@inproceedings{dcf7acb2df284372abea114e2780b7c8,
title = "Practical Solutions to Save Bitcoins Applied to an Identity System Proposal",
abstract = "In a recent work by Augot et al. (2017), a scheme is proposed to build an identity system on top of the Bitcoin network. However, this proposal incurs very high costs since Bitcoin transactions require heavy fees. The current work introduces modifications to their scheme to make it more cost efficient while preserving its potential. Namely, we build on features of Bitcoin's scripting language, which allows swapping coins between two compatible blockchains, and also on off-chain transactions.",
keywords = "Atomic Swaps, Bitcoin, Identity System, Off-chain Payment Channels",
author = "Daniel Augot and Herv{\'e} Chabanne and William George",
note = "Publisher Copyright: {\textcopyright} 2019 by SCITEPRESS-Science and Technology Publications, Lda. All rights reserved.; 5th International Conference on Information Systems Security and Privacy , ICISSP 2019 ; Conference date: 23-02-2019 Through 25-02-2019",
year = "2019",
month = jan,
day = "1",
doi = "10.5220/0007443905110518",
language = "English",
isbn = "9789897583599",
series = "International Conference on Information Systems Security and Privacy",
publisher = "Science and Technology Publications, Lda",
pages = "511--518",
editor = "Paolo Mori and Steven Furnell and Olivier Camp",
booktitle = "ICISSP 2019 - Proceedings of the 5th International Conference on Information Systems Security and Privacy",
}