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Blockchain has many benefits including decentralization, availability, persistency, consistency, anonymity, auditability and accountability, and it also covers a wide spectrum of applications ranging from cryptocurrency, financial services,…

Computational Engineering, Finance, and Science · Computer Science 2018-10-02 Quan-Lin Li , Jing-Yu Ma , Yan-Xia Chang

Blockchain consensus is a state whereby each node in a network agrees on the current state of the blockchain. Existing protocols achieve consensus via a contest or voting procedure to select one node as a dictator to propose new blocks.…

Theoretical Economics · Economics 2022-06-22 Joshua S. Gans , Richard Holden

Blockchain technology has gained tremendous popularity both in practice and academia. The goal of this article is to develop a coherent overview of the state of the art in blockchain technology, using a systematic(i.e.,protocol-based,…

Cryptography and Security · Computer Science 2019-11-28 Bert-Jan Butijn , Damian A. Tamburri , Willem-Jan Van Den Heuvel

Censorship resistance with short-term inclusion guarantees is an important feature of decentralized systems, missing from many state-of-the-art and even deployed consensus protocols. In leader-based protocols the leader arbitrarily selects…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-08-19 Orestis Alpos , Bernardo David , Nikolas Kamarinakis , Dionysis Zindros

Fuelled by the success (and hype) around cryptocurrencies, distributed ledger technologies (DLT), particularly blockchains, have gained a lot of attention from a wide spectrum of audience who perceive blockchains as a key to carry out…

Computers and Society · Computer Science 2019-05-22 Anwitaman Datta

Blockchain has received much attention recently, due to its promises of verifiable, permanent, decentralized, and efficient data handling. In 2017-2019 blockchain and associated technologies such as smart contracts has progressed beyond…

Computers and Society · Computer Science 2020-06-11 Artyom Kosmarski

Cryptocurrencies are poised to revolutionize the modern economy by democratizing commerce. These currencies operate on top of blockchain-based distributed ledgers. Existing permissionless blockchain-based protocols offer unparalleled…

Cryptography and Security · Computer Science 2022-03-25 Anurag Jain , Sanidhay Arora , Sankarshan Damle , Sujit Gujar

The rise of blockchain technologies has given a boost to social good projects, which are trying to exploit various characteristic features of blockchains: the quick and inexpensive transfer of cryptocurrency, the transparency of…

Computers and Society · Computer Science 2018-11-09 Massimo Bartoletti , Tiziana Cimoli , Livio Pompianu , Sergio Serusi

In recent years, the term Metaverse emerged as one of the most compelling concepts, captivating the interest of international companies such as Tencent, ByteDance, Microsoft, and Facebook. These company recognized the Metaverse as a pivotal…

Cryptography and Security · Computer Science 2026-02-11 Bingquan Jin , Hailu Kuang , Xiaoqi Li

Decentralized finance, powered by blockchain technology, is growing day by day. This field, which emerged a few years ago, today manages $70 billion in assets. In this study, the concept of decentralized finance is discussed and explained…

General Finance · Quantitative Finance 2023-04-05 Mansur Bestas

Consensus is unnecessary when the truth is available. In this paper, we present a new perspective of rebuilding the blockchain without consensus. When the consensus phase is eliminated from a blockchain, transactions could be canonized…

Networking and Internet Architecture · Computer Science 2022-09-29 Qing Wang , Jian Zheng , Huawei Huang , Jianru Lin

With the advancement of technology and subsequently the age of digital information, online trustworthy identification has become increasingly more important. With respect to the various data breaches and privacy regulations, the current…

Cryptography and Security · Computer Science 2019-04-30 Dirk van Bokkem , Rico Hageman , Gijs Koning , Luat Nguyen , Naqib Zarin

A comparative study across the most widely known blockchain technologies is conducted with a bottom-up approach. Blockchains are disentangled into building blocks. Each building block is then hierarchically classified in main and…

Computers and Society · Computer Science 2018-04-17 Paolo Tasca , Claudio J. Tessone

For more than a century, the grid has operated in a centralized top-down fashion. However, as distributed energy resources (DERs) penetration grows, the grid edge is increasingly infused with intelligent computing and communication…

Systems and Control · Electrical Eng. & Systems 2024-08-30 Sakshi Mishra , Roohallah Khatami , Yu Christine Chen

Decentralized Ledger Technology, popularized by the Bitcoin network, aims to keep track of a ledger of valid transactions between agents of a virtual economy without a central institution for coordination. In order to keep track of a…

Systems and Control · Computer Science 2018-07-04 Michael Zargham , Zixuan Zhang , Victor Preciado

Public key infrastructures are essential for Internet security, ensuring robust certificate management and revocation mechanisms. The transition from centralized to decentralized systems presents challenges such as trust distribution and…

Cryptography and Security · Computer Science 2025-03-05 Patrick Herbke , Thomas Cory , Mauro Migliardi

While centralized servers pose a risk of being a single point of failure, decentralized approaches like blockchain offer a compelling solution by implementing a consensus mechanism among multiple entities. Merging distributed computing with…

Cryptography and Security · Computer Science 2024-03-29 Ji Liu , Chunlu Chen , Yu Li , Lin Sun , Yulun Song , Jingbo Zhou , Bo Jing , Dejing Dou

Blockchain based cryptocurrencies are usually unmanaged, distributed, consensus-based systems in which no single entity has control. Managed cryptocurrencies can be implemented using private blockchains but are fundamentally different as…

Cryptography and Security · Computer Science 2019-06-27 Peter Mell

Fog computing is a paradigm for distributed computing that enables sharing of resources such as computing, storage and network services. Unlike cloud computing, fog computing platforms primarily support {\em non-functional properties} such…

Cryptography and Security · Computer Science 2021-02-18 Arvind W. Kiwelekar , Pramod Patil , Laxman D. Netak , Sanjay U Waikar

Internet of Things (IoT) services necessitate the storage, transmission, and analysis of diverse data for inference, autonomy, and control. Blockchains, with their inherent properties of decentralization and security, offer efficient…

Cryptography and Security · Computer Science 2024-06-18 Yusen Wu , Ye Hu , Mingzhe Chen , Yelena Yesha , Mérouane Debbah
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