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Full-Text Articles in Physical Sciences and Mathematics
Performance Analysis Of Blockchain Platforms, Pradip Singh Maharjan
Performance Analysis Of Blockchain Platforms, Pradip Singh Maharjan
UNLV Theses, Dissertations, Professional Papers, and Capstones
Blockchain technologies have drawn massive attention to the world these past few years mostly because of the burst of cryptocurrencies like Bitcoin, Etherium, Ripple and many others. A Blockchain, also known as distributed ledger technology, has demonstrated huge potential in saving time and costs. This open-source technology which generates a decentralized public ledger of transactions is widely appreciated for ensuring a high level of privacy through encryption and thus sharing the transaction details only amongst the participants involved in the transactions. The Blockchain is used not only for cryptocurrency but also by various companies to meet their business ends, such …
Dynamically Adjusting The Mining Capacity In Cryptocurrency With Binary Blockchain, Yoohwan Kim, Ju-Yeon Jo
Dynamically Adjusting The Mining Capacity In Cryptocurrency With Binary Blockchain, Yoohwan Kim, Ju-Yeon Jo
Computer Science Faculty Research
Many cryptocurrencies rely on Blockchain for its operation. Blockchain serves as a public ledger where all the completed transactions can be looked up. To place transactions in the Blockchain, a mining operation must be performed. However, due to a limited mining capacity, the transaction confirmation time is increasing. To mitigate this problem many ideas have been proposed, but they all come with own challenges. We propose a novel parallel mining method that can adjust the mining capacity dynamically depending on the congestion level. It does not require an increase in the block size or a reduction of the block confirmation …