Analysis of strategies for scalable transaction creation in blockchains

Abstract

The growing popularity of blockchains highlights the need to improve their scalability. While previous research has focused on scaling transaction processing, the scalability of transaction creation remains unexplored. This issue is particularly important for organizations needing to send large volumes of transactions quickly or continuously. Scaling transaction creation is challenging, especially for blockchain platforms like Ethereum, which require transactions to include a sequence number. This paper proposes four different methods to scale transaction creation. Our experimental evaluation assesses the scalability and latency of these methods, identifying two as feasible for scaling transaction creation. Additionally, we provide an in-depth theoretical analysis of these two methods.