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Blockchains are gaining momentum due to the interest of industries and people in \emph{decentralized applications} (Dapps), particularly in those for trading assets through digital certificates secured on blockchain, called tokens. As a…

Cryptography and Security · Computer Science 2024-02-22 Giampaolo Bella , Domenico Cantone , Cristiano Longo , Marianna Nicolosi-Asmundo , Daniele Francesco Santamaria

Today's blockchains suffer from low throughput and high latency, which impedes their widespread adoption of more complex applications like smart contracts. In this paper, we propose a novel paradigm for smart contract execution. It…

Cryptography and Security · Computer Science 2023-06-09 Jian Liu , Peilun Li , Raymond~Cheng , N. Asokan , Dawn Song

We propose a secure, stateless and composable transaction scheme to establish delivery-versus-payment (DvP) across two (or more) blockchains without relying on time-locks, centralized escrow, or stateful intermediaries. The method minimizes…

Cryptography and Security · Computer Science 2025-11-18 Christian P. Fries , Peter Kohl-Landgraf

relentless is an open-source Python package that enables the optimization of objective functions computed using molecular dynamics simulations. It has a high-level, extensible interface for model parametrization; setting up, running, and…

Soft Condensed Matter · Physics 2024-08-07 Adithya N Sreenivasan , C. Levi Petix , Zachary M. Sherman , Michael P. Howard

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

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

This paper presents Adamastor, a new low latency and scalable decentralized anonymous payment system, which is an extension of Ring Confidential Transactions (RingCT) that is compatible with consensus algorithms that use Delegated Proof of…

Cryptography and Security · Computer Science 2023-12-15 Rui Morais , Paul Crocker , Simao Melo de Sousa

We introduce Unity, a new consensus algorithm for public blockchain settings. Unity is an eventual consistency protocol merging the Proof-of-Work (PoW) and Proof-of-Stake (PoS) into a coherent stochastic process. It encompasses hardware and…

Cryptography and Security · Computer Science 2019-06-10 Yulong Wu , Yunfei Zha , Yao Sun

In today's programmable blockchains, smart contracts are limited to being deterministic and non-probabilistic. This lack of randomness is a consequential limitation, given that a wide variety of real-world financial contracts, such as…

Computer Science and Game Theory · Computer Science 2019-02-22 Krishnendu Chatterjee , Amir Kafshdar Goharshady , Arash Pourdamghani

Recently, the blockchain technique was put in the spotlight as it introduced a systematic approach for multiple parties to reach consensus without needing trust. However, the application of this technique in practice is severely restricted…

Distributed, Parallel, and Cluster Computing · Computer Science 2017-07-17 Zhijie Ren , Kelong Cong , Johan Pouwelse , Zekeriya Erkin

Blockchain systems that settle financial transactions face a structural tension: the single validator that assembles each block holds unilateral power over transaction inclusion and ordering. Traditional markets curb this very power through…

Distributed, Parallel, and Cluster Computing · Computer Science 2026-05-25 Daniel Cason , Gordon Liao , Sergio Mena , Nenad Milošević , Adi Seredinschi , Alessandro Sforzin , João Sousa , Preston Vander Vos

The transaction pool plays a critical role in processing and disseminating transactions in cryptocurrency networks. However, increasing transaction loads strain the resources of full node deployments. We present Neonpool, an innovative…

Cryptography and Security · Computer Science 2025-03-18 Hina Binte Haq , Syed Taha Ali , Asad Salman , Patrick McCorry , Siamak F. Shahandashti

Blockchain protocols typically aspire to run in the permissionless setting, in which nodes are owned and operated by a large number of diverse and unknown entities, with each node free to start or stop running the protocol at any time. This…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-03-05 Andrew Lewis-Pye , Tim Roughgarden

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

The CAP theorem says that no blockchain can be live under dynamic participation and safe under temporary network partitions. To resolve this availability-finality dilemma, we formulate a new class of flexible consensus protocols,…

Cryptography and Security · Computer Science 2021-02-05 Joachim Neu , Ertem Nusret Tas , David Tse

We propose Ping-Pong Swaps: A secure pure peer-to-peer crosschain swap mechanism of tokens or cryptocurrencies that does not require escrow nor an intermediate trusted third party. The only technical requirement is to be able to open…

Cryptography and Security · Computer Science 2023-01-11 Cyril Grunspan , Ricardo Perez-Marco

In this paper, we introduce Super Luminal ("xLumi"), a new payment channel protocol for blockchain systems. xLumi is a simple unidirectional payment channel that can be extended to a bidirectional payment channel or a complete network.…

Cryptography and Security · Computer Science 2021-01-27 Ningchen Ying , Tsz Wai Wu

Blockchain is a decentralized system that allows transaction transmission and storage according to the roles of the Consensus algorithm and Smart contracts. Non-fungible tokens (NFTs) consolidate the best characteristics of blockchain…

Cryptography and Security · Computer Science 2022-09-07 Subhash Shankar Pandey , Tadasha Dash , Prasanta K. Panigrahi , Ahmed Farouk

Bitcoin demonstrated the possibility of a financial ledger that operates without the need for a trusted central authority. However, concerns persist regarding its security and considerable energy consumption. We assess the consensus…

Computer Science and Game Theory · Computer Science 2025-03-04 Jacob D. Leshno , Elaine Shi , Rafael Pass

We give an explicit definition of decentralization and show you that decentralization is almost impossible for the current stage and Bitcoin is the first truly noncentralized currency in the currency history. We propose a new framework of…

Computational Engineering, Finance, and Science · Computer Science 2016-09-12 Xiaochao Qian