@inproceedings{d7f7c82954824711a8b5918400fd5573,
title = "Prism Removes Consensus Bottleneck for Smart Contracts",
abstract = "The performance of existing permissionless smart contract platforms such as Ethereum is limited by the consensus layer. Prism is a new proof-of-work consensus protocol that provably achieves throughput and latency up to physical limits while retaining the strong guarantees of the longest chain protocol. This paper reports experimental results from implementations of two smart contract virtual machines, EVM and MoveVM, on top of Prism and demonstrates that the consensus bottleneck has been removed. Code can be found at https://github.com/wgr523/prism-smart-contracts.",
keywords = "consensus, scalability, smart contract",
author = "Gerui Wang and Shuo Wang and Vivek Bagaria and David Tse and Pramod Viswanath",
note = "Funding Information: We thank Lei Yang for his core role in the development of the Prism codebase, which we have integrated with EVM and MoveVM in this paper. We thank Sam Blackshear and Andrew Miller for helpful discussions. This research is supported in part by NSF under grants CCF-1705007, NeTS-1718270 and Army Research Office under grant W911NF-17-S-0002. Publisher Copyright: {\textcopyright} 2020 IEEE.; 2020 Crypto Valley Conference on Blockchain Technology, CVCBT 2020 ; Conference date: 15-06-2020",
year = "2020",
month = jun,
doi = "10.1109/CVCBT50464.2020.00011",
language = "English (US)",
series = "Proceedings - 2020 Crypto Valley Conference on Blockchain Technology, CVCBT 2020",
publisher = "Institute of Electrical and Electronics Engineers Inc.",
pages = "68--77",
booktitle = "Proceedings - 2020 Crypto Valley Conference on Blockchain Technology, CVCBT 2020",
address = "United States",
}