Coincer: Decentralised Trustless Platform for Exchanging Decentralised Cryptocurrencies

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14330%2F17%3A00097859" target="_blank" >RIV/00216224:14330/17:00097859 - isvavai.cz</a>

Výsledek na webu

<a href="http://dx.doi.org/10.1007/978-3-319-64701-2_53" target="_blank" >http://dx.doi.org/10.1007/978-3-319-64701-2_53</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1007/978-3-319-64701-2_53" target="_blank" >10.1007/978-3-319-64701-2_53</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Coincer: Decentralised Trustless Platform for Exchanging Decentralised Cryptocurrencies

Popis výsledku v původním jazyce

We address the problem of a trustless decentralised exchange of cryptocurrencies. Centralised exchanges are neither trustworthy nor secure. As of 2017, there has been more than 25 million US dollars' worth of cryptocurrencies stolen from (or by) centralised exchanges. With Coincer we allow any two users to exchange their diverse cryptocurrencies directly between them, yet with no need to trust each other. Former approaches either do not do without a server or rely on a trusted issuer of exchangeable tokens. Our approach is to fully eliminate any elements susceptible to becoming a single point of failure. Coincer therefore leverages an efficient anonymous P2P overlay and an atomic protocol for exchanging money across different cryptocurrencies. It is implemented as free software and has been successfully tested with Bitcoin and Litecoin.

Název v anglickém jazyce

Coincer: Decentralised Trustless Platform for Exchanging Decentralised Cryptocurrencies

Popis výsledku anglicky

We address the problem of a trustless decentralised exchange of cryptocurrencies. Centralised exchanges are neither trustworthy nor secure. As of 2017, there has been more than 25 million US dollars' worth of cryptocurrencies stolen from (or by) centralised exchanges. With Coincer we allow any two users to exchange their diverse cryptocurrencies directly between them, yet with no need to trust each other. Former approaches either do not do without a server or rely on a trusted issuer of exchangeable tokens. Our approach is to fully eliminate any elements susceptible to becoming a single point of failure. Coincer therefore leverages an efficient anonymous P2P overlay and an atomic protocol for exchanging money across different cryptocurrencies. It is implemented as free software and has been successfully tested with Bitcoin and Litecoin.

Druh

D - Stať ve sborníku

CEP obor

—

OECD FORD obor

10201 - Computer sciences, information science, bioinformathics (hardware development to be 2.2, social aspect to be 5.8)

Projekt

—

Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2017

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

Network and System Security: 11th International Conference, NSS 2017, Helsinki, Finland, August 21--23, 2017, Proceedings

ISBN

9783319647005

ISSN

0302-9743

e-ISSN

—

Počet stran výsledku

11

Strana od-do

672-682

Název nakladatele

Springer International Publishing

Místo vydání

Cham

Místo konání akce

Helsinki, Finland

Datum konání akce

21. 8. 2017

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

000444073000053