• Corpus ID: 9155549

Bitcoin-NG: A Scalable Blockchain Protocol

@inproceedings{Eyal2016BitcoinNGAS,
  title={Bitcoin-NG: A Scalable Blockchain Protocol},
  author={Ittay Eyal and Adem Efe Gencer and Emin G{\"u}n Sirer and Robbert van Renesse},
  booktitle={NSDI},
  year={2016}
}
Cryptocurrencies, based on and led by Bitcoin, have shown promise as infrastructure for pseudonymous online payments, cheap remittance, trustless digital asset exchange, and smart contracts. [...] Key Method We implement Bitcoin-NG and perform large-scale experiments at 15% the size of the operational Bitcoin system, using unchanged clients of both protocols. These experiments demonstrate that Bitcoin-NG scales optimally, with bandwidth limited only by the capacity of the individual nodes and latency limited…Expand
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