End-to-End Latency Analysis and Optimal Block Size of Proof-of-Work Blockchain Applications. (arXiv:2202.01497v1 [cs.NI])

Due to the increasing interest in blockchain technology for fostering secure,
auditable, decentralized applications, a set of challenges associated with this
technology need to be addressed. In this letter, we focus on the delay
associated with Proof-of-Work (PoW)-based blockchain networks, whereby
participants validate the new information to be appended to a distributed
ledger via consensus to confirm transactions. We propose a novel end-to-end
latency model based on batch-service queuing theory that characterizes timers
and forks for the first time. Furthermore, …

analysis applications blockchain end end-to-end size work