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The Lightning Network is a so-called second-layer technology built on top of the Bitcoin blockchain to provide "off-chain" fast payment channels between users, which means that not all transactions are settled and stored on the main…

Computers and Society · Computer Science 2019-12-10 Silvia Bartolucci , Fabio Caccioli , Pierpaolo Vivo

In the Internet of Things (IoT) domain, devices need a platform to transact seamlessly without a trusted intermediary. Although Distributed Ledger Technologies (DLTs) could provide such a platform, blockchains, such as Bitcoin, were not…

Networking and Internet Architecture · Computer Science 2021-07-15 Andrew Cullen , Pietro Ferraro , William Sanders , Luigi Vigneri , Robert Shorten

The advent of Bitcoin, and consequently Blockchain, has ushered in a new era of decentralization. Blockchain enables mutually distrusting entities to work collaboratively to attain a common objective. However, current Blockchain…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-11-29 Seyed Amid Moeinzadeh Mirhosseini , Ali Fanian , T. Aaron Gulliver

Blockchain has recently been able to draw wider attention throughout the research community. Since its emergence, the world has seen the mind-blowing expansion of this new technology, which was initially developed as a pawn of digital…

Cryptography and Security · Computer Science 2022-05-03 Ziaur Rahman , