Abstract
Coin-flipping protocols allow mutually distrustful parties to generate a random bit with uniform distribution. Minimizing bias and keeping fairness are two key requirements in designing such protocols. However, the best previously known fair coin-flipping protocol only guarantees with bias O(1/r). In the paper, we introduce a new approach for fair coin-flipping protocol construction by using Garay et al’s “resource fairness” technique and propose a resource-fair two-party coin-flipping protocol according to the standard real/ideal simulation paradigm. Compared with the other coin-flipping protocols, our protocol enjoys an important advantage that its bias is 0.
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