Dynamic Optimization of the Latency Throughput Trade-off in Parallel Chain Distributed Ledgers

In the realm of Distributed Ledgers (DLs), a solution to enhancing maximum peak throughput involves establishing multiple independent blockchains that evolve concurrently. However, an excess of parallel chains in comparison to the application's demands can result in increased latency in content delivery, squandered bandwidth, and heightened computational strain on network nodes.Our innovation, Blockmess, introduces a novel parallel chain DL architecture. This solution dynamically adjusts the number of active parallel chains to align with the application's throughput, effectively reducing latency for end-users and seamlessly accommodating shifting application needs.We have implemented Blockmess in a practical cryptocurrency application, validating its efficacy and deploying it in a large scale distributed environment. Notably, Blockmess builds upon and refines existing state-of-the-art scalability solutions, substantially mitigating latency degradation by intelligently adapting the number of active chains in response to the application's load.