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Blockchain is a popular method to ensure security for trusted systems. The benefits include an auditable method to provide decentralized security without a trusted third party, but the drawback is the large computational resources needed to…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-10-24 Erik Blasch , Ronghua Xu , Yu Chen , Genshe Chen , Dan Shen

Blockchain was mainly introduced for secure transactions in connection with the mining of cryptocurrency Bitcoin. This article discusses the fundamental concepts of blockchain technology and its components, such as block header,…

Cryptography and Security · Computer Science 2021-01-27 Sunil Kumar Singh , Sumit Kumar

Blockchain offers an innovative approach to storing information, executing transactions, performing functions, and establishing trust in an open environment. Many consider blockchain as a technology breakthrough for cryptography and…

Cryptography and Security · Computer Science 2019-08-20 Rui Zhang , Rui Xue , Ling Liu

In the past decade, blockchain has shown a promising vision greatly to build the trust without any powerful third party in a secure, decentralized and salable manner. However, due to the wide application and future development from…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-05-11 Bin Cao , Zixin Wang , Long Zhang , Daquan Feng , Mugen Peng , Lei Zhang

Although Blockchain has been successfully used in many different fields and applications, it has been traditionally regarded as an energy-intensive technology, essentially due to the past use of inefficient consensus algorithms that…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-10-29 Tiago M. Fernández-Caramés , Paula Fraga-Lamas

The state-of-the-art approach to manage blockchains is to process blocks of transactions in a shared-nothing environment. Although blockchains have the potential to provide various services for high-performance computing (HPC) systems, HPC…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-01-22 Abdullah Al-Mamun , Dongfang Zhao

In recent years, blockchain technology has been recognized as a transformative innovation in the tech world, and it has quickly become the core infrastructure of digital currencies such as Bitcoin and an important tool in various…

Cryptography and Security · Computer Science 2025-01-22 Mohsen Ghorbian , Mostafa Ghobaei-Arani

A blockchain is a distributed ledger forming a distributed consensus on a history of transactions. It is the underlying technology for the Bitcoin cryptocurrency, but there are many applications beyond the financial sector. With built-in…

Cryptography and Security · Computer Science 2019-12-23 Nathaniel Aldred , Luke Baal , Graeham Broda , Steven Trumble , Qusay H. Mahmoud

Blockchain technologies can enable secure computing environments among mistrusting parties. Permissioned blockchains are particularly enlightened by companies, enterprises, and government agencies due to their efficiency, customizability,…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-06-09 Minghui Xu , Shuo Liu , Dongxiao Yu , Xiuzhen Cheng , Shaoyong Guo , Jiguo Yu

Blockchain is a distributed database which is cryptographically protected against malicious modifications. While promising for a wide range of applications, current blockchain platforms rely on digital signatures, which are vulnerable to…

In an age where sustainability is of paramount importance, the significance of both high-performance computing and intelligent algorithms cannot be understated. Yet, these domains often demand hefty computational power, translating to…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-12-01 Murat Yaslioglu

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 core premise of permissionless blockchains is their reliable and secure operation without the need to trust any individual agent. At the heart of blockchain consensus mechanisms is an explicit cost (whether work or stake) for…

Cryptography and Security · Computer Science 2023-08-15 Joshua S. Gans , Hanna Halaburda

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

Blockchain technology is widely used in various fields due to its ability to provide decentralization and trustless security. This is a fundamental understanding held by many advocates, but it is misunderstood, leading participants to fail…

Cryptography and Security · Computer Science 2026-02-02 Chunyi Zhang , Fengjiao Dou , Xiaoqi Li

This paper extends the blockchain sustainability framework of Budish (2018) to consider proof of stake (in addition to proof of work) consensus mechanisms and permissioned (where the number of nodes are fixed) networks. It is demonstrated…

Cryptography and Security · Computer Science 2020-12-23 Neil Gandal , Joshua S. Gans

Decentralization is widely recognized as a crucial characteristic of blockchains that enables them to resist malicious attacks such as the 51% attack and the takeover attack. Prior research has primarily examined decentralization in…

Cryptography and Security · Computer Science 2023-06-12 Chao Li , Balaji Palanisamy , Runhua Xu , Li Duan

In the second decade of the 21st century, blockchain definitely became one of the most trending computational technologies. This research aims to question the feasibility and suitability of using blockchain technology within e-voting…

Cryptography and Security · Computer Science 2020-02-19 Umut Can Cabuk , Eylul Adiguzel , Enis Karaarslan

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

Blockchain is a distributed ledger technology that has applications in many domains such as cryptocurrency, smart contracts, supply chain management, and many others. Distributed consensus is a fundamental component of blockchain systems…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-08-05 Siamak Abdi , Giuseppe Di Fatta , Atta Badii , Giancarlo Fortino