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Blockchain has been regarded as a promising technology for Internet of Things (IoT), since it provides significant solutions for decentralized network which can address trust and security concerns, high maintenance cost problem, etc. The…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-07-24 Bin Cao , Yixin Li , Lei Zhang , Long Zhang , Shahid Mumtaz , Zhenyu Zhou , Mugen Peng

Blockchains have recently gained popularity thanks to their ability to record "digital truth". They are designed to keep persistence, security, and avoid attacks which is useful for many applications. However, they are still problematic in…

Cryptography and Security · Computer Science 2019-01-14 David Amar , Lior Zilpa

Does the proof-of-work protocol serve its intended purpose of supporting decentralized cryptocurrency mining? To address this question, we develop a game-theoretical model where miners first invest in hardware to improve the efficiency of…

Trading and Market Microstructure · Quantitative Finance 2021-06-21 Agostino Capponi , Sveinn Olafsson , Humoud Alsabah

Decentralization is a fundamental design element of the Web3 economy. Blockchains and distributed consensus mechanisms are touted as fault-tolerant, attack-resistant, and collusion-proof because they are decentralized. Recent analyses,…

Networking and Internet Architecture · Computer Science 2026-04-15 Harang Ju , Madhav Kumar , Ehsan Valavi , Sinan Aral

The application of renewable energy sources in the power grid increases the necessity of tracking the system's state, especially in smart grids, where there is a bidirectional transfer of data and power. The complexity of coupling between…

Systems and Control · Electrical Eng. & Systems 2021-06-24 Sajjad Asefi , Yash Madhwal , Yury Yanovich , Elena Gryazina

Bitcoin is the most successful cryptocurrency so far. This is mainly due to its novel consensus algorithm, which is based on proof-of-work combined with a cryptographically-protected data structure and a rewarding scheme that incentivizes…

Cryptography and Security · Computer Science 2019-05-24 Pawel Szalachowski , Daniel Reijsbergen , Ivan Homoliak , Siwei Sun

In the given technology-driven era, smart cities are the next frontier of technology, aiming at improving the quality of people's lives. Many research works focus on future smart cities with a holistic approach towards smart city…

Cryptography and Security · Computer Science 2021-07-22 S. Valli Sanghami , John J. Lee , Qin Hu

Blockchain represents a technology for establishing a shared, immutable version of the truth between a network of participants that do not trust one another, and therefore has the potential to disrupt any financial or other industries that…

Computers and Society · Computer Science 2016-11-02 Marek Laskowski , Henry M. Kim

Consensus mechanism is the heart of any blockchain network. Many projects have proposed alternative protocols to improve restricted scalability of Proof of Work originated since Bitcoin. As an improvement of Delegated Proof of Stake, in…

Cryptography and Security · Computer Science 2019-12-10 Thuat Do , Thao Nguyen , Hung Pham

In the light of the recent fame of Blockchain technologies, numerous proposals and projects aiming at better practical viability have emerged. However, formally assessing their particularities and benefits has proven to be a difficult task.…

Cryptography and Security · Computer Science 2019-06-13 Antoine Durand , Elyes Ben-Hamida , David Leporini , Gérard Memmi

Proof of work cryptocurrencies began with the promise of a more egalitarian future with a decentralized monetary system with no powerful entities in charge. While this vision is far from realized, these cryptocurrencies are still touted to…

Cryptography and Security · Computer Science 2022-03-31 Sishan Long , Soumya Basu , Emin Gün Sirer

Transaction throughput, confirmation latency and confirmation reliability are fundamental performance measures of any blockchain system in addition to its security. In a decentralized setting, these measures are limited by two underlying…

Cryptography and Security · Computer Science 2019-10-03 Vivek Bagaria , Sreeram Kannan , David Tse , Giulia Fanti , Pramod Viswanath

Blockchain is based on a P2P network, supporting decentralized consensus of current cryptocurrencies. Since bitcoin and altcoins all utilize an underlying blockchain, they are therefore greatly affected by the performance of the P2P…

Networking and Internet Architecture · Computer Science 2018-09-17 Wei Bi , Huawei Yang , Maolin Zheng

As an emerging service framework built by combining cryptography, P2P network, consensus mechanism and innovative contract technology, blockchain has been widely used in digital finance, data sharing, message traceability and electronic…

Cryptography and Security · Computer Science 2025-08-05 Wenwen Zhou , Dongyang Lyu , Xiaoqi Li

Skill verification is a central problem in workforce hiring. Companies and academia often face the difficulty of ascertaining the skills of an applicant since the certifications of the skills claimed by a candidate are generally not…

Cryptography and Security · Computer Science 2020-03-26 Jay Gupta , Swaprava Nath

Popular distributed ledger technology (DLT) systems using proof-of-work (PoW) for Sybil attack resistance have extreme energy requirements, drawing stern criticism from academia, businesses, and the media. DLT systems building on…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-04-05 Moritz Platt , Johannes Sedlmeir , Daniel Platt , Paolo Tasca , Jiahua Xu , Nikhil Vadgama , Juan Ignacio Ibañez

Today's world is organized based on merit and value. A single global currency that's decentralized is needed for a global economy. Bitcoin is a partial solution to this need, however it suffers from scalability problems which prevent it…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-10-29 Iurii Shyshatsky , Vinod Manoharan , Taras Emelyanenko , Lucas Leger

Currently, there is no universal method to track who shared what, with whom, when and for what purposes in a verifiable way to create an individual incentive for data owners. A platform that allows data owners to control, delete, and get…

Cryptography and Security · Computer Science 2025-10-29 Ajay Kumar Shrestha , Julita Vassileva

Open-access blockchains based on proof-of-work protocols have gained tremendous popularity for their capabilities of providing decentralized tamper-proof ledgers and platforms for data-driven autonomous organization. Nevertheless, the…

Cryptography and Security · Computer Science 2019-05-14 Shaohan Feng , Wenbo Wang , Zehui Xiong , Dusit Niyato , Ping Wang , Shaun Shuxun Wang

Distributed ledger technology has gained wide popularity and adoption since the emergence of bitcoin in 2008 which is based on proof of work (PoW). It is a distributed, transparent and immutable database of records of all the transactions…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-10-10 Abdul Wahab , Waqas Mehmood