A PoW-less Bitcoin with Certified Byzantine Consensus

التفاصيل البيبلوغرافية
العنوان: A PoW-less Bitcoin with Certified Byzantine Consensus
المؤلفون: Marco Benedetti, Francesco De Sclavis, Marco Favorito, Giuseppe Galano, Sara Giammusso, Antonio Muci, Matteo Nardelli
المساهمون: Benedetti, Marco, De Sclavis, Francesco, Favorito, Marco, Galano, Giuseppe, Giammusso, Sara, Muci, Antonio, Nardelli, Matteo
بيانات النشر: arXiv
سنة النشر: 2022
المجموعة: Sapienza Università di Roma: CINECA IRIS
مصطلحات موضوعية: Computer Science - Distributed, Parallel, and Cluster Computing, bitcoin, distributed consensu, central bank digital currency
الوصف: Distributed Ledger Technologies (DLTs), when managed by a few trusted validators, require most but not all of the machinery available in public DLTs. In this work, we explore one possible way to profit from this state of affairs. We devise a combination of a modified Practical Byzantine Fault Tolerant (PBFT) protocol and a revised Flexible Round-Optimized Schnorr Threshold Signatures (FROST) scheme, and then we inject the resulting proof-of-authority consensus algorithm into Bitcoin (chosen for the reliability, openness, and liveliness it brings in), replacing its PoW machinery. The combined protocol may operate as a modern, safe foundation for digital payment systems and Central Bank Digital Currencies (CBDC).
نوع الوثيقة: other/unknown material
اللغة: Italian
العلاقة: http://hdl.handle.net/11573/1650941Test
DOI: 10.48550/arXiv.2207.06870
الإتاحة: https://doi.org/10.48550/arXiv.2207.06870Test
http://hdl.handle.net/11573/1650941Test
رقم الانضمام: edsbas.C08F6150
قاعدة البيانات: BASE