Blockchain scalability for smart contract systems using eUTXO model
This work tackles scalability issues for blockchain systems using smart contracts, but it appears incremental as it builds on existing UTXO models without presenting new results.
The research identified a gap in blockchain scaling solutions and proposed an extended UTXO model to address challenges in implementing layer one and two scaling, aiming to balance the blockchain trilemma properties.
This research critically analyses blockchain scaling solutions based on their ability to realistically balance the properties of the blockchain trilemma. We have concluded this research by outlining a gap in the current body of literature and implementation of scalability solutions. An extended UTXO transaction model is proposed to overcome challenges associated with implementing both layer one and layer two scaling solutions in a blockchain system. The examination of industry approaches is used to justify this direction and puts forth a basis for future work.