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ϏοτίΠϯɾϒϩοΫνΣʔϯೖ໳ ೥݄೔ ۚ !ϏοτίΠϯͱ͔ษڧձ ೔ຊ҉߸௨՟Ϣʔβձɹখᔹप 4IV,PCVDIJ

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খᔹपɹ4IV,PCVDIJɹ!TIV@LPC ·ͰϒϩοΫνΣʔϯΤϯδχΞ ͔ΒεϦʔγΣΠΫͷΤϯδχΞ w ੜ੒"*ΞϓϦέʔγϣϯͷ։ൃ ೔ຊ҉߸௨՟Ϣʔβձ͸೥͔ΒࢀՃ͠ɺӡӦΛ຿ΊΔ ೔ຊੜ੒"*Ϣʔβձ΋ӡӦ w ݄೔ ۚ ͔ΒΦϯϥΠϯษڧձ झຯɿα΢φɺమಓɺΧϥΦέ ࣗݾ঺հ 2

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ίϛϡχςΟ঺հ ೔ຊ҉߸௨՟ϢʔβձɹIUUQTDSZQUPDVSSFODZDPOOQBTTDPN ϏοτίΠϯͱ͔ษڧձ w ࣍ճ݄ௐ੔த ొஃऀืूத w ԠืϑΥʔϜ͸ͪ͜Β͔Β㱺IUUQTUDP3$G:,MN5Q :PV5VCFͰΞʔΧΠϒࢹௌՄೳIUUQCJUMZZPVUVCFDDTUVEZ w νϟϯωϧొ࿥͓ئ͍͠·͢ 3

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ϏοτίΠϯͱ͸ தԝ؅ཧऀΛ࣋ͨͳ͍11ిࢠϚωʔγεςϜʢඇதԝूݖతͳ҉߸௨՟ʣ தԝ؅ཧऀΛ࣋ͭۚ༥γεςϜͱ͸ۜߦͳͲ ϏοτίΠϯ͕ੜ·ΕΔલ͔Β11ిࢠϚωʔͷݚڀ͸ߦΘΕ͍ͯͨ w ࣮༻ԽϨϕϧͰॳΊͯ੒ޭͨ͠ͷ͕ϏοτίΠϯ w ҎޙɺϏοτίΠϯͷٕज़Λجʹ༷ʑͳ҉߸௨՟͕ొ৔ w ϏοτίΠϯͷج൫ٕज़ʮϒϩοΫνΣʔϯʯΛ௨՟Ҏ֎΁ͷԠ༻΋ ೥݄೔4BUPTIJ/BLBNPUP φΧϞτατγ ͕࿦จΛ044ίϛϡχςΟͷϝʔϦϯάϦετʹ౤ߘ w IUUQTCJUDPJOPSHCJUDPJOQEG ೥݄೔ʹϏοτίΠϯ͕Քಇ࢝͠Ίͨ ୭ʹ΋ૹۚΛअຐͰ͖ͳ͍ 4

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φΧϞτ࿦จʹ͍ͭͯ IUUQTCJUDPJOPSHCJUDPJOQEG ೥݄೔65$4BUPTIJ/BLBNPUPΛ໊৐Δਓ෺͕ʮ#JUDPJO"1FFSUP1FFS&MFDUSPOJD$BTI4ZTUFNʯ ͱ͍͏λΠτϧͷ8IJUF1BQFSΛϝʔϦϯάϦετʹ౤ߘ ϏοτίΠϯͷػೳʹ͍ͭͯ͸ॻ͍͓ͯΒͣɺCMPDLDIBJOͱ͍͏୯ޠ΋ొ৔͠ͳ͍ ʮ෼ࢄωοτϫʔΫͰೋॏࢧ෷͍Λ๷͙࢓૊ΈʯͷఏҊ 5

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ϋογϡؔ਺ Մม௕ͷೖྗ஋ʹର͠ɺݻఆ௕ͷग़ྗ஋Λฦ͢ ཚ਺Ͱ͸ͳ͍ͷͰɺಉ͡ೖྗ஋͔Β͸ৗʹಉ͡ग़ྗ஋ΛಘΔ ग़ྗ஋͔Βೖྗ஋Λਪଌ͢Δͷ͸΄΅ෆՄೳ IUUQTXXXNPWBCMFUZQFDPVLTDSJQUTTIBIUNM IUUQTHPPHM1PHF# 6 ೖྗ͸Մม௕ PQFOTPVSDF ग़ྗ͸ݻఆ௕ PQFOTPVSDJ CFBCCGCEBDFFD DCFBCBCCDDFCGDG CBEBEFBGCEC DBFDBEGDGFFB 4)" ϋογϡؔ਺ 4)" ϋογϡؔ਺ Ұจࣈ ม͑Δ શ͘ҟͳΔ ஋ʹ

