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We develop a model of coordination and allocation of decentralized multi-sided markets, in which our theoretical analysis is promisingly optimizing the decentralized transaction packaging process at high-throughput blockchains or Web 3.0…

General Economics · Economics 2023-01-27 Yuxuan Lu , Qian Qi , Xi Chen

The security of blockchain systems is fundamentally based on the decentralized consensus in which the majority of parties behave honestly, and the content verification process is essential to maintaining the robustness of blockchain…

Cryptography and Security · Computer Science 2025-08-21 Zishuo Zhao , Xi Chen , Yuan Zhou

In the high-stakes race to develop more scalable blockchains, some platforms (Binance, Cosmos, EOS, TRON, etc.) have adopted committee-based consensus (CBC) protocols, whereby the blockchain's record-keeping rights are entrusted to a…

Cryptography and Security · Computer Science 2022-12-02 Alon Benhaim , Brett Hemenway Falk , Gerry Tsoukalas

We consider the problem of learning stable matchings with unknown preferences in a decentralized and uncoordinated manner, where "decentralized" means that players make decisions individually without the influence of a central platform, and…

Computer Science and Game Theory · Computer Science 2024-08-16 S. Rasoul Etesami , R. Srikant

In the context of blockchain systems, the importance of decentralization is undermined by the lack of a widely accepted methodology to measure it. To address this gap, we set out a systematization effort targeting the decentralization…

Cryptography and Security · Computer Science 2025-02-07 Christina Ovezik , Dimitris Karakostas , Mary Milad , Aggelos Kiayias , Daniel W. Woods

Blockchain is a decentralized transaction and data management solution, the technological weapon-of-choice behind the success of Bitcoin and other cryptocurrencies. As the number and variety of existing blockchain implementations continues…

Cryptography and Security · Computer Science 2018-12-24 Martin Garriga , Maximiliano Arias , Alan De Renzis

This paper proposes a model that enables permissionless and decentralized networks for complex computations. We explore the integration and optimize load balancing in an open, decentralized computational network. Our model leverages…

Computational Finance · Quantitative Finance 2025-01-03 German Rodikov

To optimally select a generalized Nash equilibrium, in this paper, we propose a semi-decentralized algorithm based on a double-layer Tikhonov regularization method. Technically, we extend the Tikhonov method for equilibrium selection in…

Systems and Control · Electrical Eng. & Systems 2023-04-26 Emilio Benenati , Wicak Ananduta , Sergio Grammatico

Voting is a very important issue which can be beneficial in term of choosing the right leader in an election. A good leader can bring prosperity to a country and also can lead the country in the right direction every time. However,…

Cryptography and Security · Computer Science 2019-10-31 Kazi Sadia , Md. Masuduzzaman , Rajib Kumar Paul , Anik Islam

Edge computing is a distributed computing paradigm that relies on computational resources of end devices in a network to bring benefits such as low bandwidth utilization, responsiveness, scalability and privacy preservation. Applications…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-04-23 Aleksandar Tošić , Jernej Vičič , Michael Mrissa

To address the large amount of energy wasted by blockchains, we propose a decentralized consensus protocol for blockchains in which the computation can be used to search for good approximate solutions to any optimization problem. Our…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-12-03 Naoki Shibata

Skill verification is a central problem in workforce hiring. Companies and academia often face the difficulty of ascertaining the skills of an applicant since the certifications of the skills claimed by a candidate are generally not…

Cryptography and Security · Computer Science 2020-03-26 Jay Gupta , Swaprava Nath

More than ten years ago the blockchain was acclaimed as the solution to overcome centralised trusted third parties for online payments. Through the years the crypto-movement changed and evolved, although decentralisation remained the core…

Machine learning has recently enabled large advances in artificial intelligence, but these results can be highly centralized. The large datasets required are generally proprietary; predictions are often sold on a per-query basis; and…

Artificial Intelligence · Computer Science 2020-09-23 Justin D. Harris

In recent years, blockchain has grown in popularity due to its singular attributes, enabling the development of new innovative decentralized applications. But when companies consider leveraging blockchain for their applications, the…

Cryptography and Security · Computer Science 2021-01-25 Nicolas Six

Streamlined Byzantine Fault Tolerant (BFT) protocols, such as HotStuff [PODC'19], and weighted voting represent two possible strategies to improve consensus in the distributed systems world. Several studies have been conducted on both…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-10-30 Diana Micloiu , Rowdy Chotkan , Jérémie Decouchant

The necessity of blockchain systems to remain decentralised limits current solutions to blockchain governance and dynamic management, forcing a trade-off between control and decentralisation. In light of the above, this work proposes a…

Cryptography and Security · Computer Science 2025-10-10 Georgios Diamantopoulos , Nikos Tziritas , Rami Bahsoon , Georgios Theodoropoulos

Decentralised organisations use blockchains as a basis for governance: they use on-chain transactions to allocate voting weight, publish proposals, cast votes, and enact the results. However, blockchain-based governance structures have…

Computer Science and Game Theory · Computer Science 2023-11-30 Thomas Lloyd , Daire O'Broin , Martin Harrigan

This paper presents an empirical analysis of Steemit, a key representative of the emerging incentivized social media platforms over Blockchains, to understand and evaluate the actual level of decentralization and the practical effects of…

Social and Information Networks · Computer Science 2021-02-03 Chao Li , Balaji Palanisamy

Decentralization has been touted as the principal security advantage which propelled blockchain systems at the forefront of developments in the financial technology space. Its exact semantics nevertheless remain highly contested and…

Cryptography and Security · Computer Science 2024-04-16 Christina Ovezik , Dimitris Karakostas , Aggelos Kiayias