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Liquid staking has become the largest category of decentralized finance protocols in terms of total value locked. However, few studies exist on its implementation designs or underlying risks. The liquid staking protocols allow for earning…

Cryptography and Security · Computer Science 2024-01-30 Krzysztof Gogol , Benjamin Kraner , Malte Schlosser , Tao Yan , Claudio Tessone , Burkhard Stiller

We design and validate new block propagation protocols for the peer-to-peer (P2P) network of the Bitcoin blockchain. Despite its strong protection for security and privacy, the current Bitcoin blockchain can only support a low number of…

Networking and Internet Architecture · Computer Science 2021-01-05 Lihao Zhang , Taotao Wang , Soung Chang Liew

Web3 technologies have experienced unprecedented growth in the last decade, achieving widespread adoption. As various blockchain networks continue to evolve, we are on the cusp of a paradigm shift in which they could provide services…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-06-23 Khalid Hassan , Amirreza Sokhankhosh , Sara Rouhani

Half a decade after Bitcoin became the first widely used cryptocurrency, blockchains are receiving considerable interest from industry and the research community. Modern blockchains feature services such as name registration and smart…

Cryptography and Security · Computer Science 2016-06-22 Luke Anderson , Ralph Holz , Alexander Ponomarev , Paul Rimba , Ingo Weber

Most permissionless blockchain networks run on peer-to-peer (P2P) networks, which offer flexibility and decentralization at the expense of performance (e.g., network latency). Historically, this tradeoff has not been a bottleneck for most…

Cryptography and Security · Computer Science 2023-09-13 Weizhao Tang , Lucianna Kiffer , Giulia Fanti , Ari Juels

Countries like Estonia, Norway or Australia developed electronic voting systems, which could be used to realize parliamentary elections with the help of personal computers and the Internet. These systems are completely different in their…

Cryptography and Security · Computer Science 2017-02-10 Christian Meter

Decentralized finance (DeFi) in Ethereum is a financial ecosystem built on the blockchain that has locked over 200 billion USD until April 2022. All transaction information is transparent and open when transacting through the DeFi protocol,…

Cryptography and Security · Computer Science 2022-05-20 Wenkai Li , Jiuyang Bu , Xiaoqi Li , Xianyi Chen

This paper presents an in-depth exploration of Data Availability Sampling (DAS) and sharding mechanisms within decentralized systems through simulation-based analysis. DAS, a pivotal concept in blockchain technology and decentralized…

Cryptography and Security · Computer Science 2024-07-26 Arunima Chaudhuri , Sudipta Basak , Csaba Kiraly , Dmitriy Ryajov , Leonardo Bautista-Gomez

Phishing is a widespread scam activity on Ethereum, causing huge financial losses to victims. Most existing phishing scam detection methods abstract accounts on Ethereum as nodes and transactions as edges, then use manual statistics of…

Social and Information Networks · Computer Science 2023-06-30 Wenjia Yu , Yijun Xia , Jieli Liu , Jiajing Wu

Blockchain and Cryptocurrencies are gaining unprecedented popularity and understanding. Meanwhile, Ethereum is gaining a significant popularity in the blockchain community, mainly due to the fact that it is designed in a way that enables…

Cryptography and Security · Computer Science 2018-07-06 TonTon Hsien-De Huang

Sharding has emerged as a critical solution to address the scalability challenges faced by blockchain networks, enabling them to achieve higher transaction throughput, reduced latency, and optimized resource usage. This paper investigates…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-09-25 Ziwei Wang , Cong Wu , Paolo Tasca

Designing an efficient difficulty control algorithm is an essential problem in Proof-of-Work (PoW) based blockchains because the network hash rate is randomly changing. This paper proposes a general difficulty control algorithm and provides…

Cryptography and Security · Computer Science 2020-04-23 Shulai Zhang , Xiaoli Ma

Ethereum has adopted a rollup-centric roadmap to scale by making rollups (layer 2 scaling solutions) the primary method for handling transactions. The first significant step towards this goal was EIP-4844, which introduced blob transactions…

Computational Engineering, Finance, and Science · Computer Science 2025-02-19 Lioba Heimbach , Jason Milionis

The Bitcoin P2P network is at the core of all communications between clients. The reachable part of this network has been explored and analyzed by numerous studies. Unreachable nodes, however, are, in most part, overlooked. Nonetheless,…

Networking and Internet Architecture · Computer Science 2020-10-29 Federico Franzoni , Vanesa Daza

As the largest public blockchain-based platform supporting smart contracts, Ethereum has accumulated a large number of user transaction records since its debut in 2014. Analysis of Ethereum transaction records, however, is still relatively…

Social and Information Networks · Computer Science 2021-01-01 Dan Lin , Jiajing Wu , Qi Yuan , Zibin Zheng

Decentralized cryptocurrency systems, known as blockchains, have shown promise as infrastructure for mutually distrustful parties to agree on transactions safely. However, Bitcoin-derived blockchains and their variants suffer from the…

Networking and Internet Architecture · Computer Science 2021-09-08 Han Wang , Hui Li , Zixian Wang , Baofu Han , Minglong Zhang , Peter Han Joo Chong , Xiaoli Chu , Yang Liu , Soung-Yue Liew , Lunchakorn Wuttisittikulkij

In this paper we describe a prototype of a blockchain-in-a-box system which allows users to easily bootstrap the whole Ethereum Proof-of-Work (PoW) network running on multiple Raspberry Pi nodes - an inexpensive modular computers. Users are…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-05-09 Matija Piškorec , Anton Ivashkevich , Said Haji Abukar , Lundrim Azemi , Md Rezuanul Haque , Mostafa Chegenizadeh , Claudio J. Tessone

Blockchains and smart contracts are an emerging, promising technology, that has received considerable attention. We use the blockchain technology, and in particular Ethereum, to implement a large-scale event-based Internet of Things (IoT)…

Cryptography and Security · Computer Science 2019-07-10 Nikos Fotiou , Iakovos Pittaras , Vasilios A. Siris , Spyros Voulgaris , George C. Polyzos

In the area of blockchains, a wallet is anything that manages the access to cryptocurrencies and tokens. Off-chain wallets appear in different forms, from paper wallets to hardware wallets to dedicated wallet apps, while on-chain wallets…

Cryptography and Security · Computer Science 2021-04-06 Monika di Angelo , Gernot Salzer

Ethereum's scalability limitations pose significant challenges for the adoption of decentralized applications (dApps). Zero-Knowledge Rollups (ZK Rollups) present a promising solution, bundling transactions off-chain and submitting validity…

Cryptography and Security · Computer Science 2025-06-03 Krzysztof Gogol , Szczepan Gurgul , Faizan Nehal Siddiqui , David Branes , Claudio Tessone