Abstract
Cryptocurrencies are based on cryptography-based asset disposals broadcasted peer-to-peer to be validated decentrally according to consensus mechanisms in compliance with consented protocols. The consensus mechanisms are crucial for reaching a consistent state of a cryptocurrency ledger in a decentralized manner. However, there are several ways to attack consensus. The technical aspects of such attacks have been well explored in the literature, but the legal consequences of such attacks have been less explored. This paper discusses possible legal bases for liability for attacks on consensus and the limits of liability in deterring attacks and providing victim compensation.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
