erlay

Erlay is a new relay protocol that seeks to minimize the bandwidth usage required to connect Bitcoin full nodes.

Erlay will bring bandwidth efficiency gains to Bitcoin’s peer-to-peer layer by changing the transaction relay protocol where full nodes share data.

Erlay will bring bandwidth efficiency gains to Bitcoin’s peer-to-peer layer by changing the transaction relay protocol where full nodes share data.

In this episode of “The Van Wirdum Sjorsnado,” the hosts discussed the Erlay protocol, scaling Bitcoin and Minisketch.

Naumenko’s presentation on Erlay at ACM was a rare example of Bitcoin research being discussed at a conference not specifically related to blockchain tech.

BIP 324, proposed by Jonas Schnelli, is designed to protect Bitcoin peers against man-in-the-middle attacks using an action called a “handshake” to share keys more privately.

A forthcoming Bitcoin Improvement Proposal could greatly reduce the bandwidth required to run a full node.