Abstract
Blockchain scalability is one of the most desired properties for permissionless blockchain. Many recent blockchain protocols have focused on increasing the transaction throughput. However, existing protocols cannot dynamically scale the throughput to meet transaction demand. In this paper, we propose Occam, a secure and adaptive scaling scheme. Occam adaptively changes the transaction throughput by expanding and shrinking according to the transaction demand in the network. We introduce a dynamic adjustment mechanism of mining difficulty and a mining power load balancing mechanism to resist various attacks. Furthermore, we implement Occam on Amazon EC2 cluster with 1000 full nodes. Experimental results show that Occam can greatly increase the throughput of the blockchain and the mining power utilization.
| Original language | English |
|---|---|
| Title of host publication | Proceedings |
| Subtitle of host publication | 2021 IEEE 41st International Conference on Distributed Computing Systems ICDCS 2021 |
| Publisher | IEEE |
| Pages | 618-628 |
| ISBN (Electronic) | 9781665445139 |
| ISBN (Print) | 9781665445146 |
| DOIs | |
| Publication status | Published - 2021 |
| Event | 41st IEEE International Conference on Distributed Computing Systems (ICDCS 2021) - Virtual, Washington, United States Duration: 7 Jul 2021 → 10 Jul 2021 https://icdcs2021.us/ |
Publication series
| Name | Proceedings - International Conference on Distributed Computing Systems |
|---|---|
| ISSN (Print) | 1063-6927 |
| ISSN (Electronic) | 2575-8411 |
Conference
| Conference | 41st IEEE International Conference on Distributed Computing Systems (ICDCS 2021) |
|---|---|
| Place | United States |
| City | Washington |
| Period | 7/07/21 → 10/07/21 |
| Internet address |
Research Keywords
- Directed Acyclic Graph (DAG)
- Distributed Consensus
- Proof of Work (PoW)
- Scalability
RGC Funding Information
- RGC-funded
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