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ެ։伴҉߸ ެ։伴͸ʮ伴ʯͱ͍͏໊લ͕ͩɺʮৣʯΛΠϝʔδ͢ΔͱΘ͔Γ΍͍͢ ΞϦε͸Ϙϒͷެ։伴Λ༻͍ͯɺฏจΛ҉߸Խ͢Δ Ͱ͖ͨ҉߸จ͸Ϙϒͷൿີ伴Ͱ͔͠෮߸ԽͰ͖ͳ͍ ҉߸Խ͢Δ伴ʢެ։伴ʣͱ෮߸Խ͢Δ伴ʢൿີ伴ʣ͕ผʑ ΞϦε͸Ϙϒͷൿີ伴͕ͳͯ͘΋Ϙϒʹ͔͠෮߸ԽͰ͖ͳ͍҉߸จΛ࡞੒Մ 7 φΧϞτατγͷ ਖ਼ମ͸ʓʓʓ DECGEGE FCDBECC EDCCFDD Ϙϒͷެ։伴 φΧϞτατγͷ ਖ਼ମ͸ʓʓʓ ҉߸จ ฏจ ฏจ Ϙϒͷൿີ伴 ҉߸Խ ෮߸Խ ΞϦε Ϙϒ

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ϏοτίΠϯͷެ։伴҉߸ʢུ֓ʣ ΞϦε͸Ϙϒʹ#5$ૹΓ͍ͨ ΞϦε͸Ωϟϩϧ͔Βड͚औͬͨ#5$͕͋Δͱ͢Δ ΞϦεͷެ։伴͕͔͔ͬͨ#5$͕͋Δ ΞϦεͷൿີ伴ͰϩοΫΛղআͯ͠࢖͑ΔΑ͏ʹͳΔ ΞϦε͕Ϙϒͷެ։伴Λ͔͚Δ͜ͱͰϘϒʹϏοτίΠϯΛૹΔ #5$ Ϙϒͷެ։伴 ΞϦεͷൿີ伴 Ωϟϩϧ #5$ ΞϦεͷެ։伴 ϩοΫղআ Ωϟϩϧ͔Β ΞϦεʹૹۚ ΞϦε͔Β Ϙϒʹૹۚ

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5SBOTBDUJPOT τϥϯβΫγϣϯͷ࿮಺Ͱ͸ӈ͔Β࡞ΔʢલͷτϥϯβΫγϣϯͷѼઌ͕ࣗ෼ѼͰ͋Δ͜ͱ͕લఏʣ ̍ʣѼઌͷެ։伴Ληοτ ̎ʣલͷτϥϯβΫγϣϯϋογϡͱѼઌͷެ։伴ͷϋογϡΛϋογϡ ̏ʣ̎ʣͷϋογϡʹॺ໊ʢॺ໊ʹ͸ൿີ伴͸ؚ·Εͳ͍ʣ 9 0XOFS ΞϦεͷॺ໊ 59ͷ )BTI 0XOFS Ϙϒͷެ։伴 0XOFS Ϙϒͷॺ໊ 59ͷ )BTI 0XOFS Ωϟϩϧ ͷެ։伴 0XOFS Ωϟϩϧ ͷॺ໊ 59ͷ )BTI 0XOFS σϏοτͷ ެ։伴 ݕ ূ ݕ ূ ॺ໊ ॺ໊ ૹۚ ૹۚ ૹۚ τϥϯβΫγϣϯ τϥϯβΫγϣϯ τϥϯβΫγϣϯ ൿີ伴 ൿີ伴

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ΞϦε͕Ϙϒʹ#5$ΛૹΔ Ҏલड͚औֹ͍ͬͯͨΛ߹ࢉͯ͠ɺ૬खʹૹΓɺ͓௼Γ͸ࣗ෼΁ 59தʹهࡌͷͳֹ͍ ͜͜Ͱ͸#5$ ͸ޙʹϚΠφʔ΁ τϥϯβΫγϣϯ5SBOTBDUJPO59ߏ଄ 10 ΞϦε Ϙϒ 5SBOTBDUJPO 59 */165 065165 ΞϦε Ωϟϩϧ ΞϦεˠϘϒ #5$ ΩϟϩϧˠΞϦε #5$ ΞϦεˠΞϦε ͓௼Γ #5$ #5$ σϏοτˠΞϦε #5$ #5$ σϏοτ ܭ#5$ ܭ#5$ ϚΠφʔ ωοτϫʔΫख਺ྉ #5$ ˞59ʹهࡌ͸ͳ͍ ൿີ伴Λࠩ͠ࠐΜͰ ϩοΫղআɿిࢠॺ໊ ΞϦεͷ ൿີ伴 ΞϦεͷ ൿີ伴 ΞϦεͷ ެ։伴 Ϙϒͷ ެ։伴 ΞϦεͷ ެ։伴 ΞϦεͷ ެ։伴

