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• W2783808332 abstract "Blockchain-based cryptocurrencies have demonstrated how to securely implement traditionally centralized systems, such as currencies, in a decentralized fashion. However, there have been few measurement studies on the level of decentralization they achieve in practice. We present a measurement study on various decentralization metrics of two of the leading cryptocurrencies with the largest market capitalization and user base, Bitcoin and Ethereum. We investigate the extent of decentralization by measuring the network resources of nodes and the interconnection among them, the protocol requirements affecting the operation of nodes, and the robustness of the two systems against attacks. In particular, we adapted existing internet measurement techniques and used the Falcon Relay Network as a novel measurement tool to obtain our data. We discovered that neither Bitcoin nor Ethereum has strictly better properties than the other. We also provide concrete suggestions for improving both systems." @default.
• W2783808332 created "2018-01-26" @default.
• W2783808332 creator A5011335429 @default.
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• W2783808332 date "2018-01-11" @default.
• W2783808332 modified "2023-09-27" @default.
• W2783808332 title "Decentralization in Bitcoin and Ethereum Networks" @default.
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• W2783808332 hasPublicationYear "2018" @default.
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