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This paper discusses congestion control and inconsistency problems in DAG-based distributed ledgers and proposes an additional filter to mitigate these issues. Unlike traditional blockchains, DAG-based DLTs use a directed acyclic graph…

Cryptography and Security · Computer Science 2023-05-11 Lianna Zhao , Andrew Cullen , Sebastian Müller , Olivia Saa , Robert Shorten

Directed Acyclic Graph (DAG) based Distributed Ledgers can be useful in a number of applications in the IoT domain. A distributed ledger should serve as an immutable and irreversible record of transactions, however, a DAG structure is a…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-11-11 Andrew Cullen , Pietro Ferraro , Christopher King , Robert Shorten

Order fairness in distributed ledgers refers to properties that relate the order in which transactions are sent or received to the order in which they are eventually finalized, i.e., totally ordered. The study of such properties is…

Cryptography and Security · Computer Science 2025-03-18 Erwan Mahe , Sara Tucci-Piergiovanni

In this paper we present a feedback approach to the design of an attack mitigation policy for DAG-based Distributed Ledgers. We develop a model to analyse the behaviour of the ledger under the so called Tips Inflation Attack and we design a…

Systems and Control · Electrical Eng. & Systems 2022-04-26 Pietro Ferraro , Andreas Penzkofer , Christopher King , Robert Shorten

Distributed Ledger Technologies provide a mechanism to achieve ordering among transactions that are scattered on multiple participants with no prerequisite trust relations. This mechanism is essentially based on the idea of new transactions…

Probability · Mathematics 2021-10-01 Christian Mönch , Amr Rizk

The robust construction of the ledger data structure is an essential ingredient for the safe operation of a distributed ledger. While in traditional linear blockchain systems, permission to append to the structure is leader-based, in…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-05-03 Darcy Camargo , Andreas Penzkofer , Sebastian Müller , William Sanders

In the Internet of Things (IoT) domain, devices need a platform to transact seamlessly without a trusted intermediary. Although Distributed Ledger Technologies (DLTs) could provide such a platform, blockchains, such as Bitcoin, were not…

Networking and Internet Architecture · Computer Science 2021-07-15 Andrew Cullen , Pietro Ferraro , William Sanders , Luigi Vigneri , Robert Shorten

Distributed implementations of access control abound in distributed storage protocols. While such implementations are often accompanied by informal justifications of their correctness, our formal analysis reveals that their correctness can…

Cryptography and Security · Computer Science 2008-06-02 Avik Chaudhuri

This paper investigates the issue of fairness in Distributed Ledger Technology (DLT), specifically focusing on the shortcomings observed in current blockchain systems due to Miner Extractable Value (MEV) phenomena and systemic…

Cryptography and Security · Computer Science 2025-04-22 Mayank Raikwar , Nikita Polyanskii , Sebastian Müller

A significant portion of research on distributed ledgers has focused on circumventing the limitations of leader-based blockchains mainly in terms of scalability, decentralization and power consumption. Leaderless architectures based on…

Networking and Internet Architecture · Computer Science 2023-07-18 Darcy Camargo , Luigi Vigneri , Andrew Cullen

Direct Acyclic Graph (DAG)-based ledger and the corresponding consensus algorithm has been identified as a promising technology for Internet of Things (IoT). Compared with Proof-of-Work (PoW) and Proof-of-Stake (PoS) that have been widely…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-05-19 Yixin Li , Bin Cao , Mugen Peng , Long Zhang , Lei Zhang , Daquan Feng , Jihong Yu

Directed Acyclic Graph (DAG)-based Distributed Ledger Technologies (DLTs) have emerged as a promising solution to the scalability issues inherent in traditional blockchains. However, amidst the focus on scalability, the crucial aspect of…

Cryptography and Security · Computer Science 2025-04-22 Mayank Raikwar

An outstanding problem in the design of distributed ledgers concerns policies that govern the manner in which users interact with the network. Network usability is crucial to the mainstream adoption of distributed ledgers, particularly for…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-07-17 Andrew Cullen , Lianna Zhao , Luigi Vigneri , Robert Shorten

This paper introduces a novel architecture for a distributed ledger, commonly referred to as a "blockchain", which is organized in the form of directed acyclic graph (DAG) with UTXO transactions as vertices, rather than as a chain of…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-10-14 Evaldas Drasutis

This paper describes how Distributed Ledger Technologies can be used to design a class of cyber-physical systems, as well as to enforce social contracts and to orchestrate the behaviour of agents trying to access a shared resource. The…

Systems and Control · Computer Science 2019-11-12 Pietro Ferraro , Christopher King , Robert Shorten

Blockchain and other decentralized databases, known as distributed ledgers, are designed to store information online where all trusted network members can update the data with transparency. The dynamics of ledger's development can be…

Probability · Mathematics 2025-08-28 Jiewei Feng , Christopher King , Ken R. Duffy

In the past decade, blockchain has emerged as a promising solution for building secure distributed ledgers and has attracted significant attention. However, current blockchain systems suffer from limited throughput, poor scalability, and…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-08-07 Tayyaba Noreen , Qiufen Xia , Muhammad Zeeshan Haider

With the ever growing Internet of Things (IoT) market, ledger systems are facing new challenges to efficiently store and secure enormous customer records collected by the IoT devices. The authenticity, availability, and integrity of these…

Cryptography and Security · Computer Science 2019-07-26 Zhiyi Zhang , Vishrant Vasavada , Xinyu Ma , Lixia Zhang

Directed Acyclic Graph (DAG) is a popular approach to achieve scalability of blockchain networks. Due to its high efficiency in data communication and great scalability, DAG has been widely adopted in many applications such as Internet of…

Networking and Internet Architecture · Computer Science 2022-07-12 Canhui Chen , Xu Chen , Zhixuan Fang

Bitcoin is a decentralised digital currency that serves as an alternative to existing transaction systems based on an external central authority for security. Although Bitcoin has many desirable properties, one of its fundamental…

Cryptography and Security · Computer Science 2019-10-07 Georgios Birmpas , Elias Koutsoupias , Philip Lazos , Francisco J. Marmolejo-Cossío
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