  Blockchains and other public ledger structures promise a new way to create
globally consistent event logs and other records. We make use of this
consistency property to detect and prevent man-in-the-middle attacks in a key
exchange such as Diffie-Hellman or ECDH. Essentially, the MitM attack creates
an inconsistency in the world views of the two honest parties, and they can
detect it with the help of the ledger. Thus, there is no need for prior
knowledge or trusted third parties apart from the distributed ledger. To
prevent impersonation attacks, we require user interaction. It appears that, in
some applications, the required user interaction is reduced in comparison to
other user-assisted key-exchange protocols.
