Related papers: Low-latency, Scalable, DeFi with Zef
The practical Byzantine fault tolerant (PBFT) consensus mechanism is one of the most basic consensus algorithms (or protocols) in blockchain technologies, thus its performance evaluation is an interesting and challenging topic due to a…
With the goal of building a decentralized and fully parallel payment system, we address the Fractional Spending Problem using (k1, k2)-quorum systems - both introduced by Bazzi and Tucci-Piergiovanni (PODC 2024). Fractional spending enables…
The recent surge in federated data management applications has brought forth concerns about the security of underlying data and the consistency of replicas in the presence of malicious attacks. A prominent solution in this direction is to…
Bitcoin, the first peer-to-peer electronic cash system, opened the door to permissionless, private, and trustless transactions. Attempts to repurpose Bitcoin's underlying blockchain technology have run up against fundamental limitations to…
The practical Byzantine fault tolerant (PBFT) consensus protocol is one of the basic consensus protocols in the development of blockchain technology. At the same time, the PBFT consensus protocol forms a basis for some other important BFT…
Lending protocols are one of the main applications of Decentralized Finance (DeFi), enabling crypto-assets loan markets with a total value estimated in the tens of billions of dollars. Unlike traditional lending systems, these protocols…
It has recently been shown that, contrarily to a common belief, money transfer in the presence of faulty (Byzantine) processes does not require strong agreement such as consensus. This article goes one step further: namely, it first…
The rapid evolution of Internet of Things (IoT) environments has created an urgent need for secure and trustworthy distributed computing systems, particularly when dealing with heterogeneous devices and applications where centralized trust…
Byzantine Fault-Tolerant (BFT) protocols have been proposed to tolerate malicious behaviors in state machine replications. With classic BFT protocols, the total number of replicas is known and fixed a priori. The resilience of BFT…
Cryptocurrencies, based on and led by Bitcoin, have shown promise as infrastructure for pseudonymous online payments, cheap remittance, trustless digital asset exchange, and smart contracts. However, Bitcoin-derived blockchain protocols…
Distributed Software Defined Networking (SDN) controllers aim to solve the issue of single-point-of-failure and improve the scalability of the control plane. Byzantine and faulty controllers, however, may enforce incorrect configurations…
We consider the problem of supporting payment transactions in an asynchronous system in which up to $f$ validators are subject to Byzantine failures under the control of an adaptive adversary. It was shown that this problem can be solved…
Flash Loan, as an emerging service in the decentralized finance ecosystem, allows users to request a non-collateral loan. While providing convenience, it also enables attackers to launch malicious operations with a large amount of asset…
We explore the feasibility of deploying Bitcoin as the shared monetary standard between Earth and Mars, accounting for physical constraints of interplanetary communication. We introduce a novel primitive, Proof-of-Transit Timestamping…
Since the inception of permissionless blockchains with Bitcoin in 2008, it became apparent that their most well-suited use case is related to making the financial system and its advantages available to everyone seamlessly without depending…
A decentralized online quantum cash system, called qBitcoin, is given. We design the system which has great benefits of quantization in the following sense. Firstly, quantum teleportation technology is used for coin transaction, which…
Since the inception of Bitcoin, the distributed systems community has shown interest in the design of efficient blockchain systems. However, initial blockchain applications (like Bitcoin) attain very low throughput, which has promoted the…
The ability to perform repeated Byzantine agreement lies at the heart of important applications such as blockchain price oracles or replicated state machines. Any such protocol requires the following properties: (1) \textit{Byzantine…
This paper introduces MonadBFT, a novel Byzantine Fault Tolerant (BFT) consensus protocol that advances both performance and robustness. MonadBFT is implemented as the consensus protocol in the Monad blockchain. As a HotStuff-family…
Decentralized Finance (DeFi) services are moving traditional financial operations to the Internet of Value (IOV) by exploiting smart contracts, distributed ledgers, and clever heterogeneous transactions among different protocols. The…