Ethereum: A Secure Decentralised Generalised Transaction Ledger

Wood, Gavin (2013) Ethereum: A Secure Decentralised Generalised Transaction Ledger. Etherum.

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Abstract

The blockchain paradigm when coupled with cryptographically-secured transactions has demonstrated its utility through a number of projects, not least Bitcoin. Each such project can be seen as a simple application on a decentralised, but singleton, compute resource. We can call this paradigm a transactional singleton machine with shared-state. Ethereum implements this paradigm in a generalised manner. Furthermore it provides a plurality of such resources, each with a distinct state and operating code but able to interact through a message-passing framework with others. We discuss its design, implementation issues, the opportunities it provides and the future hurdles we envisage.

Item Type: Other
Subjects: Main Topics > Blockchain
Projects > BloSSom 2019
Main Topics > Crypto Currency
Main Topics > Distributed Systems
Main Topics > Ethereum
Main Topics > Smart Contracts
Depositing User: Unnamed user with email richard.dabels@uni-rostock.de
Date Deposited: 03 Sep 2019 16:34
Last Modified: 11 Sep 2019 11:43
URI: http://blossom.informatik.uni-rostock.de/id/eprint/28

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