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

dc.contributor.authorKannengießer, Niclas
dc.contributor.authorLins, Sebastian
dc.contributor.authorDehling, Tobias
dc.contributor.authorSunyaev, Ali
dc.date.accessioned2019-01-03T00:56:23Z
dc.date.available2019-01-03T00:56:23Z
dc.date.issued2019-01-08
dc.description.abstractDistributed 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.extent10 pages
dc.identifier.doi10.24251/HICSS.2019.848
dc.identifier.isbn978-0-9981331-2-6
dc.identifier.urihttp://hdl.handle.net/10125/60143
dc.language.isoeng
dc.relation.ispartofProceedings of the 52nd Hawaii International Conference on System Sciences
dc.rightsAttribution-NonCommercial-NoDerivatives 4.0 International
dc.rights.urihttps://creativecommons.org/licenses/by-nc-nd/4.0/
dc.subjectBlockchain Engineering
dc.subjectSoftware Technology
dc.subjectDistributed Ledger Technology, Blockchain, Trade-Offs, Archetypes, Characteristics
dc.titleWhat Does Not Fit Can be Made to Fit! Trade-Offs in Distributed Ledger Technology Designs
dc.typeConference Paper
dc.type.dcmiText

Files

Original bundle
Now showing 1 - 1 of 1
Loading...
Thumbnail Image
Name:
0703.pdf
Size:
1000.95 KB
Format:
Adobe Portable Document Format