Txilm: Lossy Block Compression with Salted Short Hashing

Donghui  Ding; Xin Jiang; Jiaping Wang; Hao Wang; Xiaobing Zhang; Yi Sun

Paper 2019/649

Txilm: Lossy Block Compression with Salted Short Hashing

Donghui Ding, Xin Jiang, Jiaping Wang, Hao Wang, Xiaobing Zhang, and Yi Sun

Abstract

Current blockchains are restricted by the low throughput. Aimed at this problem, we propose Txilm, a protocol that compresses the size of transaction presentation in each block and thus saves the bandwidth of the blockchain network. In this protocol, a block carries short hashes of TXIDs instead of complete transactions. Combined with the transaction list sorted by TXIDs, Txilm realizes 80 times of data size reduction compared with the original blockchains. We also evaluate the probability of hash collisions, and provide methods of resolving such collisions. Finally, we design strategies to protect against possible attacks on Txilm.

Metadata

Available format(s): PDF
Category: Applications
Publication info: Preprint. MINOR revision.
Keywords: Blockchain Bitcoin Hash Algorithm Transaction Size
Contact author(s): dingdonghui @ ict ac cn
History: 2019-06-12: revised; 2019-06-04: received; See all versions
Short URL: https://ia.cr/2019/649
License: CC BY

BibTeX

@misc{cryptoeprint:2019/649,
      author = {Donghui  Ding and Xin Jiang and Jiaping Wang and Hao Wang and Xiaobing Zhang and Yi Sun},
      title = {Txilm: Lossy Block Compression with Salted Short Hashing},
      howpublished = {Cryptology {ePrint} Archive, Paper 2019/649},
      year = {2019},
      url = {https://eprint.iacr.org/2019/649}
}