Paper 2020/626 Original: eprint.iacr.org/2020/626 ↗

Game theoretical framework for analyzing Blockchains Robustness

Paolo Zappalà
Marianna Belotti
Maria Potop-Butucaru
Stefano Secci
Abstract

Blockchains systems evolve in complex environments that mix classical patterns of faults (e.g crash faults, transient faults, Byzantine faults, churn) with selfish, rational or irrational behaviors typical to economical systems. In this paper we propose a game theoretical framework in order to formally characterize the robustness of blockchains systems in terms of resilience to rational deviations and immunity to Byzantine behaviors. Our framework includes necessary and sufficient conditions for checking the immunity and resilience of games and a new technique for composing games that preserves the robustness of individual games. We prove the practical interest of our formal framework by characterizing the robustness of three different protocols popular in blockchain systems: a HTLC-based payment scheme (a.k.a. Lightning Network), a side-chain protocol and a cross-chain swap protocol.

Metadata
Available format(s)
PDF
Category
Foundations
Publication info
Preprint.
History
2020-06-03: last updated
2020-06-03: published
Short URL
https://ia.cr/2020/626
License
https://creativecommons.org/licenses/by/4.0/

BibTeX

@misc{cryptoeprint:2020/626,
      author = {Paolo Zappalà and Marianna Belotti and Maria Potop-Butucaru and Stefano Secci},
      title = {Game theoretical framework for analyzing Blockchains Robustness},
      howpublished = {Cryptology {ePrint} Archive, Paper 2020/626},
      year = {2020},
      url = {https://eprint.iacr.org/2020/626}
}
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