High-Bandwidth Node Selection in Compact Block Relay

Blockchain has a scalability issue of low throughput. Improving throughput is in a trade-off relationship with an increase in the fork rate, which is an indicator of security. It is known that reducing the block propagation time is effective in solving this trade-off. In fact, a protocol called Compact Block Relay has been proposed and implemented for Bitcoin to reduce the block propagation time. In this study, we propose a method to select high bandwidth node in Compact Block Relay in order to reduce block propagation time. The result of the simulation shows that our proposed method improves the average block propagation time by 7.3% compared to what is implemented in Bitcoin Core. Furthermore, the proposed method is more resistant to attacks such as Eclipse Attack and TendrilStaller compared to existing Bitcoin Core implementations.

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Publication Details

Published
2024-08-19
DOI
https://doi.org/10.1109/ithings-greencom-cpscom-smartdata-cybermatics62450.2024.00088
Primary Topic
Antenna Design and Analysis
Type
article
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article

High-Bandwidth Node Selection in Compact Block Relay

Tsuyoshi Hasegawa, Saki Masuda, Kazuyuki Shudo, Taishi Nakai et al.
Antenna Design and Analysis
article

High-Bandwidth Node Selection in Compact Block Relay

Tsuyoshi Hasegawa, Saki Masuda, Kazuyuki Shudo, Taishi Nakai, Akira Sakurai
article en

Abstract

Blockchain has a scalability issue of low throughput. Improving throughput is in a trade-off relationship with an increase in the fork rate, which is an indicator of security. It is known that reducing the block propagation time is effective in solving this trade-off. In fact, a protocol called Compact Block Relay has been proposed and implemented for Bitcoin to reduce the block propagation time. In this study, we propose a method to select high bandwidth node in Compact Block Relay in order to reduce block propagation time. The result of the simulation shows that our proposed method improves the average block propagation time by 7.3% compared to what is implemented in Bitcoin Core. Furthermore, the proposed method is more resistant to attacks such as Eclipse Attack and TendrilStaller compared to existing Bitcoin Core implementations.

Kyoto University (JP)
Affordable and clean energy
Openalex Percentile: Top 70%
Antenna Design and Analysis
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High-Bandwidth Node Selection in Compact Block Relay — Tsuyoshi Hasegawa, Saki Masuda, et al. · (2024) | TGRS Research Map | TGRS