Year: 2022
Type: preprint
Abstract: Uncontrolled growth of blockchain state can adversely affect client performance, decentralization and security. Previous attempts to introduce duration-based state storage pricing or 'storage rent' in Ethereum have stalled, partly because of complexity. We present a new approach with finer granularity to "spread" rent payments across peers. Our proposal shifts the burden of state rent from accounts to transaction senders in a quasi-random manner. This proposal offers a simple path for initial adoption on Ethereum Virtual Machine (EVM) compatible chains, and serve as a foundation to address remaining challenges.
Source: arXiv (Cornell University)
Language: English
Subfield: Information Systems
Field: Computer Science
Domain: Physical Sciences
Open Access status: green
OpenAlex ID: W4307415804