Name
Abstract | ||
|---|---|---|
The success of Bitcoin and Ethereum has attracted many efforts to build high-throughput blockchain systems. This paper focuses on transaction dissemination --- a rather overlooked issue in these systems. We argue that efficient transaction dissemination is the key for a blockchain system to sustain at high-throughput --- usually thousands of transactions per second --- and the existing solutions fell short at doing so.
This paper presents Shrec, a novel transaction relay protocol for high-throughput blockchain systems built around a hybrid transaction hashing scheme that has a low hash collision rate, is resilient to collision attacks, and is fast to construct. Our experiments demonstrate that when propagating transactions, Shrec utilizes network efficiently: compared to alternative designs, Shrec reduces the bandwidth consumption by 60% at modest CPU overhead and improves the system throughput by up to 90%.
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Year | DOI | Venue |
|---|---|---|
2020 | 10.1145/3419111.3421283 | SoCC '20: ACM Symposium on Cloud Computing
Virtual Event
USA
October, 2020 |
DocType | ISBN | Citations |
Conference | 978-1-4503-8137-6 | 1 |
PageRank | References | Authors |
0.39 | 0 | 6 |