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τϥϯβΫγϣϯΛ೔ຊԁͷࢧ෷͍Ͱྫ͑Δ ΞϦε͕Ϙϒͷఆ৯԰ͰԁͷϥϯνΛ৯΂ͨ ΞϦε͸ԁࡳΛຕɺԁࡳΛຕɺԁۄΛຕ͍࣋ͬͯΔ ΞϦε͸ࢧ෷͍ʹɺԁࡳຕɺԁۄຕΛ࢖ͬͨ ԁΛ౉͢ͱɺ͓௼Γ͸ԁ τϥϯβΫγϣϯ͸*/165෦ʢऩೖʣͱ065165෦ʢࢧग़ʣͷऩࢧ͕߹͏ෳࣜ฽ه 11 ΞϦε Ϙϒ ΞϦε τϥϯβΫγϣϯ 1000ԁࡳ 500ԁۄ INPUT OUTPUT ࢧ෷ 1200ԁ ߹ܭ1500ԁ ͓௼Γ 300ԁ ߹ܭ1500ԁ

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τϥϯβΫγϣϯνΣʔϯͱ6590ߏ଄ τϥϯβΫγϣϯ 59 ͸લͷ59ͷ৘ใΛ͍࣋ͬͯΔʢϋογϡϙΠϯλʣ ݩΛḷΕ͹ɺඞͣ$PJOCBTF59ʹͨͲΓண͘ ϚΠφʔ͸ࣗ෼ͷΞυϨεʹରͯ͠ϚΠχϯάใुΛૹΔ59ΛϒϩοΫʹؚ·ͤΔ */165෦͸ۭ 65906OTQFOU5SBOTBDUJPO0VUQVUϏοτίΠϯ͸ʮ6590ߏ଄ʯ 12 TX Coinbase TX ۭ TX TX TX TX TX TX 12 ࢀর ࢀর ࣍ͷ59ͷ*/165ʹ࢖༻͞Ε͍ͯͳ͍ ະ࢖༻6590ͷ͔͖ूΊ͕࢒ߴ

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΢ΥϨοτʹ͓͕ۚೖ͍ͬͯΔͱ͍͏ΑΓ͸ɺൿີ伴͕ೖ͍ͬͯΔ ൿີ伴͸σδλϧσʔλ จࣈྻ ͳͷͰ౪ΈݟΒΕΔͱଞਓ΋࢖͑Δ ෺ཧతͳ伴΋߹伴͕࡞ΕΔʢෳ੡Ͱ͖ΔʣΑ͏ʹ ϊʔυͷ෼ࢄ୆ா͸શऔҾΛ͓࣋ͬͯΓɺΈΜͳಉ͡σʔλ ൿີ伴ͰੈքதͷͲͷϏοτίΠϯϊʔυ͔ΒͰ΋ࣗ෼ѼͰ ະ࢖༻ͳ 6OTQFOU 5SBOTBDUJPO0VUQVU 6590 Λૢ࡞͢Δ͜ͱ͕Ͱ͖Δ ϏοτίΠϯͷ΢ΥϨοτ 13 TX TX ࣗ෼ͷ 6590 ଞਓͷ 6590 ࣗ෼ͷ 4QFOU ࣗ෼ͷ 6590

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ΞυϨεੜ੒ ൿີ伴͸ཚ਺Λ࢖ͬͯಘΔ Ϗοτͷ੔਺ͳͷͰɺճίΠϯΛ౤͛ͯੜ੒΋Մೳ ެ։伴͸&$%4" ପԁۂઢ҉߸ Λ༻͍ͯൿີ伴ͷεΧϥʔഒࢉʢෆՄٯʣ ΞυϨε͸ެ։伴ͷϋογϡʢෆՄٯʣ ެ։伴ِ଄໰୊Λ๷͙ͨΊɺϏοτίΠϯͰ͸ެ։伴ͱҰରҰͰରԠ͢ΔΞυϨεΛ࢖༻ʢதԝ؅ཧऀ͕͍ͳ͍ͨΊɺೝ ূہ͸࢖Θͳ͍ʣ ൿີ伴Λ஌ΒΕΔͱɺ#5$͕౪·ΕΔͷͰ؅ཧ͸ݫॏʹʂ 14 L ൿີ伴 1SJWBUF,FZ , ެ։伴 1VCMJD,FZ " ΞυϨε "EESFTT ପԁۂઢ্ͷ εΧϥʔഒࢉ Ұํ޲ ϋογϡؔ਺ Ұํ޲ ਪଌෆՄ ෆՄٯ ਪଌෆՄ ෆՄٯ

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ൿີ伴ɾެ։伴ɾΞυϨεͷ࣮ྫ ൿີ伴͕Θ͔Ε͹ɺੜ੒نଇ͔ΒҰҙʹܾ·ΔΞυϨεʹඥͮ͘ίΠϯΛૹۚͰ͖Δ ઈରʹଞਓʹݟΒΕͯ͸͍͚ͳ͍ 15 L ൿີ伴 1SJWBUF,FZ , ެ։伴 1VCMJD,FZ " ΞυϨε "EESFTT DEFCDBCEEFFDECGBED CECCFDCDFGEEECE EBDEEFBCGGFCGD DEFCDBCEEFFD ECGBEDCECCFD DYQP.#$::8$H'485EDNYJQO(6T1X

