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Total Value Locked (TVL) aims to measure the aggregate value of cryptoassets deposited in Decentralized Finance (DeFi) protocols. Although blockchain data is public, the way TVL is computed is not well understood. In practice, its…

General Finance · Quantitative Finance 2025-05-21 Pietro Saggese , Michael Fröwis , Stefan Kitzler , Bernhard Haslhofer , Raphael Auer

Smart contract, one of the most successful applications of blockchain, is taking the world by storm, playing an essential role in the blockchain ecosystem. However, frequent smart contract security incidents not only result in tremendous…

Cryptography and Security · Computer Science 2022-09-14 Peng Qian , Zhenguang Liu , Qinming He , Butian Huang , Duanzheng Tian , Xun Wang

Blockchain, as a distributed ledger technology, becomes increasingly popular, especially for enabling valuable cryptocurrencies and smart contracts. However, the blockchain software systems inevitably have many bugs. Although bugs in smart…

Cryptography and Security · Computer Science 2023-02-22 Xiao Yi , Daoyuan Wu , Lingxiao Jiang , Yuzhou Fang , Kehuan Zhang , Wei Zhang

Ethereum smart contracts hold tens of billions of USD in DeFi and NFTs, yet comprehensive security analysis remains difficult due to unverified code, proxy-based architectures, and the reliance on manual inspection of complex execution…

Cryptography and Security · Computer Science 2025-09-04 Shuzheng Wang , Yue Huang , Zhuoer Xu , Yuming Huang , Jing Tang

In the age of Big Data, enabling task scheduling while protecting users' privacy is critical for various decentralized applications in blockchain-based smart contract platforms. Such a privacy-preserving task scheduler requires the task…

Cryptography and Security · Computer Science 2019-02-18 Chao Li , Balaji Palanisamy

Blockchain-based systems have gained immense popularity as enablers of independent asset transfers and smart contract functionality. They have also, since as early as the first Bitcoin blocks, been used for storing arbitrary contents such…

Cryptography and Security · Computer Science 2022-03-18 Marcel Gregoriadis , Robert Muth , Martin Florian

Decentralized finance (DeFi) borrowing and lending platforms are crucial to the decentralized economy, involving two main participants: lenders who provide assets for interest and borrowers who offer collateral exceeding their debt and pay…

Computational Engineering, Finance, and Science · Computer Science 2024-07-16 Mahsa Bastankhah , Viraj Nadkarni , Xuechao Wang , Chi Jin , Sanjeev Kulkarni , Pramod Viswanath

The set of distributed ledger architectures known as blockchain is best known for cryptocurrency applications such as Bitcoin and Ethereum. These permissionless block chains are showing the potential to be disruptive to the financial…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-01-31 Sara Rouhani , Luke Butterworth , Adam D. Simmons , Darryl G. Humphery , Ralph Deters

For data privacy, system reliability, and security, Blockchain technologies have become more popular in recent years. Despite its usefulness, the blockchain is vulnerable to cyber assaults; for example, in January 2019 a 51% attack on…

Cryptography and Security · Computer Science 2022-12-20 D. Nancy Kirupanithi , A. Antonidoss , G. Subathra

Decentralization initiatives like Solid enable data owners to control who has access to their data and to stimulate innovation by creating both application and data markets. Once data owners share their data with others, though, it is no…

Multiagent Systems · Computer Science 2023-10-10 Davide Basile , Claudio Di Ciccio , Valerio Goretti , Sabrina Kirrane

Context: Blockchain-based Information Ecosystems (BBIEs) are a type of information ecosystem in which blockchain technology is used to provide a trust mechanism among parties and to manage shared business logic, breaking the traditional…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-02-03 Francesco Salzano , Lodovica Marchesi , Remo Pareschi , Roberto Tonelli

Cryptocurrencies based on decentralized systems, especially blockchain, are gaining popularity more than ever. Freedom advocates hail blockchain technology as a breakthrough in digital privacy and internet anonymity. Unfortunately, after…

Cryptography and Security · Computer Science 2021-10-18 Amin Aghaee

The Ethereum blockchain network is a decentralized platform enabling smart contract execution and transactions of Ether (ETH) [1], its designated cryptocurrency. Ethereum is the second most popular cryptocurrency with a market cap of more…

Social and Information Networks · Computer Science 2018-10-04 Morit Zwang , Shahar Somin , Alex 'Sandy' Pentland , Yaniv Altshuler

The decentralization, redundancy, and pseudo-anonymity features have made permission-less public blockchain platforms attractive for adoption as technology platforms for cryptocurrencies. However, such adoption has enabled cybercriminals to…

Cryptography and Security · Computer Science 2021-08-27 Banwari Lal , Rachit Agarwal , Sandeep Kumar Shukla

Systems and blockchains often have security vulnerabilities and can be attacked by adversaries, with potentially significant negative consequences. Therefore, infrastructure providers increasingly rely on bug bounty programs, where external…

Theoretical Economics · Economics 2023-09-06 Hans Gersbach , Akaki Mamageishvili , Fikri Pitsuwan

Federated learning (FL) enables collaborative training of machine learning models without sharing training data. Traditional FL heavily relies on a trusted centralized server. Although decentralized FL eliminates the central dependence, it…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-01-25 Zhen Qin , Xueqiang Yan , Mengchu Zhou , Shuiguang Deng

The trustless nature of permissionless blockchains renders overcollateralization a key safety component relied upon by decentralized finance (DeFi) protocols. Nonetheless, factors such as price volatility may undermine this mechanism. In…

General Finance · Quantitative Finance 2021-12-14 Daniel Perez , Sam M. Werner , Jiahua Xu , Benjamin Livshits

DeFi (Decentralized Finance) is one of the most important applications of today's cryptocurrencies and smart contracts. It manages hundreds of billions in Total Value Locked (TVL) on-chain, yet it remains susceptible to common DeFi price…

Cryptography and Security · Computer Science 2025-10-28 Juantao Zhong , Daoyuan Wu , Ye Liu , Maoyi Xie , Yang Liu , Yi Li , Ning Liu

Opening up data produced by the Internet of Things (IoT) and mobile devices for public utilization can maximize their economic value. Challenges remain in the trustworthiness of the data sources and the security of the trading process,…

Cryptography and Security · Computer Science 2025-11-25 Yue Li , Ifteher Alom , Wenhai Sun , Yang Xiao

Public key infrastructures (PKIs) are one of the main building blocks for securing communications over the Internet. Currently, PKIs are under the control of centralized authorities, which is problematic as evidenced by numerous incidents…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-08-05 Christos Patsonakis , Katerina Samari , Aggelos Kiayias , Mema Roussopoulos
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