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Segment blockchain: a size reduced storage mechanism for blockchain

Xu, Yibin and Huang, Yangyu 2020. Segment blockchain: a size reduced storage mechanism for blockchain. IEEE Access 8 , pp. 17434-17441. 10.1109/ACCESS.2020.2966464

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Abstract

The exponential growth of the blockchain size has become a major contributing factor that hinders the decentralisation of blockchain and its potential implementations in data-heavy applications. In this paper, we propose segment blockchain, an approach that segmentises blockchain and enables nodes to only store a copy of one blockchain segment. We use PoW as a membership threshold to limit the number of nodes taken by an Adversary—the Adversary can only gain at most n/2 of nodes in a network of n nodes when it has 50% of the calculation power in the system (the Nakamoto blockchain security threshold). A segment blockchain system fails when an Adversary stores all copies of a segment, because the Adversary can then leave the system, causing a permanent loss of the segment. We theoretically prove that segment blockchain can sustain a $(AD/n)^m$ failure probability when the Adversary has no more than AD number of nodes and every segment is stored by m number of nodes. The storage requirement is mostly shrunken compared to the traditional design and therefore making the blockchain more suitable for data-heavy applications.

Item Type: Article
Date Type: Published Online
Status: Published
Schools: Computer Science & Informatics
Subjects: Q Science > QA Mathematics > QA76 Computer software
Publisher: IEEE
ISSN: 2169-3536
Related URLs:
Date of First Compliant Deposit: 25 March 2020
Date of Acceptance: 5 January 2020
Last Modified: 31 May 2020 16:18
URI: http://orca-mwe.cf.ac.uk/id/eprint/130522

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