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October 28, 2020· arXiv (Cornell University)
preprint
Open access

Improving Bitcoin Transaction Propagation by Leveraging Unreachable\n Nodes

Abstract

The Bitcoin P2P network is at the core of all communications between clients.\nThe reachable part of this network has been explored and analyzed by numerous\nstudies. Unreachable nodes, however, are, in most part, overlooked.\nNonetheless, they are a relevant part of the network and play an essential role\nin the propagation of messages. In this paper, we focus on transaction\npropagation and show that increasing the participation of unreachable nodes can\npotentially improve the robustness and efficiency of the network. In order to\ndo that, we propose a few changes to the network protocol. Additionally, we\ndesign a novel transaction propagation protocol that explicitly involves\nunreachable nodes to provide better protection against deanonymization attacks.\nOur solutions are simple to implement and can effectively bring immediate\nbenefits to the Bitcoin network.\n

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