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MoneroResearch.info |
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Akbari, E., Zhao, W., Yang, S., & Luo, X. 2020, The Impact of Block Parameters on the Throughput and Security of Blockchains. Paper presented at Proceedings of the 2020 The 2nd International Conference on Blockchain Technology. Added by: endor (17/04/2022, 21:05) |
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| Resource type: Proceedings Article DOI: 10.1145/3390566.3391673 ID no. (ISBN etc.): 9781450377676 BibTeX citation key: Akbari2020 View all bibliographic details  |
Categories: Not Monero-focused Keywords: Blockchain, Distributed consensus, Proof of stake, Proof of work Creators: Akbari, Luo, Yang, Zhao Publisher: Association for Computing Machinery Collection: Proceedings of the 2020 The 2nd International Conference on Blockchain Technology |
Views: 87/2713
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Attachments
The Impact of Block Parameters on the Throughput and Security of Blockchains.pdf  [19/984]
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URLs https://doi.org/10.1145/3390566.3391673 |
| Abstract |
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It has been well recognized that traditional blockchains have limited throughput. It is intuitive to achieve higher throughput by increasing the block size and shortening the block interval. In this paper, we study the security implications on doing so, and define the boundary for acceptable block sizes and block intervals. We define the security of the blockchain in terms of the stale block rate in the network and carry out an empirical study using a blockchain simulator to find the optimal block parameters (i.e., size and interval). We show that it is possible to achieve sufficiently high throughput for a blockchain platform to be used for activities beyond cryptocurrency, such as state-level electronic voting.
Added by: endor |