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ΞυϨεͷ؅ཧͱಗ໊ੑ ΞυϨε͸ҰਓͰ͍ͭ͘΋࣋ͯΔ ͓௼ΓΞυϨεΛૹ৴ݩΞυϨεͱ͸ผʹͯ͠ɺಗ໊తʹར༻ͨ͠ํ͕͍͍ ୭͕͍͘Β͍࣋ͬͯΔ͔Λ஌ΒΕͳ͍ͨΊ ΞυϨεٴͼͦͷதʹ͋ΔϏοτίΠϯ͕୭ͷ࣋ͪ෺͔͸ϏοτίΠϯωοτϫʔΫͰ͸Θ͔Βͳ͍ ΞυϨεͷੜ੒ݩͱͳͬͨൿີ伴Λૢ࡞Ͱ͖Δਓ͕࣋ͪओ w ൿີ伴Λ౪·Εͯ΋ϏοτίΠϯωοτϫʔΫͰ͸ؔ༩͠ͳ͍ 16

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11ωοτϫʔΫͰͷసૹ ࡞੒ͨ͠τϥϯβΫγϣϯΛϏοτίΠϯ11ωοτϫʔΫʹϒϩʔυΩϟετ ఻೻ ͢Δ ϊʔυ͸59ͷܗࣜΛνΣοΫ͠ɺϏοτίΠϯͷܗࣜͱͯ͠ਖ਼͚͠Ε͹ɺྡͷϊʔυʹసૹ͍ͯ͘͠ શͯͷϊʔυ͕ಉ͡59Λ࣋ͭ ʢશੈքͷϊʔυʹߦ͖౉Δʣ 17 ΞϦε Ϙϒ 59 ఻೻ 59 59 59 సૹ సૹ 59 59 59 సૹ సૹ సૹ సૹ స ૹ

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ೋॏࢧ෷͍໰୊ ΞϦε͸Ωϟϩϧ͔Β΋Βͬͨ#5$ΛϘϒʹ΋ૹΓɺΤϨϯʹ΋ૹͬͨͱ͢Δʢೋॏࢧ෷͍Λͨ͠ʣ ͲͪΒͷτϥϯβΫγϣϯΛਖ਼౰ͱݟͳ͔͢ ؅ཧऀ͕͍Ε͹؅ཧऀͷϊʔυʹಧ͍ͨઌணॱͰܾΊΕ͹ྑ͍ ͔͠͠ɺ؅ཧऀͷ͍ͳ͍෼ࢄωοτϫʔΫͰ͜ͷରࡦΛ͠ͳ͚Ε͹ͳΒͳ͍ 11ωοτϫʔΫ্Ͱઌணॱͷ൑ఆ͸ෆՄೳ 18 ΞϦε Ϙϒ 59 5PϘϒ 59 5PΤϨϯ Ωϟϩϧ ΤϨϯ #5$ #5$ #5$ ೋॏࢧ෷͍ Ϙϒ ΤϨϯ

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ೋॏࢧ෷͍ΛແޮԽ͢Δʹ͸ʁ ೋॏࢧ෷͍ΛແޮԽ͢ΔͨΊʹɺ6590͕࢖༻ࡁΈͰ͋Δ͔ͷ൑ఆ͕ඞཁ ࢖༻ࡁΈͰ͋Δ͜ͱ͸ɺܝࣔ൘ʹ·ͱΊͯ஌ΒͤΔ ϒϩοΫ͸ެ༻ܝࣔ൘ 19 ࢖༻ࡁΈ6590Ұཡ ΞϦεˠϘϒ#5$ ΤϨϯˠΩϟϩϧ#5$ ΩϟϩϧˠσϏοτ#5$ ΩϟϩϧˠΞϦε#5$ ϘϒˠΤϨϯ#5$

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୭͕ϒϩοΫʢܝࣔ൘ʣΛ࡞੒͢Δͷ͔ʁ ۃΊͯ௿͍֬཰ͷλʔήοτΛݟ͚ͭͨਓʹϒϩοΫʢܝࣔ൘ʣ࡞੒ͷݖར ྫ͑ΔͳΒɺ࢛ͭ༿ͷΫϩʔόʔΛ୳͢େձ ௿͍֬཰ͷλʔήοτ͕ݟ͔ͭͬͨ ͦΕ͚ͩେมͳ࡞ۀΛͨ͠ͱ͍͏͜ͱ ӡΑ͙͘͢ʹݟ͔ͭΔ͜ͱ΋͋Δ͕ɺ੒ޭΛଓ͚Δʹ͸࿑ྗΛׂ͖ଓ͚Δ͔͠ͳ͍ ϏοτίΠϯͷ৔߹͸ɺޮ཰తͳΞϧΰϦζϜ͕ଘࡏ͠ͳ͍ͱ͞ΕΔ୯७ͳܭࢉΛͻͨ͢Β΍Γଓ͚Δ ΍Δͷ͸ϚΠχϯάϚγϯͰɺిؾ୅͕ͱͯ΋͔͔Δ େมͳ࡞ۀΛͨ͠ਓ͸ෆਖ਼ͷͨΊΑΓ΋ϒϩοΫใुͱ͍͏ΠϯηϯςΟϒͷͨΊʹਖ਼͍͠ߦಈΛ͢Δͱ͍͏લఏ 1SPPGPG8PSLʢ࡞ۀূ໌ʣͱ͍͏ 20

