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Clients of permissionless blockchain systems, like Bitcoin, rely on an underlying peer-to-peer network to send and receive transactions. It is critical that a client is connected to at least one honest peer, as otherwise the client can be…

Cryptography and Security · Computer Science 2020-07-07 Bithin Alangot , Daniel Reijsbergen , Sarad Venugopalan , Pawel Szalachowski

Blockchain is a core technology to manage the value of cryptocurrencies, or to record trails of important business trades. The Smart Contract on blockchain is expected to improve security on blockchain system with automated operation, but…

Cryptography and Security · Computer Science 2020-01-07 Shingo Fujimoto , Yoshiki Higashikado , Takuma Takeuchi

Since the advent of bitcoin in 2008, the concept of a blockchain has widely spread. Besides crypto currencies and trading activities, there is a wide range of potential application areas where blockchains are providing the main building…

Cryptography and Security · Computer Science 2021-03-05 Luca Gambazzi , Patrick Schaller , Alain Mermoud , Vincent Lenders

Blockchain is a linearly linked, distributed, and very robust data structure. Originally proposed as part of the Bitcoin distributed stack, it found a number of applications in a number of fields, most notably in smart contracts, social…

Cryptography and Security · Computer Science 2023-01-13 Georgios Drakopoulos , Michail Marountas , Xenophon Liapakis , Giannis Tzimas , Phivos Mylonas , Spyros Sioutas

Blockchains are tamper evident and tamper resistant digital ledgers implemented in a distributed fashion (i.e., without a central repository) and usually without a central authority (i.e., a bank, company, or government). At their basic…

Cryptography and Security · Computer Science 2019-06-27 Dylan Yaga , Peter Mell , Nik Roby , Karen Scarfone

A bitcoin \textit{covenant} is a mechanism to enforce conditions on future bitcoin transactions. A bitcoin \textit{vault} is a specific type of covenant transaction that enforces a time-lock on the transfer of control of funds to a hot…

Cryptography and Security · Computer Science 2020-05-26 Jacob Swambo , Spencer Hommel , Bob McElrath , Bryan Bishop

Bitcoin is a decentralised digital currency that relies on cryptography rather than trusted third parties such as central banks for its security. Underpinning the operation of the currency is a peer-to-peer (P2P) network that facilitates…

Cryptography and Security · Computer Science 2018-05-29 James Tapsell , Raja Naeem Akram , Konstantinos Markantonakis

This article aims to study intrusion attacks and then develop a novel cyberattack detection framework to detect cyberattacks at the network layer (e.g., Brute Password and Flooding of Transactions) of blockchain networks. Specifically, we…

Cryptography and Security · Computer Science 2024-05-07 Tran Viet Khoa , Do Hai Son , Dinh Thai Hoang , Nguyen Linh Trung , Tran Thi Thuy Quynh , Diep N. Nguyen , Nguyen Viet Ha , Eryk Dutkiewicz

With the advent of decentralised digital currencies powered by blockchain technology, a new era of peer-to-peer transactions has commenced. The rapid growth of the cryptocurrency economy has led to increased use of transaction-enabling…

Cryptography and Security · Computer Science 2025-11-05 Yimika Erinle , Yathin Kethepalli , Yebo Feng , Jiahua Xu

Blockchain offers an innovative approach to storing information, executing transactions, performing functions, and establishing trust in an open environment. Many consider blockchain as a technology breakthrough for cryptography and…

Cryptography and Security · Computer Science 2019-08-20 Rui Zhang , Rui Xue , Ling Liu

Blockchain technology has become almost as famous for incidents involving security breaches as for its innovative potential. We shed light on the prevalence and nature of these incidents through a database structured using the STIX format.…

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

Blockchain (BC), a by-product of Bitcoin cryptocurrency, has gained immense and wide scale popularity for its applicability in various diverse domains - especially in multifaceted non-monetary systems. By adopting cryptographic techniques…

Cryptography and Security · Computer Science 2020-11-19 Mahdi H. Miraz , Maaruf Ali

We present and validate a novel mathematical model of the blockchain mining process and use it to conduct an economic evaluation of the double-spend attack, which is fundamental to all blockchain systems. Our analysis focuses on the value…

Cryptography and Security · Computer Science 2016-11-22 George Bissias , Brian Neil Levine , A. Pinar Ozisik , Gavin Andresen

Conflicting transactions within blockchain networks not only pose performance challenges but also introduce security vulnerabilities, potentially facilitating malicious attacks. In this paper, we explore the impact of conflicting…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-04-25 Faisal Haque Bappy , Tariqul Islam , Kamrul Hasan , Joon S. Park , Carlos Caicedo

Blockchain technology has set off a wave of decentralization in the world since its birth. The trust system constructed by blockchain technology based on cryptography algorithm and computing power provides a practical and powerful solution…

Computational Engineering, Finance, and Science · Computer Science 2025-05-08 Pengfei Gao , Dechao Kong , Xiaoqi Li

For data privacy, system reliability, and security, Blockchain technologies have become more popular in recent years. Despite its usefulness, the blockchain is vulnerable to cyber assaults; for example, in January 2019 a 51% attack on…

Cryptography and Security · Computer Science 2022-12-20 D. Nancy Kirupanithi , A. Antonidoss , G. Subathra

Recently, blockchain has been applied in various fields to secure data exchanges and storage in decentralized systems. In a blockchain application where the task of the application which makes use of the data stored in a blockchain has to…

Cryptography and Security · Computer Science 2023-04-21 Yiming Jiang , Jiangfan Zhang

The cybersecurity of modern systems has dramatically increased attention from both industrial and academia perspectives. In the recent era, the popularity of the blockchain-based system has traditionally been emergent among various…

Cryptography and Security · Computer Science 2022-09-13 Abdul Khalique Shaikh A. K. Al-Alawi , L. R. , Al-Busaidi , R. , Shaikh

Blockchain (BC), the technology behind the Bitcoin crypto-currency system, is considered to be both alluring and critical for ensuring enhanced security and (in some implementations, non-traceable) privacy for diverse applications in many…

Cryptography and Security · Computer Science 2018-12-14 Mahdi H. Miraz , Maaruf Ali