Nothing Special   »   [go: up one dir, main page]

What a lovely hat

Is it made out of tin foil?

Paper 2020/643

About Blockchain Interoperability

Pascal Lafourcade and Marius Lombard-Platet

Abstract

A blockchain is designed to be a self-sufficient decentralised ledger: a peer verifying the validity of past transactions only needs to download the blockchain (the ledger) and nothing else. However, it might be of interest to make two different blockchains interoperable, i.e., to allow one to transmit information from one blockchain to another blockchain. In this paper, we give a formalisation of this problem, and we prove that blockchain interoperability is impossible according to the classical definition of a blockchain. Under a weaker definition of blockchain, we demonstrate that two blockchains are interoperable is equivalent to creating a `2-in-1' blockchain containing both ledgers, thus limiting the theoretical interest of making interoperable blockchains in the first place. We also observe that all practical existing interoperable blockchain frameworks work indeed by exchanging already created tokens between two blockchains and not by offering the possibility to transfer tokens from one blockchain to another one, which implies a modification of the balance of total created tokens on both blockchains. It confirms that having interoperability is only possible by creating a `2-in-1' blockchain containing both ledgers.

Note: First version of this paper was sent to IPL the 13/08/2019

Metadata
Available format(s)
PDF
Category
Applications
Publication info
Published elsewhere. Information Processing Letters
DOI
10.1016/j.ipl.2020.105976
Keywords
decentralised ledgerinteroperabilityblockchain
Contact author(s)
marius lombard-platet @ ens fr
pascal lafourcade @ uca fr
History
2020-06-03: received
Short URL
https://ia.cr/2020/643
License
Creative Commons Attribution
CC BY

BibTeX

@misc{cryptoeprint:2020/643,
      author = {Pascal Lafourcade and Marius Lombard-Platet},
      title = {About Blockchain Interoperability},
      howpublished = {Cryptology {ePrint} Archive, Paper 2020/643},
      year = {2020},
      doi = {10.1016/j.ipl.2020.105976},
      url = {https://eprint.iacr.org/2020/643}
}
Note: In order to protect the privacy of readers, eprint.iacr.org does not use cookies or embedded third party content.