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Garay, J., Kiayias, A., & Leonardos, N. 2015, The bitcoin backbone protocol: Analysis and applications. Paper presented at Advances in Cryptology - EUROCRYPT 2015. Added by: endor (2022-04-17 21:02) |
| Resource type: Proceedings Article ID no. (ISBN etc.): 978-3-662-46803-6 BibTeX citation key: Garay2015 View all bibliographic details  |
Categories: Not Monero-focused Creators: Fischlin, Garay, Kiayias, Leonardos, Oswald Collection: Advances in Cryptology - EUROCRYPT 2015 |
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Attachments
The Bitcoin Backbone Protocol - Analysis and Applications.pdf  [28/902]
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| Abstract |
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Bitcoin is the first and most popular decentralized cryptocurrency to date. In this work, we extract and analyze the core of the Bitcoin protocol, which we term the Bitcoin backbone, and prove two of its fundamental properties which we call common prefix and chain quality in the static setting where the number of players remains fixed. Our proofs hinge on appropriate and novel assumptions on the ``hashing power'' of the adversary relative to network synchronicity; we show our results to be tight under high synchronization.
Added by: endor |