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ϚʔΫϧϧʔτ ϒϩοΫͷߏ଄ ϒϩοΫʹؚΊΔτϥϯβΫγϣϯΛ·ͱΊͨϚʔΫϧϧʔτΛܭࢉ 59͕ͲͷϒϩοΫʹೖ͍ͬͯΔ͔͕Θ͔Δ ϒϩοΫϔομͱτϥϯβΫγϣϯ͕ϒϩοΫʹؚ·ΕΔ ʮφϯεʯͱ͍͏ԿͰ΋ྑ͍ύϥϝʔλΛೖΕͯϒϩοΫͷϋογϡΛܭࢉ ͦͷ಄/ܻ͕શͯʹͳΔ·Ͱʢਐ਺ͳͷͰɺ֬཰͸ͷ/৐ʣ ͘͢͝௿͍֬཰ʢྫ͑ΔͳΒܻ͋ΔμΠϠϧϩοΫΛຖճ਺ࣈม͑ͯղৣͰ͖Δ͔ࢼ͢ʣ 21 લͷϒϩοΫͷϋο γϡ લͷϒϩοΫ ͷϔομ λΠϜελϯϓ φϯε ϒϩοΫͷϋογϡ GFCGEFGEGEECCDEF CFC ͻͨ͢Βม͑ͯ ϒϩοΫϋογϡΛܭࢉ 59 59 59 59 59 59

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ϒϩοΫ͸લͷϒϩοΫΛϋογϡϙΠϯλͰࢀরͯ͠ (FOFTJT#MPDL ͔Β࠷৽ͷϒϩοΫ·Ͱܨ͕͍ͬͯΔ ్தͷϒϩοΫʹऔΓࠐ·Ε͍ͯΔτϥϯβΫγϣϯͷத਎Λมߋ͢Δʹ͸ɺϒϩοΫͷ࡞Γ௚͠ͱޙଓͷϒϩοΫΛ࡞ Γ௚͞ͳ͚Ε͹ͳΒͳ͍ w ϏοτͰ΋ม͑Δͱɺϋογϡ஋͕શ͘ҟͳΔͷͱɺϒϩοΫΛ࡞Γ௚͢ϚΠχϯά΋ඞཁͰɺվ͟Μ͸ࠔ೉ ϒϩοΫνΣʔϯ 22 ࢀর ࢀর ࢀর ࢀর ࢀর ࢀর 59 59 59 59 59 59 59 ᶃվ͟Μ͍ͨ͠ ᶄϒϩοΫ࡞Γ௚͠ ͜Ε͚ͩͰ΋େม ᶅޙଓͷϒϩοΫ࡞Γ௚͠ ͘͢͝େม ௕͍ϒϩοΫΛ ਖ਼౰ͱΈͳ͢ ᶆݱࡏͷϒϩοΫνΣʔϯ ΑΓ΋௕͘͢Δ

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೉қ౓ௐ੔ͱใु ϒϩοΫͷϋογϡ಄/ܻ͕Ͱ͋Δ͔ʢ೉қ౓ʣ͸ϒϩοΫ͔͔ͬͨ࣌ؒΛ ෼ ೔िؒ ͱൺֱܾͯ͠Ί Δ ̍ϒϩοΫ࡞Δͷʹฏۉ෼ ೉қ౓Λ্͛Δʹ͸಄ͷͷܻ਺Λ૿΍͢ɺ೉қ౓ΛԼ͛ΔͳΒݮΒ͢ ੒ޭ֬཰͸?/ʢ/ɿܻ਺ɺϋογϡ͸ਐ਺ʣ ϒϩοΫใु͸ (FOFTJT#MPDL ͕#5$ɺ Ͱ#5$ɺ Ͱ#5$ɺ Ͱ#5$ͱ͍ ͏Α͏ʹ ϒϩοΫ͝ͱʹใु൒ݮ ໿̐೥ʹ̍ճՆقޒྠͷ೥ͷՆࠒʹ൒ݮ͢Δ w ೥݄ʹ Ͱ#5$ʹ ϏοτίΠϯΛ৽نൃߦ͍ͯ͠Δ ೥ʹ৽نൃߦ͕ऴΘΓɺ૯ֹສ#5$ͱͳΔ ݶΓ͋Δۚ ΰʔϧυ ͷ࠾۷ ϚΠχϯά ʹͳͧΒ͑ͯϒϩοΫੜ੒࡞ۀͷΛϚΠχϯάͱݺͿ σϑϨܕ௨՟ͳͷͰɺର๏ఆ௨՟Ͱ#5$Ձ֨͸্͕͍ͬͯ͘܏޲ʹ͋Δ 23

