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Bitcoin Erlay Protocol Reduces Node Bandwidth, Does Not Address Scaling Completely
A new relay protocol for Bitcoin could significantly reduce node bandwidth, but does not yet represent a complete scaling solution. The Erlay bitcoin transaction relay protocol:* Reduces bandwidth used to announce new transactions by ~84%* Increases global transaction relay time by ~80% (2.6 seconds)* Has little impact on network privacy* Is compatible with Dandelion relayhttps://t.co/TBlYlFTjpC …