Improving Transaction Speed and Scalability of Blockchain Systems via Parallel Proof of Work

A blockchain is a distributed ledger forming a distributed consensus on a history of transactions, and is the underlying technology for the Bitcoin cryptocurrency. Its applications are far beyond the financial sector. The transaction verification process for cryptocurrencies is much slower than trad...

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Bibliographic Details
Main Authors: Shihab Shahriar Hazari, Qusay H. Mahmoud
Format: Article
Language:English
Published: MDPI AG 2020-07-01
Series:Future Internet
Subjects:
Online Access:https://www.mdpi.com/1999-5903/12/8/125