Related papers: Understanding the Decentralization of DPoS: Perspe…
Technology has positive impacts on many aspects of our social life. Designing a 24hour globally connected architecture enables ease of access to a variety of resources and services. Furthermore, technology like Internet has been a fertile…
Decentralization is widely recognized as a crucial characteristic of blockchains that enables them to resist malicious attacks such as the 51% attack and the takeover attack. Prior research has primarily examined decentralization in…
Blockchain technology enables secure, transparent data management in decentralized systems, supporting applications from cryptocurrencies like Bitcoin to tokenizing real-world assets like property. Its scalability and sustainability hinge…
The Internet of Things (IoT) is experiencing explosive growth and has gained extensive attention from academia and industry in recent years. Most of the existing IoT infrastructures are centralized, in which the presence of a cloud server…
Blockchains revolutionized centralized sectors like banking and finance by promoting decentralization and transparency. In a blockchain, information is transmitted through transactions issued by participants or applications. Miners…
The dominance of a few big companies in the storage market arising various concerns including single point of failure, privacy violation, and oligopoly. To eliminate the dependency on such a centralized storage architecture, several…
Decentralized Autonomous Organization (DAO) becomes a popular governance solution for decentralized applications (dApps) to achieve decentralized governance. In the DAO, no single entity can arbitrarily control the dApps without approval…
We study decentralized cryptocurrency protocols in which the participants do not deplete physical scarce resources. Such protocols commonly rely on Proof of Stake, i.e., on mechanisms that extend voting power to the stakeholders of the…
Decentralisation is one of the promises introduced by blockchain technologies: fair and secure interaction amongst peers with no dominant positions, single points of failure or censorship. Decentralisation, however, appears difficult to be…
A decentralised organisation (DO) is a multi-stakeholder institution where decision making is assigned to various levels of the organisation. Decentralised stakeholders play an important role in the governance of a decentralised…
Blockchain has made an impact on today's technology by revolutionizing the financial industry in its utilization on cryptocurrency and the features it provided on decentralization. With the current trend of pursuing the decentralized…
EOSIO, as one of the most representative blockchain 3.0 platforms, involves lots of new features, e.g., delegated proof of stake consensus algorithm and updatable smart contracts, enabling a much higher transaction per second and the…
We propose DAO-enabled decentralized physical AI (DePAI), a democratic architecture for coordinating humans and autonomous machines in the operation and governance of physical-digital systems. We (1) synthesize foundations in blockchains,…
In September 2022, Ethereum transitioned from Proof-of-Work (PoW) to Proof-of-Stake (PoS) during "the merge" - making it the largest PoS cryptocurrency in terms of market capitalization. With this work, we present a comprehensive…
Blockchain-based systems are frequently governed through tokens that grant their holders voting rights over core protocol functions and funds. The centralisation occurring in Decentralised Finance (DeFi) protocols' token-based voting…
Proof-of-stake (PoS) has emerged as a natural alternative to the resource-intensive Proof-of-Work (PoW) blockchain, as was recently seen with the Ethereum Merge. PoS-based blockchains require an initial stake distribution among the…
Blockchain introduces decentralized trust in peer-to-peer networks, advancing security and democratizing systems. Yet, a unified definition for decentralization remains elusive. Our Systematization of Knowledge (SoK) seeks to bridge this…
Traditional facility management often relies on centralized decision-making structures that limit stakeholder participation, leading to misalignment with occupant needs and reduced satisfaction. This paper proposes a novel blockchain- and…
Proof-of-Stake (PoS) is a prominent Sybil control mechanism for blockchain-based systems. In "e-PoS: Making PoS Decentralized and Fair," Saad et al. (TPDS'21) introduced a new Proof-of-Stake protocol, e-PoS, to enhance PoS applications'…
This paper centers around a simple yet crucial question for everyday users: How should one choose their delegated validators within proof-of-stake (PoS) protocols, particularly in the context of Ethereum 2.0? This has been a long-overlooked…