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As the first decentralized digital currency introduced in 2009 together with the blockchain, Bitcoin offers new opportunities both for developed and developing countries. Bitcoin peer-to-peer transactions are independent of the banking…

Physics and Society · Physics 2018-04-25 Francesco Parino , Mariano G. Beiro , Laetitia Gauvin

Permisionless decentralized ledgers ("blockchains") such as the one underlying the cryptocurrency Bitcoin allow anonymous participants to maintain the ledger, while avoiding control or "censorship" by any single entity. In contrast,…

Distributed, Parallel, and Cluster Computing · Computer Science 2016-06-27 Maurice Herlihy , Mark Moir

Off-chain protocols (channels) are a promising solution to the scalability and privacy challenges of blockchain payments. Current proposals, however, require synchrony assumptions to preserve the safety of a channel, leaking to an adversary…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-06-22 Georgia Avarikioti , Eleftherios Kokoris Kogias , Roger Wattenhofer , Dionysis Zindros

Searching for available parking spaces is a major problem for drivers especially in big crowded cities, causing traffic congestion and air pollution, and wasting drivers' time. Smart parking systems are a novel solution to enable drivers to…

Cryptography and Security · Computer Science 2021-01-28 Wesam Al Amiri , Mohamed Baza , Karim Banawan , Mohamed Mahmoud , Waleed Alasmary , Kemal Akkaya

Blockchains and cryptocurrencies disrupted the conversion of energy into a medium of exchange. Numerous applications for blockchains and cryptocurrencies are now envisioned for purposes ranging from inventory control to banking…

Cryptography and Security · Computer Science 2021-01-05 Felipe Ribas Coutinho , Victor Pires , Claudio Miceli , Daniel Sadoc Menasche

There has recently been a flood of interest in potential new applications of blockchains, as well as proposals for more generic designs called public ledgers. Most of the novel proposals have been in the financial sector. However, the…

Cryptography and Security · Computer Science 2016-08-24 Thanh Bui , Tuomas Aura

Blockchain enables novel, trustworthy Process-Aware Information Systems (PAISs) by enforcing the security, robustness, and traceability of operations. In particular, transparency ensures that all information exchanges are openly accessible,…

Cryptography and Security · Computer Science 2025-11-07 Alessandro Marcelletti , Edoardo Marangone , Michele Kryston , Claudio Di Ciccio

Blockchain technology enforces the security, robustness, and traceability of operations of Process-Aware Information Systems (PAISs). In particular, transparency ensures that all data is publicly available, fostering trust among…

Cryptography and Security · Computer Science 2026-04-23 Michele Kryston , Edoardo Marangone , Alessandro Marcelletti , Claudio Di Ciccio

We study selfish mining in Ethereum. The problem is combinatorially more complex than in Bitcoin because of major differences in the reward system and a different difficulty adjustment formula. Equivalent strategies in Bitcoin do have…

Cryptography and Security · Computer Science 2019-05-01 Cyril Grunspan , Ricardo Pérez-Marco

A cryptocurrency is a decentralized digital currency that is designed for secure and private asset transfer and storage. As a currency, it should be difficult to counterfeit and double-spend. In this paper, we review and analyze the major…

Cryptography and Security · Computer Science 2019-04-26 Ehab Zaghloul , Tongtong Li , Matt Mutka , Jian Ren

This thesis proposes techniques aiming to make blockchain technologies and smart contract platforms practical by improving their scalability, latency, and privacy. This thesis starts by presenting the design and implementation of…

Cryptography and Security · Computer Science 2021-02-25 Alberto Sonnino

Society is in constant transition to keep up with technological advancement, we are seeing traditional paradigms being increasingly challenged. The fundamentals of governance are one such paradigm. As society's values have shifted, so have…

Cryptography and Security · Computer Science 2018-05-16 Freya Sheer Hardwick , Raja Naeem Akram , Konstantinos Markantonakis

Conventional financial models fail to explain the economic and monetary properties of cryptocurrencies due to the latter's dual nature: their usage as financial assets on the one side and their tight connection to the underlying blockchain…

Econometrics · Economics 2021-07-20 Constandina Koki , Stefanos Leonardos , Georgios Piliouras

Banking as an essential service can be hard to access in remote, rural regions where the network connectivity is intermittent. Although micro-banking has been made possible by SMS or USSD messages in some places, their security flaws and…

Bitcoin, Ethereum and other blockchain-based cryptocurrencies, as deployed today, cannot scale for wide-spread use. A leading approach for cryptocurrency scaling is a smart contract mechanism called a payment channel which enables two…

Cryptography and Security · Computer Science 2017-12-04 Andrew Miller , Iddo Bentov , Ranjit Kumaresan , Christopher Cordi , Patrick McCorry

The development of an electronic voting system that would replace traditional election procedures is a research topic of great interest for many years. Blockchain technology could provide some guarantees and fulfill strong requirements for…

Cryptography and Security · Computer Science 2023-07-21 Achilleas Spanos , Ioanna Kantzavelou

Decentralized, offline, and privacy-preserving e-cash could fulfil the need for both scalable and byzantine fault-resistant payment systems. Existing offline anonymous e-cash schemes are unsuitable for distributed environments due to a…

Cryptography and Security · Computer Science 2023-03-16 Alfredo Rial , Ania M. Piotrowska

Blockchain applications often rely on lightweight clients to access and verify on-chain data efficiently without the need to run a resource-intensive full node. These light clients must maintain robust security to protect the blockchain's…

Cryptography and Security · Computer Science 2024-05-03 Niusha Moshrefi , Peiyao Sheng , Soubhik Deb , Sreeram Kannan , Pramod Viswanath

We show how third-party web trackers can deanonymize users of cryptocurrencies. We present two distinct but complementary attacks. On most shopping websites, third party trackers receive information about user purchases for purposes of…

Cryptography and Security · Computer Science 2017-08-17 Steven Goldfeder , Harry Kalodner , Dillon Reisman , Arvind Narayanan

The disruptive technology of blockchain can deliver secure solutions without the need for a central authority. In blockchain protocols, assets that belong to a participant are controlled through the private key of an asymmetric key pair…

Cryptography and Security · Computer Science 2020-06-26 Mehmet Aydar , Salih Cemil Cetin , Serkan Ayvaz , Betul Aygun