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Related papers: Retrofitting a two-way peg between blockchains

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On 15th September 2022, The Merge marked the Ethereum network's transition from computation-hardness-based consensus (proof-of-work) to a committee-based consensus mechanism (proof-of-stake). As a result, all the specialized hardware and…

Computational Engineering, Finance, and Science · Computer Science 2023-10-03 Lucianna Kiffer , Sophia Skorik , Yann Vonlanthen , Roger Wattenhofer

Options are fundamental to blockchain-based financial services, offering essential tools for risk management and price speculation, which enhance liquidity, flexibility, and market efficiency in decentralized finance (DeFi). Despite the…

Cryptography and Security · Computer Science 2025-05-27 Zifan Peng , Yingjie Xue , Jingyu Liu

Bitcoin has attracted everyone's attention and interest recently. Ethereum (ETH), a second generation cryptocurrency, extends Bitcoin's design by offering a Turing-complete programming language called Solidity to develop smart contracts.…

Programming Languages · Computer Science 2018-04-05 Jiao Jiao , Shuanglong Kan , Shang-Wei Lin , David Sanan , Yang Liu , Jun Sun

Blockchains and other public ledger structures promise a new way to create globally consistent event logs and other records. We make use of this consistency property to detect and prevent man-in-the-middle attacks in a key exchange such as…

Cryptography and Security · Computer Science 2017-08-14 Thanh Bui , Tuomas Aura

Blokchain is used in a variety of applications where trustworthy computing is re-quired. Trade finance is one of these areas that would benefit immensely from a decentralized way of doing transactions. This paper presents the preliminary…

Cryptography and Security · Computer Science 2022-04-29 Asif Bhat , Rizal Mohd Nor , Md Amiruzzaman , Md. Rajibul Islam

In this note, an LWE problem with a hidden trapdoor is introduced. It is used to construct an efficient public-key crypto-system EHT. The new system is significantly different from LWE based NIST candidates like FrodoKEM. The performance of…

Cryptography and Security · Computer Science 2021-03-02 Alessandro Budroni , Igor Semaev

We propose and compare two approaches to identify smart contracts as token systems by analyzing their public bytecode. The first approach symbolically executes the code in order to detect token systems by their characteristic behavior of…

Cryptography and Security · Computer Science 2018-11-29 Michael Fröwis , Andreas Fuchs , Rainer Böhme

We propose a framework for threshold cryptosystems under a permissionless-economic model in which the participants are rational profit-maximizing entities. To date, threshold cryptosystems have been considered under permissioned settings…

Cryptography and Security · Computer Science 2019-01-07 David Yakira , Ido Grayevsky , Avi Asayag

Transaction privacy is a hard problem on an account-based blockchain such as Ethereum. While Ben-Sasson et al. presented the Zerocash protocol [BCG+14] as a decentralized anonymous payment (DAP) scheme standing on top of Bitcoin, no study…

Cryptography and Security · Computer Science 2019-04-08 Antoine Rondelet , Michal Zajac

The registration, transfer, clearing and settlement of equities represents a significant part of economic activity currently underserved by modern technological innovation. In addition, recent events have revealed problems of transparency,…

Cryptography and Security · Computer Science 2016-12-22 Brent Kievit-Kylar , Chris Horlacher , Marc Godard , Christian Saucier

Unlike Ethereum, which was conceived as a general-purpose smart-contract platform, Bitcoin was designed primarily as a transaction ledger for its native currency, which limits programmability for conditional applications. This constraint is…

Cryptography and Security · Computer Science 2026-02-11 Giulio Caldarelli

We propose a novel sidechain construction tailored to be compatible with the Horizen blockchain and designed for conducting secure and decentralized cross-chain transfers without requiring the mainchain nodes to track sidechains to verify…

Cryptography and Security · Computer Science 2018-12-14 Alberto Garoffolo , Robert Viglione

Ethereum, a leading blockchain platform, has revolutionized the digital economy by enabling decentralized transactions and the execution of smart contracts. Ethereum transactions form the backbone of its network, facilitating peer-to-peer…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-07-30 Dvir David Biton , Roy Friedman , Yaron Hay

Blockchain and Cryptocurrencies are gaining unprecedented popularity and understanding. Meanwhile, Ethereum is gaining a significant popularity in the blockchain community, mainly due to the fact that it is designed in a way that enables…

Cryptography and Security · Computer Science 2018-07-06 TonTon Hsien-De Huang

A smart contract on a blockchain cannot keep a secret because its data is replicated on all nodes in a network. To remedy this problem, it has been suggested to combine blockchains with trusted execution environments (TEEs), such as Intel…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-05-23 Marcus Brandenburger , Christian Cachin , Rüdiger Kapitza , Alessandro Sorniotti

The Ethereum blockchain platform supports the execution of decentralised applications or smart contracts. These typically hold and transfer digital currency to other parties on the platform; however, they have been subject to numerous…

Programming Languages · Computer Science 2019-04-16 Franklin Schrans , Daniel Hails , Alexander Harkness , Sophia Drossopoulou , Susan Eisenbach

The security of most existing cryptocurrencies is based on a concept called Proof-of-Work, in which users must solve a computationally hard cryptopuzzle to authorize transactions (`one unit of computation, one vote'). This leads to enormous…

Computer Science and Game Theory · Computer Science 2018-09-19 Jonah Brown-Cohen , Arvind Narayanan , Christos-Alexandros Psomas , S. Matthew Weinberg

Traditionally, threshold secret sharing (TSS) schemes assume all parties have equal weight, yet emerging systems like blockchains reveal disparities in party trustworthiness, such as stake or reputation. Weighted Secret Sharing (WSS)…

Cryptography and Security · Computer Science 2025-06-02 Kareem Shehata , Han Fangqi , Sri AravindaKrishnan Thyagarajan

Smart contracts are computer programs that can be consistently executed by a network of mutually distrusting nodes, without the arbitration of a trusted authority. Because of their resilience to tampering, smart contracts are appealing in…

Cryptography and Security · Computer Science 2018-06-21 Massimo Bartoletti , Livio Pompianu

Bitcoin is a decentralised digital currency that serves as an alternative to existing transaction systems based on an external central authority for security. Although Bitcoin has many desirable properties, one of its fundamental…

Cryptography and Security · Computer Science 2019-10-07 Georgios Birmpas , Elias Koutsoupias , Philip Lazos , Francisco J. Marmolejo-Cossío