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Liquid staking has become the largest category of decentralized finance protocols in terms of total value locked. However, few studies exist on its implementation designs or underlying risks. The liquid staking protocols allow for earning…

Cryptography and Security · Computer Science 2024-01-30 Krzysztof Gogol , Benjamin Kraner , Malte Schlosser , Tao Yan , Claudio Tessone , Burkhard Stiller

Federated learning has been rapidly evolving and gaining popularity in recent years due to its privacy-preserving features, among other advantages. Nevertheless, the exchange of model updates and gradients in this architecture provides new…

Cryptography and Security · Computer Science 2024-03-20 Ehsan Hallaji , Roozbeh Razavi-Far , Mehrdad Saif , Boyu Wang , Qiang Yang

As decentralized finance (DeFi) evolves, distinguishing between user behaviors - liquidity provision versus active trading - has become vital for risk modeling and on-chain reputation. We propose a behavioral scoring framework for Uniswap…

General Finance · Quantitative Finance 2025-07-29 Dhanashekar Kandaswamy , Ashutosh Sahoo , Akshay SP , Gurukiran S , Parag Paul , Girish G N

Stablecoins are one of the most widely capitalized type of cryptocurrency. However, their risks vary significantly according to their design and are often poorly understood. We seek to provide a sound foundation for stablecoin theory, with…

General Economics · Economics 2020-10-30 Ariah Klages-Mundt , Dominik Harz , Lewis Gudgeon , Jun-You Liu , Andreea Minca

This article proposed a hybrid detrended deconvolution foreign exchange network construction method (DDFEN), which combined the detrended cross-correlation analysis coefficient (DCCC) and the network deconvolution method together. DDFEN is…

Statistical Finance · Quantitative Finance 2020-08-24 Pengfei Xi , Shiyang Lai , Xueying Wang , Weiqiang Huang

Blockchain technology promises to democratize finance and promote social equity through decentralization, but questions remain about whether current implementations advance or hinder these goals. Through a mixed-methods study combining…

Human-Computer Interaction · Computer Science 2025-05-13 Faisal Haque Bappy , EunJeong Cheon , Tariqul Islam

Blockchains rely on economic incentives to ensure secure and decentralised operation, making incentive compatibility a core design concern. However, protocols are rarely deployed in isolation. Applications interact with the underlying…

Computer Science and Game Theory · Computer Science 2026-04-08 Zeta Avarikioti , Georg Fuchsbauer , Pim Keer , Matteo Maffei , Fabian Regen

Asset custody is a core financial service in which the custodian holds in-safekeeping assets on behalf of the client. Although traditional custody service is typically endorsed by centralized authorities, decentralized custody scheme has…

Cryptography and Security · Computer Science 2021-07-14 Zhaohua Chen , Guang Yang

The recent proliferation of blockchain-based decentralized applications (DApp) has catalyzed transformative advancements in distributed systems, with extensive deployments observed across financial, entertainment, media, and cybersecurity…

Cryptography and Security · Computer Science 2026-02-10 Haoyang Sun , Yishun Wang , Xiaoqi Li

Decentralized Exchanges (DEXs) are now a significant component of the financial world where billions of dollars are traded daily. Differently from traditional markets, which are typically based on Limit Order Books, DEXs typically work as…

Trading and Market Microstructure · Quantitative Finance 2025-10-28 Daniele Maria Di Nosse , Federico Gatta , Fabrizio Lillo , Sebastian Jaimungal

Many networks can be usefully decomposed into a dense core plus an outlying, loosely-connected periphery. Here we propose an algorithm for performing such a decomposition on empirical network data using methods of statistical inference. Our…

Social and Information Networks · Computer Science 2015-06-22 Xiao Zhang , Travis Martin , M. E. J. Newman

Decentralized Exchanges (DEXs) are pivotal applications in the Decentralized Finance (DeFi) landscape, aiming to facilitate trustless cryptocurrency trading by relying on smart contracts and blockchain networks. The developments in the DEXs…

Computational Engineering, Finance, and Science · Computer Science 2024-11-05 Mohammad Ali Asef , Seyed Mojtaba Hosseini Bamakan

We argue that recent developments in proof-of-work consensus mechanisms can be used in accordance with advancements in formal verification techniques to build a distributed payment protocol that addresses important economic drawbacks from…

Cryptography and Security · Computer Science 2020-05-14 Assimakis Kattis , Fabian Trottner

The crypto ecosystem has evolved into a formidable channel for raising venture capital. Each new wave of capital inflows has been epitomized by a new type of investment vehicle, may it be ICOs, DAOs, or NFTs. Regrettably, none of these…

Computers and Society · Computer Science 2023-10-04 Šarūnas Barauskas , Roberto Ripamonti , Emanuele Ragnoli

Edge computing is a distributed computing paradigm that relies on computational resources of end devices in a network to bring benefits such as low bandwidth utilization, responsiveness, scalability and privacy preservation. Applications…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-04-23 Aleksandar Tošić , Jernej Vičič , Michael Mrissa

Edge computing draws a lot of recent research interests because of the performance improvement by offloading many workloads from the remote data center to nearby edge nodes. Nonetheless, one open challenge of this emerging paradigm lies in…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-05-19 Abdullah Al-Mamun , Dongfang Zhao

Federated learning (FL) enables collaborative training without pooling raw data, but standard FL relies on a central coordinator, which introduces a single point of failure and concentrates trust in the orchestration infrastructure.…

Machine Learning · Computer Science 2026-03-11 Edoardo Gabrielli , Anthony Di Pietro , Dario Fenoglio , Giovanni Pica , Gabriele Tolomei

Smart contracts in Decentralized Finance (DeFi) platforms are attractive targets for attacks as their vulnerabilities can lead to massive amounts of financial losses. Flash loan attacks, in particular, pose a major threat to DeFi protocols…

Cryptography and Security · Computer Science 2025-03-05 Abdulrahman Alhaidari , Balaji Palanisamy , Prashant Krishnamurthy

Decentralized architecture offers a robust and flexible structure for online platforms, since centralized moderation and computation can be easy to disrupt with targeted attacks. However, a platform offering a decentralized architecture…

Social and Information Networks · Computer Science 2025-11-14 Milo Z. Trujillo , Laurent Hébert-Dufresne , James Bagrow

With the increasing adoption of private blockchain platforms, consortia operating in various sectors such as trade, finance, logistics, etc., are becoming common. Despite having the benefits of a completely decentralized architecture which…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-11-15 Bishakh Chandra Ghosh , Tanay Bhartia , Sourav Kanti Addya , Sandip Chakraborty