TY - GEN
T1 - Dynamic Distributed Storage for Blockchains
AU - Raman, Ravi Kiran
AU - Varshney, Lav R.
N1 - Publisher Copyright:
© 2018 IEEE.
PY - 2018/8/15
Y1 - 2018/8/15
N2 - Blockchain uses the idea of storing transaction data in the form of a distributed ledger wherein each node in the network stores a current copy of the sequence of transactions (ledger) in the form of a hash chain. Storing the entire ledger incurs a high storage cost that grows undesirably large for high transaction rates and large networks. In this work we use secret key sharing, private key encryption, and distributed storage to design a coding scheme such that each node stores only a part of each transaction thereby reducing storage cost to a fraction of the original. When further using dynamic zone allocation, we show the coding scheme can also improve the data integrity.
AB - Blockchain uses the idea of storing transaction data in the form of a distributed ledger wherein each node in the network stores a current copy of the sequence of transactions (ledger) in the form of a hash chain. Storing the entire ledger incurs a high storage cost that grows undesirably large for high transaction rates and large networks. In this work we use secret key sharing, private key encryption, and distributed storage to design a coding scheme such that each node stores only a part of each transaction thereby reducing storage cost to a fraction of the original. When further using dynamic zone allocation, we show the coding scheme can also improve the data integrity.
UR - https://www.scopus.com/pages/publications/85052486404
U2 - 10.1109/ISIT.2018.8437335
DO - 10.1109/ISIT.2018.8437335
M3 - Conference contribution
AN - SCOPUS:85052486404
SN - 9781538647806
T3 - IEEE International Symposium on Information Theory - Proceedings
SP - 2619
EP - 2623
BT - 2018 IEEE International Symposium on Information Theory, ISIT 2018
PB - Institute of Electrical and Electronics Engineers Inc.
T2 - 2018 IEEE International Symposium on Information Theory, ISIT 2018
Y2 - 17 June 2018 through 22 June 2018
ER -