Reducing the Bandwidth of Block Propagation in Bitcoin Network With Erasure Coding
Abstract
With the popularity of Bitcoin, there is a greater demand for the scalability of the Bitcoin blockchain, which is susceptible to the efficiency of block propagation. In the Bitcoin blockchain, efficient block propagation approach can reduce the computing power and the risk of forks. Meanwhile, larger blocks help to improve the throughput of transactions. Thus, the block propagation is a major issue of the scalability of the Bitcoin network. This...
Paper Details
Title
Reducing the Bandwidth of Block Propagation in Bitcoin Network With Erasure Coding
Published Date
Jan 1, 2019
Journal
Volume
7
Pages
175606 - 175613
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