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Performance Evaluation of Data Transactions in Blockchain

Antonio Welligton Abreu, Emanuel Ferreira Coutinho, Carla Bezerra

2021IEEE Latin America Transactions32 citationsDOI

Abstract

Blockchain is an emerging technology, with a decentralized infrastructure avoiding third party dependency. Smartcontracts are one of the features of Ethereum blockchain, capable of running distributed applications in unreliableenvironments, enabling process automation and being one of the most sought technologies due to the highcustomization added to transactions. However, little is known about predicting the cost and execution time behavior of blockchain-based system transactions. This work aims to evaluate the performance of an Ethereum network through an application designed to analyze the cost and time of transactions that store characters in the blockchain. To meet the proposed objective, we designed an application for performing transactions with data inclusion and query on a blockchain, collecting time and cost data. As main conclusions of this work we have: the Ethereum platform proved to be inconstant in relation to the processing time of transactions on the blockchain and the application developed based on blockchain can provide a mechanism to evaluate text-type operations on Ethereum network.

Topics & Concepts

BlockchainComputer scienceDependency (UML)Process (computing)AutomationRelation (database)DatabaseDistributed computingComputer securityOperating systemSoftware engineeringEngineeringMechanical engineeringBlockchain Technology Applications and SecurityCloud Computing and Resource ManagementIoT and Edge/Fog Computing
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