The DOI matches its Crossref record; 5 of the 5 references it cites were found in a registry or an index.
Performance Analysis of Private Blockchain Platforms in Varying Workloads
Abstract
This paper conducts a performance analysis of two popular private blockchain platforms, Hyperledger Fabric and Ethereum (private deployment), to assess the performance and limitations of these state-of-the-art platforms. Blockchain, a decentralized transaction and data management technology, is said to be the technology that will have similar impacts as the Internet had on people's lives. Many industries have become interested in adopting blockchain in their IT systems, but scalability is an often- cited concern of current blockchain technology. Therefore, the goals of this preliminary performance analysis are twofold. First, a methodology for evaluating a blockchain platform is developed. Second, the analysis results are presented to inform practitioners in making decisions regarding adoption of blockchain technology in their IT systems. The experimental results, based on varying number of transactions, show that Hyperledger Fabric consistently outperforms Ethereum across all evaluation metrics which are execution time, latency and throughput. Additionally, both platforms are still not competitive with current database systems in term of performances in high workload scenarios.
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Cites
Where Is Current Research on Blockchain Technology?—A Systematic Review
Yli-Huumo, J., Ko, D., Choi, S., Park, S., & Smolander, K. (2016) · PLOS ONE · doi:10.1371/journal.pone.0163477 · Cited by 2,317
Information propagation in the Bitcoin network
Decker, C., & Wattenhofer, R. (2013) · IEEE P2P 2013 Proceedings · doi:10.1109/p2p.2013.6688704 · Cited by 1,192
On Scaling Decentralized Blockchains: (A Position Paper)
Croman, K., Decker, C., Eyal, I., Gencer, A. E., Juels, A., Kosba, A., Miller, A., Saxena, P., Shi, E., Gün Sirer, E., et al. (2016) · Lecture Notes in Computer Science · doi:10.1007/978-3-662-53357-4_8 · Cited by 1,165
BLOCKBENCH: A Framework for Analyzing Private Blockchains
Dinh, T. T. A., Wang, J., Chen, G., Liu, R., Ooi, B. C., & Tan, K.-L. (2017) · Proceedings of the 2017 ACM International Conference on Management of Data · doi:10.1145/3035918.3064033 · Cited by 814
BLOCKBENCH: A Framework for Analyzing Private Blockchains
Dinh, T. T. A., Wang, J., Chen, G., Liu, R. Z. Z., Ooi, B. C., & Tan, K. (2017) · arXiv (Cornell University) · doi:10.48550/arxiv.1703.04057 · Cited by 201
Cited by
A Vademecum on Blockchain Technologies: When, Which, and How
Belotti, M., Bozic, N., Pujolle, G., & Secci, S. (2019) · IEEE Communications Surveys & Tutorials · doi:10.1109/comst.2019.2928178 · Cited by 498
Makhdoom, I., Zhou, I., Abolhasan, M., Lipman, J., & Ni, W. (2020) · Computers & Security · doi:10.1016/j.cose.2019.101653 · Cited by 325
A Survey of IoT Applications in Blockchain Systems: Architecture, Consensus, and Traffic Modeling
Lao, L., Li, Z., Hou, S., Xiao, B., Guo, S., & Yang, Y. (2021) · ACM Computing Surveys · doi:10.1145/3372136 · Cited by 304
Performance Evaluation of Blockchain Systems: A Systematic Survey
Fan, C., Ghaemi, S., Khazaei, H., & Musilek, P. (2020) · IEEE Access · doi:10.1109/access.2020.3006078 · Cited by 294
Kuzlu, M., Pipattanasomporn, M., Gurses, L., & Rahman, S. (2019) · 2019 IEEE International Conference on Blockchain (Blockchain) · doi:10.1109/blockchain.2019.00003 · Cited by 279
Metadata
- Authors
- Pongnumkul, S., Siripanpornchana, C., & Thajchayapong, S.
- Venue
- 2017 26th International Conference on Computer Communication and Networks (ICCCN)
- Publisher
- IEEE
- Published
- 2017-07
- Pages
- 1-6
- OpenAlex
- W2754866430
- Cited by
- 398
- References
- 5
- FWCI
- 28.17
- Type
- conference paper
- Language
- en
- Open access
- closed
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- Pongnumkul, S., Siripanpornchana, C., & Thajchayapong, S. (2017). Performance Analysis of Private Blockchain Platforms in Varying Workloads. 2017 26th International Conference on Computer Communication and Networks (ICCCN). https://doi.org/10.1109/icccn.2017.8038517
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
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