EC-Chain: Cost-Effective Storage Solution for Permissionless Blockchains
Fuente:
arXiv
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| Autores principales: | , , , , , |
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| Formato: | Preprint |
| Publicado: |
2024
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| Acceso en línea: | |
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| _version_ | 1866910732954632192 |
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| author | Xu, Minghui Guo, Hechuan Cheng, Ye Liu, Chunchi Yu, Dongxiao Cheng, Xiuzhen |
| author_facet | Xu, Minghui Guo, Hechuan Cheng, Ye Liu, Chunchi Yu, Dongxiao Cheng, Xiuzhen |
| contents | Permissionless blockchains face considerable challenges due to increasing storage demands, driven by the proliferation of Decentralized Applications (DApps). This paper introduces EC-Chain, a cost-effective storage solution for permissionless blockchains. EC-Chain reduces storage overheads of ledger and state data, which comprise blockchain data. For ledger data, EC-Chain refines existing erasure coding-based storage optimization techniques by incorporating batch encoding and height-based encoding. We also introduce an easy-to-implement dual-trie state management system that enhances state storage and retrieval through state expiry, mining, and creation procedures. To ensure data availability in permissionless environments, EC-Chain introduces a network maintenance scheme tailored for dynamism. Collectively, these contributions allow EC-Chain to provide an effective solution to the storage challenges faced by permissionless blockchains. Our evaluation demonstrates that EC-Chain can achieve a storage reduction of over \(90\%\) compared to native Ethereum Geth. |
| format | Preprint |
| id |
arxiv_https___arxiv_org_abs_2412_05502 |
| institution | arXiv |
| publishDate | 2024 |
| record_format | arxiv |
| spellingShingle | EC-Chain: Cost-Effective Storage Solution for Permissionless Blockchains Xu, Minghui Guo, Hechuan Cheng, Ye Liu, Chunchi Yu, Dongxiao Cheng, Xiuzhen Cryptography and Security Permissionless blockchains face considerable challenges due to increasing storage demands, driven by the proliferation of Decentralized Applications (DApps). This paper introduces EC-Chain, a cost-effective storage solution for permissionless blockchains. EC-Chain reduces storage overheads of ledger and state data, which comprise blockchain data. For ledger data, EC-Chain refines existing erasure coding-based storage optimization techniques by incorporating batch encoding and height-based encoding. We also introduce an easy-to-implement dual-trie state management system that enhances state storage and retrieval through state expiry, mining, and creation procedures. To ensure data availability in permissionless environments, EC-Chain introduces a network maintenance scheme tailored for dynamism. Collectively, these contributions allow EC-Chain to provide an effective solution to the storage challenges faced by permissionless blockchains. Our evaluation demonstrates that EC-Chain can achieve a storage reduction of over \(90\%\) compared to native Ethereum Geth. |
| title | EC-Chain: Cost-Effective Storage Solution for Permissionless Blockchains |
| topic | Cryptography and Security |
| url | https://arxiv.org/abs/2412.05502 |