Authors
Adem Efe Gencer, Robbert van Renesse, Emin Gün Sirer
Publication date
2017
Conference
Financial Cryptography and Data Security: 21st International Conference, FC 2017, Sliema, Malta, April 3-7, 2017, Revised Selected Papers 21
Pages
393-401
Publisher
Springer International Publishing
Description
The rise of blockchain-based cryptocurrencies has led to an explosion of services using distributed ledgers as their underlying infrastructure. However, due to inherently single-service oriented blockchain protocols, such services can bloat the existing ledgers, fail to provide sufficient security, or completely forego the property of trustless auditability. Security concerns, trust restrictions, and scalability limits regarding the resource requirements of users hamper the sustainable development of loosely-coupled services on blockchains.
This paper introduces Aspen, a sharded blockchain protocol designed to securely scale with increasing number of services. Aspen shares the same trust model as Bitcoin in a peer-to-peer network that is prone to extreme churn containing Byzantine participants. It enables introduction of new services without compromising the security, leveraging the trust assumptions, or …
Total citations
20172018201920202021202220232024115161051042
Scholar articles
AE Gencer, R van Renesse, EG Sirer - Financial Cryptography and Data Security: 21st …, 2017