On the Ethereum blockchain structure: A complex networks theory perspective

On the Ethereum blockchain structure: A complex networks theory perspective

Summary In this paper, we analyze the Ethereum blockchain using the complex networks modeling framework. Accounts acting on the blockchain are represented as nodes, while the interactions among these accounts, recorded on the blockchain, are treated as links in the network. Using this representation...

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Bibliographic Details
Published in:Concurrency and computation Vol. 32; no. 12
Main Authors: Ferretti, Stefano, D'Angelo, Gabriele
Format: Journal Article
Language:English
Published: Hoboken Wiley Subscription Services, Inc 25-06-2020
Subjects:
Blockchain
complex networks
Cryptography
Ethereum
Online Access:Get full text
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Summary:Summary In this paper, we analyze the Ethereum blockchain using the complex networks modeling framework. Accounts acting on the blockchain are represented as nodes, while the interactions among these accounts, recorded on the blockchain, are treated as links in the network. Using this representation, it is possible to derive interesting mathematical characteristics that improve the understanding of the actual interactions happening in the blockchain. Not only, by looking at the history of the blockchain, it is possible to verify if radical changes in the blockchain evolution happened.
ISSN:1532-0626
1532-0634
DOI:10.1002/cpe.5493