Computer Engineering Commons^™

Block Size Optimization For Pow Consensus Algorithm Based Blockchainapplications By Using Whale Optimization Algorithm, Betül Aygün, Hi̇lal Arslan

Turkish Journal of Electrical Engineering and Computer Sciences

Blockchain-based applications come up with cryptocurrencies, especially Bitcoin, introducing a distributed ledger technologies for peer-to-peer networks and essentially records the transactions in blocks containing hash value of the previous blocks. Block generation constitutes the basis of this technology, and the optimization of such systems is among the most crucial concerns. Determining either the block size or the number of transactions in the block brings out a remarkable problem that has been solved by the miners in recent years. First, higher block size results in higher transaction time, on the other hand, smaller block size has many disadvantages such as security, …