12,032 research outputs found
A Logic of Blockchain Updates
Blockchains are distributed data structures that are used to achieve
consensus in systems for cryptocurrencies (like Bitcoin) or smart contracts
(like Ethereum). Although blockchains gained a lot of popularity recently,
there is no logic-based model for blockchains available. We introduce BCL, a
dynamic logic to reason about blockchain updates, and show that BCL is sound
and complete with respect to a simple blockchain model
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