2020
DOI: 10.48550/arxiv.2005.03199
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Enabling Cross-chain Transactions: A Decentralized Cryptocurrency Exchange Protocol

Abstract: Inspired by Bitcoin, many different kinds of cryptocurrencies based on blockchain technology have turned up on the market. Due to the special structure of the blockchain, it has been deemed impossible to directly trade between traditional currencies and cryptocurrencies or between different types of cryptocurrencies. Generally, trading between different currencies is conducted through a centralized third-party platform. However, it has the problem of a single point of failure, which is vulnerable to attacks an… Show more

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Cited by 1 publication
(1 citation statement)
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References 17 publications
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“…The basic idea of such protocol is to support a move operation enabling to move objects and smart contracts from one blockchain to another. Recently, to enable cross-cryptocurrency transactions, Tian et al [95] proposed a decentralized cryptocurrency exchange strategy implemented on Ethereum through smart contracts. Additionally, a great number of studies of cross-chain communications are included in [16], in which readers can find a systematic classification of cross-chain communication protocols.…”
Section: Multiplementioning
confidence: 99%
“…The basic idea of such protocol is to support a move operation enabling to move objects and smart contracts from one blockchain to another. Recently, to enable cross-cryptocurrency transactions, Tian et al [95] proposed a decentralized cryptocurrency exchange strategy implemented on Ethereum through smart contracts. Additionally, a great number of studies of cross-chain communications are included in [16], in which readers can find a systematic classification of cross-chain communication protocols.…”
Section: Multiplementioning
confidence: 99%