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As a disruptive technology that originates from cryptocurrency, blockchain provides a trusted platform to facilitate industrial IoT (IIoT) applications. However, implementing a blockchain platform in IIoT scenarios confronts various…

Cryptography and Security · Computer Science 2022-01-19 Qing Yang , Hao Wang , Xiaoxiao Wu , Taotao Wang , Shengli Zhang , Naijin Liu

Off-Chain transactions allow for the immediate transfer of Cryptocurrency between two parties, without delays or unavoidable transaction fees. Such capabilities are critical for mainstream Cryptocurrency adaption. They allow for the…

Cryptography and Security · Computer Science 2014-08-14 Leonard Apeltsin

Off-chain protocols (channels) are a promising solution to the scalability and privacy challenges of blockchain payments. Current proposals, however, require synchrony assumptions to preserve the safety of a channel, leaking to an adversary…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-06-22 Georgia Avarikioti , Eleftherios Kokoris Kogias , Roger Wattenhofer , Dionysis Zindros

Permissionless blockchains offer many advantages but also have significant limitations including high latency. This prevents their use in important scenarios such as retail payments, where merchants should approve payments fast. Prior works…

Cryptography and Security · Computer Science 2020-01-07 Vasilios Mavroudis , Karl Wüst , Aritra Dhar , Kari Kostiainen , Srdjan Capkun

Cryptocurrency off-chain networks such as Lightning (e.g., Bitcoin) or Raiden (e.g., Ethereum) aim to increase the scalability of traditional on-chain transactions. To support nodes in learning about possible paths to route their…

Cryptography and Security · Computer Science 2020-03-03 Utz Nisslmueller , Klaus-Tycho Foerster , Stefan Schmid , Christian Decker

Payment channel networks provide a fast and scalable solution to relay funds, acting as a second layer to slower and less scalable blockchain protocols. In this paper, we present an accessible, low-cost attack in which the attacker…

Cryptography and Security · Computer Science 2021-02-02 Ayelet Mizrahi , Aviv Zohar

The advent of blockchain technology has led to a massive wave of different decentralized ledger technology (DLT) solutions. Such projects as Bitcoin and Ethereum have shifted the paradigm of how to transact value in a decentralized manner,…

Cryptography and Security · Computer Science 2021-11-29 Dato Kavazi , Victor Smirnov , Sasha Shilina , MOZGIII , MingDong Li , Rafael Contreras , Hardik Gajera , Dmitry Lavrenov , the Humanode Core

Different versions of peer-to-peer electronic cash exist as data represented by separate blockchains. Payments between such systems cannot be sent directly from one party to another without going through a financial institution. Bitcoin…

Cryptography and Security · Computer Science 2016-09-12 S. Matthew English , Fabrizio Orlandi , Soeren Auer

Recent years have witnessed a rapid development of platform economy, as it effectively addresses the trust dilemma between untrusted online buyers and merchants. However, malicious platforms can misuse users' funds and information, causing…

Cryptography and Security · Computer Science 2025-05-26 Junru Lin , Mingzhe Liu , Songze Li , Xuechao Wang

Transactive microgrids are emerging as a transformative solution for the problems faced by distribution system operators due to an increase in the use of distributed energy resources and a rapid acceleration in renewable energy generation,…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-02-01 Jonatan Bergquist , Aron Laszka , Monika Sturm , Abhishek Dubey

Blockchains were originally designed as closed execution environments and lack the ability to communicate directly with external systems. To overcome this limitation, many blockchains employ relayers, external applications capable of…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-10-17 Joao Otavio Chervinski , Diego Kreutz , Jiangshan Yu

The real-time traffic monitoring is a fundamental mission in a smart city to understand traffic conditions and avoid dangerous incidents. In this paper, we propose a reliable and efficient traffic monitoring system that integrates…

Networking and Internet Architecture · Computer Science 2021-01-19 Jianxiong Guo , Xingjian Ding , Weili Wu

Network-level privacy is the Achilles heel of financial privacy in cryptocurrencies. Financial privacy amounts to achieving and maintaining blockchain- and network-level privacy. Blockchain-level privacy recently received substantial…

Cryptography and Security · Computer Science 2023-06-28 Ferenc Béres , István András Seres , Domokos M. Kelen , András A. Benczúr

Credit networks represent a way of modeling trust between entities in a network. Nodes in the network print their own currency and trust each other for a certain amount of each other's currency. This allows the network to serve as a…

Trading and Market Microstructure · Quantitative Finance 2012-02-21 Pranav Dandekar , Ashish Goel , Ramesh Govindan , Ian Post

Payment channel networks use off-chain transactions to provide virtually arbitrary transaction rates. In this paper, we provide a new perspective on payment channels and consider them as a flow network. We propose an extended push-relabel…

Networking and Internet Architecture · Computer Science 2017-09-27 Elias Rohrer , Jann-Frederik Laß , Florian Tschorsch

We consider the problem of cross-chain payment whereby customers of different escrows---implemented by a bank or a blockchain smart contract---successfully transfer digital assets without trusting each other. Prior to this work, cross-chain…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-07-17 Rob van Glabbeek , Vincent Gramoli , Pierre Tholoniat

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

This paper proposes a new microblogging architecture based on peer-to-peer networks overlays. The proposed platform is comprised of three mostly independent overlay networks. The first provides distributed user registration and…

Networking and Internet Architecture · Computer Science 2013-12-30 Miguel Freitas

As the significance of blockchain innovation grows and the focus on scalability intensifies, rollup technology has emerged as a promising approach to tackle these scalability concerns. Nonetheless, rollups encounter restrictions when…

Cryptography and Security · Computer Science 2023-06-01 Hyun Jeong , Hyemin Lee

Payment channel networks (PCN) enable scalable blockchain transactions without fundamentally changing the underlying distributed ledger algorithm. However, routing a payment via multiple channels in a PCN requires locking collateral for…

Cryptography and Security · Computer Science 2021-09-09 Ben Weintraub , Cristina Nita-Rotaru , Stefanie Roos