Solida: A Blockchain Protocol Based on Reconfigurable Byzantine Consensus

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Abraham, Ittai; Malkhi, Dahlia; Nayak, Kartik; Ren, Ling; Spiegelman, Alexander;
  • Subject: Computer Science - Distributed, Parallel, and Cluster Computing | Computer Science - Computer Science and Game Theory | Computer Science - Cryptography and Security

The decentralized cryptocurrency Bitcoin has experienced great success but also encountered many challenges. One of the challenges has been the long confirmation time. Another challenge is the lack of incentives at certain steps of the protocol, raising concerns for tra... View more
  • References (4)

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    [3] Moshe Babaioff, Shahar Dobzinski, Sigal Oren, and Aviv Zohar. On bitcoin and red balloons. In Proceedings of the 13th ACM conference on electronic commerce, pages 56-73. ACM, 2012.

    [4] Vitalik Buterin. A next generation smart contract and decentralized application platform, 2013.

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