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A Unitychain is a novel blockchain-like structure that drastically improves transaction scalability and security while maintaining ongoing network performance, even if participating nodes are required to perform a new Distributed Key…

Cryptography and Security · Computer Science 2021-01-22 Joshua D. Tobkin

Bitcoin's enormous success has inspired the development of alternative blockchains, such as consortium chains. Several cross-chain protocols have been proposed as ways of connecting these universes of individual blockchains in a distributed…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-10-25 Hiroki Watanabe , Shigenori Ohashi , Shigeru Fujimura , Atsushi Nakadaira , Kota Hidaka , Jay Kishigami

Despite the fact that it is publicly available, collecting and processing the full bitcoin blockchain data is not trivial. Its mere size, history, and other features indeed raise quite specific challenges, that we address in this paper. The…

Social and Information Networks · Computer Science 2021-06-16 Jules Azad Emery , Matthieu Latapy

Sharding is a promising technique for addressing the scalability issues of blockchain, and this technique is especially important for IoT, edge, or mobile computing. It divides the $n$ participating nodes into $s$ disjoint groups called…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-01-20 Ramesh Adhikari , Costas Busch , Miroslav Popovic

The rapid evolution of blockchain technology has brought together stakeholders from fundamentally different backgrounds. The result is a diverse ecosystem, as exemplified by the development of a wide range of different blockchain protocols.…

Cryptography and Security · Computer Science 2021-07-20 Stefanos Leonardos , Daniel Reijsbergen , Georgios Piliouras

Blockchain technology has been gaining great interest from a variety of sectors, including healthcare, supply chain and cryptocurrencies. However, Blockchain suffers from its limited ability to scale (i.e. low throughput and high latency).…

Cryptography and Security · Computer Science 2021-08-13 Abdelatif Hafid , Abdelhakim Senhaji Hafid , Adil Senhaji

Cross-chain technology facilitates the interoperability among isolated blockchains on which users can freely communicate and transfer values. Existing cross-chain protocols suffer from the scalability problem when processing on-chain…

Cryptography and Security · Computer Science 2022-12-15 Yihao Guo , Minghui Xu , Dongxiao Yu , Yong Yu , Rajiv Ranjan , Xiuzhen Cheng

Sharding is used to address the performance and scalability issues of the blockchain protocols, which divides the overall transaction processing costs among multiple clusters of nodes. Shards require less storage capacity and communication…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-03-31 Ramesh Adhikari , Costas Busch

The blockchain initially gained traction in 2008 as the technology underlying bitcoin, but now has been employed in a diverse range of applications and created a global market worth over $150B as of 2017. What distinguishes blockchains from…

Cryptography and Security · Computer Science 2017-11-15 Shehar Bano , Alberto Sonnino , Mustafa Al-Bassam , Sarah Azouvi , Patrick McCorry , Sarah Meiklejohn , George Danezis

Blockchain technologies are gaining massive momentum in the last few years. Blockchains are distributed ledgers that enable parties who do not fully trust each other to maintain a set of global states. The parties agree on the existence,…

Databases · Computer Science 2017-08-21 Tien Tuan Anh Dinh , Rui Liu , Meihui Zhang , Gang Chen , Beng Chin Ooi , Ji Wang

The emerging parallel chain protocols represent a breakthrough to address the scalability of blockchain. By composing multiple parallel chain instances, the whole systems' throughput can approach the network capacity. How to coordinate…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-08-22 Jianyu Niu

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 study proposes a novel solution that provides secure interoperability for blockchains, which improves the overall scalability of the whole blockchain network. In our solution, a cross-chain task will build a one-time cross-blockchain…

Networking and Internet Architecture · Computer Science 2022-01-11 Keyang Liu , Yukio Ohsawa

Blockchain has become a popular emergent technology in many industries. It is suitable for a broad range of applications, from its base role as an immutable distributed ledger to the deployment of distributed applications. Many…

Cryptography and Security · Computer Science 2022-12-20 Inwon Kang , Aparna Gupta , Oshani Seneviratne

Off-Chain transactions allow for the immediate transfer of Cryptocurrency between two parties, without delays or unavoidable transaction fees. Such capabilities are critical for mainstream Cryptocurrency adaption. They allow for the…

Cryptography and Security · Computer Science 2014-08-14 Leonard Apeltsin

Consensus protocols are the foundation for building fault-tolerant, distributed systems, and services. They are also widely acknowledged as performance bottlenecks. Several recent systems have proposed accelerating these protocols using the…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-01-28 Huynh Tu Dang , Pietro Bressana , Han Wang , Ki Suh Lee , Noa Zilberman , Hakim Weatherspoon , Marco Canini , Fernando Pedone , Robert Soulé

The Bitcoin payment system involves two agent types: Users that transact with the currency and pay fees and miners in charge of authorizing transactions and securing the system in return for these fees. Two of Bitcoin's challenges are (i)…

Cryptography and Security · Computer Science 2022-03-15 Ron Lavi , Or Sattath , Aviv Zohar

The Bitcoin scalability problem has led to the development of off-chain financial mechanisms such as payment channel networks (PCNs) which help users process transactions of varying amounts, including micro-payment transactions, without…

Cryptography and Security · Computer Science 2023-11-30 Kartick Kolachala , Mohammed Ababneh , Roopa Vishwanathan

We provide a UTXO model of blockchain transactions that is able to represent both credit and debt on the same blockchain. Ordinarily, the UTXO model is solely used to represent credit and the representation of credit and debit together is…

Cryptography and Security · Computer Science 2021-02-02 Michael Chiu , Uroš Kalabić

With the rise of cryptocurrency and NFTs in the past decade, blockchain technology has been an area of increasing interest to both industry and academic experts. In this paper, we discuss the feasibility of such systems through the lens of…

Cryptography and Security · Computer Science 2022-12-29 Angela Li , Guanqun Song , Ting Zhu