Related papers: KRNC: New Foundations for Permissionless Byzantine…
Today's world is organized based on merit and value. A single global currency that's decentralized is needed for a global economy. Bitcoin is a partial solution to this need, however it suffers from scalability problems which prevent it…
Digital money can be implemented efficiently by avoiding consensus. However, no-consensus implementations have drawbacks, as they cannot support smart contracts, and (even more fundamentally) they cannot deal with conflicting transactions.…
The Ripple network is one of the most prominent blockchain platforms and its native XRP token currently has one of the highest cryptocurrency market capitalizations. The Ripple consensus protocol powers this network and is generally…
Recent advancements in machine learning have improved performance while also increasing computational demands. While federated and distributed setups address these issues, their structures remain vulnerable to malicious influences. In this…
The core premise of permissionless blockchains is their reliable and secure operation without the need to trust any individual agent. At the heart of blockchain consensus mechanisms is an explicit cost (whether work or stake) for…
Achieving low-latency consensus in geographically distributed systems remains a key challenge for blockchain and distributed database applications. To this end, there has been significant recent interest in State-Machine-Replication (SMR)…
The COVID-19 pandemic necessitated the emergence of decentralized Clinical Trials (DCTs) due to patient retention, accelerate trials, improve data accessibility, enable virtual care, and facilitate seamless communication through integrated…
A critical component of any blockchain or distributed ledger technology (DLT) platform is the consensus algorithm. Blockchain consensus algorithms are the primary vehicle for the nodes within a blockchain network to reach an agreement. In…
Blockchain is a type of decentralized distributed network which acts as an immutable digital ledger. Despite the absence of any central governing authority to validate the blocks in the ledger, it is considered secure and immutable due to…
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…
Distributed Computing in Blockchain Technology (BCT) hinges on a trust assumption among independent nodes. Without a third-party interface or what is known as a Blockchain Oracle, it can not interact with the external world. This Oracle…
Recently, we saw the emergence of consensus-based database systems that promise resilience against failures, strong data provenance, and federated data management. Typically, these fully-replicated systems are operated on top of a…
Bitcoin is the first fully-decentralized permissionless blockchain protocol to achieve a high level of security, but at the expense of poor throughput and latency. Scaling the performance of Bitcoin has a been a major recent direction of…
This paper presents a novel solution concept, called BAR Nash Equilibrium (BARNE) and apply it to analyse the Verifier's dilemma, a fundamental problem in blockchain. Our solution concept adapts the Nash equilibrium (NE) to accommodate…
Our work focuses on the design of a scalable permissionless blockchain in the proof-of-stake setting. In particular, we use a distributed hash table as a building block to set up randomized shards, and then leverage the sharded architecture…
This master thesis deals with Blockchain Technology in mobile turn based peer to peer games. First, it investigates the capabilities of Blockchain Technology to be used for gaming applications. In this regard, among others,…
Byzantine resilience emerged as a prominent topic within the distributed machine learning community. Essentially, the goal is to enhance distributed optimization algorithms, such as distributed SGD, in a way that guarantees convergence…
The Decentralized-Consistent-Scale (DCS) Triangle defines three dimensions that illustrate the tradeoffs of the blockchain consensus mechanism. In this paper, we propose a new hybrid consensus protocol, called Deterministic Proof of Work…
In this paper we analyze Tendermint proposed in [7], one of the most popular blockchains based on PBFT Consensus. The current paper dissects Tendermint under various system communication models and Byzantine adversaries. Our methodology…
Tetris is an Asynchronous Byzantine Fault Tolerance consensus algorithm designed for next generation high-throughput permission and permissionless blockchain. The core concept of Tetris is derived from Reasoning About Knowledge, which we…