Blockchain technologies are expected to make a significant impact on a variety of industries. However, one issue holding them back is their limited transaction throughput, especially compared to established solutions such as distributed database systems. In this paper, we re-architect a modern permissioned blockchain system, Hyperledger Fabric, to increase transaction throughput from 3,000 to 20,000 transactions per second. We focus on performance bottlenecks beyond the consensus mechanism, and we propose architectural changes that reduce computation and I/O overhead during transaction ordering and validation to greatly improve throughput. Notably, our optimizations are fully plug-and-play and do not require any interface changes to Hyperledger Fabric.
Summary
Blockchain technologies are expected to make a significant impact on a variety of industries. However, one issue holding them back is their limited transaction throughput, especially compared to established solutions such as distributed database systems. In this paper, we rearchitect a modern permissioned blockchain system, Hyperledger Fabric, to increase transaction throughput from 3000 to 20 000 transactions per second. We focus on performance bottlenecks beyond the consensus mechanism, and we propose architectural changes that reduce computation and I/O overhead during transaction ordering and validation to greatly improve throughput. Notably, our optimizations are fully plug‐and‐play and do not require any interface changes to Hyperledger Fabric.
This paper presents an analysis of data collected through the Waterloo WeBike project: a field trial in which over 30 sensor-equipped electric bicycles (e-bikes) were given to members of the University of Waterloo for personal use. Our dataset includes e-bike trips and battery charging sessions spanning nearly three years, from summer 2014 until spring 2017. We also conducted three surveys both before and during the trial. Our main findings were that the primary purpose of the e-bikes in our trial was for commuting, with most trips lasting less than 20 minutes and most trips taking place in the summer months. Our battery charging analysis revealed no evidence of range anxiety, and our analysis of survey results showed little correlation between anticipated and actual use. Furthermore, when asked about their opinions about various modes of transportation, our participants rated regular bicycles higher than e-bikes even after becoming familiar with e-bikes through the field trial. Based on our analysis, we draw several conclusions, including the fact that the general population in Canada is still unaware of e-bikes and their potential. Moreover, e-bike manufacturers should target sales to nonbike users, such as seniors, rather than trying to displace sales of regular bicycles.
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