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Blockchain is a distributed database that keeps a chronologically-growing list (chain) of records (blocks) secure from tampering and revision. While computerisation has changed the nature of a ledger from clay tables in the old days to…

General Finance · Quantitative Finance 2016-12-20 Jan Hendrik Witte

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

Modern blockchain systems are a fresh look at the paradigm of distributed computing, applied under assumptions of large-scale public networks. They can be used to store and share information without a trusted central party. There has been…

Databases · Computer Science 2018-03-19 Sara Cohen , Aviv Zohar

Annotating blockchains with auxiliary data is useful for many applications. For example, e-crime investigations of illegal Tor hidden services, such as Silk Road, often involve linking Bitcoin addresses, from which money is sent or…

Cryptography and Security · Computer Science 2023-09-26 Yazan Boshmaf , Husam Al Jawaheri , Mashael Al Sabah

Blockchain offers a decentralized, immutable, transparent system of records. It offers a peer-to-peer network of nodes with no centralised governing entity making it unhackable and therefore, more secure than the traditional paper-based or…

Cryptography and Security · Computer Science 2019-11-27 Harsh Jot Singh , Abdelhakim Senhaji Hafid

A blockchain is an append-only linked-list of blocks, which is maintained at each participating node. Each block records a set of transactions and their associated metadata. Blockchain transactions act on the identical ledger data stored at…

Databases · Computer Science 2021-08-05 Suyash Gupta , Mohammad Sadoghi

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

Blockchain is a technology that is often used to share data and assets. However, in the decentralized ecosystem, blockchain-based systems can be utilized to share information and assets without the traditional barriers associated with solo…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-04-23 Viktor Valaštín , Roman Bitarovský , Kristián Košťál , Ivan Kotuliak

Existing blockchain systems scale poorly because of their distributed consensus protocols. Current attempts at improving blockchain scalability are limited to cryptocurrency. Scaling blockchain systems under general workloads (i.e.,…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-03-13 Hung Dang , Tien Tuan Anh Dinh , Dumitrel Loghin , Ee-Chien Chang , Qian Lin , Beng Chin Ooi

In tracing the (robotically automated) logistics of large quantities of goods, inexpensive passive RFID tags are preferred for cost reasons. Accordingly, security between such tags and readers have primarily been studied among many issues…

Cryptography and Security · Computer Science 2020-11-12 Hiroshi Watanabe , Kenji Saito , Satoshi Miyazaki , Toshiharu Okada , Hiroyuki Fukuyama , Tsuneo Kato , Katsuo Taniguchi

Sharding is used to improve the scalability and performance of blockchain systems. We investigate the stability of blockchain sharding, where transactions are continuously generated by an adversarial model. The system consists of $n$…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-04-23 Ramesh Adhikari , Costas Busch , Dariusz R. Kowalski

Blockchain (BC) in the Internet of Things (IoT) is a novel technology that acts with decentralized, distributed, public and real-time ledger to store transactions among IoT nodes. A blockchain is a series of blocks, each block is linked to…

Networking and Internet Architecture · Computer Science 2020-06-08 Tanweer Alam

We present TRAIL: an algorithm that uses a novel consensus procedure to tolerate failed or malicious shards within a blockchain-based cryptocurrency. Our algorithm takes a new approach of selecting validator shards for each transaction from…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-05-14 Mitch Jacovetty , Joseph Oglio , Mikhail Nesterenko , Gokarna Sharma

Sharding is a technique to speed up transaction processing in blockchains, where the $n$ processing nodes in the blockchain are divided into $s$ disjoint groups (shards) that can process transactions in parallel. We study dynamic scheduling…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-08-14 Ramesh Adhikari , Costas Busch , Miroslav Popovic

Bitcoin provides freshness properties by forming a blockchain where each block is associated with its timestamp and the previous block. Due to these properties, the Bitcoin protocol is being used as a decentralized, trusted, and secure…

Cryptography and Security · Computer Science 2018-05-21 Pawel Szalachowski

Sharding is the prevalent approach to breaking the trilemma of simultaneously achieving decentralization, security, and scalability in traditional blockchain systems, which are implemented as replicated state machines relying on atomic…

Cryptography and Security · Computer Science 2021-03-01 Yizhong Liu , Jianwei Liu , Marcos Antonio Vaz Salles , Zongyang Zhang , Tong Li , Bin Hu , Fritz Henglein , Rongxing Lu

As blockchains continue to seek to scale to a larger number of nodes, the communication complexity of protocols has become a significant priority as the network can quickly become overburdened. Several schemes have attempted to address…

Information Theory · Computer Science 2023-05-11 Ilan Tennenhouse , Netanel Raviv

With the recent rise of cryptocurrencies' popularity, the security and management of crypto-tokens have become critical. We have witnessed many attacks on users and providers, which have resulted in significant financial losses. To remedy…

Cryptography and Security · Computer Science 2023-12-04 Ivan Homoliak , Dominik Breitenbacher , Ondrej Hujnak , Pieter Hartel , Alexander Binder , Pawel Szalachowski

Plasma is a framework for scalable off-chain computation. We describe and evaluate Plasma Cash, an improved Plasma construction which leverages non-fungible tokens and Sparse Merkle Trees to reduce the data storage and bandwidth…

Cryptography and Security · Computer Science 2019-11-28 Georgios Konstantopoulos

While many researchers adopt a sharding approach to design scaling blockchains, few works have studied the transaction placement problem incurred by sharding protocols. The widely-used hashing placement algorithm renders an overwhelming…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-06-13 Liuyang Ren , Paul A. S. Ward