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Proof of Stake (PoS) protocols rely on voting mechanisms to reach consensus on the current state. If an enhanced majority of staking nodes, also called validators, agree on a proposed block, then this block is appended to the blockchain.…

Computer Science and Game Theory · Computer Science 2021-07-20 Stefanos Leonardos , Daniel Reijsbergen , Georgios Piliouras

The rise of computational power has led to unprecedented performance gains for deep learning models. As more data becomes available and model architectures become more complex, the need for more computational power increases. On the other…

Cryptography and Security · Computer Science 2023-09-01 Mahmoud Salhab , Khaleel Mershad

Decentralized data-feed systems enable blockchain-based smart contracts to access off-chain information by aggregating values from multiple oracles. To improve accuracy, these systems typically use an aggregation function, such as majority…

Computer Science and Game Theory · Computer Science 2025-09-16 Sina Aeeneh , Nikola Zlatanov , Jiangshan Yu

Existing blockchain sharding protocols have focused on eliminating imbalanced workload distributions. However, even with workload balance, disparities in processing capabilities can lead to differential stress among shards, resulting in…

Networking and Internet Architecture · Computer Science 2025-05-13 Xinpeng Huang , Wanqing Jie , Shiwen Zhang , Haofu Yang , Wangjie Qiu , Qinnan Zhang , Huawei Huang , Zehui Xiong , Shaoting Tang , Hongwei Zheng , Zhiming Zheng

Pool block withholding attack is performed among mining pools in digital cryptocurrencies, such as Bitcoin. Instead of mining honestly, pools can be incentivized to infiltrate their own miners into other pools. These infiltrators report…

Computer Science and Game Theory · Computer Science 2021-01-29 Qian Wang , Yurong Chen

Blockchains rely on a consensus among participants to achieve decentralization and security. However, reaching consensus in an online, digital world where identities are not tied to physical users is a challenging problem. Proof-of-work…

Cryptography and Security · Computer Science 2020-11-16 Hjalmar Turesson , Henry M. Kim , Marek Laskowski , Alexandra Roatis

Proof of Stake (PoS) is a burgeoning Sybil resistance mechanism that aims to have a digital asset ("token") serve as security collateral in crypto networks. However, PoS has so far eluded a comprehensive threat model that encompasses both…

General Finance · Quantitative Finance 2020-02-05 Tarun Chitra

Decentralized systems built around blockchain technology promise clients an immutable ledger. They add a transaction to the ledger after it undergoes consensus among the replicas that run a Proof-of-Stake (PoS) or Byzantine Fault-Tolerant…

Cryptography and Security · Computer Science 2025-08-08 Junchao Chen , Suyash Gupta , Alberto Sonnino , Lefteris Kokoris-Kogias , Mohammad Sadoghi

We study the strategic implications that arise from adding one extra option to the miners participating in the bitcoin protocol. We propose that when adding a block, miners also have the ability to pay forward an amount to be collected by…

Computer Science and Game Theory · Computer Science 2019-05-21 Elias Koutsoupias , Philip Lazos , Paolo Serafino , Foluso Ogunlana

Recently, several works conjectured the vulnerabilities of mainstream blockchains under several network attacks. All these attacks translate into showing that the assumptions of these blockchains can be violated in theory or under…

Cryptography and Security · Computer Science 2018-05-15 Parinya Ekparinya , Vincent Gramoli , Guillaume Jourjon

It is interesting but difficult and challenging to study Ethereum with multiple mining pools. One of the main difficulties comes from not only how to represent such a general tree with multiple block branches (or sub-chains) related to the…

Cryptography and Security · Computer Science 2022-01-26 Quan-Lin Li , Yan-Xia Chang , Chi Zhang

A widespread security claim of the Bitcoin system, presented in the original Bitcoin white-paper, states that the security of the system is guaranteed as long as there is no attacker in possession of half or more of the total computational…

Cryptography and Security · Computer Science 2013-12-30 Lear Bahack

We calculate the probability of success of block-hiding mining strategies in Bitcoin-like networks. These strategies involve building a secret branch of the block-tree and publishing it opportunistically, aiming to replace the top of the…

Cryptography and Security · Computer Science 2014-02-19 Assaf Shomer

A blockchain faces two fundamental challenges. It must motivate users to maintain the system while preventing a minority of these users from colluding and gaining disproportionate control. Many popular public blockchains use monetary…

Cryptography and Security · Computer Science 2021-10-15 Shea Ketsdever , Michael J. Fischer

Emerging blockchain and cryptocurrency-based technologies are redefining the way we conduct business in cyberspace. Today, a myriad of blockchain and cryptocurrency systems, applications, and technologies are widely available to companies,…

Cryptography and Security · Computer Science 2021-04-28 Ege Tekiner , Abbas Acar , A. Selcuk Uluagac , Engin Kirda , Ali Aydin Selcuk

Existing blockchain systems scale poorly because of their distributed consensus protocols. Current attempts at improving blockchain scalability are limited to cryptocurrency. Scaling blockchain systems under general workloads (i.e.,…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-03-13 Hung Dang , Tien Tuan Anh Dinh , Dumitrel Loghin , Ee-Chien Chang , Qian Lin , Beng Chin Ooi

Cryptocurrency is a novel exploration of a form of currency that proposes a decentralized electronic payment scheme based on blockchain technology and cryptographic theory. While cryptocurrency has the security characteristics of being…

Cryptography and Security · Computer Science 2025-03-31 Zekai Liu , Xiaoqi Li

Proof of work (PoW), as the representative consensus protocol for blockchain, consumes enormous amounts of computation and energy to determine bookkeeping rights among miners but does not achieve any practical purposes. To address the…

Cryptography and Security · Computer Science 2022-11-01 Yuntao Wang , Haixia Peng , Zhou Su , Tom H Luan , Abderrahim Benslimane , Yuan Wu

Blockchain is a technology that provides a distributed ledger that stores previous records while maintaining consistency and security. Bitcoin is the first and largest decentralized electronic cryptographic system that uses blockchain…

Cryptography and Security · Computer Science 2021-11-05 Befekadu G. Gebraselase , Bjarne E. Helvik , Yuming Jiang

Blockchains have witnessed widespread adoption in the past decade in various fields. The growing demand makes their scalability and sustainability challenges more evident than ever. As a result, more and more blockchains have begun to adopt…

Computer Science and Game Theory · Computer Science 2021-07-12 Shashank Motepalli , Hans-Arno Jacobsen
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