Hi all,

I have a couple of ideas regarding transaction relay protocol and wanted to share it with and probably get some feedback.

I did some emulation and simulation and found out that around 90% of INV messages sent by public-IP nodes are idle (duplicate), obviously because each node creates 8 connections.  I also realized that sending INV messages is a significant part of the overall bandwidth consumed by a public-IP node. At a larger scale, this will result in people not able to run a public-IP node.

My idea is in some sense similar to BIP37 but applied to public-IP nodes. Here I want to emphasize that all the nodes will still receive *all* of the transactions. A new protocol should also keep the same zero-trust, robustness, decentralization guarantees and latency.

Idea: while joining the network, a new node agrees on some filter with each of 8 nodes it connects to. So that NewNode <-> Node_A will be used to relay only a subset of transactions, NewNode <-> Node_B for another subset. This will significantly decrease the redundancy.

To keep the guarantees, I would keep some redundancy (for example, each transaction INV is sent over 2 links).

To make it robust to attacks, I have 2 extensions in my mind: 

1. Set reconciliation (for a subset of transactions) with *other* nodes. Getting a bloom filter of a subset of the mempool transactions from Node_B may help to figure out whether Node_A is malicious, very slow, etc.

2. Rotating the filters every N minutes (N < 10)

I can see some issues with latency here, but I believe this problem has a solution.

Feedback is appreciated!

If you want to look at a draft of the proposal — please let me know.

If there were any similar ideas — please let me know.

Best,

Gleb