Balance: dynamic adjustment of cryptocurrency deposits
- Submitting institution
-
Imperial College of Science, Technology and Medicine
- Unit of assessment
- 11 - Computer Science and Informatics
- Output identifier
- 2166
- Type
- E - Conference contribution
- DOI
-
10.1145/3319535.3354221
- Title of conference / published proceedings
- Proceedings of the 2019 ACM SIGSAC Conference on Computer & Communications Security (CCS '19)
- First page
- 1485
- Volume
- -
- Issue
- -
- ISSN
- 1543-7221
- Open access status
- Compliant
- Month of publication
- November
- Year of publication
- 2019
- URL
-
-
- Supplementary information
-
10.1145/3319535.3354221
- Request cross-referral to
- -
- Output has been delayed by COVID-19
- No
- COVID-19 affected output statement
- -
- Forensic science
- No
- Criminology
- No
- Interdisciplinary
- No
- Number of additional authors
-
3
- Research group(s)
-
-
- Citation count
- 1
- Proposed double-weighted
- No
- Reserve for an output with double weighting
- No
- Additional information
- Balance is a mechanism to reduce cryptocurrency deposits in protocols that leverage financial collateral. Balance has been integrated into XCLAIM (https://xclaim.io), a cross-chain interoperability protocol, reducing deposits requirements by 10%. It is also currently being integrated in the Trusty protocol (https://ethresear.ch/t/secure-collateral-reduction-for-many-protocols-trusty/6377) to provide a trust and reputation system for decentralized finance (DeFi) protocols. This work resulted in a Binance X fellowship grant for Harz, who is a PhD student at Imperial College (https://binancex.dev/fellowship_details.html?project=035_fellowship_dominik_harz) (CCS 2019 acceptance rate: 16%/934).
- Author contribution statement
- -
- Non-English
- No
- English abstract
- -
