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DeXTT: Deterministic Cross-Blockchain Token Transfers
May 15, 2019 Β· Declared Dead Β· π IEEE Access
"No code URL or promise found in abstract"
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Authors
Michael Borkowski, Marten Sigwart, Philipp Frauenthaler, Taneli Hukkinen, Stefan Schulte
arXiv ID
1905.06204
Category
cs.DC: Distributed Computing
Cross-listed
cs.CR
Citations
84
Venue
IEEE Access
Last Checked
4 months ago
Abstract
Current blockchain technologies provide very limited interoperability. Restrictions with regards to asset transfers and data exchange between different blockchains reduce usability and comfort for users, and hinder novel developments within the blockchain space. As a first step towards cross-blockchain interoperability, we propose the DeXTT cross-blockchain transfer protocol, which can be used to transfer a token on any number of blockchains simultaneously in a decentralized manner. We provide a reference implementation using Solidity, and evaluate its performance. We show logarithmic scalability of DeXTT with respect to the number of participating nodes, and analyze cost requirements of the transferred tokens.
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