Related papers: Incentives in Ethereum's Hybrid Casper Protocol
Ethereum is currently the second largest blockchain by market capitalization and a popular platform for cryptocurrencies. As it has grown, the high value present and the anonymity afforded by the technology have led Ethereum to become a…
As artificial intelligence systems become increasingly powerful, they pose growing risks to international security, creating urgent coordination challenges that current governance approaches struggle to address without compromising…
The metaverse, emerging as a revolutionary platform for social and economic activities, provides various virtual services while posing security and privacy challenges. Wearable devices serve as bridges between the real world and the…
We study the applicability of blockchain technology for distributed event detection under resource constraints. Therefore we provide a test-suite with several promising consensus methods (Proof-of-Work, Proof-of-Stake, Distributed…
Blockchains offer trust and immutability in non-trusted environments, but most are not fast enough for latency-sensitive applications. Hyperledger Fabric (HF) is a common enterprise-level platform that is being offered as…
Smart contracts are programs that execute inside blockchains such as Ethereum to manipulate digital assets. Since bugs in smart contracts may lead to substantial financial losses, there is considerable interest in formally proving their…
Blockchain systems, such as Ethereum, are increasingly adopting layer-2 scaling solutions to improve transaction throughput and reduce fees. One popular layer-2 approach is the Optimistic Rollup, which relies on a mechanism known as a…
Decentralized cryptocurrencies feature the use of blockchain to transfer values among peers on networks without central agency. Smart contracts are programs running on top of the blockchain consensus protocol to enable people make…
The rapid development of Internet of Things (IoT) technology has led to growing concerns about data security and user privacy in the interactions within distributed systems. Decentralized Applications (DApps) in distributed systems consist…
Turing completeness has made Ethereum smart contracts attractive to blockchain developers and attackers alike. To increase code security, many tools can now spot most known vulnerabilities$-$at the cost of production efficiency. Recent…
At present, millions of Ethereum smart contracts are created per year and attract financially motivated attackers. However, existing analyzers do not meet the need to precisely analyze the financial security of large numbers of contracts.…
Peer-review is a necessary and essential quality control step for scientific publications but lacks proper incentives. Indeed, the process, which is very costly in terms of time and intellectual investment, not only is not remunerated by…
Ethereum is a permissionless blockchain ecosystem that supports execution of smart contracts, the key enablers of decentralized finance (DeFi) and non-fungible tokens (NFT). However, the expressiveness of Ethereum smart contracts is a…
Proof-of-Work (PoW) is the most widely adopted incentive model in current blockchain systems, which unfortunately is energy inefficient. Proof-of-Stake (PoS) is then proposed to tackle the energy issue. The rich-get-richer concern of PoS…
Cryptocurrencies have gained popularity due to their transparency, security, and accessibility compared to traditional financial systems, with Bitcoin, introduced in 2009, leading the market. Bitcoin's security relies on blockchain…
Low transaction throughput and poor scalability are significant issues in public blockchain consensus protocols such as Bitcoins. Recent research efforts in this direction have proposed shard-based consensus protocols where the key idea is…
In this paper, we explore remarkable similarities between multi-transactional behaviors of smart contracts in cryptocurrencies such as Ethereum and classical problems of shared-memory concurrency. We examine two real-world examples from the…
The security of blockchain systems is fundamentally based on the decentralized consensus in which the majority of parties behave honestly, and the content verification process is essential to maintaining the robustness of blockchain…
Proof-of-work blockchains need to be carefully designed so as to create the proper incentives for miners to faithfully maintain the network in a sustainable way. This paper describes how the economic engineering of the Conflux Network, a…
Firmware integrity is a foundational requirement for securing Cyber-Physical Systems (CPS), where malicious or compromised firmware can result in persistent backdoors, unauthorized control, or catastrophic system failures. Traditional…