A Comprehensive Review on Blockchain Scalability

Message:
Article Type:
Review Article (دارای رتبه معتبر)
Abstract:
Background and Objectives

Blockchain technology as a distributed and tamper-proof data ledger is attracting more and more attention from various fields around the world. Due to the continuously growing of the blockchain in both transaction data and the number of nodes joining the network, scalability emerges as a challenging issue.

Methods

In this survey, the existing scalability solutions in the blockchain are discussed under five categories including on-chain scalability, off-chain scalability, scalable consensus mechanisms, DAG-based scalability, and horizontal scalability through sharding. Meanwhile, the novelties they have created on the fundamental layers of the blockchain architecture are investigated.

Results

As a result, the advantages and disadvantages of the discussed mechanisms are pointed out, and a comparison between them in terms of different scalability metrics such as throughput, latency, bandwidth, and storage usage is presented. Therefore, this study provides a comprehensive understanding of the various aspects of blockchain scalability and the available scalability solutions. Finally, the research directions and open issues in each category are argued to motivate further improvement efforts for blockchain scalability in the future.

Conclusion

Scalability allows blockchain system to sustain its performance as it grows up. Lack of scalability has a negative effect on the mass adoption of the blockchain in practical environments. This paper presents a profound analysis of the existing scalability solutions, the issues and challenges they address, and the ones that are not resolved yet. Consequently, it inspires novel ideas for more scalable and efficient blockchains in the future.

Language:
English
Published:
Journal of Electrical and Computer Engineering Innovations, Volume:12 Issue: 1, Winter-Spring 2024
Pages:
187 to 216
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