Residential College | false |
Status | 已發表Published |
An efficient dynamic transaction storage mechanism for sustainable high-throughput Bitcoin | |
Zhao,Xiongfei1; Zhang,Gerui2; Si,Yain Whar1 | |
2023-09-01 | |
Source Publication | Journal of Supercomputing |
ISSN | 0920-8542 |
Volume | 79Issue:13Pages:14388-14426 |
Abstract | As coin-based rewards dwindle, transaction fees play an important role as mining incentives in Bitcoin. In this paper, we propose a novel mechanism called efficient dynamic transaction storage (EDTS) for dynamically allocating transactions among blocks to achieve efficient storage utilization. By leveraging a combination of Cuckoo Filter and dynamic transaction storage (DTS) strategies, EDTS is able to improve the scalability while remaining sustainable even after Bitcoin enters a transaction-fee regime. In addition to preventing deviant mining behaviors under the transaction-fee regime, EDTS can also provide differentiated transmission priorities based on transaction fees while allowing the investors to engage in pledging more transaction fees. In EDTS, we applied the multi-objective optimization algorithm U-NSGA-III to find the best DTS strategy and its corresponding attributes. Experimental results show that the EDTS mechanism together with the optimized DTS strategies can achieve a throughput of 325.3 TPS. EDTS offers scalability improvements comparable to the best Graphene solution and outperforms most of the latest scaling solutions by at least 11.6% while maintaining sustainability under the transaction-fee regime. |
Keyword | Block Propagation Blockchain Dynamic Transaction Storage Scalability Sustainability Transaction Fee |
DOI | 10.1007/s11227-023-05237-9 |
URL | View the original |
Indexed By | SCIE |
Language | 英語English |
WOS Research Area | Computer Science ; Engineering |
WOS Subject | Computer Science, Hardware & Architecture ; Computer Science, Theory & Methods ; Engineering, Electrical & Electronic |
WOS ID | WOS:000964994700001 |
Scopus ID | 2-s2.0-85151924188 |
Fulltext Access | |
Citation statistics | |
Document Type | Journal article |
Collection | INSTITUTE OF COLLABORATIVE INNOVATION DEPARTMENT OF COMPUTER AND INFORMATION SCIENCE |
Corresponding Author | Si,Yain Whar |
Affiliation | 1.Department of Computer and Information Science,University of Macau,Macao 2.Center for Data Science,University of Macau,Macao |
First Author Affilication | University of Macau |
Corresponding Author Affilication | University of Macau |
Recommended Citation GB/T 7714 | Zhao,Xiongfei,Zhang,Gerui,Si,Yain Whar. An efficient dynamic transaction storage mechanism for sustainable high-throughput Bitcoin[J]. Journal of Supercomputing, 2023, 79(13), 14388-14426. |
APA | Zhao,Xiongfei., Zhang,Gerui., & Si,Yain Whar (2023). An efficient dynamic transaction storage mechanism for sustainable high-throughput Bitcoin. Journal of Supercomputing, 79(13), 14388-14426. |
MLA | Zhao,Xiongfei,et al."An efficient dynamic transaction storage mechanism for sustainable high-throughput Bitcoin".Journal of Supercomputing 79.13(2023):14388-14426. |
Files in This Item: | There are no files associated with this item. |
Items in the repository are protected by copyright, with all rights reserved, unless otherwise indicated.
Edit Comment