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Related papers: Atomic cross-chain exchanges of shared assets

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In his 2018 paper, Herlihy introduced an atomic protocol for multi-party asset swaps across different blockchains. His model represents an asset swap by a directed graph whose nodes are the participating parties and edges represent asset…

Data Structures and Algorithms · Computer Science 2024-03-18 Emily Clark , Chloe Georgiou , Katelyn Poon , Marek Chrobak

To achieve interoperability between unconnected ledgers, hash time lock contracts (HTLCs) are commonly used for cross-chain asset exchange. The solution tolerates transaction failure, and can "make the best out of worst'' by allowing…

Computer Science and Game Theory · Computer Science 2021-12-14 Jiahua Xu , Damien Ackerer , Alevtina Dubovitskaya

Despite the popularity of Hashed Time-Locked Contracts (HTLCs) because of their use in wide areas of applications such as payment channels, atomic swaps, etc, their use in exchange is still questionable. This is because of its incentive…

Cryptography and Security · Computer Science 2025-10-24 Nitin Awathare

The various applications using Distributed Ledger Technologies (DLT) or blockchains, have led to the introduction of a new `marketplace' where multiple types of digital assets may be exchanged. As each blockchain is designed to support…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-12-21 Antonio Fernandez Anta , Chryssis Georgiou , Nicolas Nicolaou

Hashed Timelock (HTLC)-based atomic swap protocols enable the exchange of coins between two or more parties without relying on a trusted entity. This protocol is like the American call option without premium. It allows the finalization of a…

Cryptography and Security · Computer Science 2022-11-30 Subhra Mazumdar

An effective atomic cross-chain swap protocol is introduced by Herlihy [Herlihy, 2018] as a distributed coordination protocol in order to exchange assets across multiple blockchains among multiple parties. An atomic cross-chain swap…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-12-03 Soichiro Imoto , Yuichi Sudo , Hirotsugu Kakugawa , Toshimitsu Masuzawa

An atomic cross-chain swap is a distributed coordination task where multiple parties exchange assets across multiple blockchains, for example, trading bitcoin for ether. An atomic swap protocol guarantees (1) if all parties conform to the…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-05-21 Maurice Herlihy

Smart Contracts and transactions allow users to implement elaborate constructions on cryptocurrency blockchains like Bitcoin and Ethereum. Many of these constructions, including operational payment channels and atomic swaps, use a building…

Cryptography and Security · Computer Science 2021-03-26 Itay Tsabary , Matan Yechieli , Alex Manuskin , Ittay Eyal

The set of distributed ledger architectures known as blockchain is best known for cryptocurrency applications such as Bitcoin and Ethereum. These permissionless block chains are showing the potential to be disruptive to the financial…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-01-31 Sara Rouhani , Luke Butterworth , Adam D. Simmons , Darryl G. Humphery , Ralph Deters

Distributed Ledger Technology (DLT) has an enormous potential but also downsides. One downside of many DLT systems, such as blockchain, is their limited transaction throughput that hinders their adoption in many use cases (e.g., real-time…

Cryptography and Security · Computer Science 2024-10-28 J. Kalbantner , K. Markantonakis , D. Hurley-Smith , C. Shepherd , B. Semal

Atomic Crosschain Transaction technology allows composable programming across private Ethereum blockchains. It allows for inter-contract and inter-blockchain function calls that are both synchronous and atomic: if one part fails, the whole…

Cryptography and Security · Computer Science 2020-04-03 Peter Robinson , Raghavendra Ramesh , John Brainard , Sandra Johnson

The recent adoption of blockchain technologies and open permissionless networks suggest the importance of peer-to-peer atomic cross-chain transaction protocols. Users should be able to atomically exchange tokens and assets without depending…

Databases · Computer Science 2021-03-30 Victor Zakhary , Divyakant Agrawal , Amr El Abbadi

Modern distributed data management systems face a new challenge: how can autonomous, mutually-distrusting parties cooperate safely and effectively? Addressing this challenge brings up questions familiar from classical distributed systems:…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-10-16 Maurice Herlihy , Barbara Liskov , Liuba Shrira

In the Internet of Things (IoT) domain, devices need a platform to transact seamlessly without a trusted intermediary. Although Distributed Ledger Technologies (DLTs) could provide such a platform, blockchains, such as Bitcoin, were not…

Networking and Internet Architecture · Computer Science 2021-07-15 Andrew Cullen , Pietro Ferraro , William Sanders , Luigi Vigneri , Robert Shorten

The heterogeneity of the blockchain landscape has motivated the design of blockchain protocols tailored to specific blockchains and applications that, hence, require custom security proofs. We observe that many blockchain protocols share…

Cryptography and Security · Computer Science 2025-01-30 Stephan Dübler , Federico Badaloni , Pedro Moreno-Sanchez , Clara Schneidewind

Distributed Ledger Technology (DLT) is a shared, synchronized and replicated data spread spatially and temporally with no centralized administration and/or storage. Each node has a complete and identical set of records. All participants…

Quantum Physics · Physics 2019-09-26 Nils Paz , Steven Silverman , John Harmon

The increased use of Internet of Things (IoT) devices -- from basic sensors to robust embedded computers -- has boosted the demand for information processing and storing solutions closer to these devices. Edge computing has been established…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-11-15 Daniel Montero Hernández , Jorge Peña Queralta , Tomi Westerlund

Atomic swaps have been widely considered to be an ideal solution for cross-chain cryptocurrency transactions due to their trustless and decentralized nature. However, their adoption in practice has been strictly limited compared to…

Cryptography and Security · Computer Science 2025-03-18 Ethan Francolla , Arnav Shah

Atomic Crosschain Transaction technology allows composable programming across permissioned Ethereum blockchains. It allows for inter-contract and inter-blockchain function calls that are both synchronous and atomic: if one part fails, the…

Cryptography and Security · Computer Science 2020-06-09 Peter Robinson

Blockchain and other Distributed Ledger Technologies (DLTs) have evolved significantly in the last years and their use has been suggested for numerous applications due to their ability to provide transparency, redundancy and accountability.…

Cryptography and Security · Computer Science 2024-02-05 Tiago M. Fernandez-Carames , Paula Fraga-Lamas
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