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dc.contributor.authorFlood, John
dc.contributor.authorMccullagh, Adrian
dc.date.accessioned2020-06-04T22:59:42Z
dc.date.available2020-06-04T22:59:42Z
dc.date.issued2020
dc.identifier.issn0269-8889
dc.identifier.doi10.1017/S0269888920000016
dc.identifier.urihttp://hdl.handle.net/10072/394391
dc.description.abstractNakamoto proposed a new solution to transact value via the internet. And since 2009, blockchain technology has expanded and diversified. It has, however, proven to be inefficient in the way it achieves its outcomes, especially through the proof of work protocol. Other developers are promoting alternative methods but, as yet, none has superseded proof of work. The competing protocols illuminate a key feature of the blockchain community, namely, its inability to create consensus in a decentralized community. Because of this lack of consensus, the formation of standards is particularly difficult to achieve. At best standards are contested sites, and we examine three such sites where some form of agreement over standards will be essential if blockchain is to evolve successfully. These three sites are blockchain governance, smart contracts, and interoperability of blockchains. We argue that because standards' formation is a contested and contingent process, the blockchain community will persist in creating difficulties and barriers for itself until it is able to resolve internal conflicts.
dc.description.peerreviewedYes
dc.languageEnglish
dc.language.isoeng
dc.publisherCambridge University Press
dc.relation.ispartofjournalThe Knowledge Engineering Review
dc.relation.ispartofvolume35
dc.subject.fieldofresearchArtificial Intelligence and Image Processing
dc.subject.fieldofresearchCognitive Sciences
dc.subject.fieldofresearchcode0801
dc.subject.fieldofresearchcode1702
dc.subject.keywordsScience & Technology
dc.subject.keywordsComputer Science
dc.titleBlockchain's future: can the decentralized blockchain community succeed in creating standards?
dc.typeJournal article
dc.type.descriptionC1 - Articles
dcterms.bibliographicCitationFlood, J; Mccullagh, A, Blockchain's future: can the decentralized blockchain community succeed in creating standards?, The Knowledge Engineering Review, 2020, 35
dc.date.updated2020-06-04T01:40:33Z
dc.description.versionAccepted Manuscript (AM)
gro.rights.copyright© 2020 Cambridge University Press. This is the author-manuscript version of this paper. Reproduced in accordance with the copyright policy of the publisher. Please refer to the journal's website for access to the definitive, published version.
gro.hasfulltextFull Text
gro.griffith.authorFlood, John A.
gro.griffith.authorMcCullagh, Adrian J.


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