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Decentralized finance revolutionizes traditional financial systems by leveraging blockchain technology to reduce trust. However, some vulnerabilities persist, notably front-running by malicious actors who exploit transaction information to…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-03-18 Christian Cachin , Jovana Micic

Distributed ledger systems, such as blockchains, rely on consensus protocols that commit ordered messages for processing. In practice, message ordering within these systems is often reward-driven. This raises concerns about fairness,…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-06-09 Zhuolun Li , Evangelos Pournaras

Traditional blockchain design gives miners or validators full control over transaction ordering, i.e., they can freely choose which transactions to include or exclude, as well as in which order. While not an issue initially, the emergence…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-12-19 Andrei Constantinescu , Diana Ghinea , Lioba Heimbach , Zilin Wang , Roger Wattenhofer

The rise of cryptocurrencies like Bitcoin and Ethereum has driven interest in blockchain database technology, with smart contracts enabling the growth of decentralized finance (DeFi). However, research has shown that adversaries exploit…

Databases · Computer Science 2026-01-30 Dakai Kang , Junchao Chen , Tien Tuan Anh Dinh , Mohammad Sadoghi

In blockchain systems, fair transaction ordering is crucial for a trusted and regulation-compliant economic ecosystem. Unlike traditional State Machine Replication (SMR) systems, which focus solely on liveness and safety, blockchain systems…

Cryptography and Security · Computer Science 2025-01-13 Shir Cohen , Neel Basu , Soumya Basu , Lorenzo Alvisi

The advent of decentralized trading markets introduces a number of new challenges for consensus protocols. In addition to the `usual' attacks -- a subset of the validators trying to prevent disagreement -- there is now the possibility of…

Cryptography and Security · Computer Science 2020-07-17 Klaus Kursawe

Many blockchain platform are subject to maximal value extraction (MEV), and users on the platform are losing money while sending transactions because the transaction order can be manipulated to extract value from them. Consensus protocols…

Cryptography and Security · Computer Science 2024-01-05 Bowen Xue , Sreeram Kannan

Motivated by the great success and adoption of Bitcoin, a number of cryptocurrencies such as Litecoin, Dogecoin, and Ethereum are becoming increasingly popular. Although existing blockchain-based cryptocurrency schemes can ensure reasonable…

Cryptography and Security · Computer Science 2016-12-02 Jian Liu , Wenting Li , Ghassan O. Karame , N. Asokan

The problem of total-order (uniform reliable) broadcast is fundamental in fault-tolerant distributed computing since it abstracts a broad set of problems requiring processes to uniformly deliver messages in the same order in which they were…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-09-30 Oskar Lundström , Michel Raynal , Elad Michael Schiller

Agreement plays a central role in distributed systems working on a common task. The increasing size of modern distributed systems makes them more susceptible to single component failures. Fault-tolerant distributed agreement protocols rely…

Distributed, Parallel, and Cluster Computing · Computer Science 2017-08-17 Marius Poke , Colin W. Glass

Blockchain-based Distributed Ledgers (DLs) promise to transform the existing financial system by making it truly democratic. In the past decade, blockchain technology has seen many novel applications ranging from the banking industry to…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-02-22 Anurag Jain , Shoeb Siddiqui , Sujit Gujar

Byzantine Fault-Tolerant (BFT) consensus protocols ensure agreement on transaction ordering despite malicious actors, but unconstrained ordering power enables sophisticated value extraction attacks like front running and sandwich attacks -…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-10-17 Pengkun Ren , Hai Dong , Nasrin Sohrabi , Zahir Tari , Pengcheng Zhang

Peer-to-peer (p2p) content delivery is promising to provide benefits like cost-saving and scalable peak-demand handling in comparison with conventional content delivery networks (CDNs) and complement the decentralized storage networks such…

Cryptography and Security · Computer Science 2021-09-28 Songlin He , Yuan Lu , Qiang Tang , Guiling Wang , Chase Qishi Wu

Modern distributed data management systems face a new challenge: how can autonomous, mutually-distrusting parties cooperate safely and effectively? Addressing this challenge brings up questions familiar from classical distributed systems:…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-10-16 Maurice Herlihy , Barbara Liskov , Liuba Shrira

The spectacular success of Bitcoin and Blockchain Technology in recent years has provided enough evidence that a widespread adoption of a common cryptocurrency system is not merely a distant vision, but a scenario that might come true in…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-08-30 Adam Gągol , Damian Leśniak , Damian Straszak , Michał Świętek

An urgent demand of deploying BFT consensus over the Internet is raised for implementing blockchain services. The deterministic (partial) synchronous protocols can be simple and fast in good network conditions, but are subject to…

Cryptography and Security · Computer Science 2022-09-02 Yuan Lu , Zhenliang Lu , Qiang Tang

Peer-to-Peer (P2P) content delivery, known for scalability and resilience, offers a decentralized alternative to traditional centralized Content Delivery Networks (CDNs). A significant challenge in P2P content delivery remains: the fair…

Cryptography and Security · Computer Science 2024-05-07 Jingyu Liu , Yingjie Xue , Zifan Peng , Chao Lin , Xinyi Huang

Censorship resistance with short-term inclusion guarantees is an important feature of decentralized systems, missing from many state-of-the-art and even deployed consensus protocols. In leader-based protocols the leader arbitrarily selects…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-08-19 Orestis Alpos , Bernardo David , Nikolas Kamarinakis , Dionysis Zindros

With the rapid growth of hyperconnected devices and decentralized data architectures, safeguarding Internet of Things (IoT) transactions is becoming increasingly challenging. Blockchain presents a promising solution, yet its effectiveness…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-11-14 Sokratis Vavilis , Harris Niavis , Konstantinos Loupos

Smart contracts, the stateful programs running on blockchains, often rely on reports. Publishers are paid to publish these reports on the blockchain. Designing protocols that incentivize timely reporting is the prevalent reporting problem.…

Cryptography and Security · Computer Science 2026-05-25 Hongyin Chen , Yubin Ke , Xiaotie Deng , Ittay Eyal
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