Block size reduction refers to decreasing the maximum data capacity permitted within a blockchain block. This protocol modification directly limits the quantity of transactions or other data that can be included in a single block. The primary intention behind such a change often involves mitigating centralization risks by lowering the hardware and bandwidth requirements for network nodes. However, it can also lead to reduced transaction throughput and potentially higher transaction fees during periods of high network activity.
Context
Debates surrounding block size reduction typically center on the fundamental trade-offs between scalability, decentralization, and network security. While proponents argue for improved network health and resistance to denial-of-service attacks, critics often point to potential adverse effects on transaction costs and user accessibility. This ongoing technical discussion frequently shapes the development roadmap for various blockchain platforms.
This research introduces an RSA-based aggregate signature scheme, fundamentally reducing blockchain storage and network traffic by consolidating multiple signatures into one.
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