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Autonomous software agents on blockchains solve distributed-coordination problems by reading shared ledger state instead of exchanging direct messages. Liquidation keepers, arbitrage bots, and other autonomous on-chain agents watch…

Distributed, Parallel, and Cluster Computing · Computer Science 2026-04-07 Fernando Paredes García

There has recently been a flood of interest in potential new applications of blockchains, as well as proposals for more generic designs called public ledgers. Most of the novel proposals have been in the financial sector. However, the…

Cryptography and Security · Computer Science 2016-08-24 Thanh Bui , Tuomas Aura

Sharding distributed ledgers is a promising on-chain solution for scaling blockchains but lacks formal grounds, nurturing skepticism on whether such complex systems can scale blockchains securely. We fill this gap by introducing the first…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-05-23 Georgia Avarikioti , Antoine Desjardins , Eleftherios Kokoris-Kogias , Roger Wattenhofer

Tasks and objects are two predominant ways of specifying distributed problems. A task is specified by an input/output relation, defining for each set of processes that may run concurrently, and each assignment of inputs to the processes in…

Distributed, Parallel, and Cluster Computing · Computer Science 2015-07-02 Armando Castaneda , Michel Raynal , Sergio Rajsbaum

A key component of blockchain technology is the ledger, viz., a database that, unlike standard databases, keeps in memory the complete history of past transactions as in a notarial archive for the benefit of any future test. In…

Cryptography and Security · Computer Science 2021-10-01 Paolo Bottoni , Anna Labella , Remo Pareschi

There is a growing interest from both the academia and industry to employ distributed ledger technology in the Internet-of-Things domain for addressing security-related and performance challenges. Distributed ledger technology enables…

Cryptography and Security · Computer Science 2020-08-31 Pavlos Charalampidis , Alexandros Fragkiadakis

The increased use of Internet of Things (IoT) devices -- from basic sensors to robust embedded computers -- has boosted the demand for information processing and storing solutions closer to these devices. Edge computing has been established…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-11-15 Daniel Montero Hernández , Jorge Peña Queralta , Tomi Westerlund

In the Internet of Things (IoT) domain, devices need a platform to transact seamlessly without a trusted intermediary. Although Distributed Ledger Technologies (DLTs) could provide such a platform, blockchains, such as Bitcoin, were not…

Networking and Internet Architecture · Computer Science 2021-07-15 Andrew Cullen , Pietro Ferraro , William Sanders , Luigi Vigneri , Robert Shorten

The applications of the blockchain technology are still being discov-ered. When a new potential disruptive technology emerges, there is a tendency to try to solve every problem with that technology. However, it is still necessary to…

Computers and Society · Computer Science 2021-03-16 Bruno Tavares , Filipe Figueiredo Correia , André Restivo , João Pascoal Faria , Ademar Aguiar

Trust management systems often use registries to authenticate data, or form trust decisions. Examples are revocation registries and trust status lists. By introducing distributed ledgers (DLs), it is also possible to create decentralized…

Cryptography and Security · Computer Science 2022-07-20 Stefan More , Jakob Heher , Clemens Walluschek

Blockchain has been widely deployed in various sectors, such as finance, education, and public services. Since blockchain runs as an immutable distributed ledger, it has decentralized mechanisms with persistency, anonymity, and…

Cryptography and Security · Computer Science 2021-11-30 Qian Wei , Bingzhe Li , Wanli Chang , Zhiping Jia , Zhaoyan Shen , Zili Shao

This paper presents an approach to using decentralized distributed digital (DDD) ledgers like blockchain with multi-level verification. In regular DDD ledgers like Blockchain, only a single level of verification is available, which makes it…

Cryptography and Security · Computer Science 2024-09-30 Ayush Thada , Aanchal Kandpal , Dipanwita Sinha Mukharjee

We introduce blockchains and distributed ledgers and describe their potential applications to money and banking. The analysis compares public and private ledgers and outlines the suitability of various types of ledgers for different…

Mathematical Finance · Quantitative Finance 2017-03-07 Alexander Lipton

Since the inception of blockchain and Bitcoin (Nakamoto (2008)), a decentralized-distributed ledger system and its associated cryptocurrency, respectively, the world has witnessed a slew of newer adaptations and applications. Although the…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-01-15 Jinwook Lee , Paul Moon Sub Choi

A Distributed Ledger Object (DLO) is a concurrent object that maintains a totally ordered sequence of records, and supports two basic operations: append, which appends a record at the end of the sequence, and get, which returns the sequence…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-02-27 Vicent Cholvi , Antonio Fernandez Anta , Chryssis Georgiou , Nicolas Nicolaou , Michel Raynal

Enterprises have been attracted by the capability of blockchains to provide a single source of truth for workloads that span companies, geographies, and clouds while retaining the independence of each party's IT operations. However, so far…

Software Engineering · Computer Science 2021-10-19 Johannes Sedlmeir , Tim Wagner , Emil Djerekarov , Ryan Green , Johannes Klepsch , Shruthi Rao

Blockchain is a distributed database that keeps a chronologically-growing list (chain) of records (blocks) secure from tampering and revision. While computerisation has changed the nature of a ledger from clay tables in the old days to…

General Finance · Quantitative Finance 2016-12-20 Jan Hendrik Witte

By design, distributed ledger technologies persist low-level data which makes conducting complex business analysis of the recorded operations challenging. Existing blockchain visualization and analytics tools such as block explorers tend to…

Computers and Society · Computer Science 2021-02-23 Leny Vinceslas , Hirsh Pithadia , Safak Dogan , Srikumar Sundareshwar , Ahmet M. Kondoz

The presented work continues the line of recent distributed computing communityefforts dedicated to the theoretical aspects of blockchains. This paper is the rst tospecify blockchains as a composition of abstract data types all together…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-05-15 Emmanuelle Anceaume , Antonella Del Pozzo , Romaric Ludinard , Maria Potop-Butucaru , Sara Tucci-Piergiovanni

Bitcoin's global success has led to the rise of blockchain, but many systems labeled as "blockchain" deviate from its core principles, adding complexity to the ecosystem. This survey addresses the need for a comprehensive review and…

Cryptography and Security · Computer Science 2024-09-30 Badr Bellaj , Aafaf Ouaddah , Noel Crespi , Abdelatif Mezrioui , Emmanuel Bertin