• Computer Science
  • Published in ArXiv 2019

LazyLedger: A Distributed Data Availability Ledger With Client-Side Smart Contracts

@article{AlBassam2019LazyLedgerAD,
  title={LazyLedger: A Distributed Data Availability Ledger With Client-Side Smart Contracts},
  author={Mustafa Al-Bassam},
  journal={ArXiv},
  year={2019},
  volume={abs/1905.09274}
}
We propose LazyLedger, a design for distributed ledgers where the blockchain is optimised for solely ordering and guaranteeing the availability of transaction data. Responsibility for executing and validating transactions is shifted to only the clients that have an interest in specific transactions relating to blockchain applications that they use. As the core function of the consensus system of a distributed ledger is to order transactions and ensure their availability, consensus participants… CONTINUE READING

Citations

Publications citing this paper.

SoK: Communication Across Distributed Ledgers

VIEW 1 EXCERPT
CITES BACKGROUND

References

Publications referenced by this paper.
SHOWING 1-10 OF 25 REFERENCES

and G

  • M. Al-Bassam, A. Sonnino, S. Bano, D. Hrycyszyn
  • Danezis, “Chainspace: A sharded smart contracts platform,” in Proceedings of the Network and Distributed System Security Symposium (NDSS)
  • 2018
VIEW 5 EXCERPTS
HIGHLY INFLUENTIAL

and V

  • M. Al-Bassam, A. Sonnino
  • Buterin, “Fraud proofs: Maximising light client security and scaling blockchains with dishonest majorities,” CoRR, vol. abs/1809.09044
  • 2018
VIEW 9 EXCERPTS
HIGHLY INFLUENTIAL

Bitcoin: A peer-to-peer electronic cash system,

  • S. Nakamoto
  • 2008
VIEW 7 EXCERPTS
HIGHLY INFLUENTIAL

OmniLedger: A Secure, Scale-Out, Decentralized Ledger via Sharding

VIEW 1 EXCERPT

Bitcoin split in two, here’s what that means,

  • S. Larson
  • 2017
VIEW 1 EXCERPT

and G

  • S. Bano, A. Sonnino, +3 authors S. Meiklejohn
  • Danezis, “Consensus in the age of blockchains,” CoRR, vol. abs/1711.03936
  • 2017