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We introduce Casanova, a leaderless optimistic consensus protocol designed for a permissioned blockchain. Casanova produces blocks in a DAG rather than a chain, and combines voting rounds with block production by singling out individual…

Cryptography and Security · Computer Science 2019-05-02 Kyle Butt , Derek Sorensen , Michael Stay

Blockmania is a byzantine consensus protocol. Nodes emit blocks forming a directed acyclic graph (block DAG) that is subsequently interpreted by each node separately to ensure consensus with safety, liveness and finality. The resulting…

Cryptography and Security · Computer Science 2018-09-26 George Danezis , David Hrycyszyn

Directed Acylic Graphs (DAGs) are emerging as an attractive alternative to traditional blockchain architectures for distributed ledger technology (DLT). In particular DAG ledgers with stochastic attachment mechanisms potentially offer many…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-11-13 Pietro Ferraro , Christopher King , Robert Shorten

Blockchain and other decentralized databases, known as distributed ledgers, are designed to store information online where all trusted network members can update the data with transparency. The dynamics of ledger's development can be…

Probability · Mathematics 2025-08-28 Jiewei Feng , Christopher King , Ken R. Duffy

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

Many cryptocurrency platforms are vulnerable to Maximal Extractable Value (MEV) attacks, where a malicious consensus leader can inject transactions or change the order of user transactions to maximize its profit. A promising line of…

Cryptography and Security · Computer Science 2022-12-26 Dahlia Malkhi , Pawel Szalachowski

We consider a cost sharing problem on a weighted directed acyclic graph (DAG) with a source node to which all the other nodes want to connect. The cost (weight) of each edge is private information reported by multiple contractors, and among…

Computer Science and Game Theory · Computer Science 2023-11-16 Tianyi Zhang , Dengji Zhao , Junyu Zhang , Sizhe Gu

Recent research in consensus has often focussed on protocols for State-Machine-Replication (SMR) that can handle high throughputs. Such state-of-the-art protocols (generally DAG-based) induce undue overhead when the needed throughput is…

Distributed, Parallel, and Cluster Computing · Computer Science 2026-01-08 Andrew Lewis-Pye , Ehud Shapiro

Layer 2 systems have received increasing attention due to their potential to scale the throughput of L1 blockchains. To avoid the cost of putting data on chain, these systems increasingly turn to off-chain data availability solutions such…

Cryptography and Security · Computer Science 2023-06-21 Ertem Nusret Tas , Dan Boneh

DAG-based consensus has attracted significant interest due to its high throughput in asynchronous network settings. However, existing protocols such as DAG-rider (Keidar et al., PODC 2021) and ``Narwhal and Tusk'' (Danezis et al., Eurosys…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-11-14 Keyang Liu , Maxim Jourenko , Mario Larangeira

Blockchain has been widely deployed in various sectors, such as finance, education, and public services. Since blockchain runs as an immutable distributed ledger, it has decentralized mechanisms with persistency, anonymity, and…

Cryptography and Security · Computer Science 2021-11-30 Qian Wei , Bingzhe Li , Wanli Chang , Zhiping Jia , Zhaoyan Shen , Zili Shao

Recently, the blockchain technique was put in the spotlight as it introduced a systematic approach for multiple parties to reach consensus without needing trust. However, the application of this technique in practice is severely restricted…

Distributed, Parallel, and Cluster Computing · Computer Science 2017-07-17 Zhijie Ren , Kelong Cong , Johan Pouwelse , Zekeriya Erkin

In order to fully unlock the transformative power of distributed ledgers and blockchains, it is crucial to develop innovative consensus algorithms that can overcome the obstacles of security, scalability, and interoperability, which…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-10-16 Amirhossein Taherpour , Xiaodong Wang

Modern distributed data management systems face a new challenge: how can autonomous, mutually-distrusting parties cooperate safely and effectively? Addressing this challenge brings up questions familiar from classical distributed systems:…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-10-16 Maurice Herlihy , Barbara Liskov , Liuba Shrira

Transaction ordering attacks extract billions of dollars annually from decentralized finance users in the form of Maximal Extractable Value (MEV). Byzantine Fault-Tolerant (BFT) consensus protocols guarantee total order but place no…

Distributed, Parallel, and Cluster Computing · Computer Science 2026-05-25 Marko Putnik , Jérémie Decouchant

We introduce Black Marlin, the first Directed Acyclic Graph (DAG)-based Byzantine atomic broadcast protocol in a partially synchronous setting that successfully forgoes the reliable broadcast and common coin primitives while delivering…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-09-30 Ignacio Amores-Sesar , Viktor Grøndal , Adam Holmgård , Mads Ottendal

The Decentralized-Consistent-Scale (DCS) Triangle defines three dimensions that illustrate the tradeoffs of the blockchain consensus mechanism. In this paper, we propose a new hybrid consensus protocol, called Deterministic Proof of Work…

Cryptography and Security · Computer Science 2018-11-15 Zhuan Cheng , Gang Wu , Hao Wu , Muxing Zhao , Liang Zhao , Qingfeng Cai

This paper investigates how pricing schemes can achieve efficient allocations in blockchain systems featuring multiple transaction queues under a global capacity constraint. I model a capacity-constrained blockchain where users submit…

General Economics · Economics 2025-02-26 Abdoulaye Ndiaye

This paper introduces a new consensus protocol, so-called \emph{\stair}, for fast consensus in DAG-based trustless system. In \stair, we propose a new approach to creating local block DAG, namely \emph{x-DAG} (cross-DAG), on each node.…

Cryptography and Security · Computer Science 2019-09-05 Quan Nguyen , Andre Cronje , Michael Kong , Alex Kampa , George Samman

Nowadays, blockchain is becoming a synonym for distributed ledger technology. However, blockchain is only one of the specializations in the field and is currently well-covered in existing literature, but mostly from a cryptographic point of…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-04-27 Federico Matteo Benčić , Ivana Podnar Žarko