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Micropayment channels are the most prominent solution to the limitation on transaction throughput in current blockchain systems. However, in practice channels are risky because participants have to be online constantly to avoid fraud, and…

Cryptography and Security · Computer Science 2018-12-03 Georgia Avarikioti , Felix Laufenberg , Jakub Sliwinski , Yuyi Wang , Roger Wattenhofer

We use historical data to estimate the potential benefit of speculative techniques for executing Ethereum smart contracts in parallel. We replay transaction traces of sampled blocks from the Ethereum blockchain over time, using a simple…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-01-23 Vikram Saraph , Maurice Herlihy

Secure multi-party computation provides a wide array of protocols for mutually distrustful parties be able to securely evaluate functions of private inputs. Within recent years, many such protocols have been proposed representing a plethora…

Cryptography and Security · Computer Science 2023-11-16 Kenneth Goss

The state-of-the-art techniques for processing cross-blockchain transactions take a simple centralized approach: when the assets on blockchain $X$, say $X$-coins, are exchanged with the assets on blockchain $Y$---the $Y$-coins, those…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-08-20 Dongfang Zhao

Learning from data owned by several parties, as in federated learning, raises challenges regarding the privacy guarantees provided to participants and the correctness of the computation in the presence of malicious parties. We tackle these…

Cryptography and Security · Computer Science 2022-10-31 César Sabater , Aurélien Bellet , Jan Ramon

Secure multi-party computation (MPC) is a broad cryptographic concept that can be adopted for privacy-preserving computation. With MPC, a number of parties can collaboratively compute a function, without revealing the actual input or output…

Cryptography and Security · Computer Science 2020-04-24 Zhou Ni , Rujia Wang

Electing democratic representatives via voting has been a common mechanism since the 17th century. However, these mechanisms raise concerns about fairness, privacy, vote concealment, fair calculations of tally, and proxies voting on their…

Cryptography and Security · Computer Science 2021-02-23 Sankarshan Damle , Sujit Gujar , Moin Hussain Moti

Modern cryptocurrency systems, such as Ethereum, permit complex financial transactions through scripts called smart contracts. These smart contracts are executed many, many times, always without real concurrency. First, all smart contracts…

Distributed, Parallel, and Cluster Computing · Computer Science 2017-02-16 Thomas Dickerson , Paul Gazzillo , Maurice Herlihy , Eric Koskinen

We consider game-theoretically secure distributed protocols for coalition games that approximate the Shapley value with small multiplicative error. Since all known existing approximation algorithms for the Shapley value are randomized, it…

Computer Science and Game Theory · Computer Science 2024-12-30 T-H. Hubert Chan , Qipeng Kuang , Quan Xue

The rise of smart contract systems such as Ethereum has resulted in a proliferation of blockchain-based decentralized applications including applications that store and manage a wide range of data. Current smart contracts are designed to be…

Cryptography and Security · Computer Science 2019-02-26 Chao Li , Balaji Palanisamy , Runhua Xu

Smart contracts are computer programs that can be consistently executed by a network of mutually distrusting nodes, without the arbitration of a trusted authority. Because of their resilience to tampering, smart contracts are appealing in…

Cryptography and Security · Computer Science 2018-06-21 Massimo Bartoletti , Livio Pompianu

This paper presents an efficient fair document exchange protocol. The exchange of the documents will be between two parties. The protocol is based on the verifiable and recoverable encryption of a document's key. This verifiable and…

Cryptography and Security · Computer Science 2012-04-10 Abdullah M. Alaraj

This paper presents an optimal peer-to-peer (P2P) energy transaction mechanism leveraging decentralized blockchain technology to enable a secure and scalable retail electricity market for the increasing penetration of distributed energy…

Systems and Control · Electrical Eng. & Systems 2026-01-01 Antar Kumar Biswas , Masoud H. Nazari

In this paper, we construct a decentralized clearing mechanism which endogenously and automatically provides a claims resolution procedure. This mechanism can be used to clear a network of obligations through blockchain. In particular, we…

Risk Management · Quantitative Finance 2022-01-11 Hamed Amini , Maxim Bichuch , Zachary Feinstein

This study examines a resource-sharing problem involving multiple parties that agree to use a set of capacities together. We start with modeling the whole problem as a mathematical program, where all parties are required to exchange…

Optimization and Control · Mathematics 2024-01-08 Utku Karaca , Nursen Aydin , Sinan Yildirim , S. Ilker Birbil

The Dependent Chip Model (DCM) is proposed as an alternative to the Independent Chip Model (ICM) usually employed in poker tournament negotiations. DCM constitutes a recursive exploration of a multiplayer Texas hold'em poker game tree…

Computer Science and Game Theory · Computer Science 2021-02-16 E. Besalú

We present cryptocurrency-based lottery protocols that do not require any collateral from the players. Previous protocols for this task required a security deposit that is $O(N^2)$ times larger than the bet amount, where $N$ is the number…

Cryptography and Security · Computer Science 2017-02-14 Andrew Miller , Iddo Bentov

Bitcoin and Ethereum, whose miners arguably collectively comprise the most powerful computational resource in the history of mankind, offer no more power for processing and verifying transactions than a typical smart phone. The system…

Cryptography and Security · Computer Science 2019-08-14 Jason Teutsch , Christian Reitwießner

Motivated by the markets operating on fast time scales, we present a framework for online coalitional games with time-varying coalitional values and propose real-time payoff distribution mechanisms. Specifically, we design two online…

Systems and Control · Electrical Eng. & Systems 2023-01-31 Aitazaz Ali Raja , Sergio Grammatico

The last decade has experienced a vast interest in Blockchain-based cryptocurrencies with a specific focus on the applications of this technology. However, slow confirmation times of transactions and unforeseeable high fees hamper their…

Cryptography and Security · Computer Science 2020-12-15 Suat Mercan , Enes Erdin , Kemal Akkaya