Paper 2018/469 Original: eprint.iacr.org/2018/469 ↗

An Abstract Model of UTxO-based Cryptocurrencies with Scripts

Joachim Zahnentferner
Abstract

In [1], an abstract accounting model for UTXO-based cryptocurrencies has been presented. However, that model considered only the simplest kind of transaction (known in Bitcoin as pay-to-pubkey-hash) and also abstracted away all aspects related to authorization. This paper extends that model to the general case where the transaction contains validator (a.k.a. scriptPubKey) scripts and redeemer (a.k.a. scriptSig) scripts, which together determine whether the transac- tion’s fund transfers have been authorized.

Metadata
Available format(s)
PDF
Category
Applications
Publication info
Preprint.
History
2018-05-22: last updated
2018-05-22: published
Short URL
https://ia.cr/2018/469
License
https://creativecommons.org/licenses/by/4.0/

BibTeX

@misc{cryptoeprint:2018/469,
      author = {Joachim Zahnentferner},
      title = {An Abstract Model of UTxO-based Cryptocurrencies with Scripts},
      howpublished = {Cryptology {ePrint} Archive, Paper 2018/469},
      year = {2018},
      url = {https://eprint.iacr.org/2018/469}
}
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