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Cryptocurrencies are poised to revolutionize the modern economy by democratizing commerce. These currencies operate on top of blockchain-based distributed ledgers. Existing permissionless blockchain-based protocols offer unparalleled…

Cryptography and Security · Computer Science 2022-03-25 Anurag Jain , Sanidhay Arora , Sankarshan Damle , Sujit Gujar

Increasing the transactional throughput of decentralized blockchains in a secure manner has been the holy grail of blockchain research for most of the past decade. This paper introduces a scheme for scaling blockchains while retaining…

Cryptography and Security · Computer Science 2020-07-27 John Adler , Mikerah Quintyne-Collins

Permisionless decentralized ledgers ("blockchains") such as the one underlying the cryptocurrency Bitcoin allow anonymous participants to maintain the ledger, while avoiding control or "censorship" by any single entity. In contrast,…

Distributed, Parallel, and Cluster Computing · Computer Science 2016-06-27 Maurice Herlihy , Mark Moir

Permissioned blockchains have been proposed for a variety of use cases that require decentralization yet address enterprise requirements that permissionless blockchains to date cannot satisfy -- particularly in terms of performance.…

Cryptography and Security · Computer Science 2024-04-05 Orestis Papageorgiou , Lasse Börtzler , Egor Ermolaev , Jyoti Kumari , Johannes Sedlmeir

The old mantra of decentralizing the Internet is coming again with fanfare, this time around the blockchain technology hype. We have already seen a technology supposed to change the nature of the Internet: peer-to-peer. The reality is that…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-05-01 Pedro Garcia Lopez , Alberto Montresor , Anwitaman Datta

Many existing blockchains do not adequately address all the characteristics of distributed system applications and suffer from serious architectural limitations resulting in performance and confidentiality issues. While recent permissioned…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-02-06 Mohammad Javad Amiri , Divyakant Agrawal , Amr El Abbadi

Although blockchain, the supporting technology of Bitcoin and various cryptocurrencies, has offered a potentially effective framework for numerous applications, it still suffers from the adverse affects of the impossibility triangle.…

Cryptography and Security · Computer Science 2020-11-03 Canran Wang , Netanel Raviv

Blockchain technology enables stakeholders to conduct trusted data sharing and exchange without a trusted centralized institution. These features make blockchain applications attractive to enhance trustworthiness in very different contexts.…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-07-18 Xiaohui Zhang , Mingying Xue , Xianghua Miao

Permissioned blockchains promise secure decentralized data management in business-to-business use-cases. In contrast to Bitcoin and similar public blockchains which rely on Proof-of-Work for consensus and are deployed on thousands of…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-02-11 Lucas Kuhring , Zsolt István , Alessandro Sorniotti , Marko Vukolić

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…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-11-20 Andrea Bracciali , Davide Grossi , Ronald de Haan

Blockchain is a novel technology that is rising a lot of interest in the industrial and re- search sectors because its properties of decentralisation, immutability and data integrity. Initially, the underlying consensus mechanism has been…

Cryptography and Security · Computer Science 2018-05-10 Stefano De Angelis

Traditional distributed transaction processing (TP) systems, such as replicated databases, faced difficulties in getting wide adoption for scenarios of enterprise integration due to the level of mutual trust required. Ironically, public…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-08-29 Ghareeb Falazi , Vikas Khinchi , Uwe Breitenbücher , Frank Leymann

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…

Databases · Computer Science 2020-04-28 Suyash Gupta , Sajjad Rahnama , Mohammad Sadoghi

Permissionless blockchains offer an information environment where users can interact privately without fear of censorship. Financial services can be programmatically coded via smart contracts to automate transactions without the need for…

General Finance · Quantitative Finance 2022-12-13 Kanis Saengchote

The blockchain technology enables mutually untrusting participants to reach consensus on the state of a distributed and decentralized ledger (called a blockchain) in a permissionless setting. The consensus protocol of the blockchain imposes…

Cryptography and Security · Computer Science 2019-03-12 Chunpeng Ge , Siwei Sun , Pawel Szalachowski

Permissionless blockchain technology offers numerous potential benefits for decentralised applications, such as security, transparency, and openness. BFT-based consensus mechanisms are widely adopted in the permissioned blockchain to meet…

Cryptography and Security · Computer Science 2024-07-08 Ziqiang Xu , Ahmad Salehi Shahraki , Naveen Chilamkurti

Public blockchains have spurred the growing popularity of decentralized transactions and smart contracts, but they exhibit limitations on the transaction throughput, storage, and computation. To avoid transaction gridlock, public…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-07-13 Nikolay Ivanov , Qiben Yan , Qingyang Wang

In open Federated Learning (FL) environments where no central authority exists, ensuring collaboration fairness relies on decentralized reward settlement, yet the prohibitive cost of permissionless blockchains directly clashes with the…

Cryptography and Security · Computer Science 2026-02-27 Shuang Liang , Yang Hua , Linshan Jiang , Peishen Yan , Tao Song , Bin Yao , Haibing Guan

Scalability remains one of the biggest challenges to the adoption of permissioned blockchain technologies for large-scale deployments. Permissioned blockchains typically exhibit low latencies, compared to permissionless deployments --…

Cryptography and Security · Computer Science 2021-09-22 Giorgia Azzurra Marson , Sebastien Andreina , Lorenzo Alluminio , Konstantin Munichev , Ghassan Karame

In this work, we leverage advances in decentralized identifiers and permissioned blockchains to build a flexible user authentication and authorization mechanism that offers enhanced privacy, achieves fast revocation, and supports…

Cryptography and Security · Computer Science 2019-11-14 Nikos Fotiou , Iakovos Pittaras , Vasilios A. Siris , George C. Polyzos
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