What Blocks My Blockchain's Throughput? Developing a Generalizable Approach for Identifying Bottlenecks in Permissioned Blockchains

arXiv:2404.02930v1 Announce Type: new
Abstract: Permissioned blockchains have been proposed for a variety of use cases that require decentralization yet address enterprise requirements that permissionless blockchains to date cannot satisfy -- particularly in terms of performance. However, popular permissioned blockchains still exhibit a relatively low maximum throughput in comparison to established centralized systems. Consequently, researchers have conducted several benchmarking studies on different permissioned blockchains to identify their limitations and -- in some cases -- their bottlenecks in an attempt to …

address arxiv blockchain blockchains cases cs.cr cs.db date decentralization enterprise low performance popular requirements terms use cases