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Related papers: Analysis of Nakamoto Consensus, Revisited

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In January 3, 2009, Satoshi Nakamoto gave rise to the "Bitcoin Block Chain" creating the first block of the chain hashing on his computers central processing unit (CPU). Since then, the hash calculations to mine Bitcoin have been getting…

Trading and Market Microstructure · Quantitative Finance 2017-02-08 Luisanna Cocco , Michele Marchesi

Vote-based blockchains construct a state machine replication (SMR) system among participating nodes, using Byzantine Fault Tolerance (BFT) consensus protocols to transition from one state to another. Currently, they rely on either…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-12-25 Yibin Xu , Jianhua Shao , Tijs Slaats , Boris Düdder , Yongluan Zhou

In this paper, we explore the problem of iterative approximate Byzantine consensus in arbitrary directed graphs. In particular, we prove a necessary and sufficient condition for the existence of iterative byzantine consensus algorithms.…

Distributed, Parallel, and Cluster Computing · Computer Science 2012-02-06 Nitin Vaidya , Lewis Tseng , Guanfeng Liang

Asynchronous Byzantine fault-tolerant (BFT) consensus protocols, known for their robustness in unpredictable environments without relying on timing assumptions, are becoming increasingly vital for wireless applications. While these…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-04-08 Shuo Liu , Minghui Xu , Tianyi Sun , Xiuzhen Cheng

We present new protocols for Byzantine state machine replication and Byzantine agreement in the synchronous and authenticated setting. The celebrated PBFT state machine replication protocol tolerates $f$ Byzantine faults in an asynchronous…

Distributed, Parallel, and Cluster Computing · Computer Science 2017-09-14 Ittai Abraham , Srinivas Devadas , Danny Dolev , Kartik Nayak , Ling Ren

All practical applications contain some degree of nondeterminism. When such applications are replicated to achieve Byzantine fault tolerance (BFT), their nondeterministic operations must be controlled to ensure replica consistency. To the…

Distributed, Parallel, and Cluster Computing · Computer Science 2016-11-15 Wenbing Zhao

Blockchain has been deemed as a promising solution for providing security and privacy protection in the next-generation wireless networks. Large-scale concurrent access for massive wireless devices to accomplish the consensus procedure may…

Signal Processing · Electrical Eng. & Systems 2022-12-01 Xin Xie , Cunqing Hua , Pengwenlong Gu , Wenchao Xu

The security of blockchain systems depends on the distribution of mining power across participants. If sufficient mining power is controlled by one entity, they can force their own version of events. This may allow them to double spend…

Cryptography and Security · Computer Science 2024-03-21 Mary Milad , Christina Ovezik , Dimitris Karakostas , Daniel W. Woods

The rapid evolution of Internet of Things (IoT) environments has created an urgent need for secure and trustworthy distributed computing systems, particularly when dealing with heterogeneous devices and applications where centralized trust…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-05-02 Murtaza Rangwala , Rajkumar Buyya

In this paper we present the initial design of Minerva consensus protocol for Truechain and other technical details. Currently, it is widely believed in the blockchain community that a public chain cannot simultaneously achieve high…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-12-04 Eric Zhang , Hendrik C , Yang Liu , Archit Sharma , Jasper L

Several research projects have shown that Byzantine fault tolerance (BFT) is practical today in terms of performance. Deficiencies in other aspects might still be an obstacle to a more wide-spread deployment in real-world applications. One…

Cryptography and Security · Computer Science 2012-04-12 Benedikt Höfling , Hans P. Reiser

In this paper, we present BunchBFT Byzantine fault-tolerant state-machine replication for high performance and scalability. At the heart of BunchBFT is a novel design called the cluster-based approach that divides the replicas into clusters…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-05-24 Salem Alqahtani , Murat Demirbas

A survey is given of approaches to the problem of distributed consensus, focusing particularly on methods based on cellular automata and related systems. A variety of new results are given, as well as a history of the field and an extensive…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-06-28 Stephen Wolfram

Blockchain consensus is a state whereby each node in a network agrees on the current state of the blockchain. Existing protocols achieve consensus via a contest or voting procedure to select one node as a dictator to propose new blocks.…

Theoretical Economics · Economics 2022-06-22 Joshua S. Gans , Richard Holden

Recent Byzantine fault-tolerant (BFT) state machine replication (SMR) protocols increasingly focus on scalability to meet the requirements of distributed ledger technology (DLT). Validating the performance of scalable BFT protocol…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-10-02 Christian Berger , Sadok Ben Toumia , Hans P. Reiser

It is no exaggeration to say that since the introduction of Bitcoin, blockchains have become a disruptive technology that has shaken the world. However, the rising popularity of the paradigm has led to a flurry of proposals addressing…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-08-23 Christopher Natoli , Jiangshan Yu , Vincent Gramoli , Paulo Esteves-Verissimo

Blockchain technologies originate from cryptocurrencies. Thus, most blockchain technologies assume an environment with a fast and stable network. However, in some blockchain-based systems, e.g., supply chain management (SCM) systems, some…

We present three very simple variants of the classic Heads or Tails game using chips, each of which contributes to our understanding of the Bitcoin protocol. The first variant addresses the issue of temporary Bitcoin forks, which occur when…

Cryptography and Security · Computer Science 2024-05-08 Cyril Grunspan , Ricardo Perez-Marco

Bitcoin is the first decentralized peer-to-peer (P2P) electronic currency. It was created in November 2008 by Satoshi Nakamoto. Nakamoto released the first implementation of the protocol in an open source client software and the genesis of…

Computers and Society · Computer Science 2016-04-20 Ricardo Perez-Marco

In this paper, we consider the problem of maximizing the throughput of Byzantine agreement, given that the sum capacity of all links in between nodes in the system is finite. We have proposed a highly efficient Byzantine agreement algorithm…

Distributed, Parallel, and Cluster Computing · Computer Science 2010-06-15 Guanfeng Liang , Nitin Vaidya