What is it about?
It is a cross-chain protocol designed for multi-party asset exchange, where assets are located in different blockchains.
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Why is it important?
Multi-party asset exchange is an application scenario where multi-parties inter-exchange their assets. This application has emerged in many different fields, such as finance markets, energy markets and so forth. The protocol not only enhances the security of multi-party asset exchange, but also improve the performance regarding latency and memory metrics.
Perspectives
This protocol provides a way to enable efficient data interoperability among blockchains in a secure manner. I hope this protocol can be investigated by relevant researchers to further improve its efficiency and to evaluate its security.
Teng Yu
University of Sydney
Read the Original
This page is a summary of: PCCAE: A Protocol for Multi-Party Asset Exchange Among Blockchains, August 2024, ACM (Association for Computing Machinery),
DOI: 10.1145/3672200.3673875.
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