Drawing the boundaries between Blockchain and Blockchain-like systems: A Comprehensive Survey on Distributed Ledger Technologies
Bitcoin's global success has led to the rise of blockchain, but many systems labeled as "blockchain" deviate from its core principles, adding complexity to the ecosystem. This survey addresses the need for a comprehensive review and taxonomy to clarify the differences between blockcha...
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Main Authors: | , , , , |
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Format: | Journal Article |
Language: | English |
Published: |
26-09-2024
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Subjects: | |
Online Access: | Get full text |
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Summary: | Bitcoin's global success has led to the rise of blockchain, but many systems
labeled as "blockchain" deviate from its core principles, adding complexity to
the ecosystem. This survey addresses the need for a comprehensive review and
taxonomy to clarify the differences between blockchain and blockchain-like
systems. We propose a reference model with four key layers: data, consensus,
execution, and application, and introduce a new taxonomy for better
classification. Through a qualitative and quantitative analysis of 44 DLT
solutions and 26 consensus mechanisms, we highlight key challenges and offer
research directions in the field. |
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DOI: | 10.48550/arxiv.2409.18799 |