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Extreme valuation and volatility of cryptocurrencies require investors to diversify often which demands secure exchange protocols. A cross-chain swap protocol allows distrusting parties to securely exchange their assets. However, the…

分布式、并行与集群计算 · 计算机科学 2023-05-24 Eric Chan , Marek Chrobak , Mohsen Lesani

An option is a financial agreement between two parties to trade two assets. One party is given the right, but not the obligation, to complete the swap before a specified termination time. In todays financial markets, an option is considered…

密码学与安全 · 计算机科学 2022-05-09 Daniel Engel , Yingjie Xue

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…

分布式、并行与集群计算 · 计算机科学 2018-05-21 Maurice Herlihy

Today, several solutions for cross-blockchain asset transfers exist. However, these solutions are either tailored to specific assets or neglect finality guarantees that prevent assets from getting lost in transit. In this paper, we present…

密码学与安全 · 计算机科学 2021-10-12 Marten Sigwart , Philipp Frauenthaler , Christof Spanring , Michael Sober , Stefan Schulte

Since the introduction of Bitcoin in 2008, many other cryptocurrencies have been introduced and gained popularity. Lack of interoperability and scalability amongst these cryptocurrencies was and still is, acting as a significant impediment…

密码学与安全 · 计算机科学 2019-02-13 Mahdi H. Miraz , David C. Donald

Many aspects of blockchain-based decentralized finance can be understood as an extension of classical distributed computing. In this paper, we trace the evolution of two interrelated notions: failure and fault-tolerance. In classical…

分布式、并行与集群计算 · 计算机科学 2021-09-28 Daniel Engel , Maurice Herlihy , Yingjie Xue

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…

分布式、并行与集群计算 · 计算机科学 2019-12-03 Soichiro Imoto , Yuichi Sudo , Hirotsugu Kakugawa , Toshimitsu Masuzawa

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…

密码学与安全 · 计算机科学 2025-03-18 Ethan Francolla , Arnav Shah

The interoperability across multiple or many blockchains would play a critical role in the forthcoming blockchain-based data management paradigm. In particular, how to ensure the ACID properties of those transactions across an arbitrary…

数据库 · 计算机科学 2020-02-28 Dongfang Zhao , Tonglin Li

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:…

分布式、并行与集群计算 · 计算机科学 2019-10-16 Maurice Herlihy , Barbara Liskov , Liuba Shrira

The increasing complexity of digital asset transactions across multiple blockchains necessitates a robust atomic swap protocol that can securely handle more than two participants. Traditional atomic swap protocols, including those based on…

密码学与安全 · 计算机科学 2024-06-25 Shengewei You , Aditya Joshi , Andrey Kuehlkamp , Jarek Nabrzyski

The interoperability across multiple blockchains would play a critical role in future blockchain-based data management paradigm. Existing techniques either work only for two blockchains or requires a centralized component to govern the…

数据库 · 计算机科学 2020-01-07 Xinying Wang , Olamide Timothy Tawose , Feng Yan , Dongfang Zhao

A blockchain facilitates secure and atomic transactions between mutually untrusting parties on that chain. Today, there are multiple blockchains with differing interfaces and security properties. Programming in this multi-blockchain world…

密码学与安全 · 计算机科学 2024-03-13 Huaixi Lu , Akshay Jajoo , Kedar S. Namjoshi

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…

数据结构与算法 · 计算机科学 2024-03-18 Emily Clark , Chloe Georgiou , Katelyn Poon , Marek Chrobak

The blockchain space is changing constantly. New chains are being implemented frequently with different use cases in mind. As more and more types of crypto assets are getting real world value there is an increasing need for blockchain…

密码学与安全 · 计算机科学 2020-09-29 Omer Shlomovits , Oded Leiba

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…

分布式、并行与集群计算 · 计算机科学 2019-05-16 Michael Borkowski , Marten Sigwart , Philipp Frauenthaler , Taneli Hukkinen , Stefan Schulte

Blockchains were originally designed as closed execution environments and lack the ability to communicate directly with external systems. To overcome this limitation, many blockchains employ relayers, external applications capable of…

分布式、并行与集群计算 · 计算机科学 2023-10-17 Joao Otavio Chervinski , Diego Kreutz , Jiangshan Yu

Atomic swaps are a fundamental primitive for the trustless exchange of digital assets across blockchains: they guarantee that either both parties receive the agreed assets or neither party transfers. While this all-or-nothing guarantee is…

密码学与安全 · 计算机科学 2026-05-07 Paul Gerhart , Jay Taylor , Sri Aravinda Krishnan Thyagarajan

Inspired by Bitcoin, many different kinds of cryptocurrencies based on blockchain technology have turned up on the market. Due to the special structure of the blockchain, it has been deemed impossible to directly trade between traditional…

密码学与安全 · 计算机科学 2020-05-08 Hangyu Tian , Kaiping Xue , Shaohua Li , Jie Xu , Jianqing Liu , Jun Zhao

Blockchain interoperability protocols enable cross-chain asset transfers or data retrievals between isolated chains, which are considered as the core infrastructure for Web 3.0 applications such as decentralized finance protocols. However,…

密码学与安全 · 计算机科学 2024-11-04 Yinfeng Cao , Jiannong Cao , Dongbin Bai , Long Wen , Yang Liu , Ruidong Li
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