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Proof-of-property: a lightweight and scalable blockchain protocol

Authors:

Christopher Ehmke,

Florian Wessling,

Christoph M. FriedrichAuthors Info & Claims

WETSEB '18: Proceedings of the 1st International Workshop on Emerging Trends in Software Engineering for Blockchain

Pages 48 - 51

https://doi.org/10.1145/3194113.3194122

Published: 27 May 2018 Publication History

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Abstract

The expansion of blockchain technologies from financial applications to other fields intensifies the problem of an increasing size of data stored in the blockchain. Unfortunately, new participants of the blockchain network are required to download the whole blockchain to gain an overview about the state of the system and to validate incoming transactions. Approaches like IOTA, SegWit or the Lightning Network try to solve the scalability issues of blockchain applications. Unfortunately, they focus on strategies slowing down the blockchain's growth instead of reducing the problems arising from a growing chain or introduce new concepts to oust the linear blockchain altogether. The approach proposed in this paper is based on the idea of Ethereum to keep the state of the system explicitly in the current block but further pursues this by including the relevant part of the current system state in new transactions as well. This enables other participants to validate incoming transactions without having to download the whole blockchain initially. Following this idea use cases can be supported that require scalable blockchain technology but not necessarily an indefinite and complete transaction history.

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Index Terms

Proof-of-property: a lightweight and scalable blockchain protocol
1. Computer systems organization
  1. Architectures
    1. Distributed architectures
      1. Peer-to-peer architectures
2. Security and privacy
  1. Network security
    1. Security protocols
  2. Systems security
    1. Distributed systems security

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Published In

WETSEB '18: Proceedings of the 1st International Workshop on Emerging Trends in Software Engineering for Blockchain

May 2018

70 pages

ISBN:9781450357265

DOI:10.1145/3194113

Program Chairs:
Roberto Tonelli
University of Cagliari, Cagliari, Italy
,
Giuseppe Destefanis
University of Hertfordshire, Hatfield, United Kingdom
,
Steve Counsell
Brunel University London, United Kingdom
,
Michele Marchesi
University of Cagliari, Cagliari, Italy

Permission to make digital or hard copies of all or part of this work for personal or classroom use is granted without fee provided that copies are not made or distributed for profit or commercial advantage and that copies bear this notice and the full citation on the first page. Copyrights for components of this work owned by others than ACM must be honored. Abstracting with credit is permitted. To copy otherwise, or republish, to post on servers or to redistribute to lists, requires prior specific permission and/or a fee. Request permissions from [email protected]

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Association for Computing Machinery

New York, NY, United States

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Published: 27 May 2018

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IEEE-CS

ICSE '18: 40th International Conference on Software Engineering

May 27, 2018

Gothenburg, Sweden

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ICSE 2025

2025 IEEE/ACM 46th International Conference on Software Engineering

April 26 - May 3, 2025

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Reinforcing Immutability of Permissioned Blockchains with Keyless Signatures' Infrastructure

High-volume transaction processing in Bitcoin Lightning Network on blockchains

Proof-of-stake at stake: predatory, destructive attack on PoS cryptocurrencies

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