The Fast Relay Network, also known as Matt Corallo's Relay Network, is a relatively straightforward relay network setup by Corallo, and has existed for some years. The Fast Relay Network consists of nine nodes, distributed strategically around the globe. Designed as a hub-and-spoke model, miners can connect to the relay node closest to them to send and receive blocks over this network. This is significantly faster than Bitcoin's peer-to-peer network.
John Jegutanis, co-founder of bitcoin and altcoin mobile walletCoinomi, recently proposed the concept of ”Soft Blocks“ to help scale Bitcoin. Soft Blocks, Jegutanis says,...