SCALABILITY ANALYSIS OF BLOCKCHAIN NETWORKS WITH GRADINGSHARD PROTOCOL: A PERFORMANCE EVALUATION

Abstract

In this work, we explore the Gradingshard Protocol and present an innova tive approach aimed at overcoming the throughput limitations of blockchain technology. With blockchain’s rapid growth, the transaction throughput is of a critical concern for widespread adoption. The Gradingshard Protocol introduces a sharding mechanism that partitions the network into smaller subsets called shards, distributing the transaction load across independent sub-networks. This thesis provides a comprehensive overview of existing scalability challenges and traditional solutions, paving the way for Grading shard’s introduction. The protocol’s architecture, consensus mechanism, and security aspects are thoroughly analyzed. Simulation experiments demon strate the potential to significantly increase transaction processing capacity, making it an attractive solution for real-world applications. We show that Gradingshard is a promising avenue for enhancing blockchain transactions throughput and scalability