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Subsidy Bridge: Rewarding Cross-Blockchain Relayers with Subsidy
Ist Teil von
Information and Communications Security, p.571-589
Ort / Verlag
Singapore: Springer Nature Singapore
Link zum Volltext
Quelle
Alma/SFX Local Collection
Beschreibungen/Notizen
Cross-chain technology aims to enable interoperability between isolated blockchains. However, existing cross-chain solutions cannot achieve both decentralization and incentive compatibility. In the paper, we introduce Subsidy Bridge, a general and decentralized relay scheme with special incentive design similar to Bitcoin mining. In Subsidy Bridge, target chain carries out cross-chain validation relying on relayers submitting new block headers of source chain, while honest relayers obtain basic subsidy from target chain and transaction fee from cross-chain users. The utility of honest relayers is always positive even when users are temporarily inactive. Analysis results demonstrate that our solution can provide decentralization, incentive compatibility, and strong security.