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Blockchain technology enhances transparency by maintaining a distributed ledger among mutually untrusting parties. Despite its advantages, scalability and availability remain critical bottlenecks that hinder widespread adoption. The…

Distributed, Parallel, and Cluster Computing · Computer Science 2026-04-20 Manaswini Piduguralla , Souvik Sarkar , Arunmoezhi Ramachandran , Sathya Peri

The emergence of more and more blockchain solutions with innovative approaches to optimising performance, scalability, privacy and governance complicates performance analysis. Reasons for the difficulty of benchmarking blockchains include,…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-11-28 Frank Christian Geyer , Hans-Arno Jacobsen , Ruben Mayer , Peter Mandl

In recent years, blockchain technology has been recognized as a transformative innovation in the tech world, and it has quickly become the core infrastructure of digital currencies such as Bitcoin and an important tool in various…

Cryptography and Security · Computer Science 2025-01-22 Mohsen Ghorbian , Mostafa Ghobaei-Arani

The citizenship identities of a nation's occupants enable the state to identify and authenticate them unquestionably. These documents help individuals in recognizing themselves and to profit from the rights and advantages given to them by…

Computers and Society · Computer Science 2021-01-26 Sri Sai Abhishake Gopal Dasari

With the rapid evolution of technological, economic, and regulatory landscapes, contemporary blockchain platforms are all but certain to undergo major changes. Therefore, the applications that rely on them will eventually need to migrate…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-05-27 HMN Dilum Bandara , Xiwei Xu , Ingo Weber

A blockchain replaces central counterparties with time-consuming consensus protocols to record the transfer of ownership. This settlement latency slows cross-exchange trading, exposing arbitrageurs to price risk. Off-chain settlement,…

Trading and Market Microstructure · Quantitative Finance 2023-10-20 Nikolaus Hautsch , Christoph Scheuch , Stefan Voigt

Blockchain is an emerging decentralized data collection, sharing and storage technology, which have provided abundant transparent, secure, tamper-proof, secure and robust ledger services for various real-world use cases. Recent years have…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-08-18 Xiao Li , Weili Wu

Blockchain systems are being used in a wide range of application domains. They can support trusted transactions in time critical applications. In this paper, we study how miners should pick up transactions from a transaction pool so as to…

Performance · Computer Science 2020-11-24 Gholamreza Ramezan , Cyril Leung , Chunyan Miao

Blockchain is a form of distributed ledger technology (DLT) where data is shared among users connected over the internet. Transactions are data state changes on the blockchain that are permanently recorded in a secure and transparent way…

Cryptography and Security · Computer Science 2021-06-18 Amirmohammad Pasdar , Zhongli Dong , Young Choon Lee

In recent years, significant research efforts have focused on improving blockchain throughput and confirmation speeds without compromising security. While decreasing the time it takes for a transaction to be included in the blockchain…

Cryptography and Security · Computer Science 2026-04-29 Aikaterini-Panagiota Stouka , Conor McMenamin , Demetris Kyriacou , Lin Oshitani , Quentin Botha

This paper presents an approach to using decentralized distributed digital (DDD) ledgers like blockchain with multi-level verification. In regular DDD ledgers like Blockchain, only a single level of verification is available, which makes it…

Cryptography and Security · Computer Science 2024-09-30 Ayush Thada , Aanchal Kandpal , Dipanwita Sinha Mukharjee

Blockchain technology is a Distributed Ledger Technology mainly used to store information in an immutable and secure way, but scalability and throughput issues are major challenges. Integration of the NoSQL paradigm within a Blockchain…

Software Engineering · Computer Science 2023-05-26 Federico Carrozzino , Marco Fiore , Marina Mongiello

Enterprises have been attracted by the capability of blockchains to provide a single source of truth for workloads that span companies, geographies, and clouds while retaining the independence of each party's IT operations. However, so far…

Software Engineering · Computer Science 2021-10-19 Johannes Sedlmeir , Tim Wagner , Emil Djerekarov , Ryan Green , Johannes Klepsch , Shruthi Rao

In the high-stakes race to develop more scalable blockchains, some platforms (Binance, Cosmos, EOS, TRON, etc.) have adopted committee-based consensus (CBC) protocols, whereby the blockchain's record-keeping rights are entrusted to a…

Cryptography and Security · Computer Science 2022-12-02 Alon Benhaim , Brett Hemenway Falk , Gerry Tsoukalas

Blockchain systems run consensus rules as code to agree on the state of the distributed ledger and secure the network. Changing these rules can be risky and challenging. In addition, it can often be controversial and take much effort to…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-02-15 Jakob Svennevik Notland , Mariusz Nowostawski , Jingyue Li

Blockchains combine a distributed append-only log with a virtual machine that defines how log entries are interpreted. By viewing transactions as state transformation functions for the virtual machine, we separate the naming of a state from…

Cryptography and Security · Computer Science 2022-01-21 Bennet Yee , Dawn Song , Patrick McCorry , Chris Buckland

Blockchain is an emerging technology that has enabled many applications, from cryptocurrencies to digital asset management and supply chains. Due to this surge of popularity, analyzing the data stored on blockchains poses a new critical…

Cryptography and Security · Computer Science 2021-10-01 Cuneyt Gurcan Akcora , Murat Kantarcioglu , Yulia R. Gel

The blockchain initially gained traction in 2008 as the technology underlying bitcoin, but now has been employed in a diverse range of applications and created a global market worth over $150B as of 2017. What distinguishes blockchains from…

Cryptography and Security · Computer Science 2017-11-15 Shehar Bano , Alberto Sonnino , Mustafa Al-Bassam , Sarah Azouvi , Patrick McCorry , Sarah Meiklejohn , George Danezis

The security of blockchain systems based on Proof of Work relies on mining. However, mining suffers from unstable revenue, prompting many miners to form cooperative mining pools. Most existing mining pools operate in a centralized manner,…

Cryptography and Security · Computer Science 2025-01-28 Akira Sakurai , Kazuyuki Shudo

Since the emergence of blockchain technology, its application in the financial market has always been an area of focus and exploration by all parties. With the characteristics of anonymity, trust, tamper-proof, etc., blockchain technology…

Statistical Finance · Quantitative Finance 2022-04-21 Ji Liu , Zheng Xu , Yanmei Zhang , Wei Dai , Hao Wu , Shiping Chen