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This paper opts to mitigate the energy-inefficiency of the Blockchain Proof-of-Work (PoW) consensus algorithm by rationally repurposing the power spent during the mining process. The original PoW mining scheme is designed to consider one…

Cryptography and Security · Computer Science 2020-07-09 Noureddine Lasla , Lina Alsahan , Mohamed Abdallah , Mohamed Younis

Blockchain is built on a peer-to-peer network that relies on frequent communications among the distributively located nodes. In particular, the consensus mechanisms (CMs), which play a pivotal role in blockchain, are communication…

Cryptography and Security · Computer Science 2021-01-27 Lei Zhang , Hao Xu , Oluwakayode Onireti , Muhammad Ali Imran , Bin Cao

Blockchain stores information into a chain of "blocks", whose integrity is usually guaranteed by Proof of Work (PoW). In many blockchain applications (including cryptocurrencies), users compete with each other to win the ownership of the…

Cryptography and Security · Computer Science 2018-10-09 Wei Li

Many of the key enabling technologies of the fifth-generation (5G), such as network slicing, spectrum sharing, and federated learning, rely on a centralized authority. This may lead to pitfalls in terms of security or single point of…

Networking and Internet Architecture · Computer Science 2022-06-23 Shiva Kazemi Taskou , Mehdi Rasti , Pedro H. J. Nardelli

Proof of Work (PoW) blockchains burn a lot of energy. Proof-of-work algorithms are expensive by design and often only serve to compute blockchains. In some sense, carbon-based and non-carbon based regional electric power is fungible. So the…

Cryptography and Security · Computer Science 2024-04-09 Agron Gemajli , Shivam Patel , Phillip G. Bradford

Wireless blockchain network is proposed to enable a decentralized and safe wireless networks for various blockchain applications. To achieve blockchain consensus in wireless network, one of the important steps is to broadcast new block…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-04-28 Yixin Li , Bin Cao , Liang Liang , Deming Mao , Lei Zhang

Blockchain is rapidly emerging as an important class of network application, with a unique set of trust, security and transparency properties. In a blockchain system, participants record and update the `server-side' state of an application…

Networking and Internet Architecture · Computer Science 2022-05-24 Yifan Mao , Shaileshh Bojja Venkatakrishnan

Envisioned to be the future of secured distributed systems, blockchain networks have received increasing attention from both the industry and academia in recent years. However, blockchain mining processes demand high hardware costs and…

Cryptography and Security · Computer Science 2020-02-28 Minghong Fang , Jia Liu

Due to the increasing interest in blockchain technology for fostering secure, auditable, decentralized applications, a set of challenges associated with this technology need to be addressed. In this letter, we focus on the delay associated…

Networking and Internet Architecture · Computer Science 2022-02-04 Francesc Wilhelmi , Sergio Barrachina-Muñoz , Paolo Dini

Bitcoin mining is a wasteful and resource-intensive process. To add a block of transactions to the blockchain, miners spend a considerable amount of energy. The Bitcoin protocol, named 'proof of work' (PoW), resembles a lottery and the…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-01-28 Andrei Lihu , Jincheng Du , Igor Barjaktarevic , Patrick Gerzanics , Mark Harvilla

In this paper, we review the undercutting attacks in the transaction-fee-based regime of proof-of-work (PoW) blockchains with the longest chain fork-choice rule. Next, we focus on the problem of fluctuations in mining revenue and the mining…

Cryptography and Security · Computer Science 2023-02-13 Rastislav Budinský , Ivan Homoliak , Ivana Stančíková

Mining in proof-of-work blockchains has become an expensive affair requiring specialized hardware capable of executing several megahashes per second at huge electricity costs. Miners earn a reward each time they mine a block within the…

Networking and Internet Architecture · Computer Science 2023-08-30 Arti Vedula , Abhishek Gupta , Shaileshh Bojja Venkatakrishnan

We study efficiency in a proof-of-work blockchain with non-zero latencies, focusing in particular on the (inequality in) individual miners' efficiencies. Prior work attributed differences in miners' efficiencies mostly to attacks, but we…

Cryptography and Security · Computer Science 2021-06-08 Mohamed Alzayat , Johnnatan Messias , Balakrishnan Chandrasekaran , Krishna P. Gummadi , Patrick Loiseau

Proof-of-Work is a consensus algorithm where miners solve cryptographic puzzles to mine blocks and obtain a reward through some Block Reward Mechanism (BRM). PoW blockchain faces the problem of centralization due to the formation of mining…

Computer Science and Game Theory · Computer Science 2024-01-18 Varul Srivastava , Sujit Gujar

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

Blockchain is a technology that provides a distributed ledger that stores previous records while maintaining consistency and security. Bitcoin is the first and largest decentralized electronic cryptographic system that uses blockchain…

Cryptography and Security · Computer Science 2021-11-05 Befekadu G. Gebraselase , Bjarne E. Helvik , Yuming Jiang

In the traditional mobile edge computing (MEC) system, the availability of MEC services is greatly limited for the edge users of the cell due to serious signal attenuation and inter-cell interference. User-centric MEC (UC-MEC) can be seen…

Signal Processing · Electrical Eng. & Systems 2023-02-22 Langtian Qin , Hancheng Lu , Yuang Chen , Zhuojia Gu , Dan Zhao , Feng Wu

To address the large amount of energy wasted by blockchains, we propose a decentralized consensus protocol for blockchains in which the computation can be used to search for good approximate solutions to any optimization problem. Our…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-12-03 Naoki Shibata

The amalgamation of different generations of mobile cellular networks around the globe has resulted in diverse data speed experiences for end users. At present there are no defined mechanisms in place for a subscriber of one mobile network…

Networking and Internet Architecture · Computer Science 2021-04-20 Raman Singh , Hitesh Tewari

Mobile security has become more and more important due to the boom of mobile commerce (m-commerce). However, the development of m-commerce is facing many challenges regarding data security problems. Recently, blockchain has been introduced…

Cryptography and Security · Computer Science 2017-12-12 Kongrath Suankaewmanee , Dinh Thai Hoang , Dusit Niyato , Suttinee Sawadsitang , Ping Wang , Zhu Han
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