Abstract | ||
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A distributed ledger is a tamperproof sequence of data that can be publicly accessed and augmented by everyone, without being maintained by a centralized party. Distributed ledgers stand to revolutionize the way a modern society operates. They can secure all kinds of traditional transactions, such as payments, asset transfers and titles, in the exact order in which the transactions occur; and enable totally new transactions, such as cryptocurrencies and smart contracts. They can remove intermediaries and usher in a new paradigm for trust. As currently implemented, however, distributed ledgers scale poorly and cannot achieve their enormous potential. |
Year | DOI | Venue |
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2019 | 10.1016/j.tcs.2019.02.001 | Theoretical Computer Science |
Keywords | Field | DocType |
Public ledger,Blockchain,Byzantine agreement,Distributed computation,Cryptographic self-selection,Permissionless system | Intermediary,Asynchronous communication,Discrete mathematics,Proof-of-work system,Ledger,Computer security,Implementation,Cryptocurrency,Database transaction,Payment,Mathematics | Journal |
Volume | ISSN | Citations |
777 | 0304-3975 | 7 |
PageRank | References | Authors |
0.55 | 0 | 2 |
Name | Order | Citations | PageRank |
---|---|---|---|
Jing Chen | 1 | 30 | 7.30 |
Silvio Micali | 2 | 11434 | 2581.31 |