Bitcoin has become the leading cryptocurrency system, but the limit on its transaction processing capacity has resulted in increased transaction fees and delayed transaction confirmation. As such, it is pertinent to understand and probably predict how transactions are handled by Bitcoin such that a user may adapt the transaction requests and a miner may adjust the block generation strategy and/or the mining pool to join. To this aim, the present paper introduces results from an analysis of transaction handling in Bitcoin. Specifically, the analysis consists of two-part. The first part is an exploratory data analysis revealing key characteristics in Bitcoin transaction handling. The second part is a predictability analysis intended to provide insights on transaction handling such as (i) transaction confirmation time, (ii) block attributes, and (iii) who has created the block. The result shows that some models do reasonably well for (ii), but surprisingly not for (i) or (iii).
翻译：Bitcoin已成为主要的加密货币系统,但其交易处理能力的限制导致交易费增加和交易确认延迟,因此,有必要理解并可能预测Bitcoin处理交易的方式,以便用户可以调整交易请求,采矿者可以调整区块生成战略和(或)采矿池合并。为此,本文件介绍了对Bitcoin交易处理的分析结果。具体地说,分析由两部分组成。第一部分是探索性数据分析,揭示Bitcoin交易处理的主要特点。第二部分是可预测性分析,目的是就交易处理提供洞察力,例如(一)交易确认时间,(二)区块属性,(三)谁创建了区块。结果显示,有些模型对(二)有合理的好处,但令人惊讶的是,对于(一)或(三)没有。
相关内容
微信扫码咨询专知VIP会员