Přehled o publikaci
2018
Inputs Reduction for More Space in Bitcoin Blocks
ZIMA, MichalBasic information
Original name
Inputs Reduction for More Space in Bitcoin Blocks
Authors
ZIMA, Michal
Edition
to appear. Neuveden, 2018 Crypto Valley Conference on Blockchain Technology (CVCBT), p. 112-115, 4 pp. 2018
Publisher
IEEE
Other information
Language
English
Type of outcome
Proceedings paper
Confidentiality degree
is not subject to a state or trade secret
Publication form
electronic version available online
Marked to be transferred to RIV
Yes
RIV identification code
RIV/00216224:14330/18:00103542
Organization
Fakulta informatiky – Repository – Repository
ISBN
978-1-5386-7204-4
UT WoS
EID Scopus
Keywords in English
bitcoin; cryptocurrency; blockchain; scalability; transaction-level scaling
Links
MUNI/A/0854/2017, interní kód Repo.
Changed: 6/9/2020 04:41, RNDr. Daniel Jakubík
Abstract
In the original language
Bitcoin blockchain is growing big, yet its transaction capacity hit its limits in 2017. One solution heavily discussed within the bitcoin community is to let it grow faster by increasing size of the blocks. However, making transactions smaller instead of blocks bigger is more sustainable and also brings other additional benefits. In this paper, we focus on space wasted by non-cryptographic use of hashes and uncompressed numbers within transaction inputs. In our analyses, we show that transactions can be made approximately 16% smaller, depending on their complexity.
