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We report our experience in the formal verification of the reference implementation of the Beacon Chain. The Beacon Chain is the backbone component of the new Proof-of-Stake Ethereum 2.0 network: it is in charge of tracking information…

Programming Languages · Computer Science 2021-10-26 Franck Cassez , Joanne Fuller , Aditya Asgaonkar

Decentralized blockchain platforms have enabled the secure exchange of crypto-assets without the intermediation of trusted authorities. To this purpose, these platforms rely on a peer-to-peer network of byzantine nodes, which…

Cryptography and Security · Computer Science 2023-06-22 Massimo Bartoletti , Letterio Galletta , Maurizio Murgia

This work focuses on the problem of detection and prevention of stolen and misused secrets (such as private keys) for authentication toward centralized services. We propose a solution for such a problem based on the blockchain-based…

Cryptography and Security · Computer Science 2022-11-08 Jozef Drga , Ivan Homoliak , Juraj Vančo , Martin Perešíni , Petr Hanáček

Owing to the meteoric rise in the usage of cryptocurrencies, there has been a widespread adaptation of traditional financial applications such as lending, borrowing, margin trading, and more, to the cryptocurrency realm. In some cases, the…

Cryptography and Security · Computer Science 2025-05-19 Emrah Sariboz , Gaurav Panwar , Roopa Vishwanathan , Satyajayant Misra

Coconut is a novel selective disclosure credential scheme supporting distributed threshold issuance, public and private attributes, re-randomization, and multiple unlinkable selective attribute revelations. Coconut integrates with…

Cryptography and Security · Computer Science 2020-03-17 Alberto Sonnino , Mustafa Al-Bassam , Shehar Bano , Sarah Meiklejohn , George Danezis

Off-Chain transactions allow for the immediate transfer of Cryptocurrency between two parties, without delays or unavoidable transaction fees. Such capabilities are critical for mainstream Cryptocurrency adaption. They allow for the…

Cryptography and Security · Computer Science 2014-08-14 Leonard Apeltsin

Ethereum is a permissionless blockchain ecosystem that supports execution of smart contracts, the key enablers of decentralized finance (DeFi) and non-fungible tokens (NFT). However, the expressiveness of Ethereum smart contracts is a…

Cryptography and Security · Computer Science 2023-01-24 Nikolay Ivanov , Qiben Yan , Anurag Kompalli

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

The financial sector's adoption of technology-driven data analysis has enhanced operational efficiency and revenue generation by leveraging personal sensitive data. However, the inherent characteristics of blockchain hinder decentralized…

Cryptography and Security · Computer Science 2023-11-13 Zhuangtong Huang , Jiawei Zhu , Zhongyu Huang , Yixin Xu , Jerome Yen , Ye Wang

Blockchain is a distributed database which is cryptographically protected against malicious modifications. While promising for a wide range of applications, current blockchain platforms rely on digital signatures, which are vulnerable to…

Recently, a number of existing blockchain systems have witnessed major bugs and vulnerabilities within smart contracts. Although the literature features a number of proposals for securing smart contracts, these proposals mostly focus on…

Cryptography and Security · Computer Science 2018-12-17 Michael Rodler , Wenting Li , Ghassan O. Karame , Lucas Davi

Bitcoin, the first peer-to-peer electronic cash system, opened the door to permissionless, private, and trustless transactions. Attempts to repurpose Bitcoin's underlying blockchain technology have run up against fundamental limitations to…

Cryptography and Security · Computer Science 2017-02-01 Johnny Dilley , Andrew Poelstra , Jonathan Wilkins , Marta Piekarska , Ben Gorlick , Mark Friedenbach

The blockchain technology is believed by many to be a game changer in many application domains, especially financial applications. While the first generation of blockchain technology (i.e., Blockchain 1.0) is almost exclusively used for…

Cryptography and Security · Computer Science 2019-08-14 Huashan Chen , Marcus Pendleton , Laurent Njilla , Shouhuai Xu

Bitcoin uses blockchain technology to maintain transactions order and provides probabilistic guarantee to prevent double-spending, assuming that an attacker's computational power does not exceed %50 of the network power. In this paper, we…

Cryptography and Security · Computer Science 2024-11-19 Ghader Ebrahimpour , Mohammad Sayad Haghighi

The Philos Marketplace blockchain system is a proposed hierarchical blockchain architecture which allows a large number of individual blockchains to operate in parallel. These parallel chains achieve consensus among one another on a limited…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-03-10 Pam Russell , Philip Brown

The security of blockchain systems is fundamentally based on the decentralized consensus in which the majority of parties behave honestly, and the content verification process is essential to maintaining the robustness of blockchain…

Cryptography and Security · Computer Science 2025-08-21 Zishuo Zhao , Xi Chen , Yuan Zhou

Encrypted cloud storage services are steadily increasing in popularity, with many commercial solutions currently available. In such solutions, the cloud storage is trusted for data availability, but not for confidentiality. Additionally,…

Cryptography and Security · Computer Science 2020-10-28 Anders Dalskov , Daniele Lain , Enis Ulqinaku , Kari Kostiainen , Srdjan Capkun

The non-fungible tokens (NFTs) market has evolved over the past decade, with NFTs serving as unique digital identifiers on a blockchain that certify ownership and authenticity. However, their high value also attracts attackers who exploit…

Software Engineering · Computer Science 2025-02-27 Lei Xiao , Shuo Yang , Wen Chen , Zibin Zheng

Kintsugi is a protocol for key recovery, allowing a user to regain access to end-to-end encrypted data after they have lost their device, but still have their (potentially low-entropy) password. Existing E2EE key recovery methods, such as…

Cryptography and Security · Computer Science 2025-07-30 Emilie Ma , Martin Kleppmann

Recently, authenticating users with the help of their friends (i.e., trustee-based social authentication) has been shown to be a promising backup authentication mechanism. A user in this system is associated with a few trustees that were…

Cryptography and Security · Computer Science 2016-11-18 Neil Zhenqiang Gong , Di Wang