On transaction parallelizability in Ethereum

01/28/2019
by   Nadi Sarrar, et al.
0

Ethereum clients execute transactions in a sequential order prescribed by the consensus protocol. This is a safe and conservative approach to blockchain transaction processing which forgoes running transactions in parallel even when doing so would be beneficial and safe, e.g., when there is no intersection in the sets of accounts that the transactions read or modify. In this work we study the degree of transaction parallelizability and present results from three different simulations using real Ethereum transaction data. Our simulations demonstrate that notable gains are achievable with parallelization, and suggest that the potential for parallelizability improves as transaction rates increase.

READ FULL TEXT

Please sign up or login with your details

Forgot password? Click here to reset

Sign in with Google

×

Use your Google Account to sign in to DeepAI

×

Consider DeepAI Pro