#universitybern — Public Fediverse posts
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[en] Tackle storage demands of anonymous cryptocurrencies
"This work tackles the ever-growing #storage demands of #anonymous cryptocurrencies. It introduces a new scheme that randomly partitions the fresh outputs of transactions into fixed-size bins. Subsequent transactions reference these outputs when they transfer the tokens further."
"The basic idea is that once a bin has been referenced as many times as its size, it can safely be pruned from the ledger. This preserves both #privacy and #security, but reduces the data that needs to be stored on the #distributed #ledger."
https://cryptobern.github.io/toxic_decoys/
#cryptocurrency #toxicdecoy #transparentledger #bitcoin #ethereum #monero #zcash #cryptobern #unibe #unibern #universitybern #research #study #ResearchHighlights