Related papers: Sidecoin: a snapshot mechanism for bootstrapping a…
We propose a novel sidechain construction tailored to be compatible with the Horizen blockchain and designed for conducting secure and decentralized cross-chain transfers without requiring the mainchain nodes to track sidechains to verify…
Cryptocurrency refers to a type of digital asset that uses distributed ledger, or blockchain, technology to enable a secure transaction. Although the technology is widely misunderstood, many central banks are considering launching their own…
Sidechains are an appealing innovation devised to enable blockchain scalability and extensibility. The basic idea is simple yet powerful: construct a parallel chain -- sidechain -- with desired features, and provide a way to transfer coins…
Blockchain is a decentralized ledger used to securely exchange digital currency, perform deals and transactions efficient manner, each user of the network has access to the least copy of the encrypted ledger so that they can validate a new…
There appears to be an insatiable desire for spawning new bespoke blockchains to harness the functionality provided by blockchain technologies, resulting in a constant stream of blockchain start-up companies entering the market with their…
In the Zendoo white paper, we introduced a novel sidechain construction for Bitcoin-like blockchains, which allows a mainchain to create and communicate with sidechains of different types without knowing their internal structure. In this…
Current cryptocurrencies, starting with Bitcoin, build a decentralized blockchain-based transaction ledger, maintained through proofs-of-work that also generate a monetary supply. Such decentralization has benefits, such as independence…
Blockchain is a core technology to manage the value of cryptocurrencies, or to record trails of important business trades. The Smart Contract on blockchain is expected to improve security on blockchain system with automated operation, but…
Public blockchains such as Ethereum and Bitcoin do not give enterprises the privacy they need for many of their business processes. Consequently consortiums are exploring private blockchains to keep their membership and transactions…
Blockchain, the backbone of Bitcoin, has recently gained a lot of attention. Blockchain functions as an immutable record that enables decentralized transactions. Blockchain-based applications are sprouting up in a variety of industries,…
Popular cryptocurrencies continue to face serious scalability issues due to their ever-growing blockchains. Thus, modern blockchain designs began to prune old blocks and rely on recent snapshots for their bootstrapping processes instead.…
A cryptocurrency is a decentralized digital currency that is designed for secure and private asset transfer and storage. As a currency, it should be difficult to counterfeit and double-spend. In this paper, we review and analyze the major…
In certain Blockchain systems, multiple Blockchains are required to operate cooperatively for security, performance, and capacity considerations. This invention defines a cross-chain mechanism where a main Blockchain issues the tokens,…
Cryptocurrencies and blockchain technology provide an innovative model for reshaping digital services. Driven by the movement toward Web 3.0, recent systems started to provide distributed services, such as computation outsourcing or file…
Cryptocurrencies have garnered a lot of attention by governments and internet enthusiasts over the past three years. These currencies are celebrated for their security and speedy transactions in a modern era of digital commerce. Bitcoin was…
A blockchain is an append-only linked-list of blocks, which is maintained at each participating node. Each block records a set of transactions and their associated metadata. Blockchain transactions act on the identical ledger data stored at…
A Unitychain is a novel blockchain-like structure that drastically improves transaction scalability and security while maintaining ongoing network performance, even if participating nodes are required to perform a new Distributed Key…
A Coordination Blockchain is a blockchain with the task of coordinating activities of multiple private blockchains. This paper discusses the pros and cons of using Ethereum MainNet, the public Ethereum blockchain, as a Coordination…
Blockchains are tamper evident and tamper resistant digital ledgers implemented in a distributed fashion (i.e., without a central repository) and usually without a central authority (i.e., a bank, company, or government). At their basic…
Bitcoin is the first successful decentralized global digital cash system. Its mining process requires intense computational resources, therefore its usefulness remains a disputable topic. We aim to solve three problems with Bitcoin and…