Re: [Bitcoin-development] Removing transaction data from blocks

2015-05-08 Thread Pieter Wuille
So, there are several ideas about how to reduce the size of blocks being sent on the network: * Matt Corallo's relay network, which internally works by remembering the last 5000 (i believe?) transactions sent by the peer, and allowing the peer to backreference those rather than retransmit them insi

[Bitcoin-development] Removing transaction data from blocks

2015-05-08 Thread Arne Brutschy
Hello, At DevCore London, Gavin mentioned the idea that we could get rid of sending full blocks. Instead, newly minted blocks would only be distributed as block headers plus all hashes of the transactions included in the block. The assumption would be that nodes have already the majority of th