Paper 2019/1225 Original: eprint.iacr.org/2019/1225 ↗
Analysis of Nakamoto Consensus, Revisited
Abstract
In the Bitcoin white paper, Nakamoto proposed a very simple Byzantine fault tolerant consensus algorithm that is also known as Nakamoto consensus. Despite its simplicity, some existing analysis of Nakamoto consensus appears to be long and involved. In this technical report, we aim to make such analysis simple and transparent so that we can teach senior undergraduate students and graduate students in our institutions. This report is largely based on a 3-hour tutorial given by one of the authors in June 2019.
Metadata
- Available format(s)
PDF- Category
- Applications
- Publication info
- Preprint.
- History
- 2019-10-21: last updated
- 2019-10-21: published
- Short URL
- https://ia.cr/2019/1225
- License
- https://creativecommons.org/licenses/by/4.0/
BibTeX
@misc{cryptoeprint:2019/1225,
author = {Jianyu Niu and Chen Feng and Hoang Dau and Yu-Chih Huang and Jingge Zhu},
title = {Analysis of Nakamoto Consensus, Revisited},
howpublished = {Cryptology {ePrint} Archive, Paper 2019/1225},
year = {2019},
url = {https://eprint.iacr.org/2019/1225}
}