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Blockchain systems benefit from lessons in prior art such as fault tolerance, distributed systems, peer-to-peer systems, and game theory. In this paper we argue that blockchain algorithms should tolerate both rational (self-interested)…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-11-05 Jean-Philippe Martin , Eunjin , Jung

Permissioned blockchains employ Byzantine fault-tolerant (BFT) state machine replication (SMR) to reach agreement on an ever-growing, linearly ordered log of transactions. A new paradigm, combined with decades of research in BFT SMR and…

Cryptography and Security · Computer Science 2021-03-02 Fangyu Gai , Ali Farahbakhsh , Jianyu Niu , Chen Feng , Ivan Beschastnikh , Hao Duan

With the advancement of blockchain systems, many recent research works have proposed distributed ledger technology~(DLT) that employs Byzantine fault-tolerant~(BFT) consensus protocols to decide which block to append next to the ledger.…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-03-21 Christian Berger , Signe Schwarz-Rüsch , Arne Vogel , Kai Bleeke , Leander Jehl , Hans P. Reiser , Rüdiger Kapitza

Proof-of-Stake blockchains based on a longest-chain consensus protocol are an attractive energy-friendly alternative to the Proof-of-Work paradigm. However, formal barriers to "getting the incentives right" were recently discovered, driven…

Computer Science and Game Theory · Computer Science 2023-10-31 Matheus V. X. Ferreira , S. Matthew Weinberg

Bitcoin is the most successful cryptocurrency so far. This is mainly due to its novel consensus algorithm, which is based on proof-of-work combined with a cryptographically-protected data structure and a rewarding scheme that incentivizes…

Cryptography and Security · Computer Science 2019-05-24 Pawel Szalachowski , Daniel Reijsbergen , Ivan Homoliak , Siwei Sun

Consensus is arguably one of the most important notions in distributed computing. Among asynchronous, randomized, and signature-free implementations, the protocols of Most\'efaoui et al. (PODC 2014 and JACM 2015) represent a landmark…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-05-03 Christian Cachin , Luca Zanolini

Trading data through blockchain platforms is hard to achieve \textit{fair exchange}. Reasons come from two folds: Firstly, guaranteeing fairness between sellers and consumers is a challenging task as the deception of any participating…

Cryptography and Security · Computer Science 2023-11-01 Erya Jiang , Bo Qin , Qin Wang , Qianhong Wu , Sanxi Li , Wenchang Shi , Yingxin Bi , Wenyi Tang

Vote-based blockchains construct a state machine replication (SMR) system among participating nodes, using Byzantine Fault Tolerance (BFT) consensus protocols to transition from one state to another. Currently, they rely on either…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-12-25 Yibin Xu , Jianhua Shao , Tijs Slaats , Boris Düdder , Yongluan Zhou

This paper presents TetraBFT, a novel unauthenticated Byzantine fault tolerant protocol for solving consensus in partial synchrony, eliminating the need for public key cryptography and ensuring resilience against computationally unbounded…

Cryptography and Security · Computer Science 2026-04-14 Qianyu Yu , Giuliano Losa , Xuechao Wang

Proof-of-Stake systems randomly choose, on each round, one of the participants as a consensus leader that extends the chain with the next block such that the selection probability is proportional to the owned stake. However, distributed…

Cryptography and Security · Computer Science 2020-05-20 Mansoor Ahmed-Rengers , Kari Kostiainen

To address the large amount of energy wasted by blockchains, we propose a decentralized consensus protocol for blockchains in which the computation can be used to search for good approximate solutions to any optimization problem. Our…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-12-03 Naoki Shibata

The advent of decentralized trading markets introduces a number of new challenges for consensus protocols. In addition to the `usual' attacks -- a subset of the validators trying to prevent disagreement -- there is now the possibility of…

Cryptography and Security · Computer Science 2020-07-17 Klaus Kursawe

Blockchain technologies originate from cryptocurrencies. Thus, most blockchain technologies assume an environment with a fast and stable network. However, in some blockchain-based systems, e.g., supply chain management (SCM) systems, some…

Byzantine Fault Tolerant (BFT) consensus forms the foundation of many modern blockchains striving for both high throughput and low latency. A growing bottleneck is transaction execution and validation on the critical path of consensus,…

Distributed, Parallel, and Cluster Computing · Computer Science 2026-02-25 Ignacio Amores-Sesar , Mirza Ahad Baig , Seth Gilbert , Ray Neiheiser , Michelle X. Yeo

Blockchain technology has advanced rapidly in recent years and is now widely used in a variety of fields. Blockchain appears to be one of the best solutions for managing massive heterogeneous devices while achieving advanced data security…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-08-05 Xu Yuan , Fang Luo , Muhammad Zeeshan Haider , Zhikui Chen , Yucheng Li

Blockchain consensus mechanisms must balance security, decentralization, and efficiency while ensuring fair participation. Proof of Team Sprint (PoTS) is a cooperative consensus mechanism designed to address the energy inefficiencies and…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-03-26 Naoki Yonezawa

Tetris is an Asynchronous Byzantine Fault Tolerance consensus algorithm designed for next generation high-throughput permission and permissionless blockchain. The core concept of Tetris is derived from Reasoning About Knowledge, which we…

Multiagent Systems · Computer Science 2018-12-11 Jiajun Xu , Sam Huang

Some blockchain networks employ a distributed consensus algorithm featuring Byzantine fault tolerance. Notably, certain public chains, such as Cosmos and Tezos, which operate on a proof-of-stake mechanism, have adopted this algorithm. While…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-07-23 Akihiro Fujihara

Proof-of-work (PoW) cryptocurrencies rely on a balance of security and fairness in order to maintain a sustainable ecosystem of miners and users. Users demand fast and consistent transaction confirmation, and in exchange drive the adoption…

Cryptography and Security · Computer Science 2023-06-22 Patrik Keller , Ben Glickenhaus , George Bissias , Gregory Griffith

Permissioned Blockchains are increasingly considered in enterprise use-cases, many of which do not require geo-distribution, or even disallow it due to legislation. Examples include country-wide networks, such as Alastria, or those deployed…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-07-27 Manuel Bravo , Zsolt István , Man-Kit Sit