Bitter to better – how to make Bitcoin a better currency

Speakers

Simon Barber
Xavier Boyen
Elaine Shi
Ersin Uzun
Event

Bitter to better – how to make Bitcoin a better currency

Bitcoin is a distributed digital currency which has attracted a substantial number of users. We perform an in-depth investigation to understand what made Bitcoin so successful, while decades of research on cryptographic e-cash has not lead to a large-scale deployment. We ask also how Bitcoin could become a good candidate for a long-lived stable currency. In doing so, we identify several issues and attacks of Bitcoin, and we propose novel techniques to address them.

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