2020
DOI: 10.1109/access.2020.2967218
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Solutions to Scalability of Blockchain: A Survey

Abstract: 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 soluti… Show more

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Cited by 490 publications
(216 citation statements)
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References 33 publications
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“…Health data are seemingly endless, and more data are being generated at a dizzying pace each day, which requires sophisticated software and enormous amounts of computing power to sort through. Low throughput has also been a popular criticism of early blockchains, such as Bitcoin and Ethereum [ 44 - 46 ]. However, poor throughput is a common phenomenon in early and badly constructed blockchains [ 44 ].…”
Section: Discussionmentioning
confidence: 99%
“…Health data are seemingly endless, and more data are being generated at a dizzying pace each day, which requires sophisticated software and enormous amounts of computing power to sort through. Low throughput has also been a popular criticism of early blockchains, such as Bitcoin and Ethereum [ 44 - 46 ]. However, poor throughput is a common phenomenon in early and badly constructed blockchains [ 44 ].…”
Section: Discussionmentioning
confidence: 99%
“…However, many existing projects faced numerous scalability issues, starting with the pioneering example of Bitcoin [82]. Overall, many modern blockchains suffer from high processing, storage, and transmission overheads, as well as limited scalability [99], [100]. Therefore, the possibility to avoid this bottleneck should be carefully taken into consideration during future steps of the blockchain evolution.…”
Section: A Blockchain Scalabilitymentioning
confidence: 99%
“…Hence, they are more centralized. These systems sacrifice some of their decentrality for better scalability and performance [26], [27]. By having a governing authority that provides an inherent level of trust between participants, these Blockchain systems enable design decisions, such as sharding and channels, to be implemented without much complexity.…”
Section: A Blockchainmentioning
confidence: 99%