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Decentralization, which has backed the hyper growth of many blockchains, comes at the cost of scalability. To understand this fundamental limitation, this paper proposes a quantitative measure of blockchain decentralization, and discusses…

Cryptography and Security · Computer Science 2018-10-09 Shumo Chu , Sophia Wang

Precision, validity, reliability, timeliness, availability, and granularity are the desired characteristics for data and information systems. However due to the desired trait of data mutability, information systems have inherently lacked…

Cryptography and Security · Computer Science 2021-10-20 Jared Newell , Quazi Mamun , Sabih ur Rehman , Md Zahidul Islam

This research critically analyses blockchain scaling solutions based on their ability to realistically balance the properties of the blockchain trilemma. We have concluded this research by outlining a gap in the current body of literature…

Cryptography and Security · Computer Science 2022-02-02 Frazer Chard , Cayo Fletcher-Smith

Blockchain gaming is an emerging entertainment paradigm. However, blockchain games are still suffering from security issues, due to the immature blockchain technologies and its unsophisticated developers. In this work, we analyzed the…

Cryptography and Security · Computer Science 2019-06-14 Tian Min , Wei Cai

As distributed ledgers, blockchains run consensus protocols which trade capacity for consistency, especially in non-ideal networks with incomplete connectivity and erroneous links. Existing studies on the tradeoff between capacity and…

Cryptography and Security · Computer Science 2021-06-29 Xu Wang , Wei Ni , Xuan Zha , Guangsheng Yu , Ren Ping Liu , Nektarios Georgalas , Andrew Reeves

Blockchain scalability can be complicated and costly. As enterprises begin to adopt blockchain technology to solve business problems, there are valid concerns if blockchain applications can support the transactional demands of production…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-12-25 Grant Chung , Luc Desrosiers , Manav Gupta , Andrew Sutton , Kaushik Venkatadri , Ontak Wong , Goran Zugic

Emerging applications of blockchains, such as grocery supply chains, require frequent updates to the data structure. This is in contrast with typical analyses of the Bitcoin blockchain, in which updates occur infrequently. With more…

Probability · Mathematics 2025-11-05 Partha S. Dey , Aditya Gopalan

Blockchain systems rely on decentralized ledgers and strong security guarantees. A key requirement is non-repudiation, which prevents denial of transaction authorship and supports integrity of recorded data. This work surveys digital…

Cryptography and Security · Computer Science 2025-10-28 Kaveri Banerjee , Sajal Saha

The continuing expansion of the blockchain ecosystems has attracted much attention from the research community. However, although a large number of research studies have been proposed to understand the diverse characteristics of individual…

Cryptography and Security · Computer Science 2021-10-15 Ningyu He , Weihang Su , Zhou Yu , Xinyu Liu , Fengyi Zhao , Haoyu Wang , Xiapu Luo , Gareth Tyson , Lei Wu , Yao Guo

The convergence of blockchain and the Internet of Things (IoT) enables secure, decentralised, and verifiable data exchange across distributed smart environments. However, traditional blockchain frameworks suffer from inherent scalability…

Distributed, Parallel, and Cluster Computing · Computer Science 2026-03-31 Hasan Mahmud Rhidoy , Mahdi H. Miraz , Iftekhar Salam

Blockchain technologies are taking the world by storm. Public blockchains, such as Bitcoin and Ethereum, enable secure peer-to-peer applications like crypto-currency or smart contracts. Their security and performance are well studied. This…

Databases · Computer Science 2017-03-14 Tien Tuan Anh Dinh , Ji Wang , Gang Chen , Rui Liu , Beng Chin Ooi , Kian-Lee Tan

As the cornerstone of blockchain, block synchronization plays a vital role in maintaining the security. Without full blockchain synchronization, unexpected forks will emerge and thus providing a breeding ground for various malicious…

Emerging Technologies · Computer Science 2022-06-14 Qin Hu , Minghui Xu , Shengling Wang , Shaoyong Guo

With the rise of cryptocurrency and NFTs in the past decade, blockchain technology has been an area of increasing interest to both industry and academic experts. In this paper, we discuss the feasibility of such systems through the lens of…

Cryptography and Security · Computer Science 2022-12-29 Angela Li , Guanqun Song , Ting Zhu

Blockchain-based Distributed Ledgers (DLs) promise to transform the existing financial system by making it truly democratic. In the past decade, blockchain technology has seen many novel applications ranging from the banking industry to…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-02-22 Anurag Jain , Shoeb Siddiqui , Sujit Gujar

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

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

Decentralization has been touted as the principal security advantage which propelled blockchain systems at the forefront of developments in the financial technology space. Its exact semantics nevertheless remain highly contested and…

Cryptography and Security · Computer Science 2024-04-16 Christina Ovezik , Dimitris Karakostas , Aggelos Kiayias

The development of underlying technologies in blockchain mostly revolves around a difficult problem: how to enhance the performance of the system and reduce various costs of nodes (such as communication, storage and verification) without…

Cryptography and Security · Computer Science 2023-12-04 Lide Xue , Wei Yang , Wei Li

Blockchain systems come with a promise of decentralization that often stumbles on a roadblock when key decisions about modifying the software codebase need to be made. This is attested by the fact that both of the two major…

Cryptography and Security · Computer Science 2023-01-19 Aggelos Kiayias , Philip Lazos

Blockchain is a type of decentralized distributed database. Unlike traditional relational database management systems, it does not require management or maintenance by a third party. All data management and update processes are open and…

Cryptography and Security · Computer Science 2025-05-14 Jiaqi Huang , Yuanzheng Niu , Xiaoqi Li , Zongwei Li