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ωοτϫʔΫख਺ྉͷҙຯ ϚΠφʔ͕ঝೝͰ͖Δσʔλྔʹ͸ݶΓ͕͋ΔʢϒϩοΫ.#ʣ ωοτϫʔΫख਺ྉΛ՝͢͜ͱʹΑͬͯɺωοτϫʔΫ্ͷσʔλྔΛ཈੍͢Δ͜ͱ͕Ͱ͖Δ ख਺ྉ͸σʔλαΠζʹൺྫ τϥϯβΫγϣϯͷ*/165਺ɺ065165਺͕ଟ͚Ε͹σʔλαΠζ͸େ͖͘ͳΔ ख਺ྉ͸ωοτϫʔΫͷࠞࡶ౓߹͍ʹӨڹ͞ΕΔ ର๏ఆ௨՟ͷՁ֨ͱ͸௚઀ؔ܎ͳ͍͕ɺՁ্͕͕֨ΔͱऔҾ਺͕૿͑ΔͨΊख਺ྉ͸্ঢ͠ɺՁ͕֨҆ఆ͍ͯ͠Δ࣌͸ख ਺ྉ͕͍҆ ࢢ৔ͷݪཧʹΑͬͯ໨͕҆Θ͔Δ ͲͷτϥϯβΫγϣϯΛϒϩοΫʹऔΓࠐΉ͔͸ϚΠφʔ͕ࣗ༝ʹܾΊΒΕΔ ϚΠχϯά΋ϏδωεͳͷͰɺख਺ྉͷߴ͍59͕༏ઌͯ͠औΓࠐ·ΕΔ ૹۚऀ͕෷͏ ిࢠܾࡁͷΑ͏ʹళฮଆ डऔଆෛ୲ ͕Ͱ͖ͳ͍ 24

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ใुͷҙຯ ΠϯηϯςΟϒ͕͋Δ͜ͱͰɺϚΠχϯάͱ͍͏ӡ༻΁ͷࢀՃΛଅ͢ ϚΠφʔ͕૿͑ɺϋογϡύϫʔ͕େ͖͘ͳΔͱɺϏοτίΠϯωοτϫʔΫͷηΩϡϦςΟ͕૿͢ w ੈքதͷεʔύʔίϯϐϡʔλ͕ଋʹͳͬͯ΋ϏοτίΠϯωοτϒϩοΫνΣʔϯΛվ͟ΜͰ͖ͳ͍ ϒϩοΫʹؚ·ΕΔτϥϯβΫγϣϯͷख਺ྉ΋ϚΠφʔ͕΋Β͑Δ ϒϩοΫใु৽نൃߦ ˞ Є ϒϩοΫதͷ59ख਺ྉ ˞ݱࡏ͸#5$ɺ ϒϩοΫ·Ͱɻ೥݄ɺ ϒϩοΫ͔Β#5$ 25 ϒϩοΫ 59 59 59 59 59 59 5SBOTBDUJPO 59 */165 065165 ΞϦεˠϘϒ #5$ ΩϟϩϧˠΞϦε #5$ ΞϦεˠΞϦε ͓௼Γ #5$ σϏοτˠΞϦε #5$ ܭ#5$ ܭ#5$ ϚΠφʔ ωοτϫʔΫख਺ྉ #5$ ˞59ʹهࡌ͸ͳ͍ $PJOCBTF59 ใुΛࣗ෼΁

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ϚΠχϯάͷϏδωεԽ ϚΠχϯάʹ͸େن໛ͳࢿຊ͕౤Լ͞ΕɺҰେϏδωεʹʂ ੲ͸ݸਓͰϚΠχϯάͰ͖͕ͨɺ͍·Ͱ͸ݸਓͰ͸ଠ౛ଧͪͰ͖ͳ͍Ϩϕϧʹͳ͍ͬͯΔ ϚΠχϯάϚγϯΛฒ΂ͨࢪઃ͸ϚΠχϯάϑΝʔϜͱ͍ΘΕɺ޻৔ͷΑ͏ͳେن໛ͳࢪઃ ϚΠχϯάใु֫ಘͷͨΊʹɺܹ͍͠ϚΠχϯάڝ૪ 26 ੈք࠷େखͷϚΠχϯάϑΝʔϜ#JUNBJO

