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| Format: | Preprint |
| Veröffentlicht: |
2025
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| Schlagworte: | |
| Online-Zugang: | https://arxiv.org/abs/2506.14197 |
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| _version_ | 1866911009064615936 |
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| author | Wright, Dr Craig S |
| author_facet | Wright, Dr Craig S |
| contents | This paper formally examines the network structure of Bitcoin CORE (BTC) and Bitcoin Satoshi Vision (BSV) using complex graph theory to demonstrate that home-hosted full nodes are incapable of participating in or influencing the propagation topology. Leveraging established models such as scale-free networks and small-world connectivity, we demonstrate that the propagation graph is dominated by a densely interconnected miner clique, while full nodes reside on the periphery, excluded from all transaction-to-block inclusion paths. Using simulation-backed metrics and eigenvalue centrality analysis, we confirm that full nodes are neither critical nor operationally relevant for consensus propagation. |
| format | Preprint |
| id |
arxiv_https___arxiv_org_abs_2506_14197 |
| institution | arXiv |
| publishDate | 2025 |
| record_format | arxiv |
| spellingShingle | The Redundancy of Full Nodes in Bitcoin: A Network-Theoretic Demonstration of Miner-Centric Propagation Topologies Wright, Dr Craig S Distributed, Parallel, and Cluster Computing Cryptography and Security Social and Information Networks Combinatorics 05C82, 68M10 C.2.1; C.2.0; G.2.2 This paper formally examines the network structure of Bitcoin CORE (BTC) and Bitcoin Satoshi Vision (BSV) using complex graph theory to demonstrate that home-hosted full nodes are incapable of participating in or influencing the propagation topology. Leveraging established models such as scale-free networks and small-world connectivity, we demonstrate that the propagation graph is dominated by a densely interconnected miner clique, while full nodes reside on the periphery, excluded from all transaction-to-block inclusion paths. Using simulation-backed metrics and eigenvalue centrality analysis, we confirm that full nodes are neither critical nor operationally relevant for consensus propagation. |
| title | The Redundancy of Full Nodes in Bitcoin: A Network-Theoretic Demonstration of Miner-Centric Propagation Topologies |
| topic | Distributed, Parallel, and Cluster Computing Cryptography and Security Social and Information Networks Combinatorics 05C82, 68M10 C.2.1; C.2.0; G.2.2 |
| url | https://arxiv.org/abs/2506.14197 |