Neonpool: Reimagining cryptocurrency transaction pools for lightweight clients and IoT devices
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| Izdano u: | arXiv.org (Dec 18, 2024), p. n/a |
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| Glavni autor: | |
| Daljnji autori: | , , |
| Izdano: |
Cornell University Library, arXiv.org
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| Teme: | |
| Online pristup: | Citation/Abstract Full text outside of ProQuest |
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| Sažetak: | 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. |
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| ISSN: | 2331-8422 |
| Izvor: | Engineering Database |