How TreeBlock can build an IoT blockchain network?

TreeBlock
TreeBlock
Sep 7, 2018 · 1 min read

There are billions of IoT devices are operating. Some of them have small data storages, their battery is not long, infrequently connect to Internet, they could be satellites to backup the IoT devices with a frequent connection and maintained with an electric power.

Image Source: https://assets2.bigthink.com/system/idea_thumbnails/65619/size_896/phone-home.jpg?1530468102

To utilize IoT devices as nodes of blockchain, we need to reduce blockchain size (data) stores on per node.

In case of TreeBlock, with “n” Time Sharding Tree(s) and “m” Time Segment Shards per Tree, we can reduce the data size per node with an average calculation:

S : (n * m);

S = Blockchain Size.

If S=100GB, n=100, m=1000;

Then, 100 : (100 * 1000) = 0.001 GB per node.

Ethereum took 4 years to reach 100GB, a tentative calculation is:

100 : 0.001 * 4 = 400,000

In the aforementioned example, TreeBlock can serve us 400,000 years before reaching Ethereum’s blockchain size that stores on per node.

Cheers!

TreeBlock
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