Block Advertisement Protocol

نویسنده

  • Danil Nemirovsky
چکیده

Bitcoin, a decentralized cryptocurrency, has attracted a lot of attention from academia, financial service industry and enthusiasts. The trade-off between transaction confirmation throughput and centralization of hash power do not allow Bitcoin to perform at the same level as modern payment systems. Block Advertisement Protocol is proposed as a step to resolve this issue. The protocol allows block mining and block relaying to happen in parallel. The protocol dictates a miner to advertise the block it is going to mine allowing other miners to collect all the transactions in advance. When a block in mined, only header is relayed since most of data about the block is already known to all miners.

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عنوان ژورنال:
  • CoRR

دوره abs/1512.08626  شماره 

صفحات  -

تاریخ انتشار 2015