Hierarchical bucket tree: an efficient account structure for blockchain-based system
by Weili Chen; Zibin Zheng; Mingjie Ma; Pinjia He; Yuren Zhou; Jing Bian
International Journal of Embedded Systems (IJES), Vol. 12, No. 4, 2020

Abstract: Systems built on top of blockchain are often inefficient. One reason for the inefficiency is that these systems include too many hash operations. To address this problem, we conduct an empirical study on the transaction history of a real-world blockchain-based system (i.e., Ethereum), which contains 300,821 accounts and 14,240,095 transactions. We found that the account usage frequency is highly heterogeneous. Based on this finding, this paper presents hierarchy bucket tree (HBT), an efficient account structure with user transaction behaviour information embedded, to reduce the number of hash operations and thus enhance the efficiency of blockchain-based systems. Extensive experiments have been conducted and the experimental results show that HBT reduces hash operations by nearly 80% compared with the existing account structure.

Online publication date: Wed, 03-Jun-2020

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Embedded Systems (IJES):
Login with your Inderscience username and password:

    Username:        Password:         

Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com