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January 1, 2018· KTH Publication Database DiVA (KTH Royal Institute of Technology)
dissertation
Open access

The earth trembles before cryptocurrencies; but how does a blokchain-based smart money platform perform?

Authors:A Joshua IsaacShahow Kakavandy

Abstract

The Swedish central bank has in 2018 launched an investigation into what a digital e-currency in Sweden would look like. Tendermint is being investigated for a potential implementation. Tendermint is a blockchain building environment which has its own consensus-algorithm, and its own solution to the Byzantine general's problem. The most relevant part is the scalability and reliability of Tendermint. To do this we tested out the software by sending transactions between our computers, and recorded its performance in the case of one node and two nodes. After a series of simulations, we then come to the conclusion that indeed Tendermint is a suitable software for a potential e-krona.

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