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Erschienen in: Designs, Codes and Cryptography 1/2016

01.01.2016

Cryptocash, cryptocurrencies, and cryptocontracts

verfasst von: Neal Koblitz, Alfred J. Menezes

Erschienen in: Designs, Codes and Cryptography | Ausgabe 1/2016

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Abstract

One of the central challenges for mathematical cryptography is to create a payment system that provides the advantages of cash in a digital world. In this expository article we describe two very different solutions to this problem. The first is an elliptic-curve-based version of a construction of Brands, and the second is Bitcoin. We also discuss a generalization of Bitcoin that supports peer-to-peer contracts.
Fußnoten
1
A Bitcoin address is derived from the public key but is not identical to it, since it is convenient to shorten the address by hashing. However, we shall disregard such features of Bitcoin in the interest of simplicity.
 
2
The reward will be halved every 210,000 blocks until the year 2140, when the total number of bitcoins will reach 21 million; after that, the only incentive to miners will be the transaction fees.
 
4
http://​ethereum.​org, A next-generation smart contract and decentralized application platform (2015). http://​github.​com/​ethereum/​wiki/​wiki/​White-Paper (accessed 18 Nov 2015).
 
Literatur
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3.
Zurück zum Zitat Brands S.: Untraceable off-line cash in wallets with observers. In: Advances in Cryptology—Crypto’93. LNCS, vol. 773, pp. 302–318. Springer, Berlin (1994). Brands S.: Untraceable off-line cash in wallets with observers. In: Advances in Cryptology—Crypto’93. LNCS, vol. 773, pp. 302–318. Springer, Berlin (1994).
4.
Zurück zum Zitat Chaum D.: Blind signatures for untraceable payments. In: Advances in Cryptology—Crypto’82, pp. 199–203. Plenum Press, New York (1983). Chaum D.: Blind signatures for untraceable payments. In: Advances in Cryptology—Crypto’82, pp. 199–203. Plenum Press, New York (1983).
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6.
Zurück zum Zitat FIPS 180-3: Secure Hash Standard (SHS), Federal Information Processing Standards Publication 180-3, National Institute of Standards and Technology, Gaithersburg (2008). FIPS 180-3: Secure Hash Standard (SHS), Federal Information Processing Standards Publication 180-3, National Institute of Standards and Technology, Gaithersburg (2008).
7.
Zurück zum Zitat FIPS 186-4: Digital Signature Standard (DSS), Federal Information Processing Standards Publication 186-4. National Institute of Standards and Technology, Gaithersburg (2013). FIPS 186-4: Digital Signature Standard (DSS), Federal Information Processing Standards Publication 186-4. National Institute of Standards and Technology, Gaithersburg (2013).
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Zurück zum Zitat Law L., Sabett S., Solinas J.: How to make a mint: the cryptography of anonymous electronic cash. Am. Univ. Law Rev. 46, 1131–1162 (1996). Law L., Sabett S., Solinas J.: How to make a mint: the cryptography of anonymous electronic cash. Am. Univ. Law Rev. 46, 1131–1162 (1996).
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Zurück zum Zitat Merkle R.C.: Protocols for public key cryptosystems. In: Proc. Symp. Security and Privacy, pp. 122–133. IEEE, Oakland (1980). Merkle R.C.: Protocols for public key cryptosystems. In: Proc. Symp. Security and Privacy, pp. 122–133. IEEE, Oakland (1980).
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Zurück zum Zitat Pagliery J.: Bitcoin and the Future of Money. Triumph Books, Chicago (2014). Pagliery J.: Bitcoin and the Future of Money. Triumph Books, Chicago (2014).
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Metadaten
Titel
Cryptocash, cryptocurrencies, and cryptocontracts
verfasst von
Neal Koblitz
Alfred J. Menezes
Publikationsdatum
01.01.2016
Verlag
Springer US
Erschienen in
Designs, Codes and Cryptography / Ausgabe 1/2016
Print ISSN: 0925-1022
Elektronische ISSN: 1573-7586
DOI
https://doi.org/10.1007/s10623-015-0148-5

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