Bitcoin Meets Strong Consistency

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Decker, Christian; Seidel, Jochen; Wattenhofer, Roger;
  • Subject: Computer Science - Distributed, Parallel, and Cluster Computing | Computer Science - Cryptography and Security

The Bitcoin system only provides eventual consistency. For everyday life, the time to confirm a Bitcoin transaction is prohibitively slow. In this paper we propose a new system, built on the Bitcoin blockchain, which enables strong consistency. Our system, PeerCensus, a... View more
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