A Limitlessly Scalable Transaction System

Authors: Max Mathys, Roland Schmid, Jakub Sliwinski, and Roger Wattenhofer
Lecture Notes in Computer Science
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Abstract

We present Accept, a simple, asynchronous transaction system that achieves perfect horizontal scaling.

Usual blockchain-based transaction systems come with a fundamental throughput limitation as they require that all (potentially unrelated) transactions must be totally ordered. Such solutions thus require serious compromises or are outright unsuitable for large-scale applications, such as global retail payments.

Accept provides efficient horizontal scaling without any limitation. To that end, Accept satisfies a relaxed form of consensus and does not establish an ordering of unrelated transactions. Furthermore, Accept achieves instant finality and does not depend on a source of randomness.

People

Dr. Roland Schmid
PhD student
2020—2025

BibTex

@inproceedings{mathys2022limitlessly,
  author    = {Mathys, Max and Schmid, Roland and Sliwinski, Jakub and Wattenhofer, Roger},
  title     = {{A Limitlessly Scalable Transaction System}},
  booktitle = {Lecture Notes in Computer Science},
  volume    = 13619,
  address   = {Copenhagen, Denmark},
  year      = 2022,
  month     = sep,
  publisher = {Springer},
  doi       = {10.1007/978-3-031-25734-6_18},
  url       = {https://doi.org/10.1007/978-3-031-25734-6_18}
}

Research Collection: 20.500.11850/579810