Scaling Blockchains with Error Correction Codes: A Survey on Coded Blockchains
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This paper reviews and highlights how coding schemes have been used to solve various problems in blockchain systems. Specifically, these problems relate to scaling blockchains in terms of their data storage, computation and communication cost, as well as security. To this end, this paper considers the use of coded blocks or shards that allows participants to store only a fraction of the total blockchain, protect against malicious nodes or erasures due to nodes leaving a blockchain system, ensure data availability in order to promote transparency, and scale the security of sharded blockchains. Further, it helps reduce communication cost when disseminating blocks, which is critical to bootstrapping new nodes and helps speed up consensus of blocks. For each category of solutions, we highlight problems and issues that motivated their designs and use of coding. Moreover, we provide a qualitative analysis of their storage, communication and computation cost.
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