Immutable and Democratic Data in permissionless Peer-to-Peer Systems

Abstract

Conventional data storage methods like SQL and NoSQL offer a huge amount of possibilities with one major disadvantage, having to use a centralized authority. This authority may be in the form of a centralized or decentralized master server or a permissioned peer-to-peer setting. This paper looks at different technologies on how to persist data without using a central authority, mainly looking at permissionless peer-to-peer networks, primarily Distributed Ledger Technologies (DLTs) and a combination of DLTs with conventional databases. Afterwards it is shown how a system like this might be implemented in two prototypes which are then evaluated against conventional databases.