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ϊʔυɾ΢ΥϨοτͷछྨ ϑϧϊʔυ͸11ωοτϫʔΫʹྲྀΕΔτϥϯβΫγϣϯͱϒϩοΫΛݕূ͠ɺਖ਼͍͠ܗࣜͷ΋ͷ͸ࣗϊʔυऔΓࠐΉ աڈ͔ΒશͯͷτϥϯβΫγϣϯʢऔҾཤྺʣͱϒϩοΫΛ࣋ͭ શͯͷσʔλΛ࣋ͭʹ͸ॏ͗͢ΔͷͰɺϒϩοΫϔομͱࣗ෼ͷ΢ΥϨοτʹؔ܎͢ΔऔҾͷΈΛ࣋ͭܰྔ΢ΥϨοτ ʮ417ϊʔυʗ΢ΥϨοτʯ͕͋Δ औҾͷݕূ͸ਖ਼֬ʹͰ͖ͳ͍ ࣗ෼ͷϊʔυΛ࣋ͨͣʹૹۚͷͰ͖Δ8FC΢ΥϨοτ΋͋Δ͕ɺηΩϡϦςΟతʹ஫ҙ͕ඞཁ ෺ཧతͳૢ࡞ΛߦΘͳ͍ͱૹ͕ۚͰ͖ͳ͍ηΩϡϦςΟ͕ߴ͍ϋʔυ΢ΣΞ΢ΥϨοτ΋͋Δ ϞόΠϧ΢ΥϨοτ͸ɺϞόΠϧΞϓϦʹൿີ伴͕ೖ͍ͬͯͯૹ͕ۚͰ͖Δ େۚ͸ஔ͘΂͖Ͱ͸ͳ͍ 27

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4JNQMJ fi FE1BZNFOU7FSJ fi DBUJPO 417ϊʔυ ΢ΥϨοτʹؔ܎͋ΔτϥϯβΫγϣϯͱϒϩοΫϔομͷΈऔಘ શͯͷτϥϯβΫγϣϯ͸֨ೲ͠ͳ͍ #JUDPJO$PSF CJUDPJOE Λ΢ΥϨοτػೳ༗ޮͰՔಇͤ͞Δͱ417Ϟʔυ ىಈΦϓγϣϯʹUYJOEFYΛ෇͚ΔͱશͯͷτϥϯβΫγϣϯ΋֨ೲ͢ΔϑϧϊʔυϞʔυ ϑϧϊʔυʹൺ΂ͯɺαʔόʔͷσΟεΫ࢖༻ྔΛ࡟ݮͰ͖Δ -JHIUOJOH/FUXPSLͷϞόΠϧΞϓϦͰ࢖༻͞ΕΔ͜ͱ΋ଟ͍ 28

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ϒϩοΫνΣʔϯΤΫεϓϩʔϥ ࣗ෼ͰϊʔυΛ࣋ͨͳͯ͘΋શͯͷऔҾͱϒϩοΫΛՄࢹԽͰ͖ΔϒϩοΫνΣʔϯΤΫεϓϩʔϥ͕͋Δ IUUQTNFNQPPMTQBDFKB ༷ʑͳ։ൃݩ͔ΒϒϩοΫνΣʔϯΤΫεϓϩʔϥ͕ఏڙ͞Ε͍ͯΔ 29

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ςετωοτ ϝΠϯωοτ ςετωοτ ಠཱ ຊ෺ͷϏοτίΠϯ͕ྲྀ௨͢ΔωοτϫʔΫ͕ϝΠϯωοτ NBJOOFU ɺ։ൃ࣌ͳͲʹຊ෺ͷϏοτίΠϯΛ࢖༻͠ͳͯ͘ ΋͍͍Α͏ʹɺςετωοτ UFTUOFU ͕༻ҙ͞Ε͍ͯ·͢ɻςετωοτ΋ύϒϦοΫͳωοτϫʔΫͰɺϝΠϯωοτͱ ͸ಠཱͨ͠ωοτϫʔΫͰ͢ɻ 30

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φΧϞτ࿦จൃදޙͷ#JUDPJOՔಇ ೥݄೔ 65$ ʹ#JUDPJOՔಇ (FOFTJT#MPDL%BZ IUUQTCMPDLTUSFBNJOGPCMPDL EDBFF ff BFBBDCGCBDFG ϑϧϊʔυͷϒϩοΫ໨ΛݟΔͱVOJYUJNF͸Ͱ͔֬ʹ65$ 5IFHFOFTJTCMPDLDPJOCBTFJTOPUDPOTJEFSFEBOPSEJOBSZUSBOTBDUJPOBOEDBOOPUCFSFUSJFWFE w HFOFTJTCMPDLͷ$PJOCBTF5SBOTBDUJPOͷத਎͸औಘͰ͖ͳ͍ w IUUQTCMPDLTUSFBNJOGPUY BFFCBBCGBBDCDGGFDDBCCBGEFEBC 31

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ϒϩοΫͷঝೝ਺ ঝೝ਺͕ଟ͚Ε͹ଟ͍΄Ͳ෴Γʹ͍͘ʢ֬཰తϑΝΠφϦςΟʣ 32 TX Memory Pool(mempool) TX ࠷৽ϒϩοΫ ະঝೝʢ̌ঝೝɿ0 Confirmation) TX Memory Pool(mempool) TX ࠷৽ϒϩοΫ 1ঝೝɿ1 Confirmation ࣗ෼ͷૹۚTX TX ࣗ෼ͷૹۚTX TX Memory Pool(mempool) TX ࠷৽ϒϩοΫ 6ঝೝɿ6 Confirmationʢ঎औҾͰΑ͘࢖ΘΕΔঝೝ਺ʣ TX ࣗ෼ͷૹۚTX ະঝೝTX(τϥϯβΫγϣϯ) ؚ͕·ΕΔ ϚΠφʔใु͸ঝೝ͞ΕΔ·ͰϩοΫ͞Ε͍ͯͯɺͦΕ·Ͱ࢖༻Ͱ͖ͳ͍

