Shujiang Xu1,2,*, Ziye Wang1,2, Lianhai Wang1,2, Miodrag J. Mihaljević1,2,3, Shuhui Zhang1,2, Wei Shao1,2, Qizheng Wang1,2
CMES-Computer Modeling in Engineering & Sciences, Vol.139, No.3, pp. 3311-3327, 2024, DOI:10.32604/cmes.2023.046164
Abstract Blockchain technology, with its attributes of decentralization, immutability, and traceability, has emerged as a powerful catalyst for enhancing traditional industries in terms of optimizing business processes. However, transaction performance and scalability has become the main challenges hindering the widespread adoption of blockchain. Due to its inability to meet the demands of high-frequency trading, blockchain cannot be adopted in many scenarios. To improve the transaction capacity, researchers have proposed some on-chain scaling technologies, including lightning networks, directed acyclic graph technology, state channels, and sharding mechanisms, in which sharding emerges as a potential scaling technology. Nevertheless, excessive cross-shard transactions and uneven shard… More >
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