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Blockchain is a decentralized transaction and data management solution, the technological leap behind the success of Bitcoin and other cryptocurrencies. As the variety of existing blockchains and distributed ledgers continues to increase,…

Cryptography and Security · Computer Science 2020-07-27 Martin Garriga , Stefano Dalla Palma , Maximiliano Arias , Alan De Renzis , Remo Pareschi , Damian Andrew Tamburri

Stablecoins are one of the most widely capitalized type of cryptocurrency. However, their risks vary significantly according to their design and are often poorly understood. We seek to provide a sound foundation for stablecoin theory, with…

General Economics · Economics 2020-10-30 Ariah Klages-Mundt , Dominik Harz , Lewis Gudgeon , Jun-You Liu , Andreea Minca

The wide success of Bitcoin has led to a huge surge of alternative cryptocurrencies (altcoins). Most altcoins essentially fork Bitcoin's code with minor modifications, such as the number of coins to be minted, the block size, and the block…

Cryptography and Security · Computer Science 2023-02-10 Sebastien Andreina , Lorenzo Alluminio , Giorgia Azzurra Marson , Ghassan Karame

Encrypted control is a promising method for the secure outsourcing of controller computation to a public cloud. However, a feasible method for security proofs of control has not yet been developed in the field of encrypted control systems.…

Systems and Control · Electrical Eng. & Systems 2025-03-04 Kaoru Teranishi , Kiminao Kogiso

In this work we construct an alternative model for Authenticated Key Exchange, intended to build a theoretic security framework for protocols whose characteristics may not always concur with the specifics of already existing models for…

Cryptography and Security · Computer Science 2026-05-25 Rodrigo Martín Sánchez-Ledesma , David Domingo Martín , Iván Blanco Chacón , Ignacio Luengo Velasco

The Bitcoin protocol allows to save arbitrary data on the blockchain through a special instruction of the scripting language, called OP_RETURN. A growing number of protocols exploit this feature to extend the range of applications of the…

Cryptography and Security · Computer Science 2017-03-02 Massimo Bartoletti , Livio Pompianu

Bitcoin's enormous success has inspired the development of alternative blockchains, such as consortium chains. Several cross-chain protocols have been proposed as ways of connecting these universes of individual blockchains in a distributed…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-10-25 Hiroki Watanabe , Shigenori Ohashi , Shigeru Fujimura , Atsushi Nakadaira , Kota Hidaka , Jay Kishigami

Bitcoin is the most successful cryptocurrency so far. This is mainly due to its novel consensus algorithm, which is based on proof-of-work combined with a cryptographically-protected data structure and a rewarding scheme that incentivizes…

Cryptography and Security · Computer Science 2019-05-24 Pawel Szalachowski , Daniel Reijsbergen , Ivan Homoliak , Siwei Sun

Traditional distributed transaction processing (TP) systems, such as replicated databases, faced difficulties in getting wide adoption for scenarios of enterprise integration due to the level of mutual trust required. Ironically, public…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-08-29 Ghareeb Falazi , Vikas Khinchi , Uwe Breitenbücher , Frank Leymann

Cryptocurrencies have gained popularity due to their transparency, security, and accessibility compared to traditional financial systems, with Bitcoin, introduced in 2009, leading the market. Bitcoin's security relies on blockchain…

Cryptography and Security · Computer Science 2024-11-12 Dinitha Wijewardhana , Sugandima Vidanagamachchi , Nalin Arachchilage

This paper presents a new blockchain network simulator that uses bitcoin's original reference implementation as its main application. The proposed simulator leverages the use of lightweight virtualization technology to build a fine tuned…

Cryptography and Security · Computer Science 2020-02-12 Lina Alsahan , Noureddine Lasla , Mohamed Abdallah

Blockchain is an emerging technology that enables new forms of decentralized software architectures, where distributed components can reach agreements on shared system states without trusting a central integration point. Blockchain provides…

Software Engineering · Computer Science 2025-02-25 Xiwei Xu , Cesare Pautasso , Sin Kuang Lo , Liming Zhu , Qinghua Lu , Ingo Weber

In the current work we discuss the notion of gateways as a means for interoperability across different blockchain systems. We discuss two key principles for the design of gateway nodes and scalable gateway protocols, namely (i) the opaque…

Cryptography and Security · Computer Science 2021-02-09 Thomas Hardjono

The so-called blockchain trilemma asserts the impossibility of simultaneously achieving scalability, security, and decentralisation within a single blockchain protocol. In this paper, we formally refute that proposition. Employing predicate…

Computational Complexity · Computer Science 2025-07-09 Craig Wright

Accountability is a recent paradigm in security protocol design which aims to eliminate traditional trust assumptions on parties and hold them accountable for their misbehavior. It is meant to establish trust in the first place and to…

Cryptography and Security · Computer Science 2019-05-09 Robert Künnemann , Ilkan Esiyok , Michael Backes

It has been known for some time that the Nakamoto consensus as implemented in the Bitcoin protocol is not totally aligned with the individual interests of the participants. More precisely, it has been shown that block withholding mining…

Cryptography and Security · Computer Science 2025-02-07 Cyril Grunspan , Ricardo Perez-Marco

Blockchain technology introduces asset types and custody mechanisms that fundamentally break traditional financial auditing paradigms. This paper presents an autoethnographic analysis of cryptoasset auditing challenges, build on top of…

Cryptography and Security · Computer Science 2026-03-30 Shayan Eskandari , Leid Zejnilovic , Jeremy Clark

Permissionless blockchain consensus protocols have been designed primarily for defining decentralized economies for the commercial trade of assets, both virtual and physical, using cryptocurrencies. In most instances, the assets being…

Computer Science and Game Theory · Computer Science 2021-03-31 Aditya Ahuja , Vinay J. Ribeiro , Ranjan Pal

A smart grid is an important application in Industry 4.0 with a lot of new technologies and equipment working together. Hence, sensitive data stored in the smart grid is vulnerable to malicious modification and theft. This paper proposes a…

This article aims to study intrusion attacks and then develop a novel cyberattack detection framework to detect cyberattacks at the network layer (e.g., Brute Password and Flooding of Transactions) of blockchain networks. Specifically, we…

Cryptography and Security · Computer Science 2024-05-07 Tran Viet Khoa , Do Hai Son , Dinh Thai Hoang , Nguyen Linh Trung , Tran Thi Thuy Quynh , Diep N. Nguyen , Nguyen Viet Ha , Eryk Dutkiewicz