D 2018

Inputs Reduction for More Space in Bitcoin Blocks

ZIMA, Michal

Basic 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

000466595100015

EID Scopus

2-s2.0-85058324187

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.
Displayed: 6/5/2026 15:32