| _version_ | 1866902324784398336 |
|---|---|
| author | Liu, Zhuo |
| author_facet | Liu, Zhuo |
| contents | <p>Despite Bitcoin's success, its <strong>Proof-of-Work (PoW)</strong> consensus mechanism has inherent security vulnerabilities, as highlighted by a recent 51% attack on Monero in 2025. This paper proposes a solution: migrating Bitcoin to the <strong>Atomic Ownership Blockchains (AOB)</strong> framework.</p> <p><strong>AOB</strong> is a new paradigm that uses independent micro-blockchains for each asset, with broadcast temporal ordering as an implicit consensus. This aims to shift the security foundation from an economic level to a cryptographic one. The paper discusses AOB's architecture, limitations, and a hard fork-free migration path, emphasizing the need for rigorous empirical validation and proposing simulation tests to explore the feasibility of Bitcoin's evolution.</p> |
| format | Recurso digital |
| id | zenodo_https___doi_org_10_5281_zenodo_17082846 |
| institution | Zenodo |
| language | eng |
| publishDate | 2025 |
| publisher | Zenodo |
| record_format | zenodo |
| spellingShingle | Migrating Bitcoin to AOB for Enhanced Security Liu, Zhuo <p>Despite Bitcoin's success, its <strong>Proof-of-Work (PoW)</strong> consensus mechanism has inherent security vulnerabilities, as highlighted by a recent 51% attack on Monero in 2025. This paper proposes a solution: migrating Bitcoin to the <strong>Atomic Ownership Blockchains (AOB)</strong> framework.</p> <p><strong>AOB</strong> is a new paradigm that uses independent micro-blockchains for each asset, with broadcast temporal ordering as an implicit consensus. This aims to shift the security foundation from an economic level to a cryptographic one. The paper discusses AOB's architecture, limitations, and a hard fork-free migration path, emphasizing the need for rigorous empirical validation and proposing simulation tests to explore the feasibility of Bitcoin's evolution.</p> |
| title | Migrating Bitcoin to AOB for Enhanced Security |
| url | https://doi.org/10.5281/zenodo.17082846 |