English

Block Advertisement Protocol

Cryptography and Security 2015-12-31 v1

Abstract

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.

Keywords

Cite

@article{arxiv.1512.08626,
  title  = {Block Advertisement Protocol},
  author = {Danil Nemirovsky},
  journal= {arXiv preprint arXiv:1512.08626},
  year   = {2015}
}
R2 v1 2026-06-22T12:19:22.748Z