A survey on efficient parallelization of blockchain-based smart contracts

February 08, 2019 ยท The Cartographer ยท ๐Ÿ› AETiC Special Issue on Next Generation Blockchain Architecture, Infrustracture and Applications

๐Ÿ“š THE CARTOGRAPHER: The Cartographer
Survey/review paper โ€” maps the landscape rather than implementing a method.

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"Title-pattern auto-detect: A survey on efficient parallelization of blockchain-based smart contracts"

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Authors Alessio Meneghetti, Tommaso Parise, Massimiliano Sala, Daniele Taufer arXiv ID 1904.00731 Category cs.CR: Cryptography & Security Citations 13 Venue AETiC Special Issue on Next Generation Blockchain Architecture, Infrustracture and Applications Last Checked 1 day ago
Abstract
The main problem faced by smart contract platforms is the amount of time and computational power required to reach consensus. In a classical blockchain model, each operation is in fact performed by each node, both to update the status and to validate the results of the calculations performed by others. In this short survey we sketch some state-of-the-art approaches to obtain an efficient and scalable computation of smart contracts. Particular emphasis is given to sharding, a promising method that allows parallelization and therefore a more efficient management of the computational resources of the network.
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