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Related papers: Blockchain Consensus Protocols in the Wild

200 papers

Byzantine agreement, the underlying core of blockchain, aims to make every node in a decentralized network reach consensus. Classical Byzantine agreements unavoidably face two major problems. One is $1/3$ fault-tolerance bound, which means…

This master thesis deals with Blockchain Technology in mobile turn based peer to peer games. First, it investigates the capabilities of Blockchain Technology to be used for gaming applications. In this regard, among others,…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-04-18 Dominik Braun

Consensus algorithms provide strategies to solve problems in a distributed system with the added constraint that data can only be shared between adjacent computing nodes. We find these algorithms in applications for wireless and sensor…

Cryptography and Security · Computer Science 2016-11-15 Michel Toulouse , Hai Le , Cao Vien Phung , Denis Hock

Blockchains combine other technologies, such as cryptography, networking, and incentive mechanisms, to enable the creation, validation, and recording of transactions between participating nodes. A consensus algorithm is used in a blockchain…

Social and Information Networks · Computer Science 2021-09-01 Oladotun Aluko , Anton Kolonin

The rapid evolution of blockchain technology has brought together stakeholders from fundamentally different backgrounds. The result is a diverse ecosystem, as exemplified by the development of a wide range of different blockchain protocols.…

Cryptography and Security · Computer Science 2021-07-20 Stefanos Leonardos , Daniel Reijsbergen , Georgios Piliouras

In the light of the recent fame of Blockchain technologies, numerous proposals and projects aiming at better practical viability have emerged. However, formally assessing their particularities and benefits has proven to be a difficult task.…

Cryptography and Security · Computer Science 2019-06-13 Antoine Durand , Elyes Ben-Hamida , David Leporini , Gérard Memmi

Interoperation for data sharing between permissioned blockchain networks relies on networks' abilities to independently authenticate requests and validate proofs accompanying the data; these typically contain digital signatures. This…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-07-16 Bishakh Chandra Ghosh , Venkatraman Ramakrishna , Chander Govindarajan , Dushyant Behl , Dileban Karunamoorthy , Ermyas Abebe , Sandip Chakraborty

Blockchain and distributed ledger technologies are gaining the interest of the academy, companies, and institutions. Nonetheless, the path toward blockchain adoption is not straightforward, as blockchain is a complex technology that…

Cryptography and Security · Computer Science 2022-10-27 Vittorio Capocasale , Guido Perboli

In the given technology-driven era, smart cities are the next frontier of technology, aiming at improving the quality of people's lives. Many research works focus on future smart cities with a holistic approach towards smart city…

Cryptography and Security · Computer Science 2021-07-22 S. Valli Sanghami , John J. Lee , Qin Hu

Blockchain protocols come with a variety of security guarantees. For example, BFT-inspired protocols such as Algorand tend to be secure in the partially synchronous setting, while longest chain protocols like Bitcoin will normally require…

Cryptography and Security · Computer Science 2021-11-08 Andrew Lewis-Pye , Tim Roughgarden

Bitcoin is an immutable permissionless blockchain system that has been extensively used as a public bulletin board by many different applications that heavily relies on its immutability. However, Bitcoin's immutability is not without its…

Cryptography and Security · Computer Science 2019-10-10 Dominic Deuber , Bernardo Magri , Sri Aravinda Krishnan Thyagarajan

The recent surge of blockchain systems has renewed the interest in traditional Byzantine fault-tolerant consensus protocols. Many such consensus protocols have a primary-backup design in which an assigned replica, the primary, is…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-08-07 Suyash Gupta , Jelle Hellings , Mohammad Sadoghi

The maturing of blockchain technology leads to heterogeneity, where multiple solutions specialize in a particular use case. While the development of different blockchain networks shows great potential for blockchains, the isolated networks…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-02-01 Sara Ghaemi , Sara Rouhani , Rafael Belchior , Rui S. Cruz , Hamzeh Khazaei , Petr Musilek

In the general setting, consensus cannot be solved if an adversary controls a third of the system. Yet, blockchain participants typically reach consensus "eventually" despite an adversary controlling a minority of the system. Exceeding this…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-10-18 Alejandro Ranchal-Pedrosa , Vincent Gramoli

Consensus is unnecessary when the truth is available. In this paper, we present a new perspective of rebuilding the blockchain without consensus. When the consensus phase is eliminated from a blockchain, transactions could be canonized…

Networking and Internet Architecture · Computer Science 2022-09-29 Qing Wang , Jian Zheng , Huawei Huang , Jianru Lin

The most essential component of every Distributed Ledger Technology (DLT) is the Consensus Algorithm (CA), which enables users to reach a consensus in a decentralized and distributed manner. Numerous CA exist, but their viability for…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-09-26 Ahmad J. Alkhodair , Saraju P. Mohanty , Elias Kougianos

Blockchain has recently been depicted as a secure protocol for information exchange in cyber-physical microgrids. However, it is still found vulnerable to consensus manipulation attacks. These stealth attacks are often difficult to detect…

Cryptography and Security · Computer Science 2023-03-09 Suman Rath , Lam Duc Nguyen , Subham Sahoo , Petar Popovski

A blockchain replaces central counterparties with time-consuming consensus protocols to record the transfer of ownership. This settlement latency slows cross-exchange trading, exposing arbitrageurs to price risk. Off-chain settlement,…

Trading and Market Microstructure · Quantitative Finance 2023-10-20 Nikolaus Hautsch , Christoph Scheuch , Stefan Voigt

Cryptocurrencies, based on and led by Bitcoin, have shown promise as infrastructure for pseudonymous online payments, cheap remittance, trustless digital asset exchange, and smart contracts. However, Bitcoin-derived blockchain protocols…

Cryptography and Security · Computer Science 2015-11-12 Ittay Eyal , Adem Efe Gencer , Emin Gun Sirer , Robbert van Renesse

This work introduces a novel approach for the governance of a blockchain containing social constructs and technical viability for widescale applications for the next generation of distributed ledgers. Functional requirements for this new…

Cryptography and Security · Computer Science 2021-12-08 Christopher Gorog , Terrance E. Boult
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