Concept

Double-spending

Related publications (15)

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Bitcoin, as well as many of its successors, require the whole transaction record to be reliably acquired by all nodes to prevent double-spending. Recently, many blockchains have been proposed to achieve scale-out throughput by letting nodes only acquire a ...

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Designing a secure permissionless distributed ledger (blockchain) that performs on par with centralized payment processors, such as Visa, is a challenging task. Most existing distributed ledgers are unable to scale-out, i.e., to grow their total processing ...

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Permissionless blockchain-based cryptocurrencies commonly use proof-of-work (PoW) or proof-of-stake (PoS) to ensure their security, e.g. to prevent double spending attacks. However, both approaches have disadvantages: PoW leads to massive amounts of wasted ...

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Low-latency Blockchain Consensus

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Blockchains are increasingly attractive due to their decentralization, yet inherent limitations of high latency, in the order of minutes, and attacks on consensus cap their practicality. We introduce Blinkchain, a Byzantine consensus protocol that relies o ...

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