A Transaction Transmission Model for Blockchain Channels
Document Type
Conference Proceeding
Publication Date
1-1-2021
Abstract
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.
Identifier
85124297553 (Scopus)
ISBN
[9781665442077]
Publication Title
Conference Proceedings IEEE International Conference on Systems Man and Cybernetics
External Full Text Location
https://doi.org/10.1109/SMC52423.2021.9659104
ISSN
1062922X
First Page
374
Last Page
379
Grant
2020H233
Fund Ref
National Natural Science Foundation of China
Recommended Citation
Zhang, Peiyun; Li, Chenxi; Zhou, Mengchu; and Huang, Wenjun, "A Transaction Transmission Model for Blockchain Channels" (2021). Faculty Publications. 4644.
https://digitalcommons.njit.edu/fac_pubs/4644
