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Jhu.edu.pdf

ZerocoinOakland.pdf
Preview of jhu.edu
🔗 Source: spar.isi.jhu.edu
📊 Size: 474 KB
📄 Pages: 15 pages
⬇️ Downloads: 80

Summary

Zerocoin is a cryptographic extension to Bitcoin that enables fully anonymous currency transactions without introducing new trusted parties or changing the security model of Bitcoin. It uses standard cryptographic assumptions and allows individual Bitcoin clients to generate their own coins, eliminating the need for a trusted coin issuer. The system works by having users mint coins by committing to a random serial number, and then redeeming them by producing a non-interactive zero-knowledge proof that they know a valid commitment and a hidden value that opens the commitment to the serial number. This breaks the link between individual Bitcoin transactions, providing anonymity and protecting users' privacy.

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Description

Zerocoin is a cryptographic extension to Bitcoin that enables fully anonymous currency transactions without introducing new trusted parties or changing the...

Technical Information

  • File Format: PDF
  • File Size: 474 KB
  • Pages: 15
  • Language: EN
  • Total Downloads: 80
  • Last Updated: 16 hours ago

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