Algebras of UTxO blockchains

Author:

Gabbay Murdoch J.ORCID

Abstract

AbstractWe condense the theory of UTxO blockchains down to a simple and compact set of four type equations (Idealised EUTxO), and to an algebraic characterisation (abstract chunk systems), and exhibit an adjoint pair of functors between them. This gives a novel account of the essential mathematical structures underlying blockchain technology, such as Bitcoin.

Publisher

Cambridge University Press (CUP)

Subject

Computer Science Applications,Mathematics (miscellaneous)

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