Photo by André François McKenzie on Unsplash

Analysing The Bitcoin Network: Did you know that the EU has the largest number of miners and peers?

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Whether you like Bitcoin or not, it should be acknowledged that it is an amazing machine, that had kept going for over a decade, and is completed distributed.

Read a paper

My simple advice to researchers. Continually read papers. Sit down for an hour or two and read a full paper. If you can experiment with the method and try and implement it. And so my favouriate paper this week is [here]:

I love this paper as it gives a basic evaluation of real-life blockchain operations.

Analysing the Bitcoin network

While it focuses on the Bitcoin network, the core measurements could be applied to any public blockchain infrastructure. For this the researchers measured the data rates for various AWS regions for us-west-1 (NA), sa-east-1 (SA), eu-central-1 (EU), ap-southeast-2 (OC), ap-south-1 (AS), me-south-1 (AF), and ap-east-1 (CN):

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Prof Bill Buchanan OBE FRSE
ASecuritySite: When Bob Met Alice

Professor of Cryptography. Serial innovator. Believer in fairness, justice & freedom. Based in Edinburgh. Old World Breaker. New World Creator. Building trust.