Bootstrapping Public Blockchains Without a Trusted Setup

Abhinav Aggarwal, Mahnush Movahedi, Jared Saia, Mahdi Zamani · 2019

We propose a protocol that allows the participants of a permissionless decentralized system to agree on a set of identities in the presence of a computationally-bounded Byzantine adversary. Our protocol guarantees that the fraction of identities belonging to the adversary in the set of identities is at most equal to the total computational hash power of the adversary.

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