Distributed Ledgers for Distributed Edge: Are we there yet?

Abstract

Edge computing has received significant attention from both academic and industrial research circles. The paradigm aims to decentralize the existing cloud infrastructure by incorporating resources co-located alongside its client. Researchers have also proposed solutions for a fully decentralized crowdsourced compute paradigm enabled by Distributed Ledger Technologies (DLTs). This paper investigates the rationale behind DLTs over crowdsourced resource marketplaces to support the requirements of latency-critical applications targeted by edge computing. We develop a fully configurable NEtworked Blockchain emULAtor, or NEBULA, to scrutinize the internal performance bottlenecks of DLTs. We evaluate two blockchain categories - proof-based (popularly used in Bitcoin, Ethereum) and hybrid consensus and find that the enabling factor of DLTs -scale - is also its primary latency contributor. We show that, in reality, the latency overheads due to DLT operation far exceed the operational requirements of edge applications.