Efficient Block Propagation in Cryptocurrency Networks
Cryptocurrencies like Bitcoin and Ethereum use a decentralized ledger called Blockchain to track transactions. Whenever a new block is added to the Blockchain, the change is spread through the network using a gossip-like protocol. This process is known as block propagation.
To increase scalability, the efficiency of block propagation is crucial. This thesis aims to explore the information theoretic limits of block propagation, derive realistic models based on real data, and investigate innovative and efficient techniques for block propagation.
The thesis will be conducted at the Institute of Communications and Navigation at DLR (German Aerospace Center) in Oberpfaffenhofen.
Required qualifications are
- basic knowledge of information theory
- programming experience in Matlab, C, or python.
- Interest in cryptocurrencies.
Interested applicants may contact Dr. Francisco Lázaro via email at firstname.lastname@example.org.