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Related papers: A scalable verification solution for blockchains

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Ethereum smart contracts, which are autonomous decentralized applications on the blockchain that manage assets often exceeding millions of dollars, have become primary targets for cyberattacks. In 2023 alone, such vulnerabilities led to…

Cryptography and Security · Computer Science 2023-12-29 Christoph Sendner , Lukas Petzi , Jasper Stang , Alexandra Dmitrienko

Blockchain platforms such as Ethereum and several others execute complex transactions in blocks through user-defined scripts known as smart contracts. To append a correct block into blockchain, miners execute these transactions of smart…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-01-15 Parwat Singh Anjana , Sweta Kumari , Sathya Peri , Sachin Rathor , Archit Somani

The Ethereum blockchain network is a decentralized platform enabling smart contract execution and transactions of Ether (ETH) [1], its designated cryptocurrency. Ethereum is the second most popular cryptocurrency with a market cap of more…

Social and Information Networks · Computer Science 2018-10-04 Morit Zwang , Shahar Somin , Alex 'Sandy' Pentland , Yaniv Altshuler

Within a modern democratic nation, elections play a significant role in the nation's functioning. However, with the existing infrastructure for conducting elections using Electronic Voting Systems (EVMs), many loopholes exist, which…

Cryptography and Security · Computer Science 2023-07-18 Arnab Mukherjee , Souvik Majumdar , Anup Kumar Kolya , Saborni Nandi

Blockchains rely on a consensus among participants to achieve decentralization and security. However, reaching consensus in an online, digital world where identities are not tied to physical users is a challenging problem. Proof-of-work…

Cryptography and Security · Computer Science 2020-11-16 Hjalmar Turesson , Henry M. Kim , Marek Laskowski , Alexandra Roatis

The present paper introduces a practical protocol for provably secure, outsourced computation. Our protocol minimizes overhead for verification by requiring solutions to withstand an interactive game between a prover and challenger. For…

Computer Science and Game Theory · Computer Science 2016-06-21 Sanjay Jain , Prateek Saxena , Frank Stephan , Jason Teutsch

Modern blockchains support a variety of distributed applications beyond cryptocurrencies, including smart contracts -- which let users execute arbitrary code in a distributed and decentralized fashion. Regardless of their intended…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-01-15 Orestis Alpos , Christian Cachin , Giorgia Azzurra Marson , Luca Zanolini

The development of quantum information platforms such as quantum computers and quantum simulators that will rival classical Turing computations are typically viewed as a threat to secure data transmissions and therefore to crypto-systems…

Quantum Physics · Physics 2018-03-01 Kirill P. Kalinin , Natalia G. Berloff

Blockchain and Cloud Computing are two of the main topics related to the distributed computing paradigm, and in the last decade, they have seen exponential growth in their adoption. Cloud computing has long been established as the main…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-02-18 Carlos Melo , Jamilson Dantas , Paulo Pereira , Paulo Maciel

Current blockchain technologies provide very limited means of interoperability. In particular, solutions enabling blockchains to verify the existence of data on other blockchains are either very costly or are not fully decentralized. To…

Cryptography and Security · Computer Science 2020-03-02 Philipp Frauenthaler , Marten Sigwart , Christof Spanring , Stefan Schulte

Sharding is a way to address scalability problem in blockchain technologies. Ethereum, a prominent blockchain technology, has included sharding in its roadmap to increase its throughput. The plan is also to include multiple execution…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-05-19 Raghavendra Ramesh

Does the proof-of-work protocol serve its intended purpose of supporting decentralized cryptocurrency mining? To address this question, we develop a game-theoretical model where miners first invest in hardware to improve the efficiency of…

Trading and Market Microstructure · Quantitative Finance 2021-06-21 Agostino Capponi , Sveinn Olafsson , Humoud Alsabah

Throughput limitations of existing blockchain architectures are one of the most significant hurdles for their wide-spread adoption. Attempts to address this challenge include layer-2 solutions, such as Bitcoin's Lightning or Ethereum's…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-09-13 Alexander Hentschel , Dieter Shirley , Layne Lafrance

We examine blockchain technologies, especially smart contracts, as a platform for decentralized applications. By providing a basis for consensus, blockchain promises to upend business models that presuppose a central authority. However,…

Computers and Society · Computer Science 2018-01-10 Munindar P. Singh , Amit K. Chopra

The adoption of blockchain based distributed ledgers is growing fast due to their ability to provide reliability, integrity, and auditability without trusted entities. One of the key capabilities of these emerging platforms is the ability…

Cryptography and Security · Computer Science 2019-01-23 Anastasia Mavridou , Aron Laszka , Emmanouela Stachtiari , Abhishek Dubey

A smart contract that is deployed to a blockchain system like Ethereum is, under reasonable circumstances, expected to be immutable and tamper-proof. This is both a feature (promoting integrity and transparency) and a bug (preventing…

Cryptography and Security · Computer Science 2022-06-03 Mehdi Salehi , Jeremy Clark , Mohammad Mannan

Recent advances in the blockchain research have been made in two important directions. One is refined resilience analysis utilizing game theory to study the consequences of selfish behaviors of users (miners), and the other is the extension…

Cryptography and Security · Computer Science 2021-02-09 Lin Chen , Lei Xu , Zhimin Gao , Ahmed Sunny , Keshav Kasichainula , Weidong Shi

Ethereum is a permissionless blockchain ecosystem that supports execution of smart contracts, the key enablers of decentralized finance (DeFi) and non-fungible tokens (NFT). However, the expressiveness of Ethereum smart contracts is a…

Cryptography and Security · Computer Science 2023-01-24 Nikolay Ivanov , Qiben Yan , Anurag Kompalli

Smart contracts on Ethereum handle millions of U.S. Dollars and other financial assets. In the past, attackers have exploited smart contracts to steal these assets. The Ethereum community has developed plenty of tools to detect vulnerable…

Cryptography and Security · Computer Science 2022-02-28 Chavhan Sujeet Yashavant , Saurabh Kumar , Amey Karkare

Consensus protocols are currently the bottlenecks that prevent blockchain systems from scaling. However, we argue that transaction execution is also important to the performance and security of blockchains. In other words, there are ample…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-07-15 Daniël Reijsbergen , Tien Tuan Anh Dinh
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