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Optimal Transaction Queue Waiting in Blockchain Mining
arXiv - CS - Performance Pub Date : 2020-11-21 , DOI: arxiv-2011.10886
Gholamreza Ramezan, Cyril Leung, Chunyan Miao

Blockchain systems are being used in a wide range of application domains. They can support trusted transactions in time critical applications. In this paper, we study how miners should pick up transactions from a transaction pool so as to minimize the average waiting time per transaction. We derive an expression for the average transaction waiting time of the proposed mining scheme and determine the optimum decision rule. Numerical results show that the average waiting time per transaction can be reduced by about 10% compared to the traditional no-wait scheme in which miners immediately start the next mining round using all transactions waiting in the pool.

中文翻译:

区块链挖掘中的最佳交易队列等待

区块链系统正在广泛的应用领域中使用。它们可以在时间紧迫的应用程序中支持可信事务。在本文中,我们研究了矿工应如何从交易池中提取交易,以最大程度地减少每笔交易的平均等待时间。我们推导了所提出的采矿方案的平均交易等待时间的表达式,并确定了最佳决策规则。数值结果表明,与传统的无等待方案相比,传统的无等待方案可使矿工立即使用池中所有等待的事务开始下一轮采矿,因此每笔事务的平均等待时间可减少约10%。
更新日期:2020-11-25
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