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Blockchains have gained substantial attention from academia and industry for their ability to facilitate decentralized trust and communications. However, the rapid progress of quantum computing poses a significant threat to the security of…

Cryptography and Security · Computer Science 2024-09-04 Zebo Yang , Haneen Alfauri , Behrooz Farkiani , Raj Jain , Roberto Di Pietro , Aiman Erbad

Bitcoin's Proof of Work (PoW) mechanism, while central to achieving decentralized consensus, has long been criticized for excessive energy use and hardware inefficiencies \cite{devries2018bitcoin, truby2018decarbonizing}. This paper…

Cryptography and Security · Computer Science 2025-08-19 Mohammad Ishzaz Asif Rafid , Morsalin Sakib

Proof-of-Work (PoW) is a fundamental underlying technology behind most major blockchain cryptocurrencies. It has been previously pointed out that quantum devices provide a computational advantage in performing PoW in the context of Bitcoin.…

Quantum Physics · Physics 2021-05-06 Dan A. Bard , Joseph J. Kearney , Carlos A. Perez-Delgado

Proof-of-Work (PoW) is a popular blockchain consensus algorithm that is used in cryptocurrencies like Bitcoin in which hashing operations are repeated until the resulting hash has certain properties. This approach uses lots of computational…

Cryptography and Security · Computer Science 2022-09-09 Felix Hoffmann

We propose a blockchain architecture in which mining requires a quantum computer. The consensus mechanism is based on proof of quantum work, a quantum-enhanced alternative to traditional proof of work that leverages quantum supremacy to…

Blockchain is a Distributed Ledger Technology (DLT) that offers numerous benefits including decentralization, transparency, efficiency, and reduced costs. Hence, blockchain has been included in many fields. Blockchain relies on…

Cryptography and Security · Computer Science 2025-08-26 Sufyan Al-Janabi

A proof of work (PoW) is an important cryptographic construct enabling a party to convince others that they invested some effort in solving a computational task. Arguably, its main impact has been in the setting of cryptocurrencies such as…

Quantum Physics · Physics 2023-03-15 Alexandru Cojocaru , Juan Garay , Aggelos Kiayias , Fang Song , Petros Wallden

Blockchain stores information into a chain of "blocks", whose integrity is usually guaranteed by Proof of Work (PoW). In many blockchain applications (including cryptocurrencies), users compete with each other to win the ownership of the…

Cryptography and Security · Computer Science 2018-10-09 Wei Li

As quantum computing advances toward practical deployment, it threatens a wide range of classical cryptographic mechanisms, including digital signatures, key exchange protocols, public-key encryption, and certain hash-based constructions…

Cryptography and Security · Computer Science 2025-12-16 Tushin Mallick , Maya Zeldin , Murat Cenk , Cristina Nita-Rotaru

Blockchain technology enables secure, transparent data management in decentralized systems, supporting applications from cryptocurrencies like Bitcoin to tokenizing real-world assets like property. Its scalability and sustainability hinge…

Cryptography and Security · Computer Science 2025-04-25 Zan-Kai Chong , Hiroyuki Ohsaki , Bryan Ng

Blockchain and other Distributed Ledger Technologies (DLTs) have evolved significantly in the last years and their use has been suggested for numerous applications due to their ability to provide transparency, redundancy and accountability.…

Cryptography and Security · Computer Science 2024-02-05 Tiago M. Fernandez-Carames , Paula Fraga-Lamas

Cryptocurrencies have gained popularity due to their transparency, security, and accessibility compared to traditional financial systems, with Bitcoin, introduced in 2009, leading the market. Bitcoin's security relies on blockchain…

Cryptography and Security · Computer Science 2024-11-12 Dinitha Wijewardhana , Sugandima Vidanagamachchi , Nalin Arachchilage

Blockchain, the technology behind the popular Bitcoin, is considered a "security by design" system as it is meant to create security among a group of distrustful parties yet without a central trusted authority. The security of blockchain…

Cryptography and Security · Computer Science 2020-09-02 Yang Xiao , Ning Zhang , Wenjing Lou , Y. Thomas Hou

Traditional and lightweight cryptography primitives and protocols are insecure against quantum attacks. Thus, a real-time application using traditional or lightweight cryptography primitives and protocols does not ensure full-proof…

Cryptography and Security · Computer Science 2022-06-22 Adarsh Kumar , Carlo Ottaviani , Sukhpal Singh Gill , Rajkumar Buyya

In today's connected world, resource constrained devices are deployed for sensing and decision making applications, ranging from smart cities to environmental monitoring. Those recourse constrained devices are connected to create real-time…

Cryptography and Security · Computer Science 2020-01-22 Deepak Puthal , Saraju P. Mohanty , Venkata P. Yanambaka , Elias Kougianos

Proof of Work (PoW) blockchains burn a lot of energy. Proof-of-work algorithms are expensive by design and often only serve to compute blockchains. In some sense, carbon-based and non-carbon based regional electric power is fungible. So the…

Cryptography and Security · Computer Science 2024-04-09 Agron Gemajli , Shivam Patel , Phillip G. Bradford

This paper presents a comprehensive comparative analysis of two dominant blockchain consensus mechanisms, Proof of Work (PoW) and Proof of Stake (PoS), evaluated across seven critical metrics: energy use, security, transaction speed,…

Cryptography and Security · Computer Science 2025-11-24 Kaeli Andrews , Linh B. Ngo , Md Amiruzzaman

Bitcoin is the first fully-decentralized permissionless blockchain protocol to achieve a high level of security, but at the expense of poor throughput and latency. Scaling the performance of Bitcoin has a been a major recent direction of…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-02-20 Lei Yang , Xuechao Wang , Vivek Bagaria , Gerui Wang , Mohammad Alizadeh , David Tse , Giulia Fanti , Pramod Viswanath

A blockchain is a decentralized ledger where all transactions are recorded. For having a reliable blockchain and double-spending prevention, we need a decentralized consensus and agreement on a blockchain. Bitcoin uses proof-of-work (PoW).…

Cryptography and Security · Computer Science 2019-05-06 Siamak Solat

Blockchain (BC), the technology behind the Bitcoin crypto-currency system, is considered to be both alluring and critical for ensuring enhanced security and (in some implementations, non-traceable) privacy for diverse applications in many…

Cryptography and Security · Computer Science 2018-12-14 Mahdi H. Miraz , Maaruf Ali
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