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Subject: Re: [bitcoin-dev] Compressed Bitcoin Transactions
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One point to add here is that, while V1 non-encrypted p2p traffic could =
be compressed on a different OSI layer in theory, v2 encrypted traffic =
=E2=80=93 due to its pseudorandom nature =E2=80=93 will likely have no =
size savings and thus need to be compressed on the application layer =
with a proposal like this.
Would be nice to see size comparison of this compression proposal vs =
LZO/gzip compression of legacy transaction encoding.
A possible advantage of this proposal is that it could save more space =
with less CPU impact, which might be important for block propagation.
Previous discussion about compressing blocks before sending them:
https://github.com/bitcoin/bitcoin/pull/6973
/jonas
> Am 16.01.2024 um 18:08 schrieb Tom Briar via bitcoin-dev =
<bitcoin-dev@lists.linuxfoundation.org>:
>=20
> Hi,
>=20
> In addition to the use cases listed in the schema, such as =
steganography, satellite, and radio broadcast, an application can be =
made for Peer-to-peer communication between Bitcoin nodes. Except when =
compressing the Txid/Vout, which is optional, Transactions can gain up =
to 30% size savings while still being completely reversible. =
Furthermore, in a BIP-324 world, these savings are nontrivial.
>=20
> BIP-324: =
https://github.com/bitcoin/bips/blob/master/bip-0324.mediawiki
> Compressed Transaction Schema: compressed_transactions.md
>=20
> Thanks-
> Tom.
> _______________________________________________
> bitcoin-dev mailing list
> bitcoin-dev@lists.linuxfoundation.org
> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
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