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We design and validate new block propagation protocols for the peer-to-peer (P2P) network of the Bitcoin blockchain. Despite its strong protection for security and privacy, the current Bitcoin blockchain can only support a low number of…

Networking and Internet Architecture · Computer Science 2021-01-05 Lihao Zhang , Taotao Wang , Soung Chang Liew

Improving transaction throughput is an important challenge for Bitcoin. However, shortening the block generation interval or increasing the block size to improve throughput makes it sharing blocks within the network slower and increases the…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-06-05 Ryunosuke Nagayama , Kazuyuki Shudo , Ryohei Banno

Blockchain technologies have been rapidly enhanced in recent years. However, its scalability still has limitations in terms of throughput and broadcast delay as the network and the amount of transaction data increase. To improve scalability…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-01-21 Kaushik Ayinala , Baek-Young Choi , Sejun Song

The spectacular success of Bitcoin and Blockchain Technology in recent years has provided enough evidence that a widespread adoption of a common cryptocurrency system is not merely a distant vision, but a scenario that might come true in…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-08-30 Adam Gągol , Damian Leśniak , Damian Straszak , Michał Świętek

Synchronization of transaction pools (mempools) has shown potential for improving the performance and block propagation delay of state-of-the-art blockchains. Indeed, various heuristics have been proposed in the literature to this end, all…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-03-30 Novak Boškov , Şevval Şimşek , Ari Trachtenberg , David Starobinski

Bitcoin is a top-ranked cryptocurrency that has experienced huge growth and survived numerous attacks. The protocols making up Bitcoin must therefore accommodate the growth of the network and ensure security. Security of the Bitcoin network…

Cryptography and Security · Computer Science 2019-06-05 Gleb Naumenko , Gregory Maxwell , Pieter Wuille , Alexandra Fedorova , Ivan Beschastnikh

Bitcoin provides freshness properties by forming a blockchain where each block is associated with its timestamp and the previous block. Due to these properties, the Bitcoin protocol is being used as a decentralized, trusted, and secure…

Cryptography and Security · Computer Science 2018-05-21 Pawel Szalachowski

Blockchain is based on a P2P network, supporting decentralized consensus of current cryptocurrencies. Since bitcoin and altcoins all utilize an underlying blockchain, they are therefore greatly affected by the performance of the P2P…

Networking and Internet Architecture · Computer Science 2018-09-17 Wei Bi , Huawei Yang , Maolin Zheng

Bitcoin is the first and the most extensive decentralized electronic cryptocurrency system that uses blockchain technology. It uses a peer-to-peer (P2P) network to operate without a central authority and propagate system information such as…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-05-03 Befekadu G. Gebraselase , Bjarne E. Helvik , Yuming Jiang

The recent surge in federated data management applications has brought forth concerns about the security of underlying data and the consistency of replicas in the presence of malicious attacks. A prominent solution in this direction is to…

Databases · Computer Science 2022-03-25 Sajjad Rahnama , Suyash Gupta , Rohan Sogani , Dhruv Krishnan , Mohammad Sadoghi

The increasing adoption of cryptocurrencies has significantly amplified the resource requirements for operating full nodes, creating substantial barriers to entry. Unlike miners, who are financially incentivized through block rewards and…

Cryptography and Security · Computer Science 2025-04-24 Hina Binte Haq , Syed Taha Ali , Asad Salman , Patrick McCorry , Siamak F. Shahandashti

Permissioned blockchains are supported by identified but individually untrustworthy nodes, collectively maintaining a replicated ledger whose content is trusted. The Hyperledger Fabric permissioned blockchain system targets high-throughput…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-04-16 Nicolae Berendea , Hugues Mercier , Emanuel Onica , Etienne Rivière

Most of the Blockchain permissioned systems employ Byzantine fault-tolerance (BFT) consensus protocols to ensure that honest validators agree on the order for appending entries to their ledgers. In this paper, we study the performance and…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-10-13 Salem Alqahtani , Murat Demirbas

The Bitcoin P2P network is at the core of all communications between clients. The reachable part of this network has been explored and analyzed by numerous studies. Unreachable nodes, however, are, in most part, overlooked. Nonetheless,…

Networking and Internet Architecture · Computer Science 2020-10-29 Federico Franzoni , Vanesa Daza

Blockchains use peer-to-peer networks for disseminating information among peers, but these networks currently do not have any provable guarantees for desirable properties such as Byzantine fault tolerance, good connectivity and small…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-02-01 Vijeth Aradhya , Seth Gilbert , Aquinas Hobor

While showing great promise, Bitcoin requires users to wait tens of minutes for transactions to commit, and even then, offering only probabilistic guarantees. This paper introduces ByzCoin, a novel Byzantine consensus protocol that…

Cryptography and Security · Computer Science 2016-08-02 Eleftherios Kokoris-Kogias , Philipp Jovanovic , Nicolas Gailly , Ismail Khoffi , Linus Gasser , Bryan Ford

Distributed ledgers are common in the industry. Some of them can use blockchains as their underlying infrastructure. A blockchain requires participants to agree on its contents. This can be achieved via a consensus protocol, and several BFT…

Performance · Computer Science 2024-11-13 J. D. Chan , Y. C. Tay , Brian R. Z. Yen

Many large decentralized systems rely on information propagation to ensure their proper function. We examine a common scenario in which only participants that are aware of the information can compete for some reward, and thus informed…

Computer Science and Game Theory · Computer Science 2016-06-10 Moshe Babaioff , Shahar Dobzinski , Sigal Oren , Aviv Zohar

There is a resurgence of interest in Byzantine fault-tolerant (BFT) systems due to blockchains. However, leader-based BFT consensus protocols used by permissioned blockchains have limited scalability and robustness. To alleviate the leader…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-09-27 Fangyu Gai , Jianyu Niu , Ivan Beschastnikh , Chen Feng , Sheng Wang

Despite their development for over a decade, a key problem blockchains are still facing is scalability in terms of throughput, typically limited to a few transactions per second. A fundamental factor limiting this metric is the propagation…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-07-12 Evangelos Kolyvas , Spyros Voulgaris
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