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Banking as an essential service can be hard to access in remote, rural regions where the network connectivity is intermittent. Although micro-banking has been made possible by SMS or USSD messages in some places, their security flaws and…

The Ethereum blockchain network is a decentralized platform enabling smart contract execution and transactions of Ether (ETH) [1], its designated cryptocurrency. Ethereum is the second most popular cryptocurrency with a market cap of more…

Social and Information Networks · Computer Science 2018-10-04 Morit Zwang , Shahar Somin , Alex 'Sandy' Pentland , Yaniv Altshuler

There is a resurgence of interest in Byzantine fault-tolerant (BFT) systems due to blockchains. However, leader-based BFT consensus protocols used by permissioned blockchains have limited scalability and robustness. To alleviate the leader…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-09-27 Fangyu Gai , Jianyu Niu , Ivan Beschastnikh , Chen Feng , Sheng Wang

Catalyzed by the popularity of blockchain technology, there has recently been a renewed interest in the design, implementation and evaluation of decentralized systems. Most of these systems are intended to be deployed at scale and in…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-01-12 Martijn de Vos , Georgy Ishmaev , Johan Pouwelse , Stefanie Roos

Blockchain applications that rely on the Proof-of-Work (PoW) have increasingly become energy inefficient with a staggering carbon footprint. In contrast, energy-efficient alternative consensus protocols such as Proof-of-Stake (PoS) may…

Cryptography and Security · Computer Science 2021-01-05 Muhammad Saad , Zhan Qin , Kui Ren , DaeHun Nyang , David Mohaisen

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

Distributed consensus mechanisms have been widely researched and made popular with a number of blockchain-based token applications, such as Bitcoin, and Ethereum. Although these general-purpose platforms have matured for scale and security,…

Cryptography and Security · Computer Science 2020-04-28 Steven Platt , Miquel Oliver-Riera

Blockchain-based cryptocurrencies, facilitating the convenience of payment by providing a decentralized online solution, have not been widely adopted so far due to slow confirmation of transactions. Offline delegation offers an efficient…

Cryptography and Security · Computer Science 2021-03-25 Rujia Li , Qin Wang , Xinrui Zhang , Qi Wang , David Galindo , Yang Xiang

Prior research has proposed technical solutions to use peer-to-peer (P2P) content delivery to serve Internet video, showing that it can reduce costs to content providers. Yet, such methods have not become widespread except for a few niche…

Networking and Internet Architecture · Computer Science 2018-08-03 Prateesh Goyal , Ravi Netravali , Mohammad Alizadeh , Hari Balakrishnan

Mobile service providers (MSPs) are particularly vulnerable to roaming frauds, especially ones that exploit the long delay in the data exchange process of the contemporary roaming management systems, causing multi-billion dollars loss each…

Cryptography and Security · Computer Science 2020-05-12 Cong T. Nguyen , Diep N. Nguyen , Dinh Thai Hoang , Hoang-Anh Pham , Nguyen Huynh Tuong , Yong Xiao , Eryk Dutkiewicz

Achieving the equilibrium between scalability, sustainability, and security while keeping decentralization has prevailed as the target solution for decentralized blockchain applications over the last years. Several approaches have been…

Cryptography and Security · Computer Science 2022-09-23 Mikel Cortes-Goicoechea , Leonardo Bautista-Gomez

Blockchain offers a decentralized, immutable, transparent system of records. It offers a peer-to-peer network of nodes with no centralised governing entity making it unhackable and therefore, more secure than the traditional paper-based or…

Cryptography and Security · Computer Science 2019-11-27 Harsh Jot Singh , Abdelhakim Senhaji Hafid

Spam poses a growing threat to blockchain networks. Adversaries can easily create multiple accounts to flood transaction pools, inflating fees and degrading service quality. Existing defenses against spam, such as fee markets and staking…

Cryptography and Security · Computer Science 2025-09-30 Rowdy Chotkan , Bulat Nasrulin , Jérémie Decouchant , Johan Pouwelse

Decentralized blockchain platforms have enabled the secure exchange of crypto-assets without the intermediation of trusted authorities. To this purpose, these platforms rely on a peer-to-peer network of byzantine nodes, which…

Cryptography and Security · Computer Science 2023-06-22 Massimo Bartoletti , Letterio Galletta , Maurizio Murgia

The Proof of Efficient Liquidity (PoEL) protocol, designed for specialised Proof of Stake (PoS) consensus-based blockchains that incorporate intrinsic DeFi applications, aims to support sustainable liquidity bootstrapping and network…

General Finance · Quantitative Finance 2024-02-19 Arman Abgaryan , Utkarsh Sharma , Joshua Tobkin

Blockchain, which is a technology for distributedly managing ledger information over multiple nodes without a centralized system, has elicited increasing attention. Performing experiments on actual blockchains are difficult because a large…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-03-20 Yusuke Aoki , Kai Otsuki , Takeshi Kaneko , Ryohei Banno , Kazuyuki Shudo

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

The comparative analysis examined eleven Proof-of-Stake (PoS) consensus-based blockchain networks to assess their openness based on five indicative metrics. These metrics include those of decentralization-related aspects, such as the number…

Cryptography and Security · Computer Science 2023-05-23 Jiseong Noh , Donghwan Kwon , Soohwan Cho , Neo C. K. Yiu

Traditional facility management often relies on centralized decision-making structures that limit stakeholder participation, leading to misalignment with occupant needs and reduced satisfaction. This paper proposes a novel blockchain- and…

Cryptography and Security · Computer Science 2026-05-20 Reachsak Ly , Alireza Shojaei , Xinghua Gao , Philip Agee , Abiola Akanmu

Public blockchains have spurred the growing popularity of decentralized transactions and smart contracts, but they exhibit limitations on the transaction throughput, storage, and computation. To avoid transaction gridlock, public…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-07-13 Nikolay Ivanov , Qiben Yan , Qingyang Wang