What's so Different about Blockchain?-Blockchain is a Probabilistic State Machine

Kenji Saito, Hiroyuki Yamada

研究成果: Conference contribution

34 被引用数 (Scopus)

抄録

Blockchain is a distributed timestamp server technology introduced for realization of Bitcoin, a digital cash system. It has been attracting much attention especially in the areas of financial and legal applications. But such applications would fail if they are designed without knowledge of the fundamental differences in blockchain from existing technology. We show that blockchain is a probabilistic state machine in which participants can never commit on decisions, we also show that this probabilistic nature is necessarily deduced from the condition where the number of participants remains unknown. This work provides useful abstractions to think about blockchain, and raises discussion for promoting the better use of the technology.

本文言語English
ホスト出版物のタイトルProceedings - 2016 IEEE 36th International Conference on Distributed Computing Systems Workshops, ICDCSW 2016
出版社Institute of Electrical and Electronics Engineers Inc.
ページ168-175
ページ数8
ISBN(電子版)9781509014828
DOI
出版ステータスPublished - 2016 11月 23
外部発表はい
イベント36th IEEE International Conference on Distributed Computing Systems Workshops, ICDCSW 2016 - Nara, Japan
継続期間: 2016 6月 272016 6月 30

出版物シリーズ

名前Proceedings - 2016 IEEE 36th International Conference on Distributed Computing Systems Workshops, ICDCSW 2016

Conference

Conference36th IEEE International Conference on Distributed Computing Systems Workshops, ICDCSW 2016
国/地域Japan
CityNara
Period16/6/2716/6/30

ASJC Scopus subject areas

  • ハードウェアとアーキテクチャ
  • コンピュータ ネットワークおよび通信

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