Data Storage in the Decentralized World: Blockchain and Derivatives
| Autor: | Enis Karaarslan, Enis Konacaklı |
|---|---|
| Přispěvatelé: | MÜ, Mühendislik Fakültesi, Bilgisayar Mühendisliği Bölümü, Karaarslan, Enis |
| Rok vydání: | 2020 |
| Předmět: |
Cryptocurrency
Blockchain Computer science Interoperability Cryptology Cryptography 02 engineering and technology Computer security computer.software_genre Directed acyclic graph 0502 economics and business 0202 electrical engineering electronic engineering information engineering Data storage Protocol (object-oriented programming) Data 020203 distributed computing 050208 finance business.industry Gossip consensus protocol 05 social sciences Scalability Blockchain derivatives Sidechain Ledger Security Distributed ledger technology business computer |
| Zdroj: | Who Runs the World: Data ISBN: 9786050707434 |
| DOI: | 10.26650/b/et06.2020.011.03 |
| Popis: | We have entered an era where the importance of decentralized solutions has become more obvious. Blockchain technology and its derivatives are distributed ledger technologies that keep the registry of data between peers of a network. This ledger is secured within a successive over looping cryptographic chain. The accomplishment of the Bitcoin cryptocurrency proved that blockchain technology and its derivatives could be used to eliminate intermediaries and provide security for cyberspace. However, there are some challenges in the implementation of blockchain technology. This chapter first explains the concept of blockchain technology and the data that we can store therein. The main advantage of blockchain is the security services that it provides. This section continues by describing these services.. The challenges of blockchain; blockchain anomalies, energy consumption, speed, scalability, interoperability, privacy and cryptology in the age of quantum computing are described. Selected solutions for these challenges are given. Remarkable derivatives of blockchain, which use different solutions (directed acyclic graph, distributed hash table, gossip consensus protocol) to solve some of these challenges are described. Then the data storage in blockchain and evolving data solutions are explained. The comparison of decentralized solutions with the lcentralized database systems is given. A multi-platform interoperable scalable architecture (MPISA) is proposed. In the conclusion we include the evolution assumptions of data storage in a decentralized world |
| Databáze: | OpenAIRE |
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