Content area

Abstract

Blockchain sharding has emerged as a promising solution to the scalability challenges in traditional blockchain systems by partitioning the network into smaller, manageable subsets called shards. Despite its potential, existing sharding solutions face significant limitations in handling dynamic workloads, ensuring secure cross-shard transactions, and maintaining system integrity. To address these gaps, we propose DynaShard, a dynamic and secure cross-shard transaction processing mechanism designed to enhance blockchain sharding efficiency and security. DynaShard combines adaptive shard management, a hybrid consensus approach, plus an efficient state synchronization and dispute resolution protocol. Our performance evaluation, conducted using a robust experimental setup with real-world network conditions and transaction workloads, demonstrates DynaShard's superior throughput, reduced latency, and improved shard utilization compared to the FTBS method. Specifically, DynaShard achieves up to a 42.6% reduction in latency and a 78.77% improvement in shard utilization under high transaction volumes and varying cross-shard transaction ratios. These results highlight DynaShard's ability to outperform state-of-the-art sharding methods, ensuring scalable and resilient blockchain systems. We believe that DynaShard's innovative approach will significantly impact future developments in blockchain technology, paving the way for more efficient and secure distributed systems.

Details

1009240
Business indexing term
Title
DynaShard: Secure and Adaptive Blockchain Sharding Protocol with Hybrid Consensus and Dynamic Shard Management
Publication title
arXiv.org; Ithaca
Publication year
2024
Publication date
Dec 18, 2024
Section
Computer Science
Publisher
Cornell University Library, arXiv.org
Source
arXiv.org
Place of publication
Ithaca
Country of publication
United States
University/institution
Cornell University Library arXiv.org
e-ISSN
2331-8422
Source type
Working Paper
Language of publication
English
Document type
Working Paper
Publication history
 
 
Online publication date
2024-12-19
Milestone dates
2024-11-11 (Submission v1); 2024-12-18 (Submission v2)
Publication history
 
 
   First posting date
19 Dec 2024
ProQuest document ID
3127416987
Document URL
https://www.proquest.com/working-papers/dynashard-secure-adaptive-blockchain-sharding/docview/3127416987/se-2?accountid=208611
Full text outside of ProQuest
Copyright
© 2024. This work is published under http://creativecommons.org/licenses/by-nc-nd/4.0/ (the “License”). Notwithstanding the ProQuest Terms and Conditions, you may use this content in accordance with the terms of the License.
Last updated
2024-12-20
Database
ProQuest One Academic