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The quality of learning generally improves with the scale and diversity of data. Companies and institutions can therefore benefit from building models over shared data. Many cloud and blockchain platforms, as well as government initiatives,…
In recent years, manifold blockchain protocols have been proposed by researchers and industrial companies alike. This has led to a very heterogeneous blockchain landscape. Accordingly, it would be desirable if blockchains could interact…
Routing attacks remain practically effective in the Internet today as existing countermeasures either fail to provide protection guarantees or are not easily deployable. Blockchain systems are particularly vulnerable to such attacks as they…
Blockchains were originally designed as closed execution environments and lack the ability to communicate directly with external systems. To overcome this limitation, many blockchains employ relayers, external applications capable of…
Shared Web Hosting service enables hosting multitude of websites on a single powerful server. It is a well-known solution as many people share the overall cost of server maintenance and also, website owners do not need to deal with…
A family of existing protocols for quantum sealed-bid auction is critically analyzed, and it is shown that they are vulnerable under several attacks (e.g., the participant's and non-participant's attacks as well as the collusion attack of…
Blockchain technology has become one of the most popular trends in IT over the last few years. Its increasing popularity and the discovery of ever more use cases raises the question of how to improve scalability. While researchers are…
Blockchains are intended to be immutable, so an attacker who is able to delete transactions through a chain reorganization (a malicious reorg) can perform a profitable double-spend attack. We study the rate at which an attacker can execute…
In this article, we introduce an algorithm called Backward Hedging, designed for hedging European and American options while considering transaction costs. The optimal strategy is determined by minimizing an appropriate loss function, which…
One of the defining features of a cryptocurrency is that its ledger, containing all transactions that have evertaken place, is globally visible. As one consequenceof this degree of transparency, a long line of recent re-search has…
This paper investigates hardware cyber-security risks associated with channel decoders, which are commonly acquired as a black box in semiconductor industry. It is shown that channel decoders are potentially attractive targets for hardware…
As time progresses, the need for more secure applications grows exponentially. The different types of sensitive information that is being transferred virtually has sparked a rise in systems that leverage blockchain. Different sectors are…
Proof of work blockchain protocols using multiple hash types are considered. It is proven that the security region of such a protocol cannot be the AND of a 51\% attack on all the hash types. Nevertheless, a protocol called Merged Bitcoin…
Lightning Network (LN) is a widely-used network of payment channels enabling faster and cheaper Bitcoin transactions. In this paper, we outline three ways an attacker can steal funds from honest LN users. The attacks require dilating the…
The distributed ledger technology has been widely hailed as the break-through technology. It has realised a great number of application scenarios, and improved workflow of many domains. Nonetheless, there remain a few major concerns in…
Since the creation of Bitcoin in 2009 we have seen a great push towards public and private blockchains. In order to avoid fragmentation, a global network connecting all these blockchains is envisioned. Just like the Internet facilitates…
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 work, cross-chain…
Increased collaborative production and dynamic selection of production partners within industry 4.0 manufacturing leads to ever-increasing automatic data exchange between companies. Automatic and unsupervised data exchange creates new…
Abundant examples of complex transaction-oriented networks (TONs) can be found in a variety of disciplines, including information and communication technology, finances, commodity trading, and real estate. A transaction in a TON is executed…
Similar to a strategic interaction between rational and intelligent agents, cryptography problems can be examined through the prism of game theory. In this setting, the agent aiming to protect a message is called the defender, while the one…