Mechanisms Design for Blockchain Storage Sustainability
Research output: Journal Publications and Reviews (RGC: 21, 22, 62) › 21_Publication in refereed journal › peer-review
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Detail(s)
Original language | English |
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Journal / Publication | IEEE Communications Magazine |
Publication status | Online published - 5 Jun 2023 |
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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.
Citation Format(s)
Mechanisms Design for Blockchain Storage Sustainability. / Liu, Yunshu; Fang, Zhixuan; Cheung, Man Hon et al.
In: IEEE Communications Magazine, 05.06.2023.
In: IEEE Communications Magazine, 05.06.2023.
Research output: Journal Publications and Reviews (RGC: 21, 22, 62) › 21_Publication in refereed journal › peer-review