Bitcoin : Something is not clear for me regarding BIP152!

Bitcoin : Something is not clear for me regarding BIP152!

I researched a bit about BIP 152 and looked into Bitcoin code, and I have few unanswered questions:

* It seems from the code that there is a limit on the number of transmitted transaction every trickle (INVENTORY_BROADCAST_MAX = 7 * INVENTORY_BROADCAST_INTERVAL). Meaning someone limited a node to gossip about seven transactions/sec on average. This creates a possibility of unfairness: if many high fee transactions are originated from the same node, some of them will be approved slowly (against everyone’s interest).

* The limit mentioned before creates a situation where transactions propagated slowly, meaning that there is a high chance a node won’t have a recent transaction in its mempool (even if it’s a very high fee transaction).

* I would guess that sometimes miners would like to include privately held transactions in a block, or transactions that were sent directly to them and not yet propagated in the system.

* Given all those points and the statistics Greg Maxwell had published about his node not having all the transactions in a compact block in rare cases. I can assume that either his node is extremely well connected or miners (who have high interest in a quick spreading of a block) include only transactions they believe most of the nodes hold. The latter being, for my opinion, a negative effect of BIP152.

View the link


Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority.
FindCrypto scans the web for the latest Bitcoin news, so you can find all the latest and breaking news in one convenient location.Author: mmirkin

Score: 19

Don’t forget to share the post if you love it !

CryptoCurrency : Exit Scam? Crypto Exchange Delists High-Profile Tokens (Liqui)

Blockchain : Blockchain in Supply Chain: An Inevitability? – Coinmonks – Medium