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The so-called blockchain trilemma asserts the impossibility of simultaneously achieving scalability, security, and decentralisation within a single blockchain protocol. In this paper, we formally refute that proposition. Employing predicate…

Computational Complexity · Computer Science 2025-07-09 Craig Wright

A smart contract is a digital program of transaction protocol (rules of contract) based on the consensus architecture of blockchain. Smart contracts with Blockchain are modern technologies that have gained enormous attention in scientific…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-02-17 Norah M. Alshahrani , M. L. Mat Kiah , B. B. Zaidan , A. H. Alamoodi , Abdu Saif

We argue that there is a hierarchy of levels describing to that particular level relevant features of reality behind the content and behavior of blockchain and smart contracts in their realistic deployment. Choice, design, audit and legal…

Computers and Society · Computer Science 2021-07-30 Zoran Škoda

The blockchain constitutes a technology-based, rather than social or regulation based, means to lower uncertainty about one another in order to exchange value. However, its use may very well also lead to increased complexity resulting from…

Computers and Society · Computer Science 2018-01-09 Henry Kim , Marek Laskowski

Blockchain is a distributed database which is cryptographically protected against malicious modifications. While promising for a wide range of applications, current blockchain platforms rely on digital signatures, which are vulnerable to…

Blockchain technology has gained tremendous popularity both in practice and academia. The goal of this article is to develop a coherent overview of the state of the art in blockchain technology, using a systematic(i.e.,protocol-based,…

Cryptography and Security · Computer Science 2019-11-28 Bert-Jan Butijn , Damian A. Tamburri , Willem-Jan Van Den Heuvel

The Blockchain technology is reshaping finance, economy, money to the extent that its disruptive power is compared to that of the Internet and the Web in their early days. As a result, all the software development revolving around the…

Software Engineering · Computer Science 2017-02-20 Simone Porru , Andrea Pinna , Michele Marchesi , Roberto Tonelli

The main aim of the paper is to create a trust and transparency in the food supply chain system, ensuring food safety for everyone with the help of Blockchain Technology. Food supply chain is the process of tracing a crop from the farmer or…

Cryptography and Security · Computer Science 2024-01-19 Sudarssan N

Two taxonomies of money that include cryptocurrencies are analyzed. A definition of the term cryptocurrency is given and a taxonomy of them is presented, based on how its price is fixed. The characteristics of the use of current fiat money…

General Finance · Quantitative Finance 2020-02-21 Jorge Barrera

The underlying fundaments of blockchain are cryptography and cryptographic concepts that provide reliable and secure decentralized solutions. Although many recent papers study the use-cases of blockchain in different industrial areas, such…

Cryptography and Security · Computer Science 2020-02-03 Mayank Raikwar , Danilo Gligoroski , Katina Kralevska

Blockchain technologies originate from cryptocurrencies. Thus, most blockchain technologies assume an environment with a fast and stable network. However, in some blockchain-based systems, e.g., supply chain management (SCM) systems, some…

As large scale construction projects become increasingly complex, the use and integration of advanced technologies are being emphasized more and more. However, the construction industry often lags behind most industries in the application…

Computational Engineering, Finance, and Science · Computer Science 2023-08-25 Wenlue Song , Hanyuan Wu , Hongwei Meng , Evan Bian , Cong Tang , Jiaqi Xi , Haogang Zhu

Companies trying to build new solutions using blockchain are confronted with a plethora of available concurrent technologies that have many control knobs which require fine-tuning by experts. Exiting studies that build decision models for…

Cryptography and Security · Computer Science 2020-04-14 Nicolas Six , Nicolas Herbaut , Camille Salinesi

The presented work continues the line of recent distributed computing communityefforts dedicated to the theoretical aspects of blockchains. This paper is the rst tospecify blockchains as a composition of abstract data types all together…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-05-15 Emmanuelle Anceaume , Antonella Del Pozzo , Romaric Ludinard , Maria Potop-Butucaru , Sara Tucci-Piergiovanni

The emerging blockchain technology supports decentralized computing paradigm shift and is a rapidly approaching phenomenon. While blockchain is thought primarily as the basis of Bitcoin, its application has grown far beyond cryptocurrencies…

Cryptography and Security · Computer Science 2020-06-23 Reza M. Parizi , Ali Dehghantanha , Kim-Kwang Raymond Choo , Amritraj Singh

Byzantine Fault Tolerant (BFT) consensus forms the foundation of many modern blockchains striving for both high throughput and low latency. A growing bottleneck is transaction execution and validation on the critical path of consensus,…

Distributed, Parallel, and Cluster Computing · Computer Science 2026-02-25 Ignacio Amores-Sesar , Mirza Ahad Baig , Seth Gilbert , Ray Neiheiser , Michelle X. Yeo

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

Blockchain technology has revolutionized the digital landscape, driving innovations across industries through its decentralized and transparent infrastructure. These networks are primarily categorized as public or private, based on user…

Cryptography and Security · Computer Science 2026-03-10 Mohammad Pishdar , Jawad Manzoor

Blockchain is relatively a new area of research. However, a surge of research studies on the blockchain has taken place in recent years. These research studies have mostly focused on designing and developing conceptual frameworks to build…

Software Engineering · Computer Science 2020-04-28 Iyolita Islam , Kazi Md. Munim , Shahrima Jannat Oishwee , A. K. M. Najmul Islam , Muhammad Nazrul Islam

Blockchain, as the backbone technology of the current popular Bitcoin digital currency, has become a promising decentralized data management framework. Although blockchain has been widely adopted in many applications, e.g., finance,…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-04-13 Zehui Xiong , Yang Zhang , Dusit Niyato , Ping Wang , Zhu Han