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Blockchain technology emerged with the advent of Bitcoin and rapidly developed over the past few decades, becoming widely accepted and known by the public. However, in the past decades, the massive adoption of blockchain technology has yet…

Cryptography and Security · Computer Science 2024-07-26 Jia Kan

Blockchain and distributed ledger technologies have received significant interest in various areas beyond the financial sector, with profound applications in the Internet of Things (IoT), providing the means for creating truly trustless and…

Cryptography and Security · Computer Science 2021-09-07 Sotirios Brotsis , Konstantinos Limniotis , Gueltoum Bendiab , Nicholas Kolokotronis , Stavros Shiaeles

Blockchain assets are increasingly controlled by organizations rather than individuals. DAO treasuries, consortium wallets, and custodial exchanges rely on threshold authorization and multi-party key management, yet existing payment…

Cryptography and Security · Computer Science 2026-04-17 Minfeng Qi , Lin Zhong , Qin Wang

Sanctioning blockchain addresses has become a common regulatory response to malicious activities. However, enforcement on permissionless blockchains remains challenging due to complex transaction flows and sophisticated fund-obfuscation…

Cryptography and Security · Computer Science 2026-05-21 Endong Liu , Mark Ryan , Liyi Zhou , Pascal Berrang

Polkadot is a network protocol launched in 2020 with the ambition of unlocking the full potential of blockchain technologies. Its novel multi-chain protocol allows arbitrary data to be transferred across heterogeneous blockchains, enabling…

Cryptography and Security · Computer Science 2022-07-29 Hanaa Abbas , Maurantonio Caprolu , Roberto Di Pietro

Proof-of-stake (PoS) has emerged as a natural alternative to the resource-intensive Proof-of-Work (PoW) blockchain, as was recently seen with the Ethereum Merge. PoS-based blockchains require an initial stake distribution among the…

Computer Science and Game Theory · Computer Science 2024-04-16 Varul Srivastava , Sankarshan Damle , Sujit Gujar

With the frantic development of smart contracts on the Ethereum platform, its market value has also climbed. In 2016, people were shocked by the loss of nearly $50 million in cryptocurrencies from the DAO reentrancy attack. Due to the…

Software Engineering · Computer Science 2019-05-03 Xiaotao Feng , Qin Wang , Xiaogang Zhu , Sheng Wen

One of the key challenges to the IoT's success is how to secure and anonymize billions of IoT transactions and devices per day, an issue that still lingers despite significant research efforts over the last few years. On the other hand,…

Cryptography and Security · Computer Science 2019-03-19 Francesco Restuccia , Salvatore D'Oro andSalil S. Kanhere , Tommaso Melodia , Sajal K. Das

Proof of Work (PoW) blockchains burn a lot of energy. Proof-of-work algorithms are expensive by design and often only serve to compute blockchains. In some sense, carbon-based and non-carbon based regional electric power is fungible. So the…

Cryptography and Security · Computer Science 2024-04-09 Agron Gemajli , Shivam Patel , Phillip G. Bradford

Blockchains and distributed ledger technologies allow the operation of manifold decentralised applications (dApps). Such applications are based on smart contracts, a programmable abstraction that is executed in a decentralised manner. To…

Software Engineering · Computer Science 2026-05-22 Fabian Stiehle , Kirill Inozemtsev , Ingo Weber

The world has been experiencing a mind-blowing expansion of blockchain technology since it was first introduced as an emerging means of cryptocurrency called bitcoin. Currently, it has been regarded as a pervasive frame of reference across…

Cryptography and Security · Computer Science 2021-11-23 Ziaur Rahman , Xun Yi , Ibrahim Khalil , Andrei Kelarev

Blockchain wallets conventionally follow an ownership model where possession of a private key grants unilateral control. However, this assumption is brittle for emerging settings such as AI agent wallets, organizational custody, and…

Cryptography and Security · Computer Science 2026-04-27 Jay Yu , Shunfan Zhou , Hang Yin , Brian Seong

Decentralized finance, i.e., DeFi, has become the most popular type of application on many public blockchains (e.g., Ethereum) in recent years. Compared to the traditional finance, DeFi allows customers to flexibly participate in diverse…

Cryptography and Security · Computer Science 2021-03-05 Bin Wang , Han Liu , Chao Liu , Zhiqiang Yang , Qian Ren , Huixuan Zheng , Hong Lei

Distributed Ledger Technologies (DLTs) are playing a major role in building security and trust in Internet of Things (IoT) systems. However, IoT deployments with a large number of devices, such as in environment monitoring applications,…

Networking and Internet Architecture · Computer Science 2020-10-30 Lam D. Nguyen , Israel Leyva-Mayorga , Petar Popovski

Peer-to-peer trading and the move to decentralized grids have reshaped the energy markets in the United States. Notwithstanding, such developments lead to new challenges, mainly regarding the safety and authenticity of energy trade. This…

DEX, or decentralized exchange, is a prominent class of decentralized finance (DeFi) applications on blockchains, attracting a total locked value worth tens of billions of USD today. This paper presents the first large-scale empirical study…

Cryptography and Security · Computer Science 2024-01-23 Jiaqi Chen , Yibo Wang , Yuxuan Zhou , Wanning Ding , Yuzhe Tang , XiaoFeng Wang , Kai Li

In this note, we examine voting on four major blockchain DAOs: Aave, Compound, Lido and Uniswap. Using data directly collected from the Ethereum blockchain, we examine voter activity. We find that in most votes, the "minimal quorum," i.e.,…

Computers and Society · Computer Science 2024-07-16 Brett Falk , Tasneem Pathan , Andrew Rigas , Gerry Tsoukalas

Blockchain technology as a whole is experiencing a dramatic rise in adoption, in no small part due to the developer-friendly Ethereum network. While the number of smart-contract powered distributed applications (Dapps) continues to rise,…

Computers and Society · Computer Science 2017-05-16 Zane Witherspoon

Blockchain and distributed ledger technologies rely on distributed consensus algorithms. In recent years many consensus algorithms and protocols have been proposed; most of them are for permissioned blockchain networks. However, the…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-01-19 Shiv Sondhi , Sherif Saad , Kevin Shi , Mohammad Mamun , Issa Traore

In the paper, we present designs for multiple blockchain consensus primitives and a novel blockchain system, all based on the use of trusted execution environments (TEEs), such as Intel SGX-enabled CPUs. First, we show how using TEEs for…

Cryptography and Security · Computer Science 2017-03-17 Mitar Milutinovic , Warren He , Howard Wu , Maxinder Kanwal