TY - GEN
T1 - A Transaction Transmission Model for Blockchain Channels
AU - Zhang, Peiyun
AU - Li, Chenxi
AU - Zhou, Mengchu
AU - Huang, Wenjun
N1 - Funding Information:
The work was supported by National Natural Science Foundation of China under grant 61872006, Scientific Research Activities Foundation of Academic and Technical Leaders and Reserve Candidates in Anhui Province under grant 2020H233, Top-notch Discipline (specialty) Talents Foundation in Colleges and Universities of Anhui Province under grant gxbj2020057, and the Startup 1 Foundation for New Talents of NUIST.
Publisher Copyright:
© 2021 IEEE.
PY - 2021
Y1 - 2021
N2 - Transactions in blockchain networks can be transmitted through channels. Existing methods for channel transaction transmission depend on transaction routing information. If a node randomly chooses a channel to transmit a transaction, the transmission may be aborted due to insufficient funds (also called balance) or low transmission rate. To increase transmission success rate and reduce transmission delay across all transactions, this work proposes a transaction transmission model for blockchain channels based on non-cooperative game theory. The model considers the channel balance, states, and nodes' channel preferences. Steady-state transmission rates of selected channels are analyzed. The ideal solution for the model is found.
AB - Transactions in blockchain networks can be transmitted through channels. Existing methods for channel transaction transmission depend on transaction routing information. If a node randomly chooses a channel to transmit a transaction, the transmission may be aborted due to insufficient funds (also called balance) or low transmission rate. To increase transmission success rate and reduce transmission delay across all transactions, this work proposes a transaction transmission model for blockchain channels based on non-cooperative game theory. The model considers the channel balance, states, and nodes' channel preferences. Steady-state transmission rates of selected channels are analyzed. The ideal solution for the model is found.
KW - Blockchain channel
KW - channel state
KW - insufficient channel balance
KW - nodes' channel preferences
KW - non-cooperative game
KW - transaction transmission
UR - http://www.scopus.com/inward/record.url?scp=85124297553&partnerID=8YFLogxK
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U2 - 10.1109/SMC52423.2021.9659104
DO - 10.1109/SMC52423.2021.9659104
M3 - Conference contribution
AN - SCOPUS:85124297553
T3 - Conference Proceedings - IEEE International Conference on Systems, Man and Cybernetics
SP - 374
EP - 379
BT - 2021 IEEE International Conference on Systems, Man, and Cybernetics, SMC 2021
PB - Institute of Electrical and Electronics Engineers Inc.
T2 - 2021 IEEE International Conference on Systems, Man, and Cybernetics, SMC 2021
Y2 - 17 October 2021 through 20 October 2021
ER -