Dagora: Um Mercado Virtual Baseado em Side-Chains
Abstract
The price increase resulting from the growing popularity of the blockchain technology, created numerous issues for decentralized applications. An increasing popular solution is running side-chains next to a popular blockchain, offering vast cost advantages. While the security impacts of these solutions are well understood, the complexity of moving an application to a side-chain and the cost advantages have received little attention in the literature. In this paper we analyze both the complexity as well as the cost advantages using a decentralized market application called Dagora Market as an example. We show that it is relatively simple to move an application to a side-chain resulting in a cost advantage of up to 6 orders of magnitude compared to running it on the mainchain.
References
(2021). Ethereum 2 market cap. https://coinmarketcap.com/pt-br/currencies/ethereum/. Acesso em 2021-03.
(2021a). Ethereum doc. https://ethereum.org/en/developers/docs. Acesso em 2021-03.
(2021b). Ethereum gas price chart. https://etherscan.io/chart/gasprice. Acesso em 2021-03.
(2021). kchannels. https://www.kchannels.io/. Acesso em 2021-04.
(2021). Loopring. https://loopring.org/. Acesso em 2021-04.
(2021). Matic gas station. [link]. Acesso em 2021-03.
(2021). Moonpay. https://www.moonpay.com/. Acesso em 2021-04.
(2021). Non-fungible tokens. https://ethereum.org/en/nft/. Acesso em 2021-03.
(2021). Opensea. https://opensea.io/. Acesso em 2021-03.
(2021). Optimism. https://optimism.io/. Acesso em 2021-04.
(2021). Origin protocol. https://www.originprotocol.com/. Acesso em 2021-03.
(2021). Solidity programming language. https://soliditylang.org/. Acesso em 2021-03.
(2021). State channels. [link]. Acesso em 2021-03.
(2021). Trufe suite. https://www.trufesuite.com/docs. Acesso em 2021-03.
(2021). Wyre. https://www.sendwyre.com/. Acesso em 2021-04.
Adams, H., Zinsmeister, N., Salem, M., Keefer, R., and Robinson, D. (2021). Uniswap v3 core. https://uniswap.org/whitepaper-v3.pdf. Acesso em 2021-03.
Bach, L. M., Mihaljevic, B., and Zagar, M. (2018). Comparative analysis of blockchain consensus algorithms. In 2018 MIPRO.
Bowe, S., Gabizon, A., and Green, M. D. (2018). A multi-party protocol for constructing the public parameters of the pinocchio zk-snark. In International Conference on Financial Cryptography and Data Security, pages 64–77. Springer.
Buterin, V. (2013). Ethereum whitepaper. https://ethereum.org/en/whitepaper/.
Fenu, G., Marchesi, L., Marchesi, M., and Tonelli, R. (2018). The ico phenomenon and its relationships with ethereum smart contract environment. In 2018 International Workshop on Blockchain Oriented Software Engineering (IWBOSE), pages 26–32.
Foxley,W. (2021). Ethereum’s top dapps are increasingly turning to ‘rollups’: Here’s why. https://www.coindesk.com/ethereum-dapps-rollups-heres-why. Acesso em 2021-04.
Kanani, J., Nailwal, S., and Arjun, A. (2019). Matic whitepaper. https://github.com/maticnetwork/whitepaper. Acesso em 2021-03.
Klems, M., Eberhardt, J., Tai, S., Härtlein, S., Buchholz, S., Tidjani, A., Vallecillo, A., Wang, J., and Oriol, M. (2017). Trustless intermediation in blockchain-based decentralized service marketplaces. In Service-Oriented Computing.
Lesaege, C., George, W., and Ast, F. (2020). Kleros. [link].
Liu, Z., Luong, N. C., Wang, W., Niyato, D., Wang, P., Liang, Y., and Kim, D. I. (2019). A survey on applications of game theory in blockchain. CoRR, abs/1902.10865. Nakamoto, S. (2008). Bitcoin: A peer-to-peer electronic cash system. http://www.bitcoin.org/bitcoin.pdf.
Neiheiser, R., Inácio, G., Rech, L., and Fraga, J. (2020). Hrm smart contracts on the blockchain: emulated vs native. Cluster Computing.
Neiheiser, R., Inácio, G., Rech, L., and Fraga, J. (2019). Hrm smart contracts on the blockchain. In 2019 IEEE Symposium on Computers and Communications (ISCC).
Ranganthan, V. P., Dantu, R., Paul, A., Mears, P., and Morozov, K. (2018). A decentralized marketplace application on the ethereum blockchain. In 2018 IEEE 4th International Conference on Collaboration and Internet Computing (CIC), pages 90–97.
Rozen, J. (2021). The ridiculously high cost of gas on ethereum. [link]. Acesso em 2021-04.
Singh, A., Click, K., Parizi, R. M., Zhang, Q., Dehghantanha, A., and Choo, K.-K. R. (2020). Sidechain technologies in blockchain networks: An examination and state-ofthe- art review. Journal of Network and Computer Applications, 149:102471.
Szabo, N. (1997). Formalizing and securing relationships on public networks. First Monday Journal.
