Related papers: On decentralized oracles for data availability
We propose an entanglement-based quantum bit string commitment protocol whose composability is proven in the random oracle model. This protocol has the additional property of preserving the privacy of the committed message. Even though this…
The blockchain initially gained traction in 2008 as the technology underlying bitcoin, but now has been employed in a diverse range of applications and created a global market worth over $150B as of 2017. What distinguishes blockchains from…
The Bitcoin Network is a sophisticated accounting system that allows its underlying cryptocurrency to be trusted even in the absence of a reliable financial authority. Given its undeniable success, the technology, generally referred to as…
Off-Chain transactions allow for the immediate transfer of Cryptocurrency between two parties, without delays or unavoidable transaction fees. Such capabilities are critical for mainstream Cryptocurrency adaption. They allow for the…
A popular method in practice offloads computation and storage in blockchains by relying on committing only hashes of off-chain data into the blockchain. This mechanism is acknowledged to be vulnerable to a stalling attack: the blocks…
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.…
Modern blockchain systems are a fresh look at the paradigm of distributed computing, applied under assumptions of large-scale public networks. They can be used to store and share information without a trusted central party. There has been…
People IoT surroundings have become valuable information sources that can positively impact individuals and society. A user IoT data can be used for different purposes. For instance, research and improvement of public services. However,…
Oracle networks feeding off-chain information to a blockchain are required to solve a distributed agreement problem since these networks receive information from multiple sources and at different times. We make a key observation that in…
In recent years, blockchain oracle, as the key link between blockchain and real-world data interaction, has greatly expanded the application scope of blockchain. In particular, the emergence of the Multi-Data Source (MDS) oracle has greatly…
Recently emerging Decentralized Finance (DeFi) takes the promise of cryptocurrencies a step further, leveraging their decentralized networks to transform traditional financial products into trustless and transparent protocols that run…
We consider a prediction market in which all aspects are controlled by market forces, in particular the correct outcomes of events are decided by the market itself rather than by trusted arbiters. This kind of a decentralized prediction…
With the rapid growth of hyperconnected devices and decentralized data architectures, safeguarding Internet of Things (IoT) transactions is becoming increasingly challenging. Blockchain presents a promising solution, yet its effectiveness…
Recently, blockchain has gained momentum as a novel technology that gives rise to a plethora of new decentralized applications (e.g., Internet of Things (IoT)). However, its integration with the IoT is still facing several problems (e.g.,…
A problem of developing the consensus protocols in public blockchain systems which spend a combination of energy and space resources is addressed. A technique is proposed that provides a flexibility for selection of the energy and space…
In recent years decentralized currencies developed through Blockchains are increasingly becoming popular because of their transparent nature and absence of a central controlling authority. Though a lot of computation power, disk space, and…
We define and analyze three mechanisms for getting common knowledge, a posteriori truths about the world onto a blockchain in a decentralized setting. We show that, when a reasonable economic condition is met, these mechanisms are…
This research article presents various design patterns for improving interoperability in Polkadot, a blockchain platform. These patterns include chain bridges, interoperability standards, common asset identifiers, governance agreements,…
Blockchains are being positioned as the "technology of trust" that can be used to mediate transactions between non-trusting parties without the need for a central authority. They support transaction types that are native to the blockchain…
A new relativistic quantum protocol is proposed allowing to implement the bit commitment scheme. The protocol is based on the idea that in the relativistic case the field propagation to the region of space accessible to measurement…