We also show how to link the output of this protocol to the Bitcoin currency. More precisely: we show a method to design secure two-party protocols for functionalities that result in a "forced" financial transfer from one party to the other.
Our protocols build upon the ideas of our recent paper "Secure Multiparty Computations on Bitcoin" (Cryptology ePrint Archive, Report 2013/784). Compared to that paper, our results are more general, since our protocols allow to compute any function, while in the previous paper we concentrated only on some specific tasks (commitment schemes and lotteries). On the other hand, as opposed to "Secure Multiparty Computations on Bitcoin", to obtain security we need to modify the Bitcoin specification so that the transactions are "non-malleable" (we discuss this concept in more detail in the paper).Category / Keywords: Bitcoin, Multiparty Computation Protocols Date: received 11 Dec 2013, last revised 5 Mar 2014 Contact author: l mazurek at mimuw edu pl Available format(s): PDF | BibTeX Citation Version: 20140305:181124 (All versions of this report) Discussion forum: Show discussion | Start new discussion