TY - GEN
T1 - Atomically trading with roger
T2 - 12th International Workshop on Data Privacy Management, DPM 2017 held in conjunction with 22nd European Symposium on Research in Computer Security, ESORICS 2017 and 1st International Workshop on Cryptocurrencies and Blockchain Technology, CBT 2017
AU - McCorry, Patrick
AU - Heilman, Ethan
AU - Miller, Andrew
N1 - Publisher Copyright:
© Springer International Publishing AG 2017.
PY - 2017
Y1 - 2017
N2 - We present atomic trade protocols for Bitcoin and Ethereum that can bind two parties to swap coins in the event that two blockchains emerge from a single “pre-fork” blockchain. This work is motivated by a bet between two members of the Bitcoin community, Loaded and Roger Ver, to trade 60,000 bitcoins in the event that Bitcoin Unlimited’s planned hardfork occurs and the blockchain splits into two distinct forks. Additionally we study several ways to provide replay protection in the event of hardfork alongside a novel mechanism called migration inputs. We provide a detailed survey and history of previous softforks and hardforks in Ethereum and Bitcoin.
AB - We present atomic trade protocols for Bitcoin and Ethereum that can bind two parties to swap coins in the event that two blockchains emerge from a single “pre-fork” blockchain. This work is motivated by a bet between two members of the Bitcoin community, Loaded and Roger Ver, to trade 60,000 bitcoins in the event that Bitcoin Unlimited’s planned hardfork occurs and the blockchain splits into two distinct forks. Additionally we study several ways to provide replay protection in the event of hardfork alongside a novel mechanism called migration inputs. We provide a detailed survey and history of previous softforks and hardforks in Ethereum and Bitcoin.
UR - http://www.scopus.com/inward/record.url?scp=85030159518&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=85030159518&partnerID=8YFLogxK
U2 - 10.1007/978-3-319-67816-0_19
DO - 10.1007/978-3-319-67816-0_19
M3 - Conference contribution
AN - SCOPUS:85030159518
SN - 9783319678153
T3 - Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)
SP - 334
EP - 353
BT - Data Privacy Management, Cryptocurrencies and Blockchain Technology - ESORICS 2017 International Workshops, DPM 2017 and CBT 2017, Proceedings
A2 - Garcia-Alfaro, Joaquin
A2 - Herrera-Joancomarti, Jordi
A2 - Navarro-Arribas, Guillermo
A2 - Hartenstein, Hannes
PB - Springer
Y2 - 14 September 2017 through 15 September 2017
ER -