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Permissionless blockchains offer many advantages but also have significant limitations including high latency. This prevents their use in important scenarios such as retail payments, where merchants should approve payments fast. Prior works…

Cryptography and Security · Computer Science 2020-01-07 Vasilios Mavroudis , Karl Wüst , Aritra Dhar , Kari Kostiainen , Srdjan Capkun

The Bitcoin Lightning Network, launched in 2018, serves as a layer 2 scaling solution for Bitcoin. The Lightning Network allows users to establish channels between each other and subsequently exchange off-chain payments. Together, these…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-09-25 Florian Grötschla , Lioba Heimbach , Severin Richner , Roger Wattenhofer

As the killer application of blockchain technology, blockchain-based payments have attracted extensive attention ranging from hobbyists to corporates to regulatory bodies. Blockchain facilitates fast, secure, and cross-border payments…

Software Engineering · Computer Science 2021-08-19 Qinghua Lu , Xiwei Xu , H. M. N. Dilum Bandara , Shiping Chen , Liming Zhu

Decentralized marketplace applications demand fast, cheap and easy-to-use cryptocurrency payment mechanisms to facilitate high transaction volumes. The standard solution for off-chain payments, state channels, are optimized for frequent…

Cryptography and Security · Computer Science 2020-08-05 Madhumitha Harishankar , Dimitrios-Georgios Akestoridis , Sriram V. Iyer , Aron Laszka , Carlee Joe-Wong , Patrick Tague

Blockchains are modern distributed systems that provide decentralized financial capabilities with trustable guarantees. Smart contracts are programs written in specialized programming languages running on a blockchain and govern how tokens…

Cryptography and Security · Computer Science 2022-07-11 Margarita Capretto , Martin Ceresa , Cesar Sanchez

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

This research study focuses primarily on Block-Chain-based voting systems, which facilitate participation in and administration of voting for voters, candidates, and officials. Because we used Block-Chain in the backend, which enables…

Machine Learning · Computer Science 2023-03-14 Jagbeer Singh , Utkarsh Rastogi , Yash Goel , Brijesh Gupta , Utkarsh

Despite Information and Communication Technologies (ICT) have reduced the information asymmetry and increased the degree of interorganizational collaboration, the companies participating a supply chain are less inclined to share data when…

Cryptography and Security · Computer Science 2022-06-09 Francesco Longo , Letizia Nicoletti , Antonio Padovano , Gianfranco d'Atri , Marco Forte

This paper presents Thinkey, an efficient, secure, infinitely scalable and decentralized blockchain architecture. It ensures system correctness and liveness by a multi-layer structure. In particular, the system is based on a double-chain…

Cryptography and Security · Computer Science 2019-04-11 Shan Chen , Weiguo Dai , Yuanxi Dai , Hao Fu , Yang Gao , Jianqi Guo , Haoqing He , Yuhong Liu

With the advancement of cloud computing, data storage, and security have become crucial. The growing adoption of cloud services by companies, accompanied by increased threats from cybersecurity, highlights the importance of privacy and…

Cryptography and Security · Computer Science 2024-07-30 Rodrigo Craveiro Rodrigues , Pedro Miguel Calhau Mateus , Valderi Reis Quietinho Leithardt

Bitcoin's Lightning Network (LN) is a scalability solution for Bitcoin allowing transactions to be issued with negligible fees and settled instantly at scale. In order to use LN, funds need to be locked in payment channels on the Bitcoin…

Computers and Society · Computer Science 2019-04-16 István András Seres , László Gulyás , Dániel A. Nagy , Péter Burcsi

Emerging crypto economies still hemorrhage digital assets because legacy wallets leak private keys at almost every layer of the software stack, from user-space libraries to kernel memory dumps. This paper solves that twin crisis of security…

Cryptography and Security · Computer Science 2025-06-24 Seongjin Kim , Sanguk Yun , Jungho Jang

We consider the problem of cross-chain payment whereby customers of different escrows---implemented by a bank or a blockchain smart contract---successfully transfer digital assets without trusting each other. Prior to this work, cross-chain…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-07-17 Rob van Glabbeek , Vincent Gramoli , Pierre Tholoniat

After the success of the Bitcoin blockchain, came several cryptocurrencies and blockchain solutions in the last decade. Nonetheless, Blockchain-based systems still suffer from low transaction rates and high transaction processing latencies,…

Cryptography and Security · Computer Science 2022-11-01 Ankit Gangwal , Haripriya Ravali Gangavalli , Apoorva Thirupathi

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

In this paper we discuss how conventional business contracts can be converted into smart contracts---their electronic equivalents that can be used to systematically monitor and enforce contractual rights, obligations and prohibitions at run…

Computers and Society · Computer Science 2018-05-03 Carlos Molina-Jimenez , Ellis Solaiman , Ioannis Sfyrakis , Irene Ng , Jon Crowcroft

The Layer 2 Atomic Cross-Blockchain Function Calls protocol allows composable programming across Ethereum blockchains. It allows for inter-contract and inter-blockchain function calls that are both synchronous and atomic: if one part fails,…

Cryptography and Security · Computer Science 2020-07-02 Peter Robinson , Raghavendra Ramesh

The growing scalability demand of public Blockchains led to the rise of Layer-2 solutions, such as Rollups. Rollups improve transaction throughput by processing operations off-chain and posting the results on-chain. A critical component in…

Cryptography and Security · Computer Science 2026-03-24 Giovanni Maria Cristiano , Salvatore D'Antonio , Jonah Giglio , Giovanni Mazzeo , Luigi Romano

Blockchain is a decentralized ledger used to securely exchange digital currency, perform deals and transactions efficient manner, each user of the network has access to the least copy of the encrypted ledger so that they can validate a new…

Cryptography and Security · Computer Science 2022-01-03 Bosubabu Sambana

Many blockchain consensus protocols have been proposed recently to scale the throughput of a blockchain with available bandwidth. However, these protocols are becoming increasingly complex, making it more and more difficult to produce…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-05-09 Haifeng Yu , Ivica Nikolic , Ruomu Hou , Prateek Saxena