Data Propagation How fast does information move in the network?

Below we present the witnessed propagation behaviour in the network. It is measured by connecting to a large random sample of nodes in the network and watching for inv-messages that indicate that a node has received a block/transaction, has verified its validity and the node will provide it upon request. It is based on the findings by Decker and Wattenhofer (2013) using a modified client to collect the data and take daily snapshots. The plots and metadata are re-evaluated on a daily basis and are archived for later reference and measure the impact of networking changes.

Block propagation

A block at its core is a set of transactions that the block creator believes to be valid. As such blocks may reach considerable size, compared to individual transactions. Currently capped at 1MB in size by convention among the nodes, the size would grow quickly as adoption of Bitcoin picks up. A larger block size would also mean that the broadcast slows down considerably, increasing the probability of finding a block while another block is already being propagated.

Block Percentiles
50th3.894 seconds
75th8.914 seconds
90th24.228 seconds
95th47.193 seconds
99th144.223 seconds

 

Transaction propagation

Slow propagation of transactions may increase the chances of a successful double-spending attack.

Transaction Percentiles
50th2.081 seconds
75th5.611 seconds
90th11.115 seconds
95th16.3 seconds
99th65.004 seconds