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The DOI matches its Crossref record; 1 of the 1 references it cites were found in a registry or an index.

Information propagation in the Bitcoin network

Decker, Christian, Wattenhofer, Roger·2013·IEEE P2P 2013 Proceedings

Abstract

Bitcoin is a digital currency that unlike traditional currencies does not rely on a centralized authority. Instead Bitcoin relies on a network of volunteers that collectively implement a replicated ledger and verify transactions. In this paper we analyze how Bitcoin uses a multi-hop broadcast to propagate transactions and blocks through the network to update the ledger replicas. We then use the gathered information to verify the conjecture that the propagation delay in the network is the primary cause for blockchain forks. Blockchain forks should be avoided as they are symptomatic for inconsistencies among the replicas in the network. We then show what can be achieved by pushing the current protocol to its limit with unilateral changes to the client's behavior.

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Metadata

Authors
Decker, C., & Wattenhofer, R.
Venue
IEEE P2P 2013 Proceedings
Publisher
IEEE
Published
2013-09
Pages
1-10
OpenAlex
W2057248704
Cited by
1,192
References
1
FWCI
26.37
Type
conference paper
Language
en
Open access
closed

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CoChat. (2026). Citation check: Information propagation in the Bitcoin network. https://app.cochat.ai/papers/10.1109/p2p.2013.6688704
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Decker, C., & Wattenhofer, R. (2013). Information propagation in the Bitcoin network. IEEE P2P 2013 Proceedings. https://doi.org/10.1109/p2p.2013.6688704

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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.