Konferenzbeitrag
A structural analysis of Bitcoin
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Datum
2012
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Gesellschaft für Informatik e.V.
Zusammenfassung
There is no formal framework for describing the core structural concepts of Bitcoin or for attempting a correctness proof of the algorithm. This contribution presents several elements which may serve as building blocks. A distributed model for describing the states enclosed in a Bitcoin network is provided. Concepts for modeling the swarm behavior of Bitcoin are analyzed.