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Authorization is challenging in distributed systems that cannot rely on the identification of nodes. Proof-of-work offers an alternative gate-keeping mechanism, but its probabilistic nature is incompatible with conventional security…

Cryptography and Security · Computer Science 2022-09-20 Patrik Keller , Rainer Böhme

The Decentralized-Consistent-Scale (DCS) Triangle defines three dimensions that illustrate the tradeoffs of the blockchain consensus mechanism. In this paper, we propose a new hybrid consensus protocol, called Deterministic Proof of Work…

Cryptography and Security · Computer Science 2018-11-15 Zhuan Cheng , Gang Wu , Hao Wu , Muxing Zhao , Liang Zhao , Qingfeng Cai

Inspired by Bitcoin, many different kinds of cryptocurrencies based on blockchain technology have turned up on the market. Due to the special structure of the blockchain, it has been deemed impossible to directly trade between traditional…

Cryptography and Security · Computer Science 2020-05-08 Hangyu Tian , Kaiping Xue , Shaohua Li , Jie Xu , Jianqing Liu , Jun Zhao

Low-density parity-check (LDPC) codes are capable of achieving excellent performance and provide a useful alternative for high performance applications. However, at medium to high signal-to-noise ratios (SNR), an observable error floor…

Information Theory · Computer Science 2016-08-17 C. T. Healy , R. C. de Lamare

While Proof-of-Work (PoW) is the most widely used consensus mechanism for blockchain, it received harsh criticism due to its massive waste of energy for meaningless hash calculation. Some studies have introduced Proof-of-Stake to address…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-04-02 Weilin Zheng , Xu Chen , Zibin Zheng , Xiapu Luo , Jiahui Cui

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

The cryptocurrency market presents both significant investment opportunities and higher risks relative to traditional financial assets. This study examines the tail behavior of daily returns for two leading cryptocurrencies, Bitcoin and…

Statistical Finance · Quantitative Finance 2025-07-04 A. H. Nzokem

Quantum error correction (QEC) is essential for building scalable quantum computers, but a lack of systematic, end-to-end evaluation methods makes it difficult to assess how different QEC codes perform under realistic conditions. The vast…

Quantum Physics · Physics 2025-11-04 Aleksandra Świerkowska , Jannik Pflieger , Emmanouil Giortamis , Pramod Bhatotia

As in classical coding theory, quantum analogues of low-density parity-check (LDPC) codes have offered good error correction performance and low decoding complexity by employing the Calderbank-Shor-Steane (CSS) construction. However,…

Information Theory · Computer Science 2013-05-21 Yuichiro Fujiwara , Vladimir D. Tonchev

Consensus protocols inherently rely on the notion of leader election, in which one or a subset of participants are temporarily elected to authorize and announce the network's latest state. While leader election is a well studied problem,…

Cryptography and Security · Computer Science 2018-02-06 Sarah Azouvi , Patrick McCorry , Sarah Meiklejohn

Fault tolerance in quantum protocols requires contributions from error-correcting codes and their suitable decoders. Quantum Low-Density Parity Check (QLDPC) codes are one of the most explored quantum codes that have good coding rate and…

Quantum Physics · Physics 2026-04-24 Mainak Bhattacharyya , Ankur Raina

Identifying the best families of quantum error correction (QEC) codes for near-term experiments is key to enabling fault-tolerant quantum computing. Ideally, such codes should have low overhead in qubit number, high physical error…

Quantum Physics · Physics 2025-11-17 Laura Pecorari , Guido Pupillo

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

Blockchain platforms, such as Ethereum, allow a set of actors to maintain a ledger of transactions without relying on a central authority and to deploy scripts, called smart contracts, that are executed whenever certain transactions occur.…

Software Engineering · Computer Science 2019-04-23 Orlenys López-Pintado , Luciano García-Bañuelos , Marlon Dumas , Ingo Weber , Alex Ponomarev

This paper presents IBFT, a simple and elegant Byzantine fault-tolerant consensus algorithm that is used to implement state machine replication in the \emph{Quorum} blockchain. IBFT assumes a partially synchronous communication model, where…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-05-20 Henrique Moniz

In proof-of-work based blockchains such as Ethereum, verification of blocks is an integral part of establishing consensus across nodes. However, in Ethereum, miners do not receive a reward for verifying. This implies that miners face the…

Cryptography and Security · Computer Science 2020-04-28 Maher Alharby , Roben Castagna Lunardi , Amjad Aldweesh , Aad van Moorsel

This paper presents a dynamic, real-time approach to detecting anomalous blockchain transactions. The proposed tool, BlockGPT, generates tracing representations of blockchain activity and trains from scratch a large language model to act as…

Cryptography and Security · Computer Science 2023-05-02 Yu Gai , Liyi Zhou , Kaihua Qin , Dawn Song , Arthur Gervais

We performed the first systematic study of a new attack on Ethereum that steals cryptocurrencies. The attack is due to the unprotected JSON-RPC endpoints existed in Ethereum nodes that could be exploited by attackers to transfer the Ether…

Cryptography and Security · Computer Science 2019-07-31 Zhen Cheng , Xinrui Hou , Runhuai Li , Yajin Zhou , Xiapu Luo , Jinku Li , Kui Ren

In this paper, we consider designing low-density parity-check (LDPC) coded modulation systems to achieve unequal error protection (UEP). We propose a new UEP approach by partial superposition transmission called UEP-by-PST. In the…

Information Theory · Computer Science 2013-09-17 Kechao Huang , Chulong Liang , Xiao Ma , Baoming Bai

Sharding is a way to address scalability problem in blockchain technologies. Ethereum, a prominent blockchain technology, has included sharding in its roadmap to increase its throughput. The plan is also to include multiple execution…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-05-19 Raghavendra Ramesh