2019
DOI: 10.1109/access.2019.2926880
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Interledger Approaches

Abstract: While blockchains and more generally distributed ledger technologies (DLTs) are passing over their hype curve peak, their shortcomings are becoming more apparent. One relatively recent approach to address their performance, scalability, privacy, and other problems are to use multiple different DLTs instead of relying on just one. While there are no really established standards for combining several DLTs, a few repeating patterns can be observed. In this paper, we present a survey of interledger approaches, dis… Show more

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Cited by 75 publications
(33 citation statements)
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“…Therefore, ensuring the interoperability among such deployments is crucial to ensure large-scale blockchain scenarios. For that purpose, the use of interledger approaches [251] could help to mitigate potential interoperability concerns through a common platform, in which different blockchains could maintain their privacy preferences. In this direction, the use of interledger techniques (e.g., sidechains [252]) needs to be analyzed in the coming years as a tool to increase interoperability, as well as to reduce performance issues.…”
Section: Future Research Directionsmentioning
confidence: 99%
“…Therefore, ensuring the interoperability among such deployments is crucial to ensure large-scale blockchain scenarios. For that purpose, the use of interledger approaches [251] could help to mitigate potential interoperability concerns through a common platform, in which different blockchains could maintain their privacy preferences. In this direction, the use of interledger techniques (e.g., sidechains [252]) needs to be analyzed in the coming years as a tool to increase interoperability, as well as to reduce performance issues.…”
Section: Future Research Directionsmentioning
confidence: 99%
“…Blum and Bocek have proposed a blockchain specifically designed for light clients [31]. If public blockchain interaction is required, another approach is to use multiple blockchains, and segregate constrained devices into the more IoT-friendly blockchain, straddling the two blockchains using interledger techniques [32].…”
Section: Related Workmentioning
confidence: 99%
“…From a more technological standpoint, new networks are aimed to enable interoperability (see the different approaches adopted, presented in Siris et al 26 ) and increase network speed. However, the essential features of blockchain networks should be observed since Blockchain 3.0 incorporates features like immutability and transparency and no need for intermediaries, obtained by the blockchain trustless decentralization to other systems, which are built on top of blockchain technology 25 .…”
Section: Blockchain Generationsmentioning
confidence: 99%