Please use this identifier to cite or link to this item:
https://doi.org/10.21256/zhaw-21449| Publication type: | Working paper – expertise – study |
| Title: | The tree of blockchain |
| Authors: | Spychiger, Florian Tasca, Paolo Tessone, Claudio |
| et. al: | No |
| DOI: | 10.2139/ssrn.3707260 10.21256/zhaw-21449 |
| Extent: | 21 |
| Issue Date: | Oct-2020 |
| Publisher / Ed. Institution: | SSRN |
| Publisher / Ed. Institution: | Rochester |
| Language: | English |
| Subjects: | Blockchain; Blockchain analytics; Distributed ledger technology; Evolution; Information theory; Innovation; Taxonomy |
| Subject (DDC): | 005: Computer programming, programs and data |
| Abstract: | This study covers the evolutionary development of blockchain technologies over the last 11 years (2009 – 2019) and sheds lights on potential areas of innovation in heretofore unexplored subcomponents. For this purpose, we collected and analysed detailed data on 107 different blockchain technologies and studied their component-wise technological evolution. The diversity of their designs was captured by deconstructing the blockchains using the Tasca-Tessone taxonomy (2019) to build what we call the "tree of blockchain" composed of blockchain main and sub-components. With the support of information theory and phylogenetics, we found that most design explorations have been conducted within the components in the areas of consensus mechanisms and cryptographic primitives. We also show that some sub-components like Consensus Immutability and Failure Tolerance, Access and Control layer and Access Supply Management have predictive power over other sub-components. We finally found that few dominant design models - the genetic driving clusters of Bitcoin, Ethereum and XRP - influenced the evolutionary paths of most of the succeeding blockchains. |
| URI: | https://digitalcollection.zhaw.ch/handle/11475/21449 |
| License (according to publishing contract): | Licence according to publishing contract |
| Departement: | School of Management and Law |
| Organisational Unit: | Institute for Organizational Viability (IOV) |
| Appears in collections: | Publikationen School of Management and Law |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| 2020_Spychiger-etal_The-Tree-of-Blockchain.pdf | 8.31 MB | Adobe PDF |  View/Open |
Show full item record
Spychiger, F., Tasca, P., & Tessone, C. (2020). The tree of blockchain. SSRN. https://doi.org/10.2139/ssrn.3707260
Spychiger, F., Tasca, P. and Tessone, C. (2020) The tree of blockchain. Rochester: SSRN. Available at: https://doi.org/10.2139/ssrn.3707260.
F. Spychiger, P. Tasca, and C. Tessone, “The tree of blockchain,” SSRN, Rochester, Oct. 2020. doi: 10.2139/ssrn.3707260.
SPYCHIGER, Florian, Paolo TASCA und Claudio TESSONE, 2020. The tree of blockchain. Rochester: SSRN
Spychiger, Florian, Paolo Tasca, and Claudio Tessone. 2020. “The Tree of Blockchain.” Rochester: SSRN. https://doi.org/10.2139/ssrn.3707260.
Spychiger, Florian, et al. The Tree of Blockchain. SSRN, Oct. 2020, https://doi.org/10.2139/ssrn.3707260.
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.