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Bitcoins have recently become an increasingly popular cryptocurrency through which users trade electronically and more anonymously than via traditional electronic transfers. Bitcoin's design keeps all transactions in a public ledger. The…

Cryptography and Security · Computer Science 2015-02-06 Michael Fleder , Michael S. Kester , Sudeep Pillai

We study the fundamental differences that separate: Litecoin; Bitcoin Gold; Bitcoin Cash; Ethereum; and Zcash from Bitcoin, and draw analysis to how these features are appreciated by the market, to ultimately make an inference as to how…

General Finance · Quantitative Finance 2021-01-12 Andrew Spurr , Marcel Ausloos

Blockchain technology has become a trusted method for establishing secure and transparent transactions through a distributed, encrypted network. The operation of blockchain is governed by consensus algorithms, among which Proof of Stake…

Cryptography and Security · Computer Science 2024-06-03 Bruno Ramos-Cruz , Javier Andreu-Pérez , Francisco J. Quesada , Luis Martínez

The internet of things (IoT) and other emerging ubiquitous technologies are supporting the rapid spread of smart systems, which has underlined the need for safe, open, and decentralized data storage solutions. With its inherent…

Networking and Internet Architecture · Computer Science 2024-08-13 Naseem Alsadi , Syed Zaidi , Mankaran Rooprai , Stephen A. Gadsden , John Yawney

The advent of Blockchain and Distributed Ledger Technologies enable IoT and smart city application developers to conceive new types of applications and solutions for identity management, trust, and data monetization. However, architecting…

Software Engineering · Computer Science 2019-05-28 Gowri Sankar Ramachandran , Bhaskar Krishnamachari

Bitcoin's success has led to significant interest in its underlying components, particularly Blockchain technology. Over 10 years after Bitcoin's initial release, the community still suffers from a lack of clarity regarding what properties…

Cryptography and Security · Computer Science 2019-09-30 Scott Ruoti , Ben Kaiser , Arkady Yerukhimovich , Jeremy Clark , Robert Cunningham

Blockchains are gaining momentum due to the interest of industries and people in \emph{decentralized applications} (Dapps), particularly in those for trading assets through digital certificates secured on blockchain, called tokens. As a…

Cryptography and Security · Computer Science 2024-02-22 Giampaolo Bella , Domenico Cantone , Cristiano Longo , Marianna Nicolosi-Asmundo , Daniele Francesco Santamaria

Identity management systems (IDMSs) are widely used to provision user identities while managing authentication, authorization, and data sharing within organizations and on the web. Traditional identity systems typically suffer from single…

Cryptography and Security · Computer Science 2020-01-16 Loic Lesavre , Priam Varin , Peter Mell , Michael Davidson , James Shook

Tezos is an innovative blockchain that improves on several aspects compared to more established blockchains. It offers an original proof-of-stake consensus algorithm and can be used as a decentralized smart contract platform. It has the…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-09-19 Victor Allombert , Mathias Bourgoin , Julien Tesson

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

In a previous paper, it was discussed whether Bitcoin and/or its blockchain could be considered a complex system and, if so, whether a chaotic one, a positive response raising concerns about the likelihood of Bitcoin/blockchain entering a…

Cryptography and Security · Computer Science 2019-11-12 Renato P. dos Santos , Melanie Swan

Centralized monetary policy, leading to persistent inflation, is often inconsistent, untrustworthy, and unpredictable. Algorithmic stablecoins enabled by blockchain technology are promising in solving this problem. Algorithmic stablecoins…

General Economics · Economics 2022-01-17 Luyao Zhang , Yulin Liu

Blockchains are being positioned as the "technology of trust" that can be used to mediate transactions between non-trusting parties without the need for a central authority. They support transaction types that are native to the blockchain…

Cryptography and Security · Computer Science 2024-11-06 Nodirbek Korchiev , Akash Pateria , Vodelina Samatova , Sogolsadat Mansouri , Kemafor Anyanwu

The blockchain constitutes a technology-based, rather than social or regulation based, means to lower uncertainty about one another in order to exchange value. However, its use may very well also lead to increased complexity resulting from…

Computers and Society · Computer Science 2018-01-09 Henry Kim , Marek Laskowski

Blockchain has been widely deployed in various sectors, such as finance, education, and public services. Since blockchain runs as an immutable distributed ledger, it has decentralized mechanisms with persistency, anonymity, and…

Cryptography and Security · Computer Science 2021-11-30 Qian Wei , Bingzhe Li , Wanli Chang , Zhiping Jia , Zhaoyan Shen , Zili Shao

In a circular economy, tracking the flow of second-life components for quality control is critical. Tokenization can enhance the transparency of the flow of second-life components. However, simple tokenization does not correspond to real…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-05-24 Mojtaba Eshghie , Li Quan , Gustav Andersson Kasche , Filip Jacobson , Cosimo Bassi , Cyrille Artho

Designing automated market makers (AMMs) is crucial for decentralized token exchanges in cryptoeconomic systems. At the intersection of software engineering and economics, AMM design is complex and, if done incorrectly, can lead to…

Trading and Market Microstructure · Quantitative Finance 2025-03-24 Daniel Kirste , Niclas Kannengießer , Ricky Lamberty , Ali Sunyaev

Blockchain technology introduces asset types and custody mechanisms that fundamentally break traditional financial auditing paradigms. This paper presents an autoethnographic analysis of cryptoasset auditing challenges, build on top of…

Cryptography and Security · Computer Science 2026-03-30 Shayan Eskandari , Leid Zejnilovic , Jeremy Clark

Non-fungible tokens (NFTs) as a decentralized proof of ownership represent one of the main reasons why Ethereum is a disruptive technology. This paper presents the first systematic study of the interactions occurring in a number of NFT…

Social and Information Networks · Computer Science 2021-10-26 S. Casale-Brunet , P. Ribeca , P. Doyle , M. Mattavelli

Research in the field of blockchain technology and applications is increasing at a fast pace. Although the Bitcoin whitepaper by Nakamoto is already ten years old, the field can still be seen as immature and at an early stage. Current…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-07-23 Christopher Ehmke , Florian Blum , Volker Gruhn
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