Method and apparatus for achieving a target transaction rate in a blockchain network

    公开(公告)号:US11212075B2

    公开(公告)日:2021-12-28

    申请号:US15937505

    申请日:2018-03-27

    Abstract: Various embodiments relate to a method and apparatus for achieving a target transaction rate, T, in a Blockchain network, the method including the steps of measuring and comparing a current transaction rate to the target transaction rate, T, and adjusting a difficulty-of-work parameter to achieve the target transaction rate, based upon a characterization of the target transaction rate T that is a function of a block size parameter for each of the plurality of blocks, B, a total number of nodes parameter, K, a hashing power per node parameter, h, a success probability parameter, p, an average block transfer delay parameter, δ0, and a block dissemination delay parameter, *S(K).

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