Fair deposits against double-spending for Bitcoin transactions

• Main Authors: YU, Xingjie, THANG, Shiwen M., LI, Yingjiu, DENG, Robert H.
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2017
• Subjects: Block-chain; Collusion attack; Cryptographic primitives; Distributed storage; Non equivocations; Original design; Finance and Financial Management; Information Security
• Online Access: https://ink.library.smu.edu.sg/sis_research/3897; https://ink.library.smu.edu.sg/context/sis_research/article/4899/viewcontent/Fairdeposit_DSC2017_final.pdf
• Institution: Singapore Management University

In Bitcoin network, the distributed storage of multiple copies of the blockchain opens up possibilities for double spending, i.e., a payer issues two separate transactions to two different payees transferring the same coins. To detect the doublespending and penalize the malicious payer, decentralize...