Towards a Design Philosophy for Interoperable Blockchain Systems
Thomas Hardjono, Alexander Lipton, Alex Pentland
TL;DR
This paper proposes a design philosophy for interoperable blockchain systems inspired by Internet architecture principles, addressing key challenges and illustrating its application in the MIT Tradecoin system.
Contribution
It introduces a set of design principles for blockchain interoperability based on Internet architecture, guiding the development of cross-domain transaction systems.
Findings
Identifies key interoperability challenges in blockchain systems.
Proposes a design philosophy inspired by Internet architecture.
Demonstrates application in the MIT Tradecoin system.
Abstract
In this paper we discuss a design philosophy for interoperable blockchain systems, using the design philosophy of the Internet architecture as the basis to identify key design principles. Several interoperability challenges are discussed in the context of cross-domain transactions. We illustrate how these principles are informing the interoperability architecture of the MIT Tradecoin system.
Peer Reviews
No public reviews on file for this paper yet. If you reviewed it on a platform where reviews are public (OpenReview, ICLR, NeurIPS, ICML), you can paste yours below so the community can read it here.
Videos
No videos yet. Explain this paper in a talk, walkthrough, or lecture? Add one.
Taxonomy
TopicsBlockchain Technology Applications and Security · Distributed systems and fault tolerance · Caching and Content Delivery