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Bitcoin provides freshness properties by forming a blockchain where each block is associated with its timestamp and the previous block. Due to these properties, the Bitcoin protocol is being used as a decentralized, trusted, and secure…

Cryptography and Security · Computer Science 2018-05-21 Pawel Szalachowski

Traditional blockchain design gives miners or validators full control over transaction ordering, i.e., they can freely choose which transactions to include or exclude, as well as in which order. While not an issue initially, the emergence…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-12-19 Andrei Constantinescu , Diana Ghinea , Lioba Heimbach , Zilin Wang , Roger Wattenhofer

This paper presents a complete formal specification, protocol description, and mathematical proof structure for Simplified Payment Verification (SPV) as originally defined in the Bitcoin whitepaper \cite{nakamoto2008}. In stark contrast to…

Cryptography and Security · Computer Science 2025-07-02 Craig S Wright

Modern web applications often rely on third-party services to provide their functionality to users. The secure integration of these services is a non-trivial task, as shown by the large number of attacks against Single Sign On and…

Cryptography and Security · Computer Science 2021-01-18 Lorenzo Veronese , Stefano Calzavara , Luca Compagna

Modern information and communication technologies used by smart grids are subject to cybersecurity threats. This paper studies the impact of integrity attacks on real-time pricing (RTP), a key feature of smart grids that uses such…

Cryptography and Security · Computer Science 2016-02-10 Rui Tan , Varun Badrinath Krishna , David K. Y. Yau , Zbigniew Kalbarczyk

In this report, we present our approach for protocol analysis together with a real example where we find an important flow in a contemporary wireless sensor network security protocol. We start by modelling protocols using a specific process…

Cryptography and Security · Computer Science 2012-05-31 Ender Yüksel

Blockchain systems and smart contracts provide ways to securely implement multi-party transactions without the use of trusted intermediaries, which currently underpin many commercial transactions. However, they do so by transferring trust…

Logic in Computer Science · Computer Science 2018-11-16 Ron van der Meyden

This paper examines the dynamics of the cryptocurrency market and proposes a novel blockchain-based protocol for real estate transactions. Our analysis includes a detailed review of price trends, volatility, and correlations within the…

Enterprise Application Integration deals with the problem of connecting heterogeneous applications, and is the centerpiece of current on-premise, cloud and device integration scenarios. For integration scenarios, structurally correct…

Software Engineering · Computer Science 2024-02-20 Daniel Ritter , Fredrik Nordvall Forsberg , Stefanie Rinderle-Ma

Banks routinely use neural networks to make decisions. While these models offer higher accuracy, they are susceptible to adversarial attacks, a risk often overlooked in the context of event sequences, particularly sequences of financial…

The blockchain constitutes a technology-based, rather than social or regulation based, means to lower uncertainty about one another in order to exchange value. However, its use may very well also lead to increased complexity resulting from…

Computers and Society · Computer Science 2018-01-09 Henry Kim , Marek Laskowski

The sumcheck protocol, introduced in 1992, is an interactive proof which is a key component of many probabilistic proof systems in computational complexity theory and cryptography, some of which have been deployed. However, none of these…

Cryptography and Security · Computer Science 2024-02-12 Azucena Garvía Bosshard , Jonathan Bootle , Christoph Sprenger

People and companies move money with every financial transaction they make. We aim to understand how such activity gives rise to large-scale patterns of monetary flow. In this work, we trace the movement of e-money through the accounts of a…

Physics and Society · Physics 2019-10-15 Carolina Mattsson

Smart contracts are programs that are executed on a blockhain. They have been used for applications in voting, decentralized finance, and supply chain management. However, vulnerabilities in smart contracts have been abused by hackers,…

Programming Languages · Computer Science 2021-10-19 Timothy Mou , Michael Coblenz , Jonathan Aldrich

Smart contracts are programs running on cryptocurrency (e.g., Ethereum) blockchains, whose popularity stem from the possibility to perform financial transactions, such as payments and auctions, in a distributed environment without need for…

Cryptography and Security · Computer Science 2018-04-24 Ilya Grishchenko , Matteo Maffei , Clara Schneidewind

Side-channel attacks are an unpredictable risk factor in cryptography. Therefore, continuous observations of physical leakages are essential to minimise vulnerabilities associated with cryptographic functions. Lightweight cryptography is a…

Cryptography and Security · Computer Science 2021-06-30 Nilupulee A. Gunathilake , Ahmed Al-Dubai , William J. Buchanan , Owen Lo

The growing volumes of data being collected and its analysis to provide better services are creating worries about digital privacy. To address privacy concerns and give practical solutions, the literature has relied on secure multiparty…

Cryptography and Security · Computer Science 2022-06-27 Nishat Koti , Shravani Patil , Arpita Patra , Ajith Suresh

Bitcoin is a popular digital currency for online payments, realized as a decentralized peer-to-peer electronic cash system. Bitcoin keeps a ledger of all transactions; the majority of the participants decides on the correct ledger. Since…

Logic in Computer Science · Computer Science 2015-11-16 Kaylash Chaudhary , Ansgar Fehnker , Jaco van de Pol , Marielle Stoelinga

Credit and debit cards, rather than actual money, have become the universal payment means. With these cards, it has become possible to buy expensive items easily without an additional complex authentication procedure being conducted.…

Cryptography and Security · Computer Science 2013-06-25 Chae Chang Lee , Ji Won yoon

Public blockchains provide a decentralized method for storing transaction data and have many applications in different sectors. In order for users to track transactions, a simple method is to let them keep a local copy of the entire public…

Cryptography and Security · Computer Science 2018-11-13 Lei Xu , Lin Chen , Zhimin Gao , Shouhuai Xu , Weidong Shi