GuysTake_017 - Erlay, Dandelion, & BitcoinOps
With help from the Bitcoin Optech newsletter we cover details and implications of the newly proposed Erlay protocol for spreading transactions quickly and efficiently across the network. An 84% reduction in bandwidth for getting transactions to every node, is certainly nothing to scoff at. With effects on network efficiency and privacy, let's talk Erlay, Dandelion, & BitcoinOps! Don't forget to check out and follow the completely free BitcoinOptech Newsletter to stay up on all the new developments in Bitcoin and lightning: https://bitcoinops.org/en/newsletters/2019/06/05/ A link to the official Erlay research paper with tons more data and analysis for a deep dive into this P2P improvement: https://arxiv.org/pdf/1905.10518.pdf --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message