On Scaling Decentralized Blockchains (A Position Paper) [PDF] [2016]
Initiative for CryptoCurrencies and Contracts (IC3) The increasing popularity of blockchain-based cryptocurrencies has made scalability a primary and urgent concern. We analyze how fundamental and circumstantial bottlenecks in Bitcoin limit the ability of its current peer-to-peer overlay network to support substantially higher throughputs and lower latencies. ...
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