A Proposed Technique for Enhancing the Mining Process in Blockchain Architecture
international conference computing methodologies and communication(2020)
Abstract
Blockchain is a new technology that support peer-to-peer communication without the intervention of any third party. Blockchain is usually a chain of blocks shared among all the participating nodes. Each block contains a set of transactions that represent the communication between any participating nodes. Mining is the mechanism employed in blockchain to secure the data. This paper investigates the current blockchain mining mechanism, its limitations and proposes clustering miners and transaction allocation technique (CMTA) to solve these limitations.
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Key words
Blockchain,bitcoin,miners,hash power,clustering miners
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