arXivDaily arXiv每日学术速递 周一至周五更新
arXiv 1908.04756cs.CRecon.TH

A scalable verification solution for blockchains

Jason Teutsch, Christian Reitwießner

英文摘要:

Bitcoin and Ethereum, whose miners arguably collectively comprise the most powerful computational resource in the history of mankind, offer no more power for processing and verifying transactions than a typical smart phone. The system described herein bypasses this bottleneck and brings scalable computation to Ethereum. Our new system consists of a financial incentive layer atop a dispute resolution layer where the latter takes form of a versatile "verification game." In addition to secure outsourced computation, immediate applications include decentralized mining pools whose operator is an Ethereum smart contract, a cryptocurrency with scalable transaction throughput, and a trustless means for transferring currency between disjoint cryptocurrency systems.

机构、总结、中文摘要均由AI分析而来,可能存在错误,请以论文正文为准。

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