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The Scalability of Trustless Trust
January 29, 2018 Β· Declared Dead Β· π Financial Cryptography Workshops
"No code URL or promise found in abstract"
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Authors
Dominik Harz, Magnus Boman
arXiv ID
1801.09535
Category
cs.CR: Cryptography & Security
Cross-listed
cs.DC,
cs.MA
Citations
20
Venue
Financial Cryptography Workshops
Last Checked
3 months ago
Abstract
Permission-less blockchains can realise trustless trust, albeit at the cost of limiting the complexity of computation tasks. To explain the implications for scalability, we have implemented a trust model for smart contracts, described as agents in an open multi-agent system. Agent intentions are not necessarily known and autonomous agents have to be able to make decisions under risk. The ramifications of these general conditions for scalability are analysed for Ethereum and then generalised to other current and future platforms.
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