Dongning Guo

Continuous-Time Analysis of the Bitcoin and Prism Backbone Protocols

2020 · arXiv (Cornell University)

Bitcoin is a peer-to-peer payment system proposed by Nakamoto in 2008. Based on the Nakamoto consensus, Bagaria, Kannan, Tse, Fanti, and Viswanath proposed the Prism protocol in 2018 and showed that it achieves near-optimal blockchain …