Intercloud achieves eventual consistency for decentralized economies using small Watcher swarms, ripple deduplication for termination, and chilling-effect consensus where finality comes from attesting absence of conflicts rather than voting.
Distributed Double Spending Prevention
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abstract
We study the problem of preventing double spending in electronic payment schemes in a distributed fashion. This problem occurs, for instance, when the spending of electronic coins needs to be controlled by a large collection of nodes (eg. in a peer-to-peer (P2P) system) instead of one central bank. Contrary to the commonly held belief that this is fundamentally impossible, we propose several solutions that do achieve a reasonable level of double spending prevention, and analyse their efficiency under varying assumptions.
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cs.DC 1years
2026 1verdicts
UNVERDICTED 1representative citing papers
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Intercloud: Eventual Consistency for Decentralised Economies via Chilling-Effect Consensus
Intercloud achieves eventual consistency for decentralized economies using small Watcher swarms, ripple deduplication for termination, and chilling-effect consensus where finality comes from attesting absence of conflicts rather than voting.