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A Review of Distributed Ledger Technologies

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On the Move to Meaningful Internet Systems. OTM 2018 Conferences (OTM 2018)

Part of the book series: Lecture Notes in Computer Science ((LNPSE,volume 11230))

Abstract

Recently the race toward trusted distributed systems has attracted a huge interest, mostly due to the advances in crypto-currencies platforms such as Bitcoin. Currently, different Distributed Ledger Technologies (DLTs) are competing to demonstrate their capabilities and show how they can overcome the limitations faced by others. The common denominator among all distributed ledger technologies is their reliance on a distributed, decentralized peer-to-peer network and a set of modular mechanisms such as cryptographic hashes and consensuses mechanisms. However, their implementations vary substantially in terms of the used data structure, fault tolerance and consensus approaches. This divergence affects the nature of each instance of the DLT in terms of cost, security, latency and performance. In this paper, we present a snapshot of four existing implementations of DLTs. The particularities of each technology and an initial comparison between them is discussed.

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Author information

Authors and Affiliations

  1. Free University of Bolzano, Piazza Dominicani 3, 39100, Bolzano, Italy

    Nabil El Ioini & Claus Pahl

Authors
  1. Nabil El Ioini
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  2. Claus Pahl
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Corresponding author

Correspondence to Nabil El Ioini .

Editor information

Editors and Affiliations

  1. CNRS, University of Lorraine, Vandoeuvre-les-Nancy, France

    Hervé Panetto

  2. Trinity College Dublin, Dublin, Ireland

    Christophe Debruyne

  3. Luxembourg Institute of Science and Technology, Esch-sur-Alzette, Luxembourg

    Henderik A. Proper

  4. Università degli Studi di Milano, Crema, Italy

    Claudio Agostino Ardagna

  5. SINTEF and University of Oslo, Oslo, Norway

    Dumitru Roman

  6. TU Graz, Graz, Austria

    Robert Meersman

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El Ioini, N., Pahl, C. (2018). A Review of Distributed Ledger Technologies. In: Panetto, H., Debruyne, C., Proper, H., Ardagna, C., Roman, D., Meersman, R. (eds) On the Move to Meaningful Internet Systems. OTM 2018 Conferences. OTM 2018. Lecture Notes in Computer Science(), vol 11230. Springer, Cham. https://doi.org/10.1007/978-3-030-02671-4_16

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  • DOI: https://doi.org/10.1007/978-3-030-02671-4_16

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-030-02670-7

  • Online ISBN: 978-3-030-02671-4

  • eBook Packages: Computer ScienceComputer Science (R0)

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