Abuse-Free Multi-party Contract Signing

  • Authors:
  • Juan A. Garay;Philip D. MacKenzie

  • Affiliations:
  • -;-

  • Venue:
  • Proceedings of the 13th International Symposium on Distributed Computing
  • Year:
  • 1999

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Abstract

In the contract-signing problem, participants wish to sign a contract m in such a way that either all participants obtain each others' signatures, or nobody does. A contract-signing protocol is optimistic if it relies on a trusted third party, but only uses it when participants misbehave (e.g., try to cheat, or simply crash). We construct an efficient general multi-party optimistic contract-singing protocol. The protocol is also abuse-free, meaning that at no point can a participant prove to others that he is capable of choosing whether to validate or invalidate the contract. This is the first abuse-free optimistic contract-signing protocol that has been developed for n 3 parties. We also show a linear lower bound on the number of rounds of any n-party optimistic contract-signing protocol.