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In this paper, we explore vulnerabilities and countermeasures of the recently proposed blockchain consensus based on proof-of-authority. The proof-of-work blockchains, like Bitcoin and Ethereum, have been shown both theoretically and…

Cryptography and Security · Computer Science 2019-09-26 Parinya Ekparinya , Vincent Gramoli , Guillaume Jourjon

Blockchain consensus is a state whereby each node in a network agrees on the current state of the blockchain. Existing protocols achieve consensus via a contest or voting procedure to select one node as a dictator to propose new blocks.…

Theoretical Economics · Economics 2022-06-22 Joshua S. Gans , Richard Holden

We argue that recent developments in proof-of-work consensus mechanisms can be used in accordance with advancements in formal verification techniques to build a distributed payment protocol that addresses important economic drawbacks from…

Cryptography and Security · Computer Science 2020-05-14 Assimakis Kattis , Fabian Trottner

Consensus protocols for asynchronous networks are usually complex and inefficient, leading practical systems to rely on synchronous protocols. This paper attempts to simplify asynchronous consensus by building atop a novel threshold logical…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-07-17 Bryan Ford

In blockchain systems, especially cryptographic currencies such as Bitcoin, the double-spending and Byzantine-general-like problem are solved by reaching consensus protocols among all nodes. The state-of-the-art protocols include…

Cryptography and Security · Computer Science 2018-08-02 Jianwen Chen , Kai Duan , Rumin Zhang , Liaoyuan Zeng , Wenyi Wang

Throughput limitations of existing blockchain architectures are well documented and are one of the most significant hurdles for their wide-spread adoption. In our previous proof-of-concept work, we have shown that separating computation…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-09-13 Alexander Hentschel , Dieter Shirley , Layne Lafrance , Maor Zamski

Proof of work cryptocurrencies began with the promise of a more egalitarian future with a decentralized monetary system with no powerful entities in charge. While this vision is far from realized, these cryptocurrencies are still touted to…

Cryptography and Security · Computer Science 2022-03-31 Sishan Long , Soumya Basu , Emin Gün Sirer

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

The lock is a building-block synchronization primitive that enables mutually exclusive access to shared data in shared-memory parallel programs. Mutual exclusion is typically achieved by guarding the code that accesses the shared data with…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-04-25 Vivek Shahare , Milind Chabbi , Nikhil Hegde

Conditional information reveal systems automate the release of information upon meeting specific predefined conditions, such as time or location. This paper introduces a breakthrough in the understanding, design, and application of…

Cryptography and Security · Computer Science 2025-01-28 Zhuolun Li , Srijoni Majumdar , Evangelos Pournaras

Blockchain is one of the most discussed and highly accepted technologies, primarily due to its application in almost every field where third parties are needed for trust. Blockchain technology relies on distributed consensus for trust,…

Cryptography and Security · Computer Science 2022-02-02 Arman Rasoodl Faridi , Faraz Masood , Ali Haider Thabet Shamsan , Mohammad Luqman , Monir Yahya Salmony

Blockchain has become a popular decentralized paradigm for various applications in the zero-trust environment. The core of the blockchain is the consensus protocol, which establishes consensus among all the participants. PoW (Proof-of-Work)…

Cryptography and Security · Computer Science 2023-08-30 Peiran Wang

Blockchains rely on economic incentives to ensure secure and decentralised operation, making incentive compatibility a core design concern. However, protocols are rarely deployed in isolation. Applications interact with the underlying…

Computer Science and Game Theory · Computer Science 2026-04-08 Zeta Avarikioti , Georg Fuchsbauer , Pim Keer , Matteo Maffei , Fabian Regen

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…

Cryptography and Security · Computer Science 2025-04-25 Zan-Kai Chong , Hiroyuki Ohsaki , Bryan Ng

In this study, we proposed an architecture for Web 3.0, which is based on the hashed interactions among user nodes that can transform bilateral trusts into collective time order, which is the major achievement of blockchain technology,…

Computers and Society · Computer Science 2022-02-23 Hengjin Cai , Tianqi Cai

Speculative decoding is an effective method for lossless acceleration of large language models during inference. It uses a fast model to draft a block of tokens which are then verified in parallel by the target model, and provides a…

Machine Learning · Computer Science 2025-04-14 Ziteng Sun , Uri Mendlovic , Yaniv Leviathan , Asaf Aharoni , Jae Hun Ro , Ahmad Beirami , Ananda Theertha Suresh

In recent years decentralized currencies developed through Blockchains are increasingly becoming popular because of their transparent nature and absence of a central controlling authority. Though a lot of computation power, disk space, and…

Databases · Computer Science 2023-05-15 Anirudha Paul

Most of today's online services (e.g., social networks, search engines, market places) are centralized, which is recognized as unsatisfactory by a majority of users for various reasons (e.g., centralized governance, censorship, loss of…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-02-08 Kadir Korkmaz , Joachim Bruneau-Queyreix , Sonia Ben Mokthar , Laurent Réveillère

A blockchain is a decentralized ledger where all transactions are recorded. For having a reliable blockchain and double-spending prevention, we need a decentralized consensus and agreement on a blockchain. Bitcoin uses proof-of-work (PoW).…

Cryptography and Security · Computer Science 2019-05-06 Siamak Solat

In the area of blockchain, numerous methods have been proposed for suppressing intentional forks by attackers more effectively than the random rule. However, all of them, except for the random rule, require major updates, rely on a trusted…

Cryptography and Security · Computer Science 2025-01-03 Akira Sakurai , Kazuyuki Shudo