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SnapshotPrune: A Novel Bitcoin-Based Protocol Toward Efficient Pruning and Fast Node Bootstrapping

delete2024-08-01
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OA
AI
P
Pengfei Huang
X
Xiaojun Ren *
T
Teng Huang
A
Arthur Sandor Voundi Koe
D
Duncan S. Wong
H
Hai Jiang
DOI:10.26599/TST.2023.9010014delete
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Abstract

Abstract

En 中文
Node synchronization is essential for the stability of the Bitcoin network. Critics have raised doubts about the ability of a new node to quickly and efficiently synchronize with the Bitcoin network and alleviate the storage pressure from existing full nodes to stockpile new data. Basic pruning and other techniques have been explored to address these concerns but have been insufficient to reduce node synchronization delay and effectively suppress the growth of synchronized data. In this study, we propose SnapshotPrune, a novel pruning and synchronization protocol that achieves fast node bootstrapping in the Bitcoin blockchain. Real Bitcoin historical data are leveraged to measure the synchronization time and monitor the network traffic during node bootstrapping. The protocol requires data downloads that are 99.70% less than Bitcoin Core, 81% less than CoinPrune, and 60% less than SnapshotSave, thereby saving 97.23% of download time. Findings show that the proposed design enhances the storage efficiency and reduces the node synchronization delay compared with existing techniques. We hypothesize that the efficiency of this protocol increases with the block height.
Keywords:
blockchain
Unspent Transaction Output (UTXO) pruning
snapshot
fast bootstrapping
synchronization

Journal

T
Tsinghua Science and Technology
IF:
3.5
Papers:
987
Citations:
2.5K

Organization

G
Guangzhou University
Scholars:
1.7W
Papers: 1.3W
Citations: 1.8W