A Formal Analysis of the Mimblewimble Cryptocurrency Protocol

Adrián Silveira, Gustavo Betarte, Maximiliano Cristiá, Carlos Luna
2021 Sensors  
Mimblewimble (MW) is a privacy-oriented cryptocurrency technology that provides security and scalability properties that distinguish it from other protocols of its kind. We present and discuss those properties and outline the basis of a model-driven verification approach to address the certification of the correctness of the protocol implementations. In particular, we propose an idealized model that is key in the described verification process, and identify and precisely state [Review
more » ... ntthe conditions for our model to ensure the verification of the relevant security properties of MW. Since MW is built on top of a consensus protocol, we develop a Z specification of one such protocol and present an excerpt of the prototype after its Z specification. This prototype can be used as an executable model. [Review 3]where simulations can be run This allows us to analyze the behavior of the protocol without having to implement it in a low level programming language. Finally, we analyze the Grin and Beam implementations of MW in their current state of development.
doi:10.3390/s21175951 pmid:34502842 pmcid:PMC8434605 fatcat:qr2o673tnfa2ndujtay6rsw2ya