Although Bitcoin is mostly used as a decentralized application to transfer cryptocurrency, over the last 10 years there have been several studies on how to exploit Bitcoin to execute smart contracts. These are computer protocols which allow users to exchange bitcoins according to complex pre-agreed rules. Some of these studies introduce formal models of Bitcoin contracts, which specify their behavior in non-ambiguous terms, in some cases providing tools to automatically verify relevant contract properties. In this paper, we survey the formal models proposed in the scientific literature, comparing their expressiveness and applicability in the wild.

Formal Models of Bitcoin Contracts: A Survey

Bartoletti, M
;
Zunino, R
2019-01-01

Abstract

Although Bitcoin is mostly used as a decentralized application to transfer cryptocurrency, over the last 10 years there have been several studies on how to exploit Bitcoin to execute smart contracts. These are computer protocols which allow users to exchange bitcoins according to complex pre-agreed rules. Some of these studies introduce formal models of Bitcoin contracts, which specify their behavior in non-ambiguous terms, in some cases providing tools to automatically verify relevant contract properties. In this paper, we survey the formal models proposed in the scientific literature, comparing their expressiveness and applicability in the wild.
2019
Blockchain; Smart contracts; Cryptocurrencies; Formal models; Concurrency
File in questo prodotto:
File Dimensione Formato  
fbloc-02-00008.pdf

accesso aperto

Descrizione: Articolo principale
Tipologia: versione editoriale (VoR)
Dimensione 1.64 MB
Formato Adobe PDF
1.64 MB Adobe PDF Visualizza/Apri

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11584/317444
Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus ND
  • ???jsp.display-item.citation.isi??? 6
social impact