Sidechains: Highlights and Challenges

dc.contributor.authorMusungate, Blessing Ngonidzashe
dc.contributor.authorCandan, Busra
dc.contributor.authorCabuk, Umut Can
dc.contributor.authorDalkilic, Gokhan
dc.date.accessioned2021-05-03T20:41:30Z
dc.date.available2021-05-03T20:41:30Z
dc.date.issued2019
dc.departmentEge Üniversitesien_US
dc.descriptionInnovations in Intelligent Systems and Applications Conference (ASYU) -- OCT 31-NOV 02, 2019 -- Izmir, TURKEYen_US
dc.description.abstractThe revolutionary concept of blockchain and its applications are spectacularly drawing more and more attention in today's world. The crypto-currency platforms have been on the forefront of implementing blockchain technology. However, the capabilities of blockchains are not limited to monetary transactions. Introduction of smart contracts allowed development of various distributed applications. As the need for blockchains continues to grow, there is also a strong demand for larger, more scalable and more flexible "multipurpose" chains. Conventional blockchains (even the ones supporting smart contracts) cannot comprehensively cover these requirements. To address these issues, the concept of sidechains has been introduced. This paper provides a brief overview of sidechains, explains how they work, discusses their benefits and drawbacks; moreover, describes how they can be built using relevant software and tools.en_US
dc.description.sponsorshipYasar Univ, IEEE Turkey Sect, Yildiz Teknik Univ, Idea, Siemensen_US
dc.identifier.endpage240en_US
dc.identifier.isbn978-1-7281-2868-9
dc.identifier.startpage236en_US
dc.identifier.urihttps://hdl.handle.net/11454/70563
dc.identifier.wosWOS:000631252400044en_US
dc.identifier.wosqualityN/Aen_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.language.isoenen_US
dc.publisherIeeeen_US
dc.relation.ispartof2019 Innovations in Intelligent Systems and Applications Conference (Asyu)en_US
dc.relation.publicationcategoryKonferans Öğesi - Uluslararası - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subjectBitcoinen_US
dc.subjectblockchainen_US
dc.subjectsidechainen_US
dc.subjecttwo-way pegen_US
dc.titleSidechains: Highlights and Challengesen_US
dc.typeConference Objecten_US

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