Decentralized Proof-of-Burn auction for secure cryptocurrency upgrade
We propose a new approach for a secure, decentralized, and censorless upgrade of existing cryptocurrencies to newly created tokens without interaction with any external information sources (oracles). The proposed scheme is based on the burning of existing cryptocurrency tokens and implemented via th...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Elsevier
2024-03-01
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| Series: | Blockchain: Research and Applications |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2096720923000453 |