A Denial of Service attack against fair computations using Bitcoin deposits

A Denial of Service attack against fair computations using Bitcoin deposits

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Article ID: iaor201530351
Volume: 116
Issue: 2
Start Page Number: 144
End Page Number: 146
Publication Date: Feb 2016
Journal: Information Processing Letters
Authors:
Keywords: financial, investment, finance & banking, security
Abstract:

Bitcoin supports complex transactions where the recipient of a transaction can be programmatically determined. Using these transactions, multi‐party computation protocols that aim to ensure fairness among participants have been designed. We present a Denial of Service attack against these protocols that results in a net loss for some or all of the honest parties involved, violating those fairness goals.

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