RainBlock - Faster Transaction Processing in Public Blockchains
Explore a conference talk on RainBlock, a novel public blockchain system that significantly improves transaction processing speed without altering proof-of-work consensus. Learn about the innovative RainBlock architecture that removes I/O bottlenecks from transaction processing and the distributed, multi-versioned DSM-TREE data structure for efficient state storage. Discover how RainBlock achieves 27 times higher transaction throughput compared to Ethereum, processing up to 27,400 transactions per second on a single miner. Gain insights into the challenges of handling concurrent operations and the lifecycle of transactions in RainBlock. Understand the potential impact of this technology on improving the scalability and performance of public blockchain networks.