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Keynote: Analysing Data from Blockchains

Published:19 May 2021Publication History
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Abstract

Blockchain is a novel distributed ledger technology. Through its features and smart contract capabilities, a wide range of application areas opened up for blockchain-based innovation [5].

In order to analyse how concrete blockchain systems as well as blockchain applications are used, data must be extracted from these systems. Due to various complexities inherent in blockchain, the question how to interpret such data is non-trivial. Such interpretation should often be shared among parties, e.g., if they collaborate via a blockchain. To this end, we devised an approach codify the interpretation of blockchain data, to extract data from blockchains accordingly, and to output it in suitable formats [1, 2]. This work will be the main topic of the keynote.

In addition, application developers and users of blockchain applications may want to estimate the cost of using or operating a blockchain application. In the keynote, I will also discuss our cost estimation method [3, 4]. This method was designed for the Ethereum blockchain platform, where cost also relates to transaction complexity, and therefore also to system throughput.

References

  1. Klinkmuller, C., Ponomarev, A., Tran, A. B., Weber, I., and van der Aalst, W. Mining blockchain processes: Extracting process mining data from blockchain applications. In Blockchain Forum of the International Conference on Business Process Management (BPM) (Vienna, Austria, Sept. 2019).Google ScholarGoogle Scholar
  2. Klinkmuller, C., Weber, I., Ponomarev, A., Tran, A. B., and van der Aalst, W. Efficient logging for blockchain applications, 2020. arXiv:2001.10281 [cs.SE].Google ScholarGoogle Scholar
  3. Rimba, P., Tran, A. B., Weber, I., Staples, M., Ponomarev, A., and Xu, X. Comparing blockchain and cloud services for business process execution. In ICSA'17: IEEE International Conference on Software Architecture (Gothenburg, Sweden, Apr. 2017).Google ScholarGoogle ScholarCross RefCross Ref
  4. Rimba, P., Tran, A. B., Weber, I., Staples, M., Ponomarev, A., and Xu, X. Quantifying the cost of Symposium on Cryptocurrency Analysis (SOCCA) 2020 Milan,Italy Copyright is held by author/owner(s). distrust: Comparing blockchain and cloud services for business process execution. Information Systems Frontiers 22, 2 (2020), 489--507.Google ScholarGoogle Scholar
  5. Xu, X., Weber, I., and Staples, M. Architecture for Blockchain Applications. Springer, 2019. Google ScholarGoogle ScholarDigital LibraryDigital Library

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  • Published in

    cover image ACM SIGMETRICS Performance Evaluation Review
    ACM SIGMETRICS Performance Evaluation Review  Volume 48, Issue 4
    March 2021
    66 pages
    ISSN:0163-5999
    DOI:10.1145/3466826
    Issue’s Table of Contents

    Copyright © 2021 Copyright is held by the owner/author(s)

    Permission to make digital or hard copies of part or all of this work for personal or classroom use is granted without fee provided that copies are not made or distributed for profit or commercial advantage and that copies bear this notice and the full citation on the first page. Copyrights for third-party components of this work must be honored. For all other uses, contact the Owner/Author.

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    Association for Computing Machinery

    New York, NY, United States

    Publication History

    • Published: 19 May 2021

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