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Blockchain, as the backbone technology of the current popular Bitcoin digital currency, has become a promising decentralized data management framework. Although blockchain has been widely adopted in many applications, e.g., finance,…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-04-13 Zehui Xiong , Yang Zhang , Dusit Niyato , Ping Wang , Zhu Han

A bitcoin covenant is a mechanism to enforce conditions on how the control of coins will be transferred in the future. This work introduces deleted-key covenants; using pre-signed transactions with secure key deletion. With this, a general…

Cryptography and Security · Computer Science 2020-07-01 Jacob Swambo , Spencer Hommel , Bob McElrath , Bryan Bishop

Stablecoins are one of the most widely capitalized type of cryptocurrency. However, their risks vary significantly according to their design and are often poorly understood. We seek to provide a sound foundation for stablecoin theory, with…

General Economics · Economics 2020-10-30 Ariah Klages-Mundt , Dominik Harz , Lewis Gudgeon , Jun-You Liu , Andreea Minca

Steganography is a solution for covert communication and blockchain is a p2p network for data transmission, so the benefits of blockchain can be used in steganography. In this paper, we discuss the advantages of blockchain in steganography,…

Cryptography and Security · Computer Science 2021-01-11 Omid Torki , Maede Ashouri-Talouki , Mojtaba Mahdavi

Sidechain technology has been envisioned as a promising solution to accelerate today's public blockchains in terms of scalability and interoperability. By relying on the mainchain for security, different sidechains can formulate their own…

Cryptography and Security · Computer Science 2019-11-19 Fangyu Gai , Cesar Grajales , Jianyu Niu , Mohammad Mussadiq Jalalzai , Chen Feng

Stablecoins promise to bridge fiat currencies with the world of cryptocurrencies. They provide a way for users to take advantage of the benefits of digital currencies, such as ability to transfer assets over the internet, provide assurance…

General Finance · Quantitative Finance 2019-10-23 Amani Moin , Emin Gün Sirer , Kevin Sekniqi

In the Zendoo whitepaper we introduced a novel SNARK-based construction that allows Bitcoin-like blockchains to create and communicate with sidechains of different types without knowing their internal structure. We also introduced a…

Cryptography and Security · Computer Science 2021-03-26 Alberto Garoffolo , Dmytro Kaidalov , Roman Oliynykov

To meet the ever-growing need for performance in silicon devices, SoC providers have been increasingly relying on software-hardware cooperation. By controlling hardware resources such as power or clock management from the software,…

Cryptography and Security · Computer Science 2021-11-03 Joseph Gravellier , Jean-Max Dutertre , Yannick Teglia , Philippe Loubet Moundi

Sidechain techniques improve blockchain scalability and interoperability, providing decentralized exchange and cross-chain collaboration solutions for Internet of Things (IoT) data across various domains. However, current state-of-the-art…

Cryptography and Security · Computer Science 2024-12-18 Lingxiao Yang , Xuewen Dong , Zhiguo Wan , Sheng Gao , Wei Tong , Di Lu , Yulong Shen , Xiaojiang Du

Blockchain is a continuously developing technology that has made digital transactions and related computing operations more transparent and secure through globally distributed and decentralized management of states, as well as the strong…

Cryptography and Security · Computer Science 2021-03-29 Neo C. K. Yiu

Blockchain technology is an interlinked systematic chain of blocks that contains transaction history and other user data. It works under the principle of decentralized distributed digital ledger. This technology enables cryptographically…

Cryptography and Security · Computer Science 2020-12-25 AKM Bahalul Haque , Mahbubur Rahman

In the cryptographic currency Bitcoin, all transactions are recorded in the blockchain - a public, global, and immutable ledger. Because transactions are public, Bitcoin and its users employ obfuscation to maintain a degree of financial…

Computers and Society · Computer Science 2017-06-30 Arvind Narayanan , Malte Möser

Bitcoin is the world's first decentralized digital currency. Its main technical innovation is the use of a blockchain and hash-based proof of work to synchronize transactions and prevent double-spending the currency. While the qualitative…

Cryptography and Security · Computer Science 2014-02-12 Meni Rosenfeld

An atomic cross-chain swap is a distributed coordination task where multiple parties exchange assets across multiple blockchains, for example, trading bitcoin for ether. An atomic swap protocol guarantees (1) if all parties conform to the…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-05-21 Maurice Herlihy

We give an explicit definition of decentralization and show you that decentralization is almost impossible for the current stage and Bitcoin is the first truly noncentralized currency in the currency history. We propose a new framework of…

Computational Engineering, Finance, and Science · Computer Science 2016-09-12 Xiaochao Qian

Heretofore the concept of "blockchain" has not been precisely defined. Accordingly the potential useful applications of this technology have been largely inflated. This work sidesteps the question of what constitutes a blockchain as such…

Databases · Computer Science 2017-03-14 S. Matthew English , Ehsan Nezhadian

More than ten years ago the blockchain was acclaimed as the solution to overcome centralised trusted third parties for online payments. Through the years the crypto-movement changed and evolved, although decentralisation remained the core…

Blockchain is a decentralized transaction and data management solution, the technological weapon-of-choice behind the success of Bitcoin and other cryptocurrencies. As the number and variety of existing blockchain implementations continues…

Cryptography and Security · Computer Science 2018-12-24 Martin Garriga , Maximiliano Arias , Alan De Renzis

Stablecoins, which are primarily intended to function as a global reserve of value are insubstantial in their design and present many failure points. The primary mechanism to enable these coins to hold on to a fixed value is by backing them…

Computer Science and Game Theory · Computer Science 2024-09-01 Souradeep Das , Revathi Venkataraman

The world of cryptocurrency is not transparent enough though it was established for innate transparent tracking of capital flows. The most contributing factor is the violation of securities laws and scam in Initial Coin Offering (ICO) which…

General Finance · Quantitative Finance 2018-09-11 Sheikh Rabiul Islam