| dc.contributor.author | Gebraselase, Befekadu Gezaheng | |
| dc.contributor.author | Helvik, Bjarne Emil | |
| dc.contributor.author | Jiang, Yuming | |
| dc.date.accessioned | 2022-02-28T14:10:27Z | |
| dc.date.available | 2022-02-28T14:10:27Z | |
| dc.date.created | 2021-12-03T15:24:00Z | |
| dc.date.issued | 2021 | |
| dc.identifier.isbn | 978-1-6654-0058-9 | |
| dc.identifier.uri | https://hdl.handle.net/11250/2981778 | |
| dc.description.abstract | Bitcoin has become the leading cryptocurrency system, but the limit on its transaction processing capacity has resulted in increased transaction fee and delayed transaction confirmation. As such, it is pertinent to understand and probably predict how transactions are handled by Bitcoin such that a user may adapt the transaction requests and a miner may adjust the block generation strategy and/or the mining pool to join. To this aim, the present paper introduces results from an analysis of transaction handling in Bitcoin.Specifically, the analysis consists of two parts. The first part is an exploratory data analysis revealing key characteristics in Bitcoin transaction handling. The second part is a predictability analysis intended to provide insights on transaction handling such as (i) transaction confirmation time, (ii) block attributes, and (iii) who has created the block. The result shows that some models do reasonably well for (ii), but surprisingly not for (i) or (iii). | en_US |
| dc.language.iso | eng | en_US |
| dc.publisher | Institute of Electrical and Electronics Engineers (IEEE) | en_US |
| dc.relation.ispartof | 2021 IEEE International Conference on Smart Data Services (SMDS 2021) | |
| dc.title | An Analysis of Transaction Handling in Bitcoin | en_US |
| dc.type | Chapter | en_US |
| dc.description.version | acceptedVersion | en_US |
| dc.rights.holder | © IEEE. Personal use of this material is permitted. Permission from IEEE must be obtained for all other uses, in any current or future media, including reprinting/republishing this material for advertising or promotional purposes, creating new collective works, for resale or redistribution to servers or lists, or reuse of any copyrighted component of this work in other works. | en_US |
| dc.source.pagenumber | 162-172 | en_US |
| dc.identifier.doi | 10.1109/SMDS53860.2021.00030 | |
| dc.identifier.cristin | 1964539 | |
| cristin.ispublished | true | |
| cristin.fulltext | postprint | |
| cristin.qualitycode | 1 | |
