Malleability of the blockchain's entropy

Abstract : Trustworthy generation of public random numbers is necessary for the security of many cryptographic applications. It was suggested to use the inherent unpredictability of blockchains as a source of public randomness. Entropy from the Bitcoin blockchain in particular has been used in lotteries and has been suggested for a number of other applications ranging from smart contracts to election auditing. In this Arcticle, we analyse this idea and show how an adversary could manipulate these random numbers, even with limited computational power and financial budget.
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Contributor : Cécile Pierrot <>
Submitted on : Monday, September 12, 2016 - 12:22:47 PM
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Cécile Pierrot, Benjamin Wesolowski. Malleability of the blockchain's entropy. ArcticCrypt 2016, Jul 2016, Longyearbyen, Norway. ⟨hal-01364045⟩

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