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Digital money can be implemented efficiently by avoiding consensus. However, no-consensus implementations have drawbacks, as they cannot support smart contracts, and (even more fundamentally) they cannot deal with conflicting transactions.…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-10-05 Jakub Sliwinski , Yann Vonlanthen , Roger Wattenhofer

Since the inception of Bitcoin, cryptocurrencies and the underlying blockchain technology have attracted an increasing interest from both academia and industry. Among various core components, consensus protocol is the defining technology…

Cryptography and Security · Computer Science 2020-02-21 Yang Xiao , Ning Zhang , Wenjing Lou , Y. Thomas Hou

In order to fully unlock the transformative power of distributed ledgers and blockchains, it is crucial to develop innovative consensus algorithms that can overcome the obstacles of security, scalability, and interoperability, which…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-10-16 Amirhossein Taherpour , Xiaodong Wang

Blockchain has received tremendous attention in non-monetary applications including the Internet of Things (IoT) due to its salient features including decentralization, security, auditability, and anonymity. Most conventional blockchains…

Cryptography and Security · Computer Science 2020-05-20 Ali Dorri , Raja Jurdak

Improving transaction throughput is one of the main challenges in decentralized payment systems. Attempts to improve transaction throughput in cryptocurrencies are usually a trade-off between throughput and security or introduce a central…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-10-16 Rowel Gündlach , Jaap-Henk Hoepman , Remco van der Hofstad , Tommy Koens , Stijn Meijer

The set of distributed ledger architectures known as blockchain is best known for cryptocurrency applications such as Bitcoin and Ethereum. These permissionless block chains are showing the potential to be disruptive to the financial…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-01-31 Sara Rouhani , Luke Butterworth , Adam D. Simmons , Darryl G. Humphery , Ralph Deters

Blockchain technology enables stakeholders to conduct trusted data sharing and exchange without a trusted centralized institution. These features make blockchain applications attractive to enhance trustworthiness in very different contexts.…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-07-18 Xiaohui Zhang , Mingying Xue , Xianghua Miao

Permissioned blockchains promise secure decentralized data management in business-to-business use-cases. In contrast to Bitcoin and similar public blockchains which rely on Proof-of-Work for consensus and are deployed on thousands of…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-02-11 Lucas Kuhring , Zsolt István , Alessandro Sorniotti , Marko Vukolić

Blockchain consensus is a state whereby each node in a network agrees on the current state of the blockchain. Existing protocols achieve consensus via a contest or voting procedure to select one node as a dictator to propose new blocks.…

Theoretical Economics · Economics 2022-06-22 Joshua S. Gans , Richard Holden

Today's blockchains suffer from low throughput and high latency, which impedes their widespread adoption of more complex applications like smart contracts. In this paper, we propose a novel paradigm for smart contract execution. It…

Cryptography and Security · Computer Science 2023-06-09 Jian Liu , Peilun Li , Raymond~Cheng , N. Asokan , Dawn Song

A large number of consensus algorithms have been proposed. However, the requirement of strict consistency limits their wide adoption, especially in high-performance required systems. In this paper, we propose a weak consensus algorithm that…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-06-10 Qin Wang , Rujia Li

Truxen is a Trusted Computing enhanced blockchain that uses Proof of Integrity protocol as the consensus. Proof of Integrity protocol is derived from Trusted Computing and associated Remote Attestations, that can be used to vouch a node's…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-04-18 Chao Zhang

Blockchain technology facilitates the development of decentralized systems that ensure trust and transparency without the need for expensive centralized intermediaries. However, existing blockchain architectures particularly consortium…

Networking and Internet Architecture · Computer Science 2025-11-04 Qi Xia , Hu Xia , Isaac Amankona Obiri , Adjei-Arthur Bonsu , Grace Mupoyi Ntuala , Ansu Badjie , Tienin Bole Wilfried , Jiaqin Liu , Lan Ma , Jianbin Gao , Feng Yao

Although blockchains have become widely popular for their use in cryptocurrencies, they are now becoming pervasive as more traditional applications adopt blockchain to ensure data security. Despite being a secured network, blockchains have…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-12-10 Faisal Haque Bappy , Tariqul Islam , Tarannum Shaila Zaman , Md Sajidul Islam Sajid , Mir Mehedi Ahsan Pritom

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

With the rapid development of blockchain technology, different types of blockchains are adopted and interoperability across blockchains has received widespread attention. There have been many cross-chain solutions proposed in recent years,…

Cryptography and Security · Computer Science 2021-03-26 Ying Lan , Jianbo Gao , Ke Wang , Jiashuo Zhang , Zhenhao Wu , Yuesheng Zhu , Zhong Chen

While the large-scale Internet of Things (IoT) makes many new applications feasible, like Smart Cities, IoT also brings new concerns on data reliability, security, and privacy. The rapid evolution in blockchain technologies, which relied on…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-12-24 Ronghua Xu , Yu Chen

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

The sharing of public key information is central to the digital credential security model, but the existing Web PKI with its opaque Certification Authorities and synthetic attestations serves a very different purpose. We propose a new…

Cryptography and Security · Computer Science 2024-01-08 Tim Hobson , Lydia France , Sam Greenbury , Luke Hare , Pamela Wochner

Existing blockchain systems scale poorly because of their distributed consensus protocols. Current attempts at improving blockchain scalability are limited to cryptocurrency. Scaling blockchain systems under general workloads (i.e.,…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-03-13 Hung Dang , Tien Tuan Anh Dinh , Dumitrel Loghin , Ee-Chien Chang , Qian Lin , Beng Chin Ooi