Stateful to Stateless: Modelling Stateless Ethereum
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110127109. Available under License Creative Commons Attribution 4.0. |
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Description
The concept of ‘Stateless Ethereum’ was conceived with the primary aim of mitigating Ethereum’s unbounded state growth. The key facilitator of Stateless Ethereum is through the introduction of ‘witnesses’ into the ecosystem. The changes and potential consequences that these additional data packets pose on the network need to be identified and analysed to ensure that the Ethereum ecosystem can continue operating securely and efficiently. In this paper we propose a Bayesian Network model, a probabilistic graphical modelling approach, to capture the key factors and their interactions in Ethereum mainnet, the public Ethereum blockchain, focussing on the changes being introduced by Stateless Ethereum to estimate the health of the resulting Ethereum ecosystem. We use a mixture of empirical data and expert knowledge, where data are unavailable, to quantify the model. Based on the data and expert knowledge available to use at the time of modelling, the Ethereum ecosystem is expected to remain healthy following the introduction of Stateless Ethereum.
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ID Code: | 230879 | ||||
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Item Type: | Chapter in Book, Report or Conference volume (Conference contribution) | ||||
Series Name: | Electronic Proceedings in Theoretical Computer Science, EPTCS | ||||
ORCID iD: |
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Measurements or Duration: | 13 pages | ||||
Additional URLs: | |||||
DOI: | 10.4204/EPTCS.355.3 | ||||
Pure ID: | 110127109 | ||||
Divisions: | Current > Research Centres > Centre for Data Science Current > QUT Faculties and Divisions > Faculty of Science Current > Schools > School of Mathematical Sciences |
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Copyright Owner: | 2022 The Authors | ||||
Copyright Statement: | This work is covered by copyright. Unless the document is being made available under a Creative Commons Licence, you must assume that re-use is limited to personal use and that permission from the copyright owner must be obtained for all other uses. If the document is available under a Creative Commons License (or other specified license) then refer to the Licence for details of permitted re-use. It is a condition of access that users recognise and abide by the legal requirements associated with these rights. If you believe that this work infringes copyright please provide details by email to qut.copyright@qut.edu.au | ||||
Deposited On: | 18 May 2022 00:08 | ||||
Last Modified: | 01 Mar 2024 03:47 |
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