Erlay: Efficient Transaction Relay for Bitcoin

We propose a new transaction dissemination protocol, Erlay, that not only reduces the bandwidth consumption by 40% assuming current connectivity, but also keeps

Bandwidth-Efficient Transaction Relay for Bitcoin

We propose a new transaction dissemination protocol, Erlay, that not only reduces the bandwidth consumption by 40% assuming current connectivity, but also

Erlay: A new Bitcoin transaction relay protocol

Erlay is a brand new type of transaction dissemination protocol that aims to significantly reduce the bandwidth required to connect Bitcoin nodes.

Erlay : efficient transaction relay in Bitcoin

In this paper we introduce a new transaction dissemination protocol called Erlay. Erlay is a hybrid protocol that combines limited flooding with intermittent

Erlay

Erlay is an upgrade to Bitcoin Core's peer-to-peer networking functionality, which decreases the bandwidth used to relay transactions between nodes.

Erlay: Efficient Transaction Relay for Bitcoin (2019)

TL;DR: A new transaction dissemination protocol, Erlay, is proposed that not only reduces the bandwidth consumption by 40% assuming current connectivity,