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Related papers: A Limitlessly Scalable Transaction System

200 papers

Bitcoin rise has put blockchain technology into the mainstream, amplifying its potential and broad utility. While Bitcoin has become incredibly famous, its transaction rate has not match such a corresponding increase. It still takes…

Cryptography and Security · Computer Science 2024-06-21 Han Song , Zhongche Qu , Yihao Wei

With the growing commercial interest in blockchain, permissioned implementations have received increasing attention. Unfortunately, existing BFT consensus protocols that are the backbone of permissioned blockchains, either scale poorly or…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-03-24 Ray Neiheiser , Miguel Matos , Luís Rodrigues

Mobile edge computing (MEC) and next-generation mobile networks are set to disrupt the way intelligent and autonomous systems are interconnected. This will have an effect on a wide range of domains, from the Internet of Things to autonomous…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-06-16 Jorge Peña Queralta , Tomi Westerlund

Blockchain and distributed ledger technologies are gaining the interest of the academy, companies, and institutions. Nonetheless, the path toward blockchain adoption is not straightforward, as blockchain is a complex technology that…

Cryptography and Security · Computer Science 2022-10-27 Vittorio Capocasale , Guido Perboli

This thesis introduces a formal general framework for scaling blockchain protocols by sharding. The framework is modular and it can be adjusted for different needs or sets of assumptions. We prove that sharded protocols obtained by…

Cryptography and Security · Computer Science 2019-09-04 Zuphit Fidelman

As transaction fees skyrocket today, blockchains become increasingly expensive, hurting their adoption in broader applications. This work tackles the saving of transaction fees for economic blockchain applications. The key insight is that…

Cryptography and Security · Computer Science 2022-10-11 Yibo Wang , Yuzhe Tang

While the original purpose of blockchains was to realize a payment system, it has been shown that, in fact, such systems do not require consensus and can be implemented deterministically in asynchronous networks. State-of-the-art payment…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-05-12 Andrew Lewis-Pye , Oded Naor , Ehud Shapiro

Blockchains have become immensely popular and are high on the list of national and international research and innovation agenda's. This is partly caused by the numerous interesting applications, combined with the promise of full…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-03-03 Maarten van Steen , Andrew Chien , Patrick Eugster

The food supply chain has a number of challenges, including a lack of transparency and disengagement among stakeholders. By providing a transparent and traceable digital ledger of transactions and movements for all supply chain actors,…

Cryptography and Security · Computer Science 2023-05-23 Narayan Subramanian , Atharva Joshi , Daksh Bagga

With the advancement of blockchain systems, many recent research works have proposed distributed ledger technology~(DLT) that employs Byzantine fault-tolerant~(BFT) consensus protocols to decide which block to append next to the ledger.…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-03-21 Christian Berger , Signe Schwarz-Rüsch , Arne Vogel , Kai Bleeke , Leander Jehl , Hans P. Reiser , Rüdiger Kapitza

Throughput limitations of existing blockchain architectures are one of the most significant hurdles for their wide-spread adoption. Attempts to address this challenge include layer-2 solutions, such as Bitcoin's Lightning or Ethereum's…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-09-13 Alexander Hentschel , Dieter Shirley , Layne Lafrance

Decentralized payment systems such as Bitcoin have become massively popular in the last few years, yet there is still much to be done in understanding their formal properties. The vast majority of decentralized payment systems work by…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-06-22 Thomas Orton

Bitcoin has become the leading cryptocurrency system, but the limit on its transaction processing capacity has resulted in increased transaction fees and delayed transaction confirmation. As such, it is pertinent to understand and probably…

Cryptography and Security · Computer Science 2021-06-21 Befekadu G. Gebraselase , Bjarne E. Helvik , Yuming Jiang

Permissionless blockchains offer many advantages but also have significant limitations including high latency. This prevents their use in important scenarios such as retail payments, where merchants should approve payments fast. Prior works…

Cryptography and Security · Computer Science 2020-01-07 Vasilios Mavroudis , Karl Wüst , Aritra Dhar , Kari Kostiainen , Srdjan Capkun

We propose a bitcoin generalization as a solution to the problem of scalability. The block is redefined as a sequence of sub-blocks of increasing sizes that coexist as different levels of compromise between decentralization and transactions…

Cryptography and Security · Computer Science 2018-05-15 Santi J. Vives

Railway operations require control systems to ensure safety and efficiency, and to coordinate infrastructure elements such as switches, signals and train protection. To compete with the traditional approaches to these systems, a…

Cryptography and Security · Computer Science 2021-03-16 Michael Kuperberg

Transaction throughput, confirmation latency and confirmation reliability are fundamental performance measures of any blockchain system in addition to its security. In a decentralized setting, these measures are limited by two underlying…

Cryptography and Security · Computer Science 2019-10-03 Vivek Bagaria , Sreeram Kannan , David Tse , Giulia Fanti , Pramod Viswanath

Many studies have been done to improve the performance of centrally controlled business processes and enhance the integration between different parties of these collaborations. However, the most serious issues of collaborative business…

Cryptography and Security · Computer Science 2019-04-12 Vahid Pourheidari , Sara Rouhani , Ralph deters

There exist many forms of Blockchain finality conditions, from deterministic to probabilistic terminations. To favor availability against consistency in the face of partitions, most blockchains only offer probabilistic eventual finality:…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-12-21 Emmanuelle Anceaume , Antonella Pozzo , Thibault Rieutord , Sara Tucci-Piergiovanni

Most modern asset transfer systems use consensus to maintain a totally ordered chain of transactions. It was recently shown that consensus is not always necessary for implementing asset transfer. More efficient, asynchronous solutions can…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-08-09 Petr Kuznetsov , Yvonne-Anne Pignolet , Pavel Ponomarev , Andrei Tonkikh