Bitcoin Private Key Locked Transactions

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

Year 2017
Peer Reviewed not_interested
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