Related papers: Blockchain BFT Protocol for Complete Asynchronous …
With the rapid growth of hyperconnected devices and decentralized data architectures, safeguarding Internet of Things (IoT) transactions is becoming increasingly challenging. Blockchain presents a promising solution, yet its effectiveness…
Blockchain is a type of decentralized distributed network which acts as an immutable digital ledger. Despite the absence of any central governing authority to validate the blocks in the ledger, it is considered secure and immutable due to…
Decentralized Ledger Technology, popularized by the Bitcoin network, aims to keep track of a ledger of valid transactions between agents of a virtual economy without a central institution for coordination. In order to keep track of a…
This paper presents a novel adversary model specifically tailored to distributed systems, aiming to assess the security of blockchain networks. Building upon concepts such as adversarial assumptions, goals, and capabilities, our proposed…
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…
Blockchain (BC), a by-product of Bitcoin cryptocurrency, has gained immense and wide scale popularity for its applicability in various diverse domains - especially in multifaceted non-monetary systems. By adopting cryptographic techniques…
The aim of this work is to study the use of decentralization and smart contracts on blockchain networks. We investigate the implementation and use of smart contracts on the platforms Bitcoin, Ethereum and Hyperledger Fabric. Additionally,…
With the advent of blockchain technology, some management tasks of IoT networks can be moved from central systems to distributed validation authorities. Cloud-centric blockchain implementations for IoT have shown satisfactory performance.…
Decentralized cryptocurrency systems, known as blockchains, have shown promise as infrastructure for mutually distrustful parties to agree on transactions safely. However, Bitcoin-derived blockchains and their variants suffer from the…
Modern high-throughput BFT consensus protocols use streamlined push-pull mechanisms to disseminate blocks and keep happy-path performance optimal. Yet state-of-the-art designs lack a principled and efficient way to exchange blocks, which…
This paper presents a new framework, namely \emph{\onlay}, for scalable asynchronous distributed systems. In this framework, we propose a consensus protocol $L_{\phi}$, which is based on the Lachesis protocol~\cite{lachesis01}. At the core…
Recent progresses in asynchronous Byzantine fault-tolerant (BFT) consensus, e.g. Dumbo-NG (CCS' 22) and Tusk (EuroSys' 22), show promising performance through decoupling transaction dissemination and block agreement. However, when executed…
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.…
Many of today's crypto currencies use blockchains as decentralized ledgers and secure them with proof of work. In case of a fork of the chain, Bitcoin's rule for achieving consensus is selecting the longest chain and discarding the other…
Blockchain-based consensus protocols present the opportunity to develop new protocols, due to their novel requirements of open participation and explicit incentivization of participants. To address the first requirement, it is necessary to…
We present the notion of multilevel slashing, where proof-of-stake blockchain validators can obtain gradual levels of assurance that a certain block is bound to be finalized in a global consensus procedure, unless an increasing and…
This paper examines the dynamics of the cryptocurrency market and proposes a novel blockchain-based protocol for real estate transactions. Our analysis includes a detailed review of price trends, volatility, and correlations within the…
A large number of consensus algorithms have been proposed. However, the requirement of strict consistency limits their wide adoption, especially in high-performance required systems. In this paper, we propose a weak consensus algorithm that…
Modern blockchain systems operating in adversarial environments require robust consensus protocols that guarantee both safety and termination under network delay attacks. Tendermint, a widely adopted consensus protocol in consortium…
Hyperledger Fabric (HLF) is a flexible permissioned blockchain platform designed for business applications beyond the basic digital coin addressed by Bitcoin and other existing networks. A key property of HLF is its extensibility, and in…