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This book focuses on conducting a comprehensive analysis of
blockchain scalability serving large-scale application scenarios,
from the “what, why, how” three perspectives, layer by layer.
Gathering the latest state-of-the-art research advances in the area
of key issues and technologies for blockchain scalability, it also
presents some special and exciting insights on the existing and
future blockchain scalability. Despite blockchain’s merits of
decentralization, immutability, non-repudiation, and traceability,
the current blockchain has faced a serious scalability bottleneck.
The scalability bottleneck problem is mainly manifested in two
aspects: low-performance efficiency and difficulty in functional
extension. First, the security and reliability of the blockchain
system come from the fact that most nodes of the whole network
participate in a distributed consensus to maintain the ledger. The
high-cost consensus mechanism makes limited performance of
blockchain, and there is a big gap between the actual large-scale
application system. In addition, in order to ensure the security of
a single blockchain system, data between different blockchain
systems are relatively isolated, making it difficult for assets and
data to interact. This book explores the scalability of blockchain
in depth, proposes meaningful approaches to the problems mentioned
above, and builds an original theoretical system of blockchain
scalability. It describes the root of blockchain scalability
problems, mainstream blockchain performance, the classification of
existing scalability problem solutions, and some exciting
sharding-based approaches. It also includes open issues and future
directions to scale blockchain for complex practical application
scenarios. As such, this book will be a valuable resource for
students, researchers, engineers, and policymakers working in
various areas related to blockchain scalability, which is also of
great significance for understanding and solving the bottleneck of
blockchain scalability and realizing the practical large-scale
commercial application of blockchain.
The Metaverse seamlessly integrates the real world with the virtual
world and allows avatars to engage in a broad range of activities
including entertainment, social networking, and trading. In this
book, we dive into the Metaverse by discussing how blockchains
connect various Metaverse components, digital currencies, and
blockchain-empowered applications in the virtual world. On the
other hand, Web3 has also attracted considerable attention due to
its uniquely decentralized characteristics. The digital economy,
currently undergoing a rapid development, is a critical driver to
highly efficient societies. It is imperative that we investigate
how to use Web3 technologies to address the critical concerns
encountered during the development of the digital economy by fully
exploring Web3. In this book, we also share insights into the
Web3-based ecosystem in the Metaverse; topics of interest include
decentralized finance, digital assets, the asset-trading market,
etc. Unlike most works on the subject, this book mainly
concentrates on insights and discussions regarding blockchain, the
Metaverse and Web3. In other words, it focuses on using blockchain
technologies to enable an ecosystem for both the Metaverse and
Web3. Topics addressed include blockchain fundamentals, smart
contracts, value circulation in the Metaverse, the connection
between the Metaverse and Web3, the establishment of the Metaverse
on the basis of blockchain technologies, decentralized autonomous
organization, decentralized storage, digital economy, Web3-based
economic systems for the Metaverse, etc. This book will be a
valuable resource for students, researchers, engineers, and
policymakers working in various areas related to blockchain, the
Metaverse and Web3. We hope that it will also inspire readers from
academia and industry alike, and ultimately help them create a
truly open, fair, and rational ecosystem for the Metaverse and
Web3.
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