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Blockchain and distributed ledger technologies are gaining the interest of the academy, companies, and institutions. Nonetheless, the path toward blockchain adoption is not straightforward, as blockchain is a complex technology that…

Cryptography and Security · Computer Science 2022-10-27 Vittorio Capocasale , Guido Perboli

We examine blockchain technologies, especially smart contracts, as a platform for decentralized applications. By providing a basis for consensus, blockchain promises to upend business models that presuppose a central authority. However,…

Computers and Society · Computer Science 2018-01-10 Munindar P. Singh , Amit K. Chopra

Smart contracts are nowadays at the core of most blockchain systems, as they specify and allow an agreement between entities that wish to perform a transaction. As any computer program, smart contracts are subject to the presence of…

Cryptography and Security · Computer Science 2024-07-19 Fernando Richter Vidal , Naghmeh Ivaki , Nuno Laranjeiro

Blockchains are being positioned as the "technology of trust" that can be used to mediate transactions between non-trusting parties without the need for a central authority. They support transaction types that are native to the blockchain…

Cryptography and Security · Computer Science 2024-11-06 Nodirbek Korchiev , Akash Pateria , Vodelina Samatova , Sogolsadat Mansouri , Kemafor Anyanwu

Blockchain technology has emerged as one of the most transformative digital innovations of the 21st century. This paper presents a comprehensive review of blockchain's fundamental architecture, tracing its development from Bitcoin's initial…

Cryptography and Security · Computer Science 2025-05-14 Aditya Pratap Singh

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

As digitalization and technological advancements continue to shape the infrastructure landscape, the emergence of blockchain-based decentralized physical infrastructure networks (DePINs) has gained prominence. However, a systematic…

Networking and Internet Architecture · Computer Science 2023-10-16 Mark C. Ballandies , Hongyang Wang , Andrew Chung Chee Law , Joshua C. Yang , Christophe Gösken , Michael Andrew

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

Blokchain is a promising technology to enable distributed and reliable data sharing at the network edge. The high security in blockchain is undoubtedly a critical factor for the network to handle important data item. On the other hand,…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-12-09 Yixin Li , Liang Liang , Yunjian Jia , Wanli Wen , Chaowei Tang , Zhengchuan Chen

Blockchain is a novel technology that is rising a lot of interest in the industrial and re- search sectors because its properties of decentralisation, immutability and data integrity. Initially, the underlying consensus mechanism has been…

Cryptography and Security · Computer Science 2018-05-10 Stefano De Angelis

Bitcoin introduced delegation of control over a monetary system from a select few to all who participate in that system. This delegation is known as the decentralization of controlling power and is a powerful security mechanism for the…

Computers and Society · Computer Science 2020-09-29 Ashish Rajendra Sai , Jim Buckley , Brian Fitzgerald , Andrew Le Gear

The application of Bitcoin enables people to understand blockchain technology gradually. Bitcoin is a decentralized currency that does not rely on third-party credit institutions, and the core of Bitcoin's underlying technology is…

Cryptography and Security · Computer Science 2025-04-15 Yuhuan Yang , Shipeng Ye , Xiaoqi Li

There has been an intense concern for security alternatives because of the recent rise of cyber attacks, mainly targeting critical systems such as industry, medical, or energy ecosystem. Though the latest industry infrastructures largely…

Cryptography and Security · Computer Science 2021-06-28 Ziaur Rahman , Ibrahim Khalil , Xun Yi , Mohammed Atiquzzaman

This paper addresses the issue of blockchain protocol risks, a foundational category of risks affecting Distributed Ledger Technology (DLT) which underpins digital assets, smart contracts, and decentralised applications. It presents a…

Risk Management · Quantitative Finance 2023-10-18 Alex Nathan , Dimosthenis Kaponis , Saul Lustgarten

In this paper, we propose a blockchain-based computing verification protocol, called EntrapNet, for distributed shared computing networks, an emerging underlying network for many internet of things (IoT) applications. EntrapNet borrows the…

Cryptography and Security · Computer Science 2021-05-04 Chong Li , Lei Zhang , Serbiao Fang

The blockchain technology enables mutually untrusting participants to reach consensus on the state of a distributed and decentralized ledger (called a blockchain) in a permissionless setting. The consensus protocol of the blockchain imposes…

Cryptography and Security · Computer Science 2019-03-12 Chunpeng Ge , Siwei Sun , Pawel Szalachowski

Blockchain is challenging the status quo of the central trust infrastructure currently prevalent in the Internet towards a design principle that is underscored by decentralization, transparency, and trusted auditability. In ideal terms,…

Blockchain, as the basis for cryptocurrencies, has received extensive attentions recently. Blockchain serves as an immutable distributed ledger technology which allows transactions to be carried out credibly in a decentralized environment.…

Cryptography and Security · Computer Science 2023-10-10 Min An , Qiyuan Fan , Hao Yu , Haiyang Zhao

Heretofore the concept of "blockchain" has not been precisely defined. Accordingly the potential useful applications of this technology have been largely inflated. This work sidesteps the question of what constitutes a blockchain as such…

Databases · Computer Science 2017-03-14 S. Matthew English , Ehsan Nezhadian

There is an ongoing competition among blockchain technologies and the existence of one ultimate blockchain is impossible for many reasons. On the other hand, such variety can create difficulties in adoption, especially for the governments…

Cryptography and Security · Computer Science 2020-07-24 Oleksii Konashevych