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Research in blockchain systems has mainly focused on improving security and bridging the performance gaps between blockchains and databases. Despite many promising results, we observe a worrying trend that the blockchain landscape is…

Databases · Computer Science 2019-10-23 Tien Tuan Anh Dinh , Anwitaman Datta , Beng Chin Ooi

Blockchain based cryptocurrencies are usually unmanaged, distributed, consensus-based systems in which no single entity has control. Managed cryptocurrencies can be implemented using private blockchains but are fundamentally different as…

Cryptography and Security · Computer Science 2019-06-27 Peter Mell

A typical blockchain protocol uses consensus to make sure that mutually mistrusting users agree on the order in which their operations on shared data are executed. However, it is known that asset transfer systems, by far the most popular…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-04-28 Andrei Tonkikh , Pavel Ponomarev , Petr Kuznetsov , Yvonne-Anne Pignolet

Blockchain is an essentially distributed database recording all transactions or digital events among participating parties. Each transaction in the records is approved and verified by consensus of the participants in the system that…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-07-07 Jie You

Bitcoin's limited scripting capabilities and lack of native interoperability mechanisms have constrained its integration into the broader blockchain ecosystem, especially decentralized finance (DeFi) and multi-chain applications. This paper…

Cryptography and Security · Computer Science 2025-11-04 Guojun Tang , Carylyne Chan , Ning Nan , Spencer Yang , Jiayu Zhou , Henry Leung , Mohammad Mamun , Steve Drew

Blockchain is a radical innovation with a unique value proposition that shifts trust from institutions to algorithms. Still, the potential of blockchains remains elusive due to knowledge gaps between computer science research and…

Cryptography and Security · Computer Science 2021-05-06 Olga Labazova , Erol Kazan , Tobias Dehling , Tuure Tuunanen , Ali Sunyaev

Blockchain transactions consume diverse resources, foremost among them storage, but also computation, communication, and others. Efficiently charging for these resources is crucial for effective system resource allocation and long-term…

Computer Science and Game Theory · Computer Science 2025-06-17 Aggelos Kiayias , Elias Koutsoupias , Giorgos Panagiotakos , Kyriaki Zioga

We investigate the market microstructure of Automated Market Makers (AMMs), the most prominent type of blockchain-based decentralized exchanges. We show that the order execution mechanism yields token value loss for liquidity providers if…

Trading and Market Microstructure · Quantitative Finance 2021-07-22 Agostino Capponi , Ruizhe Jia

This dissertation addresses the challenge of ensuring transactional integrity and reducing costs in corporate governance through blockchain technology. We propose an on-chain methodology for certifying, registering, and querying…

Cryptography and Security · Computer Science 2025-01-27 Antonio Hoffert

As known, blockchains are traditionally blind to the real world. This implies the reliance on third parties called oracles when extrinsic data is needed for smart contracts. However, reintroducing trust and single point of failure, oracles…

General Economics · Economics 2021-12-28 Giulio Caldarelli

For preserving privacy, blockchains can be equipped with dedicated mechanisms to anonymize participants. However, these mechanism often take only the abstraction layer of blockchains into account whereas observations of the underlying…

Networking and Internet Architecture · Computer Science 2018-07-31 David Mödinger , Henning Kopp , Frank Kargl , Franz J. Hauck

The presented work continues the line of recent distributed computing communityefforts dedicated to the theoretical aspects of blockchains. This paper is the rst tospecify blockchains as a composition of abstract data types all together…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-05-15 Emmanuelle Anceaume , Antonella Del Pozzo , Romaric Ludinard , Maria Potop-Butucaru , Sara Tucci-Piergiovanni

Atomic swaps are a fundamental primitive for the trustless exchange of digital assets across blockchains: they guarantee that either both parties receive the agreed assets or neither party transfers. While this all-or-nothing guarantee is…

Cryptography and Security · Computer Science 2026-05-07 Paul Gerhart , Jay Taylor , Sri Aravinda Krishnan Thyagarajan

Although blockchain, the supporting technology of Bitcoin and various cryptocurrencies, has offered a potentially effective framework for numerous applications, it still suffers from the adverse affects of the impossibility triangle.…

Cryptography and Security · Computer Science 2020-11-03 Canran Wang , Netanel Raviv

Most current blockchains require all full nodes to execute all tasks limits the throughput of existing blockchains, which are well documented and among the most significant hurdles for the widespread adoption of decentralized technology.…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-02-19 Alexander Hentschel , Yahya Hassanzadeh-Nazarabadi , Ramtin Seraj , Dieter Shirley , Layne Lafrance

Recently, distributed processing of large dynamic graphs has become very popular, especially in certain domains such as social network analysis, Web graph analysis and spatial network analysis. In this context, many distributed/parallel…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-05-07 Sabeur Aridhi , Alberto Montresor , Yannis Velegrakis

Cryptocurrency has been extensively studied as a decentralized financial technology built on blockchain. However, there is a lack of understanding of user experience with cryptocurrency exchanges, the main means for novice users to interact…

Human-Computer Interaction · Computer Science 2022-06-16 Zhixuan Zhou , Bohui Shen

The goal of cryptocurrencies is decentralization. In principle, all currencies have equal status. Unlike traditional stock markets, there is no default currency of denomination (fiat), thus the trading pairs can be set freely. However, it…

Trading and Market Microstructure · Quantitative Finance 2024-03-07 Di Zhang , Youzhou Zhou

Cryptocurrencies are widely used, yet current methods for analyzing transactions often rely on opaque, black-box models. While these models may achieve high performance, their outputs are usually difficult to interpret and adapt, making it…

Cryptography and Security · Computer Science 2025-09-05 Yuchen Lei , Yuexin Xiang , Qin Wang , Rafael Dowsley , Tsz Hon Yuen , Kim-Kwang Raymond Choo , Jiangshan Yu

Traditional blockchain design gives miners or validators full control over transaction ordering, i.e., they can freely choose which transactions to include or exclude, as well as in which order. While not an issue initially, the emergence…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-12-19 Andrei Constantinescu , Diana Ghinea , Lioba Heimbach , Zilin Wang , Roger Wattenhofer