Version vom 12. Mai 2020, 06:18 Uhr

Trade-Offs Between Distributed Ledger Technology Characteristics

Niclas Kannengießer, Sebastian Lins, Tobias Dehling, Ali Sunyaev

Veröffentlicht: 2020

Journal: ACM Computing Surveys

Verlag: ACM
Volume: forthcoming

Nicht-referierte Veröffentlichung

Tags:Blockchain, Distributed Ledger Technology, Peer-to-Peer, Application Development, Suitability, Viability

Kurzfassung
The decision for a suitable Distributed Ledger Technology design (e.g., Ethereum, IOTA) is of particular relevance because the retroactive change of the underlying DLT design is hard if not impossible. Extant research reveals several trade-offs between DLT characteristics (e.g., availability vs. consistency). Such trade-offs inhibit a one-size-fits-all DLT design that suites the requirements of all applications on DLT. For an appropriate assessment of the suitability of DLT designs for a particular application on DLT, researchers and developers require a systematic and holistic overview of the functioning of different DLT designs, including their configuration of DLT characteristics and dependencies and resulting trade-offs between DLT characteristics. We present a comprehensive set of 49 DLT characteristics synthesized from the literature on DLT, which should be considered when developing viable applications on DLT. Furthermore, we conducted an in-depth analysis of dependencies and resulting trade-offs between DLT characteristics. Finally, we consolidated the identified 26 trade-offs into 6 archetypes and explain implications for applications on DLT.

DOI Link: 10.1145/3379463

Projekt

COOLedger

Forschungsgruppe

Critical Information Infrastructures

Forschungsgebiet

Software Engineering, Blockchain

@@ Zeile 21: / Zeile 21: @@
 |Journal=ACM Computing Surveys
 |Volume=forthcoming
+|Publisher=ACM
 |Tags=Blockchain, Distributed Ledger Technology, Peer-to-Peer, Application Development, Suitability, Viability
 }}
 {{Publikation Details
-|Abstract=When developing peer-to-peer applications on Distributed Ledger Technology (DLT), a crucial decision is the selection of a suitable DLT design (e.g., Ethereum) because it is hard to change the underlying DLT design post hoc. To facilitate the selection of suitable DLT designs, we review DLT characteristics and identify trade-offs between them. Furthermore, we assess how DLT designs account for these trade-offs and we develop archetypes for DLT designs that cater to specific quality requirements. The main purpose of our article is to introduce scientific and practical audiences to the intricacies of DLT designs and to support development of viable applications on DLT.
+|Abstract=The decision for a suitable Distributed Ledger Technology design (e.g., Ethereum, IOTA) is of particular relevance because the retroactive change of the underlying DLT design is hard if not impossible. Extant research reveals several trade-offs between DLT characteristics (e.g., availability vs. consistency). Such trade-offs inhibit a one-size-fits-all DLT design that suites the requirements of all applications on DLT. For an appropriate assessment of the suitability of DLT designs for a particular application on DLT, researchers and developers require a systematic and holistic overview of the functioning of different DLT designs, including their configuration of DLT characteristics and dependencies and resulting trade-offs between DLT characteristics. We present a comprehensive set of 49 DLT characteristics synthesized from the literature on DLT, which should be considered when developing viable applications on DLT. Furthermore, we conducted an in-depth analysis of dependencies and resulting trade-offs between DLT characteristics. Finally, we consolidated the identified 26 trade-offs into 6 archetypes and explain implications for applications on DLT.
-|Link=https://arxiv.org/pdf/1906.00861v4.pdf
+|DOI Name=10.1145/3379463
+|Projekt=COOLedger
 |Forschungsgruppe=Critical Information Infrastructures
 }}

Article3210: Unterschied zwischen den Versionen

Version vom 12. Mai 2020, 06:18 Uhr

Trade-Offs Between Distributed Ledger Technology Characteristics

Trade-Offs Between Distributed Ledger Technology Characteristics