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Blockchain applications that rely on the Proof-of-Work (PoW) have increasingly become energy inefficient with a staggering carbon footprint. In contrast, energy-efficient alternative consensus protocols such as Proof-of-Stake (PoS) may…

Cryptography and Security · Computer Science 2021-01-05 Muhammad Saad , Zhan Qin , Kui Ren , DaeHun Nyang , David Mohaisen

Proof of work cryptocurrencies began with the promise of a more egalitarian future with a decentralized monetary system with no powerful entities in charge. While this vision is far from realized, these cryptocurrencies are still touted to…

Cryptography and Security · Computer Science 2022-03-31 Sishan Long , Soumya Basu , Emin Gün Sirer

Bitcoin brings a new type of digital currency that does not rely on a central system to maintain transactions. By benefiting from the concept of decentralized ledger, users who do not know or trust each other can still conduct transactions…

Cryptography and Security · Computer Science 2019-09-17 Zhimin Gao , Lei Xu , Keshav Kasichainula , Lin Chen , Bogdan Carbunar , Weidong Shi

Federated learning (FL) enables multiple participants to collaboratively train machine learning models while ensuring their data remains private and secure. Blockchain technology further enhances FL by providing stronger security, a…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-03-18 Tianxing Fu , Jia Hu , Geyong Min , Zi Wang

The application of Bitcoin enables people to understand blockchain technology gradually. Bitcoin is a decentralized currency that does not rely on third-party credit institutions, and the core of Bitcoin's underlying technology is…

Cryptography and Security · Computer Science 2025-04-15 Yuhuan Yang , Shipeng Ye , Xiaoqi Li

Private blockchain networks are used by enterprises to manage decentralized processes without trusted mediators and without exposing their assets publicly on an open network like Ethereum. Yet external parties that cannot join such networks…

Cryptography and Security · Computer Science 2021-01-26 Dushyant Behl , Palanivel Kodeswaran , Venkatraman Ramakrishna , Sayandeep Sen , Dhinakaran Vinayagamurthy

Blockchain protocols differ in fundamental ways, including the mechanics of selecting users to produce blocks (e.g., proof-of-work vs. proof-of-stake) and the method to establish consensus (e.g., longest chain rules vs. Byzantine…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-02-05 Andrew Lewis-Pye , Tim Roughgarden

Protecting secrets is a key challenge in our contemporary information-based era. In common situations, however, revealing secrets appears unavoidable, for instance, when identifying oneself in a bank to retrieve money. In turn, this may…

Cryptography and Security · Computer Science 2022-02-17 Pouriya Alikhani , Nicolas Brunner , Claude Crépeau , Sébastien Designolle , Raphaël Houlmann , Weixu Shi , Nan Yang , Hugo Zbinden

Since the concern of privacy leakage extremely discourages user participation in sharing data, federated learning has gradually become a promising technique for both academia and industry for achieving collaborative learning without leaking…

Cryptography and Security · Computer Science 2023-04-25 Zhibo Xing , Zijian Zhang , Meng Li , Jiamou Liu , Liehuang Zhu , Giovanni Russello , Muhammad Rizwan Asghar

While centralized servers pose a risk of being a single point of failure, decentralized approaches like blockchain offer a compelling solution by implementing a consensus mechanism among multiple entities. Merging distributed computing with…

Cryptography and Security · Computer Science 2024-03-29 Ji Liu , Chunlu Chen , Yu Li , Lin Sun , Yulun Song , Jingbo Zhou , Bo Jing , Dejing Dou

Redactable Signature Schemes and Zero-Knowledge Proofs are two radically different approaches to enable privacy. This paper analyses their merits and drawbacks when applied to decentralized identity system. Redactable Signatures, though…

Cryptography and Security · Computer Science 2023-10-25 Bryan Kumara , Mark Hooper , Carsten Maple , Timothy Hobson , Jon Crowcroft

Blockchain eliminates the need for trusted third-party intermediaries in business by enabling decentralised architecture design in software applications. However, the vulnerabilities in on-chain autonomous decision-makings and cumbersome…

Software Engineering · Computer Science 2022-06-03 Yue Liu , Qinghua Lu , Guangsheng Yu , Hye-Young Paik , Liming Zhu

This paper introduces the zk-IoT framework, a novel approach to enhancing the security of Internet of Things (IoT) ecosystems through the use of Zero-Knowledge Proofs (ZKPs) on blockchain platforms. Our framework ensures the integrity of…

Cryptography and Security · Computer Science 2024-02-20 Gholamreza Ramezan , Ehsan Meamari

Blockchain technology has been envisaged to commence an era of decentralised applications and services (DApps) without the need for a trusted intermediary. Such DApps open a marketplace in which services are delivered to end-users by…

Cryptography and Security · Computer Science 2021-01-27 Nguyen Truong , Gyu Myoung Lee , Kai Sun , Florian Guitton , Yike Guo

Federated machine learning (FL) allows to collectively train models on sensitive data as only the clients' models and not their training data need to be shared. However, despite the attention that research on FL has drawn, the concept still…

Cryptography and Security · Computer Science 2021-11-12 Timon Rückel , Johannes Sedlmeir , Peter Hofmann

There are different kinds of blockchains, which have been applied in various areas. Blockchains are relatively independent systems that are apt to form isolated data islands. Then cross-chain interaction is proposed to connect different…

Cryptography and Security · Computer Science 2021-06-11 Hong Su

DeFi, or Decentralized Finance, is based on a distributed ledger called blockchain technology. Using blockchain, DeFi may customize the execution of predetermined operations between parties. The DeFi system use blockchain technology to…

Cryptography and Security · Computer Science 2023-04-27 Wenkai Li , Jiuyang Bu , Xiaoqi Li , Hongli Peng , Yuanzheng Niu , Yuqing Zhang

Decentralization is a fundamental design element of the Web3 economy. Blockchains and distributed consensus mechanisms are touted as fault-tolerant, attack-resistant, and collusion-proof because they are decentralized. Recent analyses,…

Networking and Internet Architecture · Computer Science 2026-04-15 Harang Ju , Madhav Kumar , Ehsan Valavi , Sinan Aral

Does the proof-of-work protocol serve its intended purpose of supporting decentralized cryptocurrency mining? To address this question, we develop a game-theoretical model where miners first invest in hardware to improve the efficiency of…

Trading and Market Microstructure · Quantitative Finance 2021-06-21 Agostino Capponi , Sveinn Olafsson , Humoud Alsabah

This research investigates the potential use of a blockchain-based Public Key Infrastructure (PKI) within an organization and compares it to conventional PKI systems. The goal is to assess the advantages and disadvantages of both approaches…

Cryptography and Security · Computer Science 2024-07-08 Julian Springer , Philipp Haindl