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Bitcoin private key locked transactions

Delgado-Segura, S; Perez-Sola, C; Herrera-Joancomarti, J; Navarro-Arribas, G; (2018) Bitcoin private key locked transactions. Information Processing Letters , 140 pp. 37-41. 10.1016/j.ipl.2018.08.004. Green open access

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Abstract

Bitcoin smart contracts allow the development of new protocols on top of Bitcoin itself. This usually involves the definition of complex scripts, far beyond the requirement of a single signature. In this paper we introduce the concept of private key locked transactions, a novel type of transactions that allows the atomic verification of a given private key (belonging to an asymmetric key pair) during the payment execution.

Type: Article
Title: Bitcoin private key locked transactions
Open access status: An open access version is available from UCL Discovery
DOI: 10.1016/j.ipl.2018.08.004
Publisher version: https://doi.org/10.1016/j.ipl.2018.08.004
Language: English
Additional information: This version is the author accepted manuscript. For information on re-use, please refer to the publisher’s terms and conditions.
Keywords: Science & Technology, Technology, Computer Science, Information Systems, Computer Science, Bitcoin, Cryptocurrencies, Scripting, Smart contracts, Cryptography
UCL classification: UCL
UCL > Provost and Vice Provost Offices
UCL > Provost and Vice Provost Offices > UCL BEAMS
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of Engineering Science
URI: https://discovery.ucl.ac.uk/id/eprint/10060286
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