Advancements in scalability of blockchain infrastructure through IPFS and dual blockchain methodology

Blockchain technology has gained widespread popularity due to its robust security features, making it an attractive solution for various applications such as cryptocurrency, healthcare, supply chain management, and asset administration. However, limited research has been conducted on the limitations and security issues associated with blockchain technology. In this research article, we focus on the key limitations of blockchain technology, namely, throughput and storage optimization. In this work, we address these issues by designing a faster and less storage-dependent blockchain system while maintaining the security and essential features of blockchain technology. By combining the dual blockchain concept with the Interplanetary File System (IPFS), a higher number of transactions can be accommodated within a single block. This leads to amplified throughput and diminished storage requirements. IPFS is harnessed to circumvent storage limitations and enhance overall transaction throughput. Our proposed system is implemented in real-time, resulting in significantly increased throughput and reduced storage requirements. Our findings demonstrate that this system is suitable for use in both cryptocurrencies and real-life applications.