The Ethereum Scratch Off Puzzle
Ethereum represents new innovation in the fields of cryptocurrency which has become relatively stagnate, promising many things, including an entire programming language and development enviroment built into the network. However the current trend is to write implementations and proof of concepts befo...
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Main Authors | , , |
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Format | Journal Article |
Language | English |
Published |
14.12.2016
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Subjects | |
Online Access | Get full text |
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Summary: | Ethereum represents new innovation in the fields of cryptocurrency which has
become relatively stagnate, promising many things, including an entire
programming language and development enviroment built into the network. However
the current trend is to write implementations and proof of concepts before
doing the rigor involved with proving security. Miller's recent thesis is an
attempt to remedy this, and we apply his provable security techniques to the
algorithm description of CASPER, the new "proof-of-stake" consensus protocol
scheme to be implemented in ethereum. We conclude by stating it satisfies
almost all the definitions, except one, leaving room for improvement. |
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DOI: | 10.48550/arxiv.1612.04518 |