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As blockchain technology gains traction for enhancing data security and operational efficiency, traditional centralized authentication systems remain a significant bottleneck. This paper addresses the challenge of integrating decentralized…

Cryptography and Security · Computer Science 2024-12-03 Faisal Haque Bappy , Joon S. Park , Kamrul Hasan , Tariqul Islam

Blockchain design involves many tradeoffs, and much debate has focused on tradeoffs related to scaling parameters such as blocksize. To address some of the confusion around this subject, we present a probability proof of the DCS Triangle.…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-01-16 Greg Slepak , Anya Petrova

Traditional blockchain design gives miners or validators full control over transaction ordering, i.e., they can freely choose which transactions to include or exclude, as well as in which order. While not an issue initially, the emergence…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-12-19 Andrei Constantinescu , Diana Ghinea , Lioba Heimbach , Zilin Wang , Roger Wattenhofer

Blockchains have become immensely popular and are high on the list of national and international research and innovation agenda's. This is partly caused by the numerous interesting applications, combined with the promise of full…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-03-03 Maarten van Steen , Andrew Chien , Patrick Eugster

With the rapid popularity of blockchain, decentralized human intelligence tasks (HITs) are proposed to crowdsource human knowledge without relying on vulnerable third-party platforms. However, the inherent limits of blockchain cause…

Cryptography and Security · Computer Science 2020-07-09 Yuan Lu , Qiang Tang , Guiling Wang

A decentralized online petition system enables individuals or groups to create, sign, and share petitions without a central authority. Using blockchain technology, these systems ensure the integrity and transparency of the petition process…

Cryptography and Security · Computer Science 2024-07-02 Jagdeep Kaur , Kevin Antony , Nikhil Pujar , Ankit Jha

Modern distributed data management systems face a new challenge: how can autonomous, mutually-distrusting parties cooperate safely and effectively? Addressing this challenge brings up questions familiar from classical distributed systems:…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-10-16 Maurice Herlihy , Barbara Liskov , Liuba Shrira

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

In this paper we propose a comprehensive and scalable framework to build secure-by-design e-voting systems. Decentralization, transparency, determinism, and untamperability of votes are granted by dedicated smart contracts on a blockchain,…

Cryptography and Security · Computer Science 2021-11-04 Antonio Russo , Antonio Fernández Anta , Maria Isabel González Vasco , Simon Pietro Romano

We develop a model of coordination and allocation of decentralized multi-sided markets, in which our theoretical analysis is promisingly optimizing the decentralized transaction packaging process at high-throughput blockchains or Web 3.0…

General Economics · Economics 2023-01-27 Yuxuan Lu , Qian Qi , Xi Chen

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

Avalanche is a blockchain consensus protocol with exceptionally low latency and high throughput. This has swiftly established the corresponding token as a top-tier cryptocurrency. Avalanche achieves such remarkable metrics by substituting…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-10-10 Ignacio Amores-Sesar , Christian Cachin , Enrico Tedeschi

An increasing number of industries rely on Internet-of-Things devices to track physical resources. Blockchain technology provides primitives to represent these resources as digital assets on a secure distributed ledger. Due to the…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-04-13 Martijn de Vos , Can Umut Ileri , Johan Pouwelse

Blockchain sharding is a promising approach to solving the dilemma between decentralisation and high performance (transaction throughput) for blockchain. The main challenge of Blockchain sharding systems is how to reach a decision on a…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-03-24 Yibin Xu , Yangyu Huang , Jianhua Shao , George Theodorakopoulos

Edge computing draws a lot of recent research interests because of the performance improvement by offloading many workloads from the remote data center to nearby edge nodes. Nonetheless, one open challenge of this emerging paradigm lies in…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-05-19 Abdullah Al-Mamun , Dongfang Zhao

Blockchain has been widely deployed in various sectors, such as finance, education, and public services. Since blockchain runs as an immutable distributed ledger, it has decentralized mechanisms with persistency, anonymity, and…

Cryptography and Security · Computer Science 2021-11-30 Qian Wei , Bingzhe Li , Wanli Chang , Zhiping Jia , Zhaoyan Shen , Zili Shao

Rollups have emerged as a promising solution to enhance blockchain scalability, offering increased throughput, reduced latency, and lower transaction fees. However, they currently rely on a centralized sequencer to determine transaction…

Networking and Internet Architecture · Computer Science 2023-10-06 Shashank Motepalli , Luciano Freitas , Benjamin Livshits

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

Performance and scalability are major concerns for blockchains: permissionless systems are typically limited by slow proof of X consensus algorithms and sequential post-order transaction execution on every node of the network. By…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-03-11 Christian Gorenflo , Lukasz Golab , Srinivasan Keshav

In this paper, we construct a decentralized clearing mechanism which endogenously and automatically provides a claims resolution procedure. This mechanism can be used to clear a network of obligations through blockchain. In particular, we…

Risk Management · Quantitative Finance 2022-01-11 Hamed Amini , Maxim Bichuch , Zachary Feinstein