[bitcoin-dev] Idea: Efficient bitcoin block propagation
lf-lists at mattcorallo.com
Wed Aug 5 19:27:22 UTC 2015
See-also: Bitcoinrelaynetwork.org. It's already in use my the majority of large miners, is publicly available to anyone, and the protocol is rather simple and the client could be tweaked easily to keep exactly it's block ready to quickly relay to the nearest server (ie only have to relay the header, the coinbase transaction, and only small other data... Experience shows this is really easy to fit into one packet on the wire). It's not nearly as complicated as your suggestion, but may still marginally favor well-connected miners, but hopefully not much (when you're taking about single packets, it should all be latency, and the servers are well distributed). If you feel so inclined, there are some todos to make it really meet is efficiency limits filled on github.com/TheBlueMatt/RelayNode, feel free to rewrite the protocol if you really want :).
On August 5, 2015 9:07:44 PM GMT+02:00, Arnoud Kouwenhoven - Pukaki Corp via bitcoin-dev <bitcoin-dev at lists.linuxfoundation.org> wrote:
>We’d like to share an idea we have to dramatically increase the bitcoin
>block propagation speed after a new block has been mined for the first
>Efficient bitcoin block propagation
>A proposed solution to provide near-instantaneous block propagation on
>bitcoin network, even with slow network connections or large block
>Increasing mining efficiency for everyone while decreasing transaction
>confirmation times and strengthening the distributed nature of bitcoin.
>Short summary: we propose to introduce bitcoin-backed guarantees
>(“Guarantee Messages”) between miners. This would allow miners to mine
>blocks that are not yet fully transmitted. This reduces the effect of
>internet connections, leveling the playing field between the 1st world
>fiberoptic datacenter miners and the rest of the world. We also believe
>strengthens the bitcoin network by using existing processing power that
>currently wasted into further securing the blockchain, and it reduces
>likelihood of transactions becoming confirmed, then unconfirmed and
>-hopefully- confirmed again (due to different miners finding competing
>blocks with different transactions at approx the same time).
>It is possible to implement our idea as a fork of bitcoind, or as layer
>between the standard bitcoind and the mining equipment. In the future
>could be incorporated in the bitcoin core if and when that becomes a
>priority, but that step would not make sense until it becomes a
>There are a lot of nuances in this idea, and the first reaction is
>probably that this is a crazy idea. We have attempted to address the
>important nuances in our proposal, which is currently at v.0.2.
>We cannot guarantee that there are no ‘hidden devils in the details’
>invite you to be critical in a friendly and constructive manner. We
>our best to answer all questions that arise.
>The ‘official’ proposal is at:
>-- Arnoud Kouwenhoven
>bitcoin-dev mailing list
>bitcoin-dev at lists.linuxfoundation.org
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