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The state-of-the-art techniques for processing cross-blockchain transactions take a simple centralized approach: when the assets on blockchain $X$, say $X$-coins, are exchanged with the assets on blockchain $Y$---the $Y$-coins, those…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-08-20 Dongfang Zhao

We propose a proof-of-work algorithm that rewards blockchain miners for using computational resources to solve NP-complete puzzles. The resulting blockchain will publicly store and improve solutions to problems with real world applications…

Distributed, Parallel, and Cluster Computing · Computer Science 2017-09-05 Carlos G. Oliver , Alessandro Ricottone , Pericles Philippopoulos

Blockchains are widely used for secure transaction processing, but their scalability remains limited, and existing multichain designs are typically static even as demand and capacity shift. We cast blockchain configuration as a multiagent…

Cryptography and Security · Computer Science 2026-02-27 Nimrod Talmon , Haim Zysberg

In this paper, we analyze the Ethereum blockchain using the complex networks modeling framework. Accounts acting on the blockchain are represented as nodes, while the interactions among these accounts, recorded on the blockchain, are…

Cryptography and Security · Computer Science 2019-09-02 Stefano Ferretti , Gabriele D'Angelo

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

The suitability of a particular blockchain for a given use case depends mainly on the blockchain's functional and non-functional properties. Such properties may vary over time, and thus, a selected blockchain may become unsuitable for a…

Cryptography and Security · Computer Science 2019-05-20 Philipp Frauenthaler , Michael Borkowski , Stefan Schulte

The energy market encompasses the behavior of energy supply and trading within a platform system. By utilizing centralized or distributed trading, energy can be effectively managed and distributed across different regions, thereby achieving…

Networking and Internet Architecture · Computer Science 2024-04-08 Tianqi Jiang , Haoxiang Luo , Kun Yang , Gang Sun , Hongfang Yu , Qi Huang , Athanasios V. Vasilakos

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

A major problem in blockchain-based supply chain management is the potential unreliability of digital twins when considering digital representations of physical goods. Indeed, the use of blockchain technology to trace goods is obviously…

Cryptography and Security · Computer Science 2023-09-06 Vincenzo Botta , Laura Fusco , Attilio Mondelli , Ivan Visconti

Today's world is organized based on merit and value. A single global currency that's decentralized is needed for a global economy. Bitcoin is a partial solution to this need, however it suffers from scalability problems which prevent it…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-10-29 Iurii Shyshatsky , Vinod Manoharan , Taras Emelyanenko , Lucas Leger

Blockchain technology has developed significantly over the last decade. One of the reasons for this is its sustainability architecture, which does not allow modification of the history of committed transactions. That means that developers…

Logic in Computer Science · Computer Science 2021-09-08 Ivan Fedotov , Anton Khritankov

The automotive industry has seen an increased need for connectivity, both as a result of the advent of autonomous driving and the rise of connected cars and truck fleets. This shift has led to issues such as trusted coordination and a wider…

Cryptography and Security · Computer Science 2019-07-08 Parth Singhal , Siddharth Masih

Scalability and security problems of the centralized architecture models in cyberphysical systems have great potential to be solved by novel blockchain based distributed models.A decentralized energy trading system takes advantage of…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-04-21 Faizan Ali , Moayad Aloqaily , Omar Alfandi , Oznur Ozkasap

Bitcoin, a decentralized cryptocurrency, has attracted a lot of attention from academia, financial service industry and enthusiasts. The trade-off between transaction confirmation throughput and centralization of hash power do not allow…

Cryptography and Security · Computer Science 2015-12-31 Danil Nemirovsky

Blockchain is a technology that provides a distributed ledger that stores previous records while maintaining consistency and security. Bitcoin is the first and largest decentralized electronic cryptographic system that uses blockchain…

Cryptography and Security · Computer Science 2021-11-05 Befekadu G. Gebraselase , Bjarne E. Helvik , Yuming Jiang

Blockchain is a radical innovation with a unique value proposition that shifts trust from institutions to algorithms. Still, the potential of blockchains remains elusive due to knowledge gaps between computer science research and…

Cryptography and Security · Computer Science 2021-05-06 Olga Labazova , Erol Kazan , Tobias Dehling , Tuure Tuunanen , Ali Sunyaev

Supply Chain Finance is very important for supply chain competition, which is an important tool to activate the capital flow in the supply chain. Supply Chain Finance-related research can support multiple applications and services, such as…

Cryptography and Security · Computer Science 2024-08-20 Zhengdong Luo

We define and examine the shutdown problem for blockchain systems: how to gracefully end the system's operation at the end of its useful life. A particular focus is those blockchain systems that hold archival data of long-lived interest. We…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-02-21 Mark Stuart Day

This paper presents a new blockchain network simulator that uses bitcoin's original reference implementation as its main application. The proposed simulator leverages the use of lightweight virtualization technology to build a fine tuned…

Cryptography and Security · Computer Science 2020-02-12 Lina Alsahan , Noureddine Lasla , Mohamed Abdallah

Blockchain stores information into a chain of "blocks", whose integrity is usually guaranteed by Proof of Work (PoW). In many blockchain applications (including cryptocurrencies), users compete with each other to win the ownership of the…

Cryptography and Security · Computer Science 2018-10-09 Wei Li