2021
DOI: 10.3390/app11209372
|View full text |Cite
|
Sign up to set email alerts
|

Systematic Literature Review of Challenges in Blockchain Scalability

Abstract: Blockchain technology is fast becoming the most transformative technology of recent times and has created hype and optimism, gaining much attention from the public and private sectors. It has been widely deployed in decentralized crypto currencies such as Bitcoin and Ethereum. Bitcoin is the success story of a public blockchain application that propelled intense research and development into blockchain technology. However, scalability remains a crucial challenge. Both Bitcoin and Ethereum are encountering low-… Show more

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
2
2
1

Citation Types

0
71
0
1

Year Published

2021
2021
2024
2024

Publication Types

Select...
5
4
1

Relationship

1
9

Authors

Journals

citations
Cited by 125 publications
(72 citation statements)
references
References 103 publications
0
71
0
1
Order By: Relevance
“…In general, there are three types of blockchain networks: public, private, and consortium blockchains. Public blockchains are permissionless in nature, and are therefore open for anyone in the world to access, perform transactions, and participate in the consensus process [19]. The blockchain concept presented by Satoshi Nakamoto in 2008 is an example of a public chain [20].…”
Section: Fundamentals Of a Blockchainmentioning
confidence: 99%
“…In general, there are three types of blockchain networks: public, private, and consortium blockchains. Public blockchains are permissionless in nature, and are therefore open for anyone in the world to access, perform transactions, and participate in the consensus process [19]. The blockchain concept presented by Satoshi Nakamoto in 2008 is an example of a public chain [20].…”
Section: Fundamentals Of a Blockchainmentioning
confidence: 99%
“…Um dos principais desafios refere-se à escalabilidade, uma vez que cada nó de uma rede blockchain armazena todos os dados históricos das transações realizadas [Lu 2019]. Entretanto, dado o crescente volume de transações e, consequentemente, o crescente volume de dados gerados em um sistema blockchain, torna-se necessário o investimento em pesquisas que possibilitem prover maior escalabilidade ao sistema, resolvendo, assim, questões referentes à alta taxa de latência, elevado consumo de energia e baixa taxa de transferência [Khan et al 2021].…”
Section: Blockchainunclassified
“…Blockchain technology is not only underpinning cryptocurrencies, but also widely adopted in other industries, such as finance [22][23][24], IoT [14,25,26] and healthcare [27][28][29]. Although blockchain benefits the systems that use this technology, it brings scalability issues to them [30][31][32]. The methods to solve the storage scalability issue of blockchain are categorized into "on-chain" solutions and "off-chain" solutions.…”
Section: Related Workmentioning
confidence: 99%