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We argue that the current POW based consensus algorithm of the Bitcoin network suffers from a fundamental economic discrepancy between the real world transaction (txn) costs incurred by miners and the wealth that is being transacted. Put…

Numerical Analysis · Mathematics 2024-04-24 Valdemar Melicher

Stablecoins, which are primarily intended to function as a global reserve of value are insubstantial in their design and present many failure points. The primary mechanism to enable these coins to hold on to a fixed value is by backing them…

Computer Science and Game Theory · Computer Science 2024-09-01 Souradeep Das , Revathi Venkataraman

Growing consumer awareness as well as manufacturers' internal quality requirements lead to novel demands on supply chain traceability. Existing centralized solutions suffer from isolated data storage and lacking trust when multiple parties…

Computers and Society · Computer Science 2018-10-24 Martin Westerkamp , Friedhelm Victor , Axel Küpper

Smart contracts are cryptographic protocols that are enforced without a judiciary. Smart contracts are used occasionally in Bitcoin and are prevalent in Ethereum. Public quantum money improves upon cash we use today, yet the current…

Quantum Physics · Physics 2022-09-20 Or Sattath

Increasingly, information systems rely on computational, storage, and network resources deployed in third-party facilities such as cloud centers and edge nodes. Such an approach further exacerbates cybersecurity concerns constantly raised…

Cryptography and Security · Computer Science 2022-06-07 Runhua Xu , Chao Li , James Joshi

Blockchain has been praised for its capacity to hold data in a decentralized and tamper-proof way. It also supports the execution of code through blockchain's smart contracts, adding automation of actions to the network with high…

Cryptography and Security · Computer Science 2021-01-25 Nicolas Six , Claudia Negri Ribalta , Nicolas Herbaut , Camille Salinesi

Large-scale computational experiments, often running over weeks and over large datasets, are used extensively in fields such as epidemiology, meteorology, computational biology, and healthcare to understand phenomena, and design high-stakes…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-09-25 Ravi Kiran Raman , Roman Vaculin , Michael Hind , Sekou L. Remy , Eleftheria K. Pissadaki , Nelson Kibichii Bore , Roozbeh Daneshvar , Biplav Srivastava , Kush R. Varshney

By requiring all data packets been cryptographically authenticatable, the Named Data Networking (NDN) architecture design provides a basic building block for secured networking. This basic NDN function requires that all entities in an NDN…

Cryptography and Security · Computer Science 2023-08-15 Tianyuan Yu , Xinyu Ma , Hongcheng Xie , Xiaohua Jia , Lixia Zhang

Modern computer systems tend to rely on large trusted computing bases (TCBs) for operations. To address the TCB bloating problem, hardware vendors have developed mechanisms to enable or facilitate the creation of a trusted execution…

Cryptography and Security · Computer Science 2023-01-02 Rabimba Karanjai , Lei Xu , Lin Chen , Fengwei Zhang , Zhimin Gao , Weidong Shi

As the killer application of blockchain technology, blockchain-based payments have attracted extensive attention ranging from hobbyists to corporates to regulatory bodies. Blockchain facilitates fast, secure, and cross-border payments…

Software Engineering · Computer Science 2021-08-19 Qinghua Lu , Xiwei Xu , H. M. N. Dilum Bandara , Shiping Chen , Liming Zhu

Blockchain technology has emerged as a transformative paradigm for decentralized and secure data management across diverse application domains, including healthcare, supply chain management, and the Internet of Things. Its core features,…

Cryptography and Security · Computer Science 2025-05-14 Hojer Key

We argue that recent developments in proof-of-work consensus mechanisms can be used in accordance with advancements in formal verification techniques to build a distributed payment protocol that addresses important economic drawbacks from…

Cryptography and Security · Computer Science 2020-05-14 Assimakis Kattis , Fabian Trottner

In this paper we propose a comprehensive and scalable framework to build secure-by-design e-voting systems. Decentralization, transparency, determinism, and untamperability of votes are granted by dedicated smart contracts on a blockchain,…

Cryptography and Security · Computer Science 2021-11-04 Antonio Russo , Antonio Fernández Anta , Maria Isabel González Vasco , Simon Pietro Romano

Blockchains are widely used for secure transaction processing, but their scalability remains limited, and existing multichain designs are typically static even as demand and capacity shift. We cast blockchain configuration as a multiagent…

Cryptography and Security · Computer Science 2026-02-27 Nimrod Talmon , Haim Zysberg

Decentralization has been touted as the principal security advantage which propelled blockchain systems at the forefront of developments in the financial technology space. Its exact semantics nevertheless remain highly contested and…

Cryptography and Security · Computer Science 2024-04-16 Christina Ovezik , Dimitris Karakostas , Aggelos Kiayias

There is growing interest in providing programmatic access to the value locked in Bitcoin, which famously offers limited programmability itself. Various approaches have been put forth in recent years, with the vast majority of proposed…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-06-30 Ryan Croote , Islam El-Ashi , Thomas Locher , Yvonne-Anne Pignolet

Blockchain technologies are taking the world by storm. Public blockchains, such as Bitcoin and Ethereum, enable secure peer-to-peer applications like crypto-currency or smart contracts. Their security and performance are well studied. This…

Databases · Computer Science 2017-03-14 Tien Tuan Anh Dinh , Ji Wang , Gang Chen , Rui Liu , Beng Chin Ooi , Kian-Lee Tan

Traceability and integrity are major challenges for the increasingly complex supply chains of today's world. Although blockchain technology has the potential to address these challenges through providing a tamper-proof audit trail of supply…

Cryptography and Security · Computer Science 2019-06-06 Sidra Malik , Volkan Dedeoglu , Salil S. Kanhere , Raja Jurdak

Internet of quantum blockchains (IoB) will be the future Internet. In this paper, we make two new contributions to IoB: developing a block based quantum channel networking technology to handle its security modeling in face of the quantum…

Optimization and Control · Mathematics 2021-04-16 Wanyang Dai

Society is in constant transition to keep up with technological advancement, we are seeing traditional paradigms being increasingly challenged. The fundamentals of governance are one such paradigm. As society's values have shifted, so have…

Cryptography and Security · Computer Science 2018-05-16 Freya Sheer Hardwick , Raja Naeem Akram , Konstantinos Markantonakis