With help from the Bitcoin Optech newsletter we cover details and implications of the newly proposed Erlay protocol for spreading transactions quickly and efficiently across the network. An 84% reduction in bandwidth for getting transactions to every node, is certainly nothing to scoff at. With effects on network efficiency and privacy, let’s talk Erlay, Dandelion, & BitcoinOps!
Don’t forget to check out and follow the completely free BitcoinOptech Newsletter to stay up on all the new developments in Bitcoin and lightning:
A link to the official Erlay research paper with tons more data and analysis for a deep dive into this P2P improvement:
This episode is sponsored by
· Anchor Voice Messages: The easiest way to make a podcast. anch.co/vms
Support this podcast: https://anchor.fm/thecryptoconomy/support