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Paper 2016/1184

Bitcoin Private Key Locked Transactions

Sergi Delgado-Segura and Cristina Pérez-Solà and Jordi Herrera-Joancomartí and Guillermo Navarro-Arribas

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 script execution.

Metadata
Available format(s)
PDF
Category
Applications
Publication info
Preprint.
Keywords
Bitcoinscripttransactionsprivate keysmart contracts
Contact author(s)
sdelgado @ deic uab cat
History
2016-12-30: revised
2016-12-30: received
See all versions
Short URL
https://ia.cr/2016/1184
License
Creative Commons Attribution
CC BY
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