DeepAI AI Chat
Log In Sign Up

DeXTT: Deterministic Cross-Blockchain Token Transfers

05/15/2019
by   Michael Borkowski, et al.
0

Current blockchain technologies provide very limited interoperability. Restrictions with regards to asset transfers and data exchange between different blockchains reduce usability and comfort for users, and hinder novel developments within the blockchain space. As a first step towards cross-blockchain interoperability, we propose the DeXTT cross-blockchain transfer protocol, which can be used to transfer a token on any number of blockchains simultaneously in a decentralized manner. We provide a reference implementation using Solidity, and evaluate its performance. We show logarithmic scalability of DeXTT with respect to the number of participating nodes, and analyze cost requirements of the transferred tokens.

READ FULL TEXT

page 1

page 2

page 3

page 4

04/22/2020

Decentralized Cross-Blockchain Asset Transfers

Today, solutions for cross-blockchain asset transfers are either tailore...
11/28/2019

Cross-Blockchain Databases for Governments: The Technology for Public Registries and Smart Laws

There is an ongoing competition among blockchain technologies and the ex...
03/07/2020

SkillCheck: An Incentive-based Certification System using Blockchains

Skill verification is a central problem in workforce hiring. Companies a...
02/03/2023

MetaOpera: A Cross-Metaverse Interoperability Protocol

With the rapid evolution of metaverse technologies, numerous metaverse a...
10/11/2021

Confidential Token-Based License Management

In a global economy with many competitive participants, licensing and tr...
08/25/2022

Semantics and Non-Fungible Tokens for Copyright Management on the Metaverse and Beyond

Recent initiatives related to the Metaverse focus on better visualisatio...
12/23/2022

Permissionless Refereed Tournaments

Scalability problems in programmable blockchains have created a strong d...