Mechanisms Design for Blockchain Storage Sustainability

Research output: Journal Publications and Reviews › RGC 21 - Publication in refereed journal › peer-review

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Original languageEnglish
Pages (from-to)102-107
Journal / PublicationIEEE Communications Magazine
Volume61
Issue number8
Online published5 Jun 2023
Publication statusPublished - Aug 2023

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DOI
Check@CityULib
Link to Scopus https://www.scopus.com/record/display.uri?eid=2-s2.0-85161566946&origin=recordpage
Permanent Link https://scholars.cityu.edu.hk/en/publications/publication(cc7c8405-5b0a-444c-904e-3d6bab229a19).html

Abstract

In a blockchain system, ensuring storage sustainability is crucial for the long-term feasibility of the system's operation. This paper presents a comprehensive review of the state-of-the-art mechanisms designed to address the storage sustainability problem. We first introduce technological mechanisms aimed at reducing miners' storage costs. Next, we discuss incentive mechanisms that encourage users to pay adequate transaction fees to cover storage costs. Finally, we discuss future challenges and open problems in this field. © 2023 IEEE

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Publication fingerprints text

100
design INIS
100
storage INIS
100
sustainability INIS
100
Storage Cost Keyphrases
100
Mechanism Design Keyphrases
100
Blockchain Storage Keyphrases
100
Sustainability Computer Science
100
Blockchain Computer Science
100
Mechanisms Engineering
100
Storage Engineering
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Citation Format(s)

[ RIS ] [ BibTeX ]
Mechanisms Design for Blockchain Storage Sustainability. / Liu, Yunshu; Fang, Zhixuan; Cheung, Man Hon et al.
In: IEEE Communications Magazine, Vol. 61, No. 8, 08.2023, p. 102-107.

Research output: Journal Publications and Reviews › RGC 21 - Publication in refereed journal › peer-review