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This paper investigates whether Bitcoin can be regarded as a decentralized autonomous organization (DAO), what insights it may offer for the broader DAO ecosystem, and how Bitcoin governance can be improved. First, a quantitative literature…

Computers and Society · Computer Science 2025-04-30 Mark C. Ballandies , Guangyao Li , Claudio J. Tessone

Bitcoin relies on a peer-to-peer overlay network to broadcast transactions and blocks. From the viewpoint of network measurement, we would like to observe this topology so we can characterize its performance, fairness and robustness.…

Cryptography and Security · Computer Science 2018-12-11 Sergi Delgado-Segura , Surya Bakshi , Cristina Pérez-Solà , James Litton , Andrew Pachulski , Andrew Miller , Bobby Bhattacharjee

This thesis proposes techniques aiming to make blockchain technologies and smart contract platforms practical by improving their scalability, latency, and privacy. This thesis starts by presenting the design and implementation of…

Cryptography and Security · Computer Science 2021-02-25 Alberto Sonnino

The growing number of implementations of blockchain systems stands in stark contrast with still limited research on a systematic comparison of performance characteristics of these solutions. Such research is crucial for evaluating…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-08-25 Bulat Nasrulin , Martijn De Vos , Georgy Ishmaev , Johan Pouwelse

This paper proposes a model that enables permissionless and decentralized networks for complex computations. We explore the integration and optimize load balancing in an open, decentralized computational network. Our model leverages…

Computational Finance · Quantitative Finance 2025-01-03 German Rodikov

The Internet of Things is progressively getting broader, evol-ving its scope while creating new markets and adding more to the existing ones. However, both generation and analysis of large amounts of data, which are integral to this…

Cryptography and Security · Computer Science 2019-04-15 Guilherme Pinto , João Pedro Dias , Hugo Sereno Ferreira

A peer-to-peer network, enabling different parties to jointly store and run computations on data while keeping the data completely private. Enigma's computational model is based on a highly optimized version of secure multi-party…

Cryptography and Security · Computer Science 2015-06-12 Guy Zyskind , Oz Nathan , Alex Pentland

Purposely modular, this protocol enables customization of several protocol properties, including the consensus properties implemented, blockchain type, the roots used, and virtual machine opcodes, among others. These modules enable…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-12-20 Jovonni L. Pharr

This paper proposes iblock, a comprehensive C++ library for Bitcoin simulation, designed for OMNeT++. iblock offers superior efficiency and scalability with respect to state-of-the-art simulators, which are typically written in high-level…

Cryptography and Security · Computer Science 2025-12-24 Niccolò Scatena , Pericle Perazzo , Giovanni Nardini

We propose a secure and efficient implementation of fungible tokens on Bitcoin. Our technique is based on a small extension of the Bitcoin script language, which allows the spending conditions in a transaction to depend on the neighbour…

Cryptography and Security · Computer Science 2021-02-10 Massimo Bartoletti , Stefano Lande , Roberto Zunino

We give an explicit definition of decentralization and show you that decentralization is almost impossible for the current stage and Bitcoin is the first truly noncentralized currency in the currency history. We propose a new framework of…

Computational Engineering, Finance, and Science · Computer Science 2016-09-12 Xiaochao Qian

Blockchain is a technology that provides a distributed ledger that stores previous records while maintaining consistency and security. Bitcoin is the first and largest decentralized electronic cryptographic system that uses blockchain…

Cryptography and Security · Computer Science 2021-11-05 Befekadu G. Gebraselase , Bjarne E. Helvik , Yuming Jiang

Cryptocurrencies, based on and led by Bitcoin, have shown promise as infrastructure for pseudonymous online payments, cheap remittance, trustless digital asset exchange, and smart contracts. However, Bitcoin-derived blockchain protocols…

Cryptography and Security · Computer Science 2015-11-12 Ittay Eyal , Adem Efe Gencer , Emin Gun Sirer , Robbert van Renesse

We present an identity management scheme built into the Bitcoin blockchain, allowing for identities that are as indelible as the blockchain itself. Moreover, we take advantage of Bitcoin's decentralized nature to facilitate a shared control…

Cryptography and Security · Computer Science 2017-10-06 Daniel Augot , Hervé Chabanne , Thomas Chenevier , William George , Laurent Lamber

Blockchains are tamper evident and tamper resistant digital ledgers implemented in a distributed fashion (i.e., without a central repository) and usually without a central authority (i.e., a bank, company, or government). At their basic…

Cryptography and Security · Computer Science 2019-06-27 Dylan Yaga , Peter Mell , Nik Roby , Karen Scarfone

The Internet has many backbone components on top of which the whole world is connected. It is important to make these components, like Border Gateway Protocol (BGP), Domain Name System (DNS), and Public Key Infrastructure (PKI), secure and…

Cryptography and Security · Computer Science 2020-01-06 Faizan Safdar Ali , Alptekin Kupcu

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

Cryptocurrencies are distributed systems that allow exchanges of native tokens among participants, or the exchange of such tokens for fiat currencies in markets external to these public ledgers. The availability of their complete historical…

Blockchain (BC), the technology behind the Bitcoin cryptocurrency system, is starting to be adopted for ensuring enhanced security and privacy in the Internet of Things (IoT) ecosystem. Fervent research is currently being focused in both…

Cryptography and Security · Computer Science 2018-06-15 Mahdi H. Miraz , Maaruf Ali

In cybersecurity courses, it is quite challenging to do hands-on activities that involve many components of the Internet, such as bringing down the Internet, attacking a blockchain, etc. To solve this problem, we have developed an…

Cryptography and Security · Computer Science 2022-01-11 Wenliang Du , Honghao Zeng