A Pruneable Approach for Bazo

Fontana, Stefano (2018) A Pruneable Approach for Bazo. Masters thesis, HSR Hochschule für Technik Rapperswil.

[thumbnail of Fontana Publikation.pdf]
Fontana Publikation.pdf - Supplemental Material

Download (220kB) | Preview


Bazo (Esperanto for „base" or „foundation") is a cryptocurrency created by the University
of Zürich for an external _nancial entity that facilitates the use of a customer bonus points program. Every purchase made by a customer allows him to collect points that can be spent with registered partners. The objective of the Bazo blockchain is to replace the need of having a bespoke contract for each of these partners by replacing the
procedure with a decentralized system. The system also allows customers to perform direct payments to partners and other customers without the need of supervised and
ine_cient administrative procedures. Bazo was created with simplicity and scalability in mind since the beginning, however it faces the same limitations of many existing
blockchains, namely scalability, speed and e_ciency. Scalability and speed are being tackled by other students.
Storage space is also a limitation commonly faced by blockchains since there is a need to fetch and store all blocks and transaction ever created in order to validate new blocks.
The goal of the thesis is to propose a solution for the storage problem by creating a snapshot of the system in a way that older blocks are no longer needed and can be safely

Item Type: Thesis (Masters)
Subjects: Area of Application > Banking & Finance
Technologies > Cryptography
Divisions: Master of Advanced Studies in Software Engineering
Depositing User: Stud. I
Thesis advisor
Bocek, Thomas
Date Deposited: 16 Oct 2018 11:36
Last Modified: 17 Oct 2018 08:33
URI: https://eprints.ost.ch/id/eprint/715

Actions (login required)

View Item
View Item