Scalable Computing in a Blockchain
Mahalingam Ramkumar · 2018
The main utility of blockchain networks stem from their ability to offer a trusted platform for execution of processes. The default blockchain implementation, where an immutable log of all transactions is maintained by every participant, is (i) inefficient, and (ii) does not scale well. This paper outlines several strategies to improve the scope and scale of processes that can be executed in a blockchain.