Blockclique: scaling blockchains through transaction sharding in a multithreaded block graph

03/24/2018
by   Sébastien Forestier, et al.
0

Crypto-currencies based on the blockchain architecture cannot scale to thousands of transactions per second. We design a new crypto-currency architecture, called the blockclique, combining transaction sharding, where transactions are separated into multiple groups based on their input address, and a multithreaded directed acyclic block graph structure, where each block references one previous block of each thread. Simulations show that in a network of nodes with an average upload bandwidth of 32 Mbps, the blockclique reaches a throughput of 6,000 transactions per second, with a 2-minutes average transaction time.

READ FULL TEXT

Please sign up or login with your details

Forgot password? Click here to reset
Success!
Error Icon An error occurred

Sign in with Google

×

Use your Google Account to sign in to DeepAI

×

Consider DeepAI Pro