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

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