2019
DOI: 10.15388/informatica.2019.227
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A Decade of Blockchain: Review of the Current Status, Challenges, and Future Directions

Abstract: In this paper, we present the progress of blockchain technology from the advent of the original publication titled "Bitcoin: A Peer-to-Peer Electronic Cash System," written by the mysterious Satoshi Nakamoto, until the current days. Historical background and a comprehensive overview of the blockchain technology are given. We provide an up-to-date comparison of the most popular blockchain platforms with particular emphasis given to consensus protocols. Additionally, we introduce a BlockLib, an extensively growi… Show more

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Cited by 40 publications
(25 citation statements)
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References 59 publications
(71 reference statements)
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“…The consensus layer defines how nodes agree on a ledger and resolve inconsistencies, the data model layer defines how data is stored, the execution engine layer defines how a distributed ledger becomes an execution environment for computer programs, and the application layer defines what type of applications can be built on top of DLT. Similarly, a slightly different four-layer hierarchical structure, consisting of network (defines how nodes are connected), protocol (analogous to the consensus layer), ledger (analogous to the data layer), and application layers, was defined in [4].…”
Section: A Taxonomy Of Dltsmentioning
confidence: 99%
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“…The consensus layer defines how nodes agree on a ledger and resolve inconsistencies, the data model layer defines how data is stored, the execution engine layer defines how a distributed ledger becomes an execution environment for computer programs, and the application layer defines what type of applications can be built on top of DLT. Similarly, a slightly different four-layer hierarchical structure, consisting of network (defines how nodes are connected), protocol (analogous to the consensus layer), ledger (analogous to the data layer), and application layers, was defined in [4].…”
Section: A Taxonomy Of Dltsmentioning
confidence: 99%
“…To use realistic network parameters (e.g., network latency and bandwidth), Bitcoin-Simulator automatically splits the percentage of 'Other' between the regions based on existing proportions (see Table 6). To have comparable results, we have used this based on hashers' IP addresses connected to mining pools 4 .…”
Section: ) Geographical Distribution Of Nodes and Minersmentioning
confidence: 99%
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“…They seek a way of publishing the voting information to later allow to verify and audit the election. With the apparition of Bitcoin (Satoshi, 2008), Blockchain technology proved itself as an effective, distributed and decentralized public ledger (Belotti et al, 2019;Paulavicius et al, 2019). Since then, various voting protocols based on blockchain have appeared (e.g.…”
Section: Introductionmentioning
confidence: 99%
“…There are several articles which use the bibliometric analysis methods to study numerous researches in the field of blockchain. Paulavičius et al (2019) provided a comprehensive comparative analysis of the most popular blockchain platforms, and paid special attention to the development of consensus protocols. Dabbagh et al (2019) found out the most popular investigation areas, authoritative journals, influential publications and fund organizations.…”
Section: Introductionmentioning
confidence: 99%