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Blockchains such as Bitcoin and Ethereum execute payment transactions securely, but their performance is limited by the need for global consensus. Payment networks overcome this limitation through off-chain transactions. Instead of writing…

Cryptography and Security · Computer Science 2019-10-29 Joshua Lind , Oded Naor , Ittay Eyal , Florian Kelbert , Peter Pietzuch , Emin Gun Sirer

Modern public blockchains like Ethereum rely on p2p networks to run distributed and censorship-resistant applications. With its wide adoption, it operates as a highly critical public ledger. On its transition to become more scalable and…

Networking and Internet Architecture · Computer Science 2023-09-26 Mikel Cortes-Goicoechea , Tarun Mohandas-Daryanani , Jose Luis Munoz-Tapia , Leonardo Bautista-Gomez

Decentralized blockchain platforms have enabled the secure exchange of crypto-assets without the intermediation of trusted authorities. To this purpose, these platforms rely on a peer-to-peer network of byzantine nodes, which…

Cryptography and Security · Computer Science 2023-06-22 Massimo Bartoletti , Letterio Galletta , Maurizio Murgia

Despite their development for over a decade, a key problem blockchains are still facing is scalability in terms of throughput, typically limited to a few transactions per second. A fundamental factor limiting this metric is the propagation…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-07-12 Evangelos Kolyvas , Spyros Voulgaris

The Bitcoin system only provides eventual consistency. For everyday life, the time to confirm a Bitcoin transaction is prohibitively slow. In this paper we propose a new system, built on the Bitcoin blockchain, which enables strong…

Distributed, Parallel, and Cluster Computing · Computer Science 2014-12-30 Christian Decker , Jochen Seidel , Roger Wattenhofer

Blockchain is a distributed ledger technology that has applications in many domains such as cryptocurrency, smart contracts, supply chain management, and many others. Distributed consensus is a fundamental component of blockchain systems…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-08-05 Siamak Abdi , Giuseppe Di Fatta , Atta Badii , Giancarlo Fortino

Distributed peer-to-peer (P2P) networking delivers the new blocks and transactions and is critical for the cryptocurrency blockchain system operations. Having poor P2P connectivity reduces the financial rewards from the mining consensus…

Networking and Internet Architecture · Computer Science 2025-11-25 Nazmus Sakib , Simeon Wuthier , Amanul Islam , Xiaobo Zhou , Jinoh Kim , Ikkyun Kim , Sang-Yoon Chang

Bitcoin is the first fully-decentralized permissionless blockchain protocol to achieve a high level of security, but at the expense of poor throughput and latency. Scaling the performance of Bitcoin has a been a major recent direction of…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-02-20 Lei Yang , Xuechao Wang , Vivek Bagaria , Gerui Wang , Mohammad Alizadeh , David Tse , Giulia Fanti , Pramod Viswanath

The Bitcoin Lightning network is a mechanism to enable fast and inexpensive off-chain Bitcoin transactions using peer-to-peer (P2P) channels between nodes that can also be composed into a routing path. Although the resulting possible…

Networking and Internet Architecture · Computer Science 2020-06-26 Finnegan Waugh , Ralph Holz

As decentralized applications on permissionless blockchains are prevalent, more and more latency-sensitive usage scenarios emerged, where the lower the latency of sending and receiving messages, the better the chance of earning revenue. To…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-12-12 Ke Wang , Qiao Wang , Yue Li , Zhi Guan , Zhong Chen

Bitcoin rise has put blockchain technology into the mainstream, amplifying its potential and broad utility. While Bitcoin has become incredibly famous, its transaction rate has not match such a corresponding increase. It still takes…

Cryptography and Security · Computer Science 2024-06-21 Han Song , Zhongche Qu , Yihao Wei

Bitcoin is a top-ranked cryptocurrency that has experienced huge growth and survived numerous attacks. The protocols making up Bitcoin must therefore accommodate the growth of the network and ensure security. Security of the Bitcoin network…

Cryptography and Security · Computer Science 2019-06-05 Gleb Naumenko , Gregory Maxwell , Pieter Wuille , Alexandra Fedorova , Ivan Beschastnikh

Cryptocurrency systems can be subject to deanonimization attacks by exploiting the network-level communication on their peer-to-peer network. Adversaries who control a set of colluding node(s) within the peer-to-peer network can observe…

Cryptography and Security · Computer Science 2022-11-08 Piyush Kumar Sharma , Devashish Gosain , Claudia Diaz

Peer-to-peer (P2P) networks underlie a variety of decentralized paradigms including blockchains, distributed file storage and decentralized domain name systems. A central primitive in P2P networks is the peer selection algorithm, which…

Networking and Internet Architecture · Computer Science 2023-03-20 Bowen Xue , Yifan Mao , Shaileshh Bojja Venkatakrishnan , Sreeram Kannan

A new framework for a secure and robust consensus in blockchain-based IoT networks is proposed using machine learning. Hyperledger fabric, which is a blockchain platform developed as part of the Hyperledger project, though looks very apt…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-08-13 Mehrdad Salimitari , Mohsen Joneidi , Mainak Chatterjee

Blockchain protocols are inherently limited in transaction throughput and latency. Recent efforts to address performance and scale blockchains have focused on off-chain payment channels. While such channels can achieve low latency and high…

Cryptography and Security · Computer Science 2017-03-09 Joshua Lind , Ittay Eyal , Peter Pietzuch , Emin Gün Sirer

Blockchain and general purpose distributed ledgers are foundational technologies which bring significant innovation in the infrastructures and other underpinnings of our socio-economic systems. These P2P technologies are able to securely…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-06-17 Claudio J. Tessone , Paolo Tasca , Flavio Iannelli

A blockchain is a distributed ledger for recording transactions, maintained by many nodes without central authority through a distributed cryptographic protocol. All nodes validate the information to be appended to the blockchain, and a…

Distributed, Parallel, and Cluster Computing · Computer Science 2017-07-10 Christian Cachin , Marko Vukolić

The Monero blockchain enables anonymous transactions through advanced cryptography in its peer-to-peer network, which underpins decentralization, security, and trustless interactions. However, privacy measures obscure peer connections,…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-04-23 Yu Gao , Matija Piškorec , Yu Zhang , Nicolò Vallarano , Claudio J. Tessone

Permissioned blockchains are supported by identified but individually untrustworthy nodes, collectively maintaining a replicated ledger whose content is trusted. The Hyperledger Fabric permissioned blockchain system targets high-throughput…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-04-16 Nicolae Berendea , Hugues Mercier , Emanuel Onica , Etienne Rivière