publication . Part of book or chapter of book . Other literature type . 2014

How to Use Bitcoin to Design Fair Protocols

Bentov, Iddo; Kumaresan, Ranjit;
Open Access
  • Published: 01 Jan 2014
  • Publisher: Springer Berlin Heidelberg
We study a model of fairness in secure computation in which an adversarial party that aborts on receiving output is forced to pay a mutually predefined monetary penalty. We then show how the Bitcoin network can be used to achieve the above notion of fairness in the two-party as well as the multiparty setting (with a dishonest majority). In particular, we propose new ideal functionalities and protocols for fair secure computation and fair lottery in this model.
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Part of book or chapter of book
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Other literature type . 2014
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Part of book or chapter of book . 2014
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