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Transactive energy plays a key role in the operation and energy management of future power systems. However, the conventional operational mechanism, which follows a centralized design, is often less secure, vulnerable to malicious…

Systems and Control · Electrical Eng. & Systems 2020-10-27 Qing Yang , Hao Wang

Existing fair exchange protocols usually neglect consideration of cost when assessing their fairness. However, in an environment with non-negligible transaction cost, e.g., public blockchains, high or unexpected transaction cost might be an…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-03-16 Matthias Lohr , Kenneth Skiba , Marco Konersmann , Jan Jürjens , Steffen Staab

Modern cryptocurrency systems, such as Ethereum, permit complex financial transactions through scripts called smart contracts. These smart contracts are executed many, many times, always without real concurrency. First, all smart contracts…

Distributed, Parallel, and Cluster Computing · Computer Science 2017-02-16 Thomas Dickerson , Paul Gazzillo , Maurice Herlihy , Eric Koskinen

In this paper we treat a gas storage valuation problem as a Markov Decision Process. As opposed to existing literature we model the gas price process as a regime-switching model. Such a model has shown to fit market data quite well in Chen…

Pricing of Securities · Quantitative Finance 2017-08-02 Nicole Bäuerle , Viola Riess

We propose an extended demand response program, based on ancillary service for supplying flexible electricity demand. In our proposed scheme, we suggest a broader management model to control the scheduling and power consumption of Bitcoin…

Systems and Control · Electrical Eng. & Systems 2024-11-19 Elinor Ginzburg-Ganz , Ittay Eyal , Ram Machlev , Dmitry Baimel , Leena Santosh , Juri Belikov , Yoash Levron

This paper proposes two decentralised, secure and privacy-friendly protocols for local electricity trading and billing, respectively. The trading protocol employs a bidding algorithm based upon secure multiparty computations and allows…

Cryptography and Security · Computer Science 2018-01-26 Aysajan Abidin , Abdelrahaman Aly , Sara Cleemput , Mustafa A. Mustafa

We propose and compare two approaches to identify smart contracts as token systems by analyzing their public bytecode. The first approach symbolically executes the code in order to detect token systems by their characteristic behavior of…

Cryptography and Security · Computer Science 2018-11-29 Michael Fröwis , Andreas Fuchs , Rainer Böhme

Cloud providers offer end-users various pricing schemes to allow them to tailor VMs to their needs, e.g., a pay-as-you-go billing scheme, called \textit{on-demand}, and a discounted contract scheme, called \textit{reserved instances}. This…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-03-15 Chalee Boonprasop , Yuhui Lin , Adam Barker

Blockchain systems are being used in a wide range of application domains. They can support trusted transactions in time critical applications. In this paper, we study how miners should pick up transactions from a transaction pool so as to…

Performance · Computer Science 2020-11-24 Gholamreza Ramezan , Cyril Leung , Chunyan Miao

Most current assessments use ex post proxies that miss uncertainty and fail to consistently capture the rapid change in bitcoin mining. We introduce a unified, ex ante statistical model that derives expected return, downside risk, and…

Computational Engineering, Finance, and Science · Computer Science 2025-12-24 Yuting Cai , Ruthav Sadali , Korok Ray , Chao Tian

Bitcoin is currently subject to a significant pay-for-speed trade-off. This is caused by lengthy and highly variable transaction confirmation times, especially during times of congestion. Users can reduce their transaction confirmation…

Probability · Mathematics 2024-02-28 Rowel Gündlach , Ivo V. Stoepker , Stella Kapodistria , Jacques A. C. Resing

The ``EIP-1599 algorithm'' is used by the Ethereum blockchain to assemble transactions into blocks. While prior work has studied it under the assumption that bidders are ``impatient'', we analyze it under the assumption that bidders are…

Computer Science and Game Theory · Computer Science 2026-03-17 Moshe Babaioff , Noam Nisan

Cryptocurrencies and blockchain networks have attracted tremendous attention from their volatile price movements and the promise of decentralization. However, most projects run on business narratives with no way to test and verify their…

Multiagent Systems · Computer Science 2019-07-02 Zixuan Zhang

In this paper, we present a pricing mechanism that aligns incentives of agents who exchange resources on a decentralized ledger with the goal of maximizing transaction throughput. Subdividing a blockchain ledger into shards promises to…

Systems and Control · Electrical Eng. & Systems 2020-09-02 James R. Riehl , Jonathan Ward

Ethereum's ideals of decentralization and censorship resistance are undermined in practice, motivating ongoing efforts to reestablish these properties. Existing proposals for fairness mechanisms depend on the assumption that a sufficient…

Distributed, Parallel, and Cluster Computing · Computer Science 2026-03-09 Patrick Spiesberger , Nils Henrik Beyer , Hannes Hartenstein

We present a detailed review of various Home Energy Management Schemes (HEM,s). HEM,s will increase savings, reduce peak demand and Pto Average Ratio (PAR). Among various applications of smart grid technologies, home energy management is…

Networking and Internet Architecture · Computer Science 2013-06-06 I. Khan , A. Mahmood , N. Javaid , S. Razzaq , R. D. Khan , M. Ilahi

Identifying reputable Ethereum projects remains a critical challenge within the expanding blockchain ecosystem. The ability to distinguish between legitimate initiatives and potentially fraudulent schemes is non-trivial. This work presents…

Cryptography and Security · Computer Science 2025-03-21 Cyrus Malik , Josef Bajada , Joshua Ellul

Consider the following problem faced by an online voting platform: A user is provided with a list of alternatives, and is asked to rank them in order of preference using only drag-and-drop operations. The platform's goal is to recommend an…

Human-Computer Interaction · Computer Science 2019-05-30 Haoming Li , Sujoy Sikdar , Rohit Vaish , Junming Wang , Lirong Xia , Chaonan Ye

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.…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-10-05 Jakub Sliwinski , Yann Vonlanthen , Roger Wattenhofer

Atomic Crosschain Transaction technology allows composable programming across permissioned Ethereum blockchains. It allows for inter-contract and inter-blockchain function calls that are both synchronous and atomic: if one part fails, the…

Cryptography and Security · Computer Science 2020-06-09 Peter Robinson
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