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Ethereum has emerged as a dynamic platform for exchanging cryptocurrency tokens. While token crowdsales cannot simultaneously guarantee buyers both certainty of valuation and certainty of participation, we show that if each token buyer…

Theoretical Economics · Economics 2019-08-14 Jason Teutsch , Vitalik Buterin , Christopher Brown

We propose a formal approach for specifying and implementing decentralised coordination in distributed systems, with a focus on smart contracts. Our model captures dynamic roles, data-driven transitions, and external coordination…

Programming Languages · Computer Science 2026-04-23 Elvis Konjoh Selabi , Maurizio Murgia , António Ravara , Emilio Tuosto

The long-term success of cryptocurrencies largely depends on the incentive compatibility provided to the validators. Bribery attacks, facilitated trustlessly via smart contracts, threaten this foundation. This work introduces, implements,…

Cryptography and Security · Computer Science 2026-01-14 Bence Soóki-Tóth , István András Seres , Kamilla Kara , Ábel Nagy , Balázs Pejó , Gergely Biczók

Most online lotteries today fail to ensure the verifiability of the random process and rely on a trusted third party. This issue has received little attention since the emergence of distributed protocols like Bitcoin that demonstrated the…

Distributed, Parallel, and Cluster Computing · Computer Science 2017-09-18 Stéphane Grumbach , Robert Riemann

Bribery is a perilous issue in the real world, especially in an economical aspect. This fraudulence is unavoidable, and more importantly, it is more difficult to trace in case smart contracts are utilized for bribing on a distributed public…

Cryptography and Security · Computer Science 2023-06-16 Quang Tran , Lin Chen , Lei Xu , Yang Lu , Rabimba Karanjai , Weidong Shi

As more and more data is collected for various reasons, the sharing of such data becomes paramount to increasing its value. Many applications ranging from smart cities to personalized health care require individuals and organizations to…

Computers and Society · Computer Science 2018-05-01 Kevin Liu , Harsh Desai , Lalana Kagal , Murat Kantarcioglu

Conventional random number generators provide the speed but not necessarily the high quality output streams needed for large-scale stochastic simulations. Cryptographically-based generators, on the other hand, provide superior quality…

Numerical Analysis · Mathematics 2013-07-17 William K. Cochran , Michael T. Heath , Kyle W. McKiou

The unpredictability of random numbers is fundamental to both digital security and applications that fairly distribute resources. However, existing random number generators have limitations-the generation processes cannot be fully traced,…

The rise of smart contract systems such as Ethereum has resulted in a proliferation of blockchain-based decentralized applications including applications that store and manage a wide range of data. Current smart contracts are designed to be…

Cryptography and Security · Computer Science 2019-02-26 Chao Li , Balaji Palanisamy , Runhua Xu

Blockchains are modern distributed systems that provide decentralized financial capabilities with trustable guarantees. Smart contracts are programs written in specialized programming languages running on a blockchain and govern how tokens…

Cryptography and Security · Computer Science 2022-07-11 Margarita Capretto , Martin Ceresa , Cesar Sanchez

Randomness is a critical resource of modern cryptosystems. Quantum mechanics offers the best properties of an entropy source in terms of unpredictability. However, these sources are often fragile and can fail silently. Therefore,…

Quantum Physics · Physics 2024-12-02 Rodrigo Piera , Jaideep Singh , Yury Kurochkin , James A. Grieve

Blockchains provide environments where parties can interact transparently and securely peer-to-peer without needing a trusted third party. Parties can trust the integrity and correctness of transactions and the verifiable execution of…

Cryptography and Security · Computer Science 2023-03-02 Simon Tschirner , Shashank Shekher Tripathi , Mathias Roeper , Markus M. Becker , Volker Skwarek

Modern blockchain systems support creation of smart contracts -- stateful programs hosted and executed on a blockchain. Smart contracts hold and transfer significant amounts of digital currency which makes them an attractive target for…

Software Engineering · Computer Science 2019-06-10 Dmitrii Suvorov , Vladimir Ulyantsev

The problem of a single point of failure in centralized systems poses a great challenge to the stability of such systems. Meanwhile, the tamperability of data within centralized systems makes users reluctant to trust and use centralized…

Cryptography and Security · Computer Science 2025-04-22 Ka Wai Wu

In this paper we discuss how conventional business contracts can be converted into smart contracts---their electronic equivalents that can be used to systematically monitor and enforce contractual rights, obligations and prohibitions at run…

Computers and Society · Computer Science 2018-05-03 Carlos Molina-Jimenez , Ellis Solaiman , Ioannis Sfyrakis , Irene Ng , Jon Crowcroft

Using blockchain technology, it is possible to create contracts that offer a reward in exchange for a trained machine learning model for a particular data set. This would allow users to train machine learning models for a reward in a…

Cryptography and Security · Computer Science 2018-03-01 A. Besir Kurtulmus , Kenny Daniel

Smart contracts are computer programs that are executed by a network of mutually distrusting agents, without the need of an external trusted authority. Smart contracts handle and transfer assets of considerable value (in the form of…

Programming Languages · Computer Science 2018-06-19 Krishnendu Chatterjee , Amir Kafshdar Goharshady , Yaron Velner

With the Internet of Things (IoT), Things are expected to live in different "domains" and "contexts" during their lifetime. Information generated by and associated with Things should be manageable by multiple, diverse stakeholders…

Computers and Society · Computer Science 2019-01-31 Nikos Fotiou , George C. Polyzos

The popularity and applicability of mobile crowdsensing applications are continuously increasing due to the widespread of mobile devices and their sensing and processing capabilities. However, we need to offer appropriate incentives to the…

Computer Science and Game Theory · Computer Science 2018-08-21 Dimitris Chatzopoulos , Sujit Gujar , Boi Faltings , Pan Hui

Blockchain is a novel technology that is rising a lot of interest in the industrial and re- search sectors because its properties of decentralisation, immutability and data integrity. Initially, the underlying consensus mechanism has been…

Cryptography and Security · Computer Science 2018-05-10 Stefano De Angelis