Paper 1: Solutions to the Endless Addition of Transaction Volume in Blockchain
Abstract: In blockchain system, the problem of endless addition of transaction volume results in larger space occupation, heavier network transmission burden and the like. But the way of abandoning historical data is hindered by the characteristic of blockchain-tamper-proof. To solve this problem, this dissertation takes bitcoin system as an example, and gives a definition of expired transaction. By abandoning expired transactions and packing the rest transactions in several blocks into a new substitute block to replace old blocks, help to overcome the difficulty in clearing historical data. However, this solution fails to clear ineffective intermediate transactions. Thus, a follow-up solution is proposed, abandon the transactions whose outputs have been run out and retain the transactions where not all the outputs have been spent. Additionally, include records of the spending details of each transaction output, which allows us to clear ineffective intermediate transactions. In the end, an experiment is conducted to confirm the effectiveness of the two solutions as to clearing transactions.
Keywords: Blockchain; endless addition; expired transactions; substitute; storage problem; consensus algorithm