Analysis of Compact Block Propagation Delay in Bitcoin Network
2021 22nd Asia-Pacific Network Operations and Management Symposium (APNOMS)(2021)
Abstract
Bitcoin is a blockchain-based network where thousands of nodes are directly connected and communicate through a gossip-based flooding protocol. Mined blocks are propagated to all participating nodes in the network through compact block relay (CBR) protocol. Therefore, reducing the block relay time between nodes can reduce the block propagation time to all nodes and ultimately improve the performan...
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Key words
Bitcoin,Compact Block Relay,Block Propagation,Transaction Propagation,Delay Time
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