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Neonpool: Reimagining cryptocurrency transaction pools for lightweight clients and IoT devices

Sparad:
I publikationen:arXiv.org (Dec 18, 2024), p. n/a
Huvudupphov: Haq, Hina Binte
Övriga upphov: Tahir, Ahmad, Buriro, Attaullah, Ullah, Subhan
Utgiven:
Cornell University Library, arXiv.org
Ämnen:
Transaction processing
Weight reduction
Clients
Digital currencies
System on chip
Lightweight
Länkar:Citation/Abstract
Full text outside of ProQuest
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022 |a 2331-8422 
035 |a 3148949822 
045 0 |b d20241218 
100 1 |a Haq, Hina Binte 
245 1 |a Neonpool: Reimagining cryptocurrency transaction pools for lightweight clients and IoT devices 
260 |b Cornell University Library, arXiv.org  |c Dec 18, 2024 
513 |a Working Paper 
520 3 |a The transaction pool plays a critical role in processing and disseminating transactions in cryptocurrency networks. However, increasing transaction loads strain the resources of full node deployments. We present \textit{Neonpool}, an innovative transaction pool optimization using bloom filter variants, which reduces the memory footprint of the transaction pool to a fraction. Implemented in C++ and benchmarked using a unique Bitcoin and Ethereum dataset, our solution verifies and forwards transactions with over 99.99\% accuracy and does not necessitate a hard fork. \textit{Neonpool} is ideally suited for lightweight cryptocurrency clients and for resource-constrained devices such as browsers, systems-on-a-chip, mobile or IoT devices. 
653 |a Transaction processing 
653 |a Weight reduction 
653 |a Clients 
653 |a Digital currencies 
653 |a System on chip 
653 |a Lightweight 
700 1 |a Tahir, Ahmad 
700 1 |a Buriro, Attaullah 
700 1 |a Ullah, Subhan 
773 0 |t arXiv.org  |g (Dec 18, 2024), p. n/a 
786 0 |d ProQuest  |t Engineering Database 
856 4 1 |3 Citation/Abstract  |u https://www.proquest.com/docview/3148949822/abstract/embedded/6A8EOT78XXH2IG52?source=fedsrch 
856 4 0 |3 Full text outside of ProQuest  |u http://arxiv.org/abs/2412.16217