| Presentation | 2021-03-04 Bitcoin Scaling Test Network Performance Evaluation Experiment Akihiro Fujihara, |
|---|---|
| PDF Download Page |  PDF download Page Link |
| Abstract(in Japanese) | (See Japanese page) |
| Abstract(in English) | Bitcoin Scaling Test Network (STN) is an experimental network to solve the scalability problem of Bitcoin by using on-chain technology. A large number of transactions are constantly sent over the P2P network, and miners generate huge blocks. In this study, we estimated the occupancy rate of transaction processing and the fork probability of the blockchain by constructing STN nodes. As a result, the estimated occupancy rate was about 1.04 and the estimated fork probability was 8.5%. In addition, we experimentally evaluated the transaction processing performance by transferring many transactions containing the OP_RETURN script once per minute for one week. As a result, the transaction processing probability was 98%, and the latency distribution for transaction processing tends to follow a power distribution in the long period. These results suggest that the priority queueing theory is also effective for STN. |
| Keyword(in Japanese) | (See Japanese page) |
| Keyword(in English) | Bitcoin / Blockchain / Scalability |
| Paper # | IN2020-69 |
| Date of Issue | 2021-02-25 (IN) |
| Conference Information | |
| Committee | IN / NS |
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| Conference Date | 2021/3/4(2days) |
| Place (in Japanese) | (See Japanese page) |
| Place (in English) | Online |
| Topics (in Japanese) | (See Japanese page) |
| Topics (in English) | General |
| Chair | Kenji Ishida(Hiroshima City Univ.) / Akihiro Nakao(Univ. of Tokyo) |
| Vice Chair | Kunio Hato(Internet Multifeed) / Tetsuya Oishi(NTT) |
| Secretary | Kunio Hato(Hiroshima City Univ.) / Tetsuya Oishi(KDDI Research) |
| Assistant | / Shinya Kawano(NTT) |
| Paper Information | |
| Registration To | Technical Committee on Information Networks / Technical Committee on Network Systems |
|---|---|
| Language | JPN |
| Title (in Japanese) | (See Japanese page) |
| Sub Title (in Japanese) | (See Japanese page) |
| Title (in English) | Bitcoin Scaling Test Network Performance Evaluation Experiment |
| Sub Title (in English) | |
| Keyword(1) | Bitcoin |
| Keyword(2) | Blockchain |
| Keyword(3) | Scalability |
| 1st Author's Name | Akihiro Fujihara |
| 1st Author's Affiliation | Chiba Institute of Technology(CIT) |
| Date | 2021-03-04 |
| Paper # | IN2020-69 |
| Volume (vol) | vol.120 |
| Number (no) | IN-414 |
| Page | pp.pp.91-96(IN), |
| #Pages | 6 |
| Date of Issue | 2021-02-25 (IN) |