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Distributed Ledger Technology (DLT) is a shared, synchronized and replicated data spread spatially and temporally with no centralized administration and/or storage. Each node has a complete and identical set of records. All participants…

Quantum Physics · Physics 2019-09-26 Nils Paz , Steven Silverman , John Harmon

The most essential component of every Distributed Ledger Technology (DLT) is the Consensus Algorithm (CA), which enables users to reach a consensus in a decentralized and distributed manner. Numerous CA exist, but their viability for…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-09-26 Ahmad J. Alkhodair , Saraju P. Mohanty , Elias Kougianos

Fuelled by the success (and hype) around cryptocurrencies, distributed ledger technologies (DLT), particularly blockchains, have gained a lot of attention from a wide spectrum of audience who perceive blockchains as a key to carry out…

Computers and Society · Computer Science 2019-05-22 Anwitaman Datta

The development of blockchain technology has significantly enhanced the security and transparency of personal information and transaction records. Concurrent with the advancement of blockchain technology and the emergence of the digital…

Cryptography and Security · Computer Science 2025-09-03 Zeng Zhang , Xiaoqi Li

In this note we describe the application of existing smart contract technologies with the aim to construct a new digital representation of a financial derivative contract. We compare several existing DLT based technologies. We provide a…

Distributed systems with different levels of dependence to central services have been designed and used during recent years. Pure peer-to-peer systems among distributed systems have no dependence on a central resource. DHT is one of the…

Distributed, Parallel, and Cluster Computing · Computer Science 2010-06-25 Siamak Sarmady

We propose a research initiative to explore and evaluate end-user technology, infrastructure, business imperatives, and regulatory policy to support the privacy, dignity, and market power of individual persons in the context of the emerging…

Computers and Society · Computer Science 2021-08-12 Geoffrey Goodell

Integrating sharded blockchain with IoT presents a solution for trust issues and optimized data flow. Sharding boosts blockchain scalability by dividing its nodes into parallel shards, yet it's vulnerable to the $1\%$ attacks where…

Cryptography and Security · Computer Science 2024-01-02 Zixu Zhang , Guangsheng Yu , Caijun Sun , Xu Wang , Ying Wang , Ming Zhang , Wei Ni , Ren Ping Liu , Andrew Reeves , Nektarios Georgalas

We propose a high level network architecture for an economic system that integrates money, governance and reputation. We introduce a method for issuing, and redeeming a digital coin using a mechanism to create a sustainable global economy…

Economics · Quantitative Finance 2015-08-24 Benjamin Munro , Julia McLachlan

Blockchain is a technology uniquely suited to support massive number of transactions and smart contracts within the Internet of Things (IoT) ecosystem, thanks to the decentralized accounting mechanism. In a blockchain network, the states of…

Information Theory · Computer Science 2018-02-13 Pietro Danzi , Anders Ellersgaard Kalør , Čedomir Stefanović , Petar Popovski

Distributed Ledger Technology (DLT) has been introduced using the most common consensus algorithm either for an electronic cash system or a decentralized programmable assets platform which provides general services. Most established…

Cryptography and Security · Computer Science 2023-04-19 Ahmad J. Alkhodair , Saraju P. Mohanty , Elias Kougianos

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…

Systems and Control · Computer Science 2018-07-04 Michael Zargham , Zixuan Zhang , Victor Preciado

This paper introduces TeleBTC, a fully decentralized protocol designed to wrap Bitcoin (BTC) on programmable blockchains. The creation of a decentralized wrapped BTC presents challenges due to the non-programmable nature of Bitcoin, making…

Cryptography and Security · Computer Science 2023-07-27 Mahyar Daneshpajooh , Niusha Moshrefi , Mahdi Darabi , Sina Hashemi , Mehrafarin Kazemi

With the advent of the Internet of things (IoT) era, more and more devices are connected to the IoT. Under the traditional cloud-thing centralized management mode, the transmission of massive data is facing many difficulties, and the…

Cryptography and Security · Computer Science 2022-02-09 Peiying Zhang , Xue Pang , Neeraj Kumar , Gagangeet Singh Aujla , Haotong Cao

Blockchain is currently one of the fastest-growing technologies in the field of Computer Science. It has found a prevalent use in financial applications like cryptocurrency, for example, Bitcoin and Ethereum. They have been able to bring an…

Cryptography and Security · Computer Science 2021-07-30 Keenu Chandra , Maroof Mushtaq , Nalini N

Data is central to the Internet of Things (IoT) ecosystem. Most of the current IoT systems are using centralized cloud-based data sharing systems, which will be difficult to scale up to meet the demands of future IoT systems. Involvement of…

Cryptography and Security · Computer Science 2019-03-11 Ahsan Manzoor , Madhsanka Liyanage , An Braeken , Salil S. Kanhere , Mika Ylianttila

To promote the benefits of the Internet of Things (IoT) in smart communities and smart cities, a real-time data marketplace middleware platform, called the Intelligent IoT Integrator (I3), has been recently proposed. While facilitating the…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-09-25 Ronghua Xu , Gowri Sankar Ramachandran , Yu Chen , Bhaskar Krishnamachari

Heterogeneous and dynamic IoT environments require a lightweight, scalable, and trustworthy access control system for protection from unauthorized access and for automated detection of compromised nodes. Recent proposals in IoT access…

Cryptography and Security · Computer Science 2020-03-10 Guntur Dharma Putra , Volkan Dedeoglu , Salil S. Kanhere , Raja Jurdak

Ethereum has been a cornerstone of the decentralized ecosystem, with rollup-based scaling solutions like Arbitrum and Optimism significantly expanding its capabilities. These rollups enhance scalability and foster innovation, but their…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-02-14 Yue Li , Han Liu

Smart contracts are crucial elements of decentralized technologies, but they face significant obstacles to trustworthiness due to security bugs and trapdoors. To address the core issue, we propose a technology that enables programmers to…

Cryptography and Security · Computer Science 2023-04-19 Nikolaj Bjørner , Shuo Chen , Yang Chen , Zhongxin Guo , Peng Liu , Nanqing Luo
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