Solutions to Scalability of Blockchain: A Survey
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...
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Format: | Article |
Language: | English |
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IEEE
2020-01-01
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Series: | IEEE Access |
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Online Access: | https://ieeexplore.ieee.org/document/8962150/ |
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author | Qiheng Zhou Huawei Huang Zibin Zheng Jing Bian |
author_facet | Qiheng Zhou Huawei Huang Zibin Zheng Jing Bian |
author_sort | Qiheng Zhou |
collection | DOAJ |
description | 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. |
first_indexed | 2024-12-16T16:54:35Z |
format | Article |
id | doaj.art-98dd3c36382042a2ad9b549c7a9177d1 |
institution | Directory Open Access Journal |
issn | 2169-3536 |
language | English |
last_indexed | 2024-12-16T16:54:35Z |
publishDate | 2020-01-01 |
publisher | IEEE |
record_format | Article |
series | IEEE Access |
spelling | doaj.art-98dd3c36382042a2ad9b549c7a9177d12022-12-21T22:23:55ZengIEEEIEEE Access2169-35362020-01-018164401645510.1109/ACCESS.2020.29672188962150Solutions to Scalability of Blockchain: A SurveyQiheng Zhou0https://orcid.org/0000-0001-9242-8896Huawei Huang1https://orcid.org/0000-0002-7035-6446Zibin Zheng2https://orcid.org/0000-0001-7872-7718Jing Bian3https://orcid.org/0000-0002-3015-7573School of Data and Computer Science, Sun Yat-sen University, Guangzhou, ChinaSchool of Data and Computer Science, Sun Yat-sen University, Guangzhou, ChinaSchool of Data and Computer Science, Sun Yat-sen University, Guangzhou, ChinaSchool of Data and Computer Science, Sun Yat-sen University, Guangzhou, ChinaBlockchain-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.https://ieeexplore.ieee.org/document/8962150/Blockchainscalability |
spellingShingle | Qiheng Zhou Huawei Huang Zibin Zheng Jing Bian Solutions to Scalability of Blockchain: A Survey IEEE Access Blockchain scalability |
title | Solutions to Scalability of Blockchain: A Survey |
title_full | Solutions to Scalability of Blockchain: A Survey |
title_fullStr | Solutions to Scalability of Blockchain: A Survey |
title_full_unstemmed | Solutions to Scalability of Blockchain: A Survey |
title_short | Solutions to Scalability of Blockchain: A Survey |
title_sort | solutions to scalability of blockchain a survey |
topic | Blockchain scalability |
url | https://ieeexplore.ieee.org/document/8962150/ |
work_keys_str_mv | AT qihengzhou solutionstoscalabilityofblockchainasurvey AT huaweihuang solutionstoscalabilityofblockchainasurvey AT zibinzheng solutionstoscalabilityofblockchainasurvey AT jingbian solutionstoscalabilityofblockchainasurvey |