Performance Analysis of Multiple Networks of Blockchain with Varying Transaction

Abstract

ABSTRACT nowadays blockchain is becoming the main trend that provides distributed applications without involving a third party. It also provides security to its users so there are numerous business enterprises that want to adopt blockchain in their IT systems. This paper conducts the performance analysis of multiple networks of blockchain, public and private permissioned and permissionless networks, to evaluate the performance and boundary of these platforms with changing the numbers of transactions. The main objectives of this primer investigation are twofold. Initially, a technique for assessing a blockchain platform is deployed. Second, the results from this study are introduced to educate experts in settling on choices with respect to the selection of blockchain innovation in their IT frameworks. For performing analysis, multiple research works are involved and after this point, we can say that the number of transactions not only affects the performance of blockchain networks but also some other factors are involved in it. This paper introduced these factors; caching, hardware setup, allocation of resources, RAM, and the implementation of a stack.
INDEX TERMS: Blockchain, Blockchain Networks, Frameworks in blockchain, Improvement in blockchain, Performance, Optimization in performance, Throughput, Performance, Number of transactions.