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Scalable blockchains — A systematic review
Blockchains are a key disruptive technology of recent times with applications across several application domains such as finance, supply chain, healthcare and Industry 4.0. With growing application types, scalability of blockchains has emerged as a key challenge in achieving the potential of this te...
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Published in: | Future generation computer systems 2022-01, Vol.126, p.136-162 |
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Main Authors: | , , , , , |
Format: | Article |
Language: | English |
Subjects: | |
Citations: | Items that this one cites Items that cite this one |
Online Access: | Get full text |
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Summary: | Blockchains are a key disruptive technology of recent times with applications across several application domains such as finance, supply chain, healthcare and Industry 4.0. With growing application types, scalability of blockchains has emerged as a key challenge in achieving the potential of this technology. This paper attempts to outline this challenge for blockchains as follows. It highlights blockchain scalability as a composite concept which can be interpreted in various ways i.e. expanding the number of participants of the network, or enhancing capabilities of the participants (such as processing, memory, storage or an efficient consensus strategy) to minimize the scalability overhead. Further, it presents a first thorough systemic study of existing efforts to achieve blockchain scalability with respect to; (i) innovative methods and mechanisms to strengthen blockchain’s capabilities with respect to scalability, (ii) approaches leveraging blockchains to achieve scalable applications, and (iii) efforts analyzing blockchain solutions with respect to scalability. Through a critical analysis of existing literature, the paper identifies contributions as well as open challenges which can help research community to advance knowledge within this domain.
•Comprehensive definition of scalability for blockchains ensuring broad coverage.•An in-depth critical review of blockchain scalability literature has been presented.•Coverage of blockchain scalability mechanisms, applications and analyses.•Identification of open challenges to achieve scalable blockchains. |
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ISSN: | 0167-739X 1872-7115 |
DOI: | 10.1016/j.future.2021.07.035 |