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Solida: A blockchain protocol based on reconfigurable Byzantine consensus

Publication ,  Conference
Abraham, I; Malkhi, D; Nayak, K; Ren, L; Spiegelman, A
Published in: Leibniz International Proceedings in Informatics, LIPIcs
March 1, 2018

The decentralized cryptocurrency Bitcoin has experienced great success but also encountered many challenges. One of the challenges has been the long confirmation time. Another challenge is the lack of incentives at certain steps of the protocol, raising concerns for transaction withholding, selfish mining, etc. To address these challenges, we propose Solida, a decentralized blockchain protocol based on reconfigurable Byzantine consensus augmented by proof-of-work. Solida improves on Bitcoin in confirmation time, and provides safety and liveness assuming the adversary control less than (roughly) one-third of the total mining power.

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Published In

Leibniz International Proceedings in Informatics, LIPIcs

DOI

ISSN

1868-8969

ISBN

9783959770613

Publication Date

March 1, 2018

Volume

95

Related Subject Headings

  • 46 Information and computing sciences
 

Citation

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Abraham, I., Malkhi, D., Nayak, K., Ren, L., & Spiegelman, A. (2018). Solida: A blockchain protocol based on reconfigurable Byzantine consensus. In Leibniz International Proceedings in Informatics, LIPIcs (Vol. 95). https://doi.org/10.4230/LIPIcs.OPODIS.2017.25
Abraham, I., D. Malkhi, K. Nayak, L. Ren, and A. Spiegelman. “Solida: A blockchain protocol based on reconfigurable Byzantine consensus.” In Leibniz International Proceedings in Informatics, LIPIcs, Vol. 95, 2018. https://doi.org/10.4230/LIPIcs.OPODIS.2017.25.
Abraham I, Malkhi D, Nayak K, Ren L, Spiegelman A. Solida: A blockchain protocol based on reconfigurable Byzantine consensus. In: Leibniz International Proceedings in Informatics, LIPIcs. 2018.
Abraham, I., et al. “Solida: A blockchain protocol based on reconfigurable Byzantine consensus.” Leibniz International Proceedings in Informatics, LIPIcs, vol. 95, 2018. Scopus, doi:10.4230/LIPIcs.OPODIS.2017.25.
Abraham I, Malkhi D, Nayak K, Ren L, Spiegelman A. Solida: A blockchain protocol based on reconfigurable Byzantine consensus. Leibniz International Proceedings in Informatics, LIPIcs. 2018.

Published In

Leibniz International Proceedings in Informatics, LIPIcs

DOI

ISSN

1868-8969

ISBN

9783959770613

Publication Date

March 1, 2018

Volume

95

Related Subject Headings

  • 46 Information and computing sciences