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Polkadot is a network protocol launched in 2020 with the ambition of unlocking the full potential of blockchain technologies. Its novel multi-chain protocol allows arbitrary data to be transferred across heterogeneous blockchains, enabling…

Cryptography and Security · Computer Science 2022-07-29 Hanaa Abbas , Maurantonio Caprolu , Roberto Di Pietro

Chainspace is a decentralized infrastructure, known as a distributed ledger, that supports user defined smart contracts and executes user-supplied transactions on their objects. The correct execution of smart contract transactions is…

Cryptography and Security · Computer Science 2017-08-15 Mustafa Al-Bassam , Alberto Sonnino , Shehar Bano , Dave Hrycyszyn , George Danezis

The Layer 2 Atomic Cross-Blockchain Function Calls protocol allows composable programming across Ethereum blockchains. It allows for inter-contract and inter-blockchain function calls that are both synchronous and atomic: if one part fails,…

Cryptography and Security · Computer Science 2020-07-02 Peter Robinson , Raghavendra Ramesh

A core enabler for blockchain or DLT interoperability is the ability to atomically exchange assets held by mutually untrusting owners on different ledgers. This atomic swap problem has been well-studied, with the Hash Time Locked Contract…

Cryptography and Security · Computer Science 2022-09-13 Krishnasuri Narayanam , Venkatraman Ramakrishna , Dhinakaran Vinayagamurthy , Sandeep Nishad

The state-of-the-art techniques for processing cross-blockchain transactions take a simple centralized approach: when the assets on blockchain $X$, say $X$-coins, are exchanged with the assets on blockchain $Y$---the $Y$-coins, those…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-08-20 Dongfang Zhao

The payment channel, which allows two parties to perform micropayments without involving the blockchain, has become a promising proposal to improve the scalability of decentralized ledgers such as Bitcoin and Ethereum. Payment channels have…

Cryptography and Security · Computer Science 2019-12-02 YongJie Ye , Jingjing Zhang , Weigang Wu , Xiapu Luo , Jiannong Cao

Blockchains such as Bitcoin and Ethereum execute payment transactions securely, but their performance is limited by the need for global consensus. Payment networks overcome this limitation through off-chain transactions. Instead of writing…

Cryptography and Security · Computer Science 2019-10-29 Joshua Lind , Oded Naor , Ittay Eyal , Florian Kelbert , Peter Pietzuch , Emin Gun Sirer

We address the Threshold Information Disclosure (TID) problem on Ethereum: An arbitrary number of users commit to the scheduled disclosure of their individual messages recorded on the Ethereum blockchain if and only if all such messages are…

Cryptography and Security · Computer Science 2022-01-04 Oliver Stengele , Markus Raiber , Jörn Müller-Quade , Hannes Hartenstein

The development of underlying technologies in blockchain mostly revolves around a difficult problem: how to enhance the performance of the system and reduce various costs of nodes (such as communication, storage and verification) without…

Cryptography and Security · Computer Science 2023-12-04 Lide Xue , Wei Yang , Wei Li

As transaction fees skyrocket today, blockchains become increasingly expensive, hurting their adoption in broader applications. This work tackles the saving of transaction fees for economic blockchain applications. The key insight is that…

Cryptography and Security · Computer Science 2022-10-11 Yibo Wang , Yuzhe Tang

In this paper, we design, implement, and (partially-) evaluate a lightweight bridge (as a type of middleware) to connect the Bitcoin and Ethereum networks that were heterogeneously uncontactable before. Inspired by the recently introduced…

Cryptography and Security · Computer Science 2024-03-25 Qin Wang , Guangsheng Yu , Shiping Chen

Blockchain systems have received much attention and promise to revolutionize many services. Yet, despite their popularity, current blockchain systems exist in isolation, that is, they cannot share information. While interoperability is…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-04-24 Enrique Fynn , Alysson Bessani , Fernando Pedone

In this paper, 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…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-12-11 Rob van Glabbeek , Vincent Gramoli , Pierre Tholoniat

Atomic Crosschain Transaction technology allows composable programming across private Ethereum blockchains. It allows for inter-contract and inter-blockchain function calls that are both synchronous and atomic: if one part fails, the whole…

Cryptography and Security · Computer Science 2019-11-20 Peter Robinson

Proto-Danksharding, proposed in Ethereum Improvement Proposal 4844 (EIP-4844), aims to incrementally improve the scalability of the Ethereum blockchain by introducing a new type of transaction known as blob-carrying transactions. These…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-09-18 Pourya Soltani , Farid Ashtiani

Propelled by the growth of large-scale blockchain deployments, much recent progress has been made in designing sharding protocols that achieve throughput scaling linearly in the number of nodes. However, existing protocols are not robust to…

Cryptography and Security · Computer Science 2020-05-20 Ranvir Rana , Sreeram Kannan , David Tse , Pramod Viswanath

Cross-chain swaps enable exchange of different assets that reside on different blockchains. Several protocols have been proposed for atomic cross-chain swaps. However, those protocols are not fault-tolerant, in the sense that if any party…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-11-15 Yingjie Xue , Di Jin , Maurice Herlihy

Traditional Blockchain Sharding approaches can only tolerate up to n/3 of nodes being adversary because they rely on the hypergeometric distribution to make a failure (an adversary does not have n/3 of nodes globally but can manipulate the…

Cryptography and Security · Computer Science 2020-03-26 Yibin Xu , Yangyu Huang

An option is a financial agreement between two parties to trade two assets. One party is given the right, but not the obligation, to complete the swap before a specified termination time. In todays financial markets, an option is considered…

Cryptography and Security · Computer Science 2022-05-09 Daniel Engel , Yingjie Xue

Bitcoin, Ethereum and other blockchain-based cryptocurrencies, as deployed today, cannot scale for wide-spread use. A leading approach for cryptocurrency scaling is a smart contract mechanism called a payment channel which enables two…

Cryptography and Security · Computer Science 2017-12-04 Andrew Miller , Iddo Bentov , Ranjit Kumaresan , Christopher Cordi , Patrick McCorry