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ϏοτίΠϯͷख਺ྉ ϒϩοΫੜ੒ͰಘΒΕΔϏοτίΠϯใुͱख਺ྉͷྫ ͷ৔߹͸ɺϒϩοΫใुख਺ྉ߹ܭ#5$ IUUQTNFNQPPMTQBDFKBCMPDLCCCBEEDECFEEEG 33 ࢛ࣺޒೖ ͞Εͨ஋ ਖ਼֬ͳ஋

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ϒϩοΫνΣʔϯ ೋॏࢧ෷͍ΛແޮԽ͢Δखஈ ೋॏࢧ෷͍͸Ͱ͖Δ͕ɺϒϩοΫʹࡌΒͳ͚Ε͹ແޮ ϒϩοΫνΣʔϯ͸ࣄޙঝೝͷζϧ͍γεςϜ ͔ͩΒɺγεςϜμ΢ϯ͠ͳ͍ τϥϯβΫγϣϯΛେྔʹྲྀͯ͠ωοτϫʔΫͷෛՙΛ্͛ͯ΋ɺ஗Ԇ͕ى͜Δ͚ͩͰམͪͳ͍ தԝ؅ཧ͞ΕͨγεςϜͩͱɺ%#Ͱॱ൪ʹॲཧ͢ΔͨΊɺॲཧ͕٧·ΔͱམͪΔ 34

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ϏοτίΠϯͷϢʔεέʔε ҿ৯ళͰ΋౦ژΛத৺ʹԾ૝௨՟ܾࡁՄೳͳళ͕͋Δ ࿡ຊ໦ͷόʔʮ5XP%PHT5BQSPPNʯͰ͸ΫϥϑτϏʔϧ΍ੴ༼Ͱম͔Εͨຊ֨1J[[BΛָ͠ΊΔ 35

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ࢀߟจݙ #JUDPJO"1FFSUP1FFS&MFDUSPOJD$BTI4ZTUFN IUUQTCJUDPJOPSHCJUDPJOQEG #JUDPJO"1FFSUP1FFS&MFDUSPOJD$BTI4ZTUFN೔ຊޠ༁ IUUQTCJUDPJOPSH fi MFTCJUDPJOQBQFSCJUDPJO@KQQEG ϏοτίΠϯ࿦จ͔Β͙͞ΔϒϩοΫνΣʔϯͷώϯτ IUUQTXXXPHJTSJDPKQPUDIJSPCBUFDIOJDBMCJUDPJOQBQFS ΞϯυϨΞεɾ.ɾΞϯτϊϓϩεஶࠓҪਸ໵ ോ֋३Ұ࿠༁ ʮϏοτίΠϯͱϒϩοΫνΣʔϯ҉߸௨՟Λࢧ͑Δٕज़ʯ/55ग़൛ ࢁ࡚ॏҰ࿠ ҆౔ໜږ ాதढ़ଠ࿠ஶ ʰϒϩοΫνΣʔϯɾϓϩάϥϛϯάԾ૝௨՟ೖ໳ʱߨஊࣾ ࢁ࡚ॏҰ࿠ ҆౔ໜږ ۚࢠ༤հ ௕ాൟ޾ஶ ʰϒϩοΫνΣʔϯٕज़֓࿦ཧ࿦ͱ࣮ફʱߨஊࣾ ϏοτόϯΫגࣜձࣾʰϒϩοΫνΣʔϯͷিܸʱฤूҕһձஶ അᔹ๜ඒ؂मʰϒϩοΫνΣʔϯͷিܸʱ೔ܦ#1ࣾ 36

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೔ຊੜ੒"*Ϣʔβձ -BOHDIBJOͱ͍͏ϓϩάϥϛϯάϥΠϒϥϦ΍$IBU(15౳--.ͷ"1*Λ࢖ͬͯɺ ੜ੒"*ɺ--. େن໛ݴޠϞσϧ ͷ࢖͍ํΛֶͿٕज़ษڧձ ݄೔ ۚ ʙੜ੒"*ΞϓϦέʔγϣϯ։ൃೖ໳ϋϯζΦϯ -BOH$IBJO1ZUIPO൛Λ࢖༻͠ɺ؆୯ͳνϟοτϘοτΛ։ൃ IUUQTHFOBJVTFSTDPOOQBTTDPNFWFOU ϋϯζΦϯɺ࿦จಡղΛଟΊʹߦ͍͖͍ͬͯͨͱࢥ͍·͢ ͠͹Βͨ͘͠Βొஃऀืू΋͍͖ͯ͠·͢ ߨٛܗࣜͷൃද΋0,Ͱ͢ 37 DPOOQBTTͷ άϧʔϓొ࿥͓ئ͍͠·͢ʂ IUUQTHFOBJVTFSTDPOOQBTTDPN