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Blockchain Storage Analysis and Optimization of Bitcoin Miner Node

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Communications, Signal Processing, and Systems (CSPS 2018)

Part of the book series: Lecture Notes in Electrical Engineering ((LNEE,volume 517))

Abstract

Aiming at the storage problem of blockchain, a space storage optimization scheme based on the InterPlanetary File System (IPFS) is designed. The scheme mainly achieves the purpose of space optimization by summarizing the blocks regularly, excluding the expired Transaction Output (TXO) that has no effect on verification. The Unspent Transaction Output (UTXO) will be saved as a file on the IPFS network during optimization. In this way, the miner node can quickly get the file and start mining. The ultimate goal is to optimize the storage space for the node and to increase the synchronization efficiency of the newly added miner node. The simulation experiment of the proposed optimization scheme is carried out. The experimental results show that the scheme can summarize the historical transaction data regularly, eliminate the Spent Transaction Output (STXO) which has no effect on the verification transaction, so as to effectively reduce the node storage space.

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Author information

Authors and Affiliations

  1. Information College, Dalian Maritime University, Dalian, 116000, China

    Junying Gao, Bo Li & Zhihuai Li

Authors
  1. Junying Gao
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  2. Bo Li
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  3. Zhihuai Li
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Corresponding author

Correspondence to Zhihuai Li .

Editor information

Editors and Affiliations

  1. Department of Electrical Engineering, University of Texas at Arlington, Arlington, TX, USA

    Qilian Liang

  2. School of Information and Communication Engineering, Dalian University of Technology, Dalian, China

    Xin Liu

  3. School of Information Science and Technology, Dalian Maritime University, Dalian, China

    Zhenyu Na

  4. College of Electronic and Communication Engineering, Tianjin Normal University, Tianjin, China

    Wei Wang

  5. College of Electronic and Communication Engineering, Tianjin Normal University, Tianjin, China

    Jiasong Mu

  6. College of Electronic and Communication Engineering, Tianjin Normal University, Tianjin, China

    Baoju Zhang

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Gao, J., Li, B., Li, Z. (2020). Blockchain Storage Analysis and Optimization of Bitcoin Miner Node. In: Liang, Q., Liu, X., Na, Z., Wang, W., Mu, J., Zhang, B. (eds) Communications, Signal Processing, and Systems. CSPS 2018. Lecture Notes in Electrical Engineering, vol 517. Springer, Singapore. https://doi.org/10.1007/978-981-13-6508-9_112

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  • DOI: https://doi.org/10.1007/978-981-13-6508-9_112

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  • Publisher Name: Springer, Singapore

  • Print ISBN: 978-981-13-6507-2

  • Online ISBN: 978-981-13-6508-9

  • eBook Packages: EngineeringEngineering (R0)

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