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Sidechains: Decoupled Consensus Between Chains (1812.05441v1)
Published 17 Oct 2018 in cs.CR
Abstract: We propose a novel sidechain construction tailored to be compatible with the Horizen blockchain and designed for conducting secure and decentralized cross-chain transfers without requiring the mainchain nodes to track sidechains to verify them. The proposed scheme can also be adopted for other similar blockchain systems. We show that our cross-ledger transfer mechanism is secure under certain plausible assumptions.