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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…

Cryptography and Security · Computer Science 2016-08-25 Alexander Chepurnoy , Mario Larangeira , Alexander Ojiganov

Bitcoin is the first implementation of what has become known as a 'public permissionless' blockchain. Guaranteeing security and protocol conformity through its elegant combination of cryptographic assurances and game theoretic economic…

Cryptography and Security · Computer Science 2018-02-23 D. McGinn , D McIlwraith , Y. Guo

Today there is considerable interest in deploying blockchains and decentralized ledger technology as a means to address the deficiencies of current financial and digital asset infrastructures. The focal point of attention in many projects…

Cryptography and Security · Computer Science 2021-10-26 Denis Avrilionis , Thomas Hardjono

Blockchain is currently one of the fastest-growing technologies in the field of Computer Science. It has found a prevalent use in financial applications like cryptocurrency, for example, Bitcoin and Ethereum. They have been able to bring an…

Cryptography and Security · Computer Science 2021-07-30 Keenu Chandra , Maroof Mushtaq , Nalini N

Collaborative cybersecurity relies on organizations sharing information to boost security, but trust management is a key concern. Decentralized solutions like distributed ledgers, particularly blockchain, are crucial for eliminating single…

Cryptography and Security · Computer Science 2024-03-08 Loïc Miller , Marc-Oliver Pahl

Modern blockchain systems are a fresh look at the paradigm of distributed computing, applied under assumptions of large-scale public networks. They can be used to store and share information without a trusted central party. There has been…

Databases · Computer Science 2018-03-19 Sara Cohen , Aviv Zohar

Bandwidth limitation is the major bottleneck that hinders scaling throughput of proof-of-work blockchains. To guarantee security, the mining rate of the blockchain is determined by the miners with the lowest bandwidth, resulting in an…

Cryptography and Security · Computer Science 2024-07-24 Chunjiang Che , Songze Li , Xuechao Wang

We present an example where a distributed coordinated protocol supported by a blockchain-enabled monetary mechanism leads to achieving optimal information theoretic degrees of freedom gains. The considered setting is that of a linear…

Information Theory · Computer Science 2018-08-07 Aly El Gamal , Hesham El Gamal

Supply chain applications operate in a multi-stakeholder setting, demanding trust, provenance, and transparency. Blockchain technology provides mechanisms to establish a decentralized infrastructure involving multiple stakeholders. Such…

Cryptography and Security · Computer Science 2021-08-30 Gowri Sankar Ramachandran , Sidra Malik , Shantanu Pal , Ali Dorri , Volkan Dedeoglu , Salil Kanhere , Raja Jurdak

Blockchains offer a useful abstraction: a trustworthy, decentralized log of totally ordered transactions. Traditional blockchains have problems with scalability and efficiency, preventing their use for many applications. These limitations…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-06-20 Isaac Sheff , Xinwen Wang , Andrew C. Myers , Robbert van Renesse

Flexible resources in built environments are seen as a low-cost opportunity for delivering grid management services. Consequently, the centralised aggregator model, where the aggregator is used to bundle demand flexibility from flexible…

Cryptography and Security · Computer Science 2022-12-20 Samuel Karumba , Salil S. Kanhere , Raja Jurdak , Subbu Sethuvenkatraman

The sharing economy is centralizing services, leading to misuses of the Internet. We can list growing damages of data hacks, global outages and even the use of data to manipulate their owners. Unfortunately, there is no decentralized web…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-03-24 Deepal Tennakoon , Yiding Hua , Vincent Gramoli

Since 2016, sharding has become an auspicious solution to tackle the scalability issue in legacy blockchain systems. Despite its potential to strongly boost the blockchain throughput, sharding comes with its own security issues. To ease the…

Cryptography and Security · Computer Science 2024-06-05 Truc Nguyen , My T. Thai

Although the blockchain-based applications are considered to be less vulnerable due to the nature of the distributed ledger, they did not become the silver bullet with respect to securing the information against different security risks. In…

Cryptography and Security · Computer Science 2019-12-23 Mubashar Iqbal , Raimundas Matulevicius

The idea of security sharing goes back to Nakamoto's introduction of merge mining, a technique that enables Bitcoin miners to reuse their hash power to bootstrap and secure other Proof-of-Work (PoW) blockchains. However, with the rise of…

Cryptography and Security · Computer Science 2026-05-20 Xinshu Dong , Orfeas Stefanos Thyfronitis Litos , Ertem Nusret Tas , David Tse , Robin Linus Woll , Lei Yang , Mingchao Yu

Blockchains have shown great promise as peer-to-peer digital currency systems over the past 10 years. However, with increased popularity, the demand for processing transactions has also grown leading to increased costs, confirmation times,…

Cryptography and Security · Computer Science 2018-11-02 Karl J. Kreder

Technology has evolved over the years, making our lives easier. It has impacted the healthcare sector, increasing the average life expectancy of human beings. Still, there are gaps that remain unaddressed. There is a lack of transparency in…

Cryptography and Security · Computer Science 2022-09-27 Debendranath Das

Edge computing is a distributed computing paradigm that relies on computational resources of end devices in a network to bring benefits such as low bandwidth utilization, responsiveness, scalability and privacy preservation. Applications…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-04-23 Aleksandar Tošić , Jernej Vičič , Michael Mrissa

As known, blockchains are traditionally blind to the real world. This implies the reliance on third parties called oracles when extrinsic data is needed for smart contracts. However, reintroducing trust and single point of failure, oracles…

General Economics · Economics 2021-12-28 Giulio Caldarelli

Nowadays, blockchain is becoming a synonym for distributed ledger technology. However, blockchain is only one of the specializations in the field and is currently well-covered in existing literature, but mostly from a cryptographic point of…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-04-27 Federico Matteo Benčić , Ivana Podnar Žarko
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