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Factors that impact blockchain scalability

conference contribution
posted on 2019-01-01, 00:00 authored by Peter EklundPeter Eklund, R Beck
Blockchain systems (more precisely Distributed Ledger Technologies (DLTs)) represent a different digital ecosystem compared with traditional computer systems. One major difference are the performance and scalability factors which will be discussed and analytically investigated in this paper. In doing so, we provide guidance for defining a research agenda focusing on the investigation of the crucial role of scalability for blockchain systems. System performance - measured in terms of (1) consensus response time (blockchain network latency or time to convergence/agreement); (2) number of transactions per second or throughput, and (3) computing (and power) resources consumed - can be understood by considering the design dimensions of a blockchain system, namely: (i) the type of blockchain system needed from a requirements perspective which in turn determines; (ii) the complexity of the consensus protocol used; (iii) the topography of the traffic flow on the network; (iv) the performance and complexity of the domain-specific language that implements smart contracts; and (v) by the anticipated growth in size and complexity of the distributed ledger itself.

History

Pagination

126-133

Location

Limassol, Cyprus

Start date

2019-11-12

End date

2019-11-14

ISBN-13

9781450362382

Language

eng

Publication classification

E1 Full written paper - refereed

Editor/Contributor(s)

Unknown

Title of proceedings

MEDES 2019 : Proceedings of the 11th International Conference of Digital EcoSystems 12-14 November 2019, Limassol, Cyprus

Event

Management of Digital EcoSystems. International Conference (11th : 2019 : Limassol, Cyprus)

Publisher

ACM

Place of publication

New York, N.Y.

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