Please use this identifier to cite or link to this item: http://hdl.handle.net/10125/60143

What Does Not Fit Can be Made to Fit! Trade-Offs in Distributed Ledger Technology Designs

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dc.contributor.author Kannengießer, Niclas
dc.contributor.author Lins, Sebastian
dc.contributor.author Dehling, Tobias
dc.contributor.author Sunyaev, Ali
dc.date.accessioned 2019-01-03T00:56:23Z
dc.date.available 2019-01-03T00:56:23Z
dc.date.issued 2019-01-08
dc.identifier.isbn 978-0-9981331-2-6
dc.identifier.uri http://hdl.handle.net/10125/60143
dc.description.abstract Distributed ledger technology (DLT), including blockchain, enables secure processing of transactions between untrustworthy parties in a decentralized system. However, DLT is available in different designs that exhibit diverse characteristics. Moreover, DLT characteristics have complementary and conflicting interdependencies. Hence, there will never be an ideal DLT design for all DLT use cases; instead, DLT implementations need to be configured to contextual requirements. Successful DLT configuration requires, however, a sound understanding of DLT characteristics and their interdependencies. In this manuscript, we review DLT characteristics and organize them into six groups. Furthermore, we condense interdependencies of DLT characteristics into trade-offs that should be considered for successful deployment of DLT. Finally, we consolidate our findings into DLT archetypes for common design objectives, such as security, usability, or performance. Our work makes extant DLT research more transparent and fosters understanding of interdependencies and trade-offs between DLT characteristics.
dc.format.extent 10 pages
dc.language.iso eng
dc.relation.ispartof Proceedings of the 52nd Hawaii International Conference on System Sciences
dc.rights Attribution-NonCommercial-NoDerivatives 4.0 International
dc.rights.uri https://creativecommons.org/licenses/by-nc-nd/4.0/
dc.subject Blockchain Engineering
dc.subject Software Technology
dc.subject Distributed Ledger Technology, Blockchain, Trade-Offs, Archetypes, Characteristics
dc.title What Does Not Fit Can be Made to Fit! Trade-Offs in Distributed Ledger Technology Designs
dc.type Conference Paper
dc.type.dcmi Text
dc.identifier.doi 10.24251/HICSS.2019.848
Appears in Collections: Blockchain Engineering


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