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Blockchain technology has emerged as one of the most transformative digital innovations of the 21st century. This paper presents a comprehensive review of blockchain's fundamental architecture, tracing its development from Bitcoin's initial…

Cryptography and Security · Computer Science 2025-05-14 Aditya Pratap Singh

Payment networks, also known as channels, are a most promising solution to the throughput problem of cryptocurrencies. In this paper we study the design of capital-efficient payment networks, offline as well as online variants. We want to…

Data Structures and Algorithms · Computer Science 2018-10-18 Georgia Avarikioti , Yuyi Wang , Roger Wattenhofer

The blockchain paradigm provides a mechanism for content dissemination and distributed consensus on Peer-to-Peer (P2P) networks. While this paradigm has been widely adopted in industry, it has not been carefully analyzed in terms of its…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-12-22 Aditya Gopalan , Abishek Sankararaman , Anwar Walid , Sriram Vishwanath

A key challenge for Bitcoin cryptocurrency holders, such as startups using ICOs to raise funding, is managing their FX risk. Specifically, a misinformed decision to convert Bitcoin to fiat currency could, by itself, cost USD millions. In…

Risk Management · Quantitative Finance 2018-05-15 Cuneyt Akcora , Matthew Dixon , Yulia Gel , Murat Kantarcioglu

This work proposes a novel proof-of-work blockchain incentive scheme such that, barring exogenous motivations, following the protocol is guaranteed to be the optimal strategy for miners. Our blockchain takes the form of a directed acyclic…

Cryptography and Security · Computer Science 2022-06-22 Jakub Sliwinski , Roger Wattenhofer

Blockchain technology shows significant results and huge potential for serving as an interweaving fabric that goes through every industry and market, allowing decentralized and secure value exchange, thus connecting our civilization like…

Computational Finance · Quantitative Finance 2018-10-17 Zvezdin Besarabov , Todor Kolev

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

Blockchain technology can play a vital role in the space industry and exploration. This magic technology can provide decentralized and secure techniques for processing and manipulating space resources as space digital tokens. Tokenizing…

Signal Processing · Electrical Eng. & Systems 2020-03-02 Mohamed Torky , Tarek Gaber , Aboul Ella Hassanien

Following the birth of Bitcoin and the introduction of the Ethereum ERC20 protocol a decade ago, recent years have witnessed a growing number of cryptographic tokens that are being introduced by researchers, private sector companies and…

Physics and Society · Physics 2020-04-20 Shahar Somin , Goren Gordon , Alex Pentland , Erez Shmueli , Yaniv Altshuler

The blockchain ecosystem has evolved into a multi-chain world with various blockchains vying for use. Although each blockchain may have its own native cryptocurrency or digital assets, there are use cases to transfer these assets between…

Cryptography and Security · Computer Science 2022-10-31 Sung-Shine Lee , Alexandr Murashkin , Martin Derka , Jan Gorzny

With the ever-increasing popularity of blockchain applications, securing blockchain networks plays a critical role in these cyber systems. In this paper, we first study cyberattacks (e.g., flooding of transactions, brute pass) in blockchain…

Cryptography and Security · Computer Science 2024-07-08 Tran Viet Khoa , Do Hai Son , Dinh Thai Hoang , Nguyen Linh Trung , Tran Thi Thuy Quynh , Diep N. Nguyen , Nguyen Viet Ha , Eryk Dutkiewicz

Blockchain technology has emerged as a revolutionary tool in ensuring data integrity and security in digital transactions. However, the current approaches to data verification in blockchain systems, particularly in Ethereum, face challenges…

Cryptography and Security · Computer Science 2024-04-11 Oleksandr Kuznetsov , Alex Rusnak , Anton Yezhov , Dzianis Kanonik , Kateryna Kuznetsova , Stanislav Karashchuk

Blockchain, which is a technology for distributedly managing ledger information over multiple nodes without a centralized system, has elicited increasing attention. Performing experiments on actual blockchains are difficult because a large…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-03-20 Yusuke Aoki , Kai Otsuki , Takeshi Kaneko , Ryohei Banno , Kazuyuki Shudo

Blockchain technology has emerged, and many previous studies have assessed its performance issues. However, less attention has been paid to the dependability attributes, which have been a critical topic in service provisioning, considering…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-03-11 J Dantas , P Silva , L Fiondella , C Melo , P Maciel

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

A decentralized federated learning architecture is proposed to apply to the Businesses-to-Businesses scenarios by introducing the consortium blockchain in this paper. We introduce a model verification mechanism to ensure the quality of…

Machine Learning · Statistics 2021-05-11 Pengcheng Ren , Tongjiang Yan

Blockchains provide a mechanism through which mutually distrustful remote parties can reach consensus on the state of a ledger of information. With the great acceleration with which this space is developed, the demand for those seeking to…

Information Retrieval · Computer Science 2023-05-18 Rodrigo Veiga , Markus Endler , Valeria de Paiva

State government operations comprise a large number of transactions for different processes that must be carried out across the state. This comprises new projects, maintenance and repairs, public employee compensation, and agricultural…

Cryptography and Security · Computer Science 2022-12-06 Nibula Bente Rashid , Joyeeta Saha , Raonak Islam Prova , Nowshin Tasfia , Md. Nazrul Huda Shanto , Jannatun Noor

The application of renewable energy sources in the power grid increases the necessity of tracking the system's state, especially in smart grids, where there is a bidirectional transfer of data and power. The complexity of coupling between…

Systems and Control · Electrical Eng. & Systems 2021-06-24 Sajjad Asefi , Yash Madhwal , Yury Yanovich , Elena Gryazina

Blockchain technology is among the fastest-growing technologies in the world today. It has been adopted in diverse areas but mostly in financial systems, such as Bitcoin cryptocurrency. Therefore, it is a niche that has attracted interest…

Cryptography and Security · Computer Science 2021-06-30 Mabrook S. Al-Rakhami , Abdu Gumaei , Sk. Md. Mizanur Rahman , Atif Al-Amri