@inproceedings{a369a7b722374d4187b7e981e63110f5,
title = "Improve Blockchain Performance using Graph Data Structure and Parallel Mining",
abstract = "Blockchain technology is ushering in another breakout year, the challenge of blockchain still remains to be solved. This paper analyzes the features of Bitcoin and Bitcoin-NG system based on blockchian, proposes an improved method of implementing blockchain systems by replacing the structure of the original chain with the graph data structure. It was named GraphChain. Each block represents a transaction and contains the balance status of the traders. Additionally, as everyone knows all the transactions in Bitcoin system will be baled by only one miner that will result in a lot of wasted effort, so another way to improve resource utilization is to change the original way to compete for miner to election and parallel mining. Researchers simulated blockchain with graph structure and parallel mining through python, and suggested the conceptual new graph model which can improve both capacity and performance.",
keywords = "blockchain, graph chain, parallel mining, performance",
author = "Jia Kan and Shangzhe Chen and Xin Huang",
note = "Publisher Copyright: {\textcopyright} 2018 IEEE.; 1st IEEE International Conference on Hot Information-Centric Networking, HotICN 2018 ; Conference date: 15-08-2018 Through 17-08-2018",
year = "2019",
month = jan,
day = "8",
doi = "10.1109/HOTICN.2018.8606020",
language = "English",
series = "Proceedings of 2018 1st IEEE International Conference on Hot Information-Centric Networking, HotICN 2018",
publisher = "Institute of Electrical and Electronics Engineers Inc.",
pages = "173--178",
editor = "Lei Kai",
booktitle = "Proceedings of 2018 1st IEEE International Conference on Hot Information-Centric Networking, HotICN 2018",
}