance the scalability of the BCs, this paper proposes a transaction aggregation mechanism on a Proof-of-Stake (PoS)-based BC. Having developed the transaction aggregation and double linked blocks, efficient prevention and control of the BC's size growth is observed in the evaluated scenarios.

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Additional indexing

Item Type:Conference or Workshop Item (Paper), refereed, original work
Communities & Collections:03 Faculty of Economics > Department of Informatics
Dewey Decimal Classification:000 Computer science, knowledge & systems
Scopus Subject Areas:Physical Sciences > Software
Language:English
Event End Date:3 April 2020
Deposited On:01 Apr 2020 06:05
Last Modified:22 Apr 2020 23:22
Publisher:Association for Computing Machinery
ISBN:9781450368667
OA Status:Green
Publisher DOI:https://doi.org/10.1145/3341105.3373899
Official URL:https://doi.org/10.1145/3341105.3373899
Other Identification Number:merlin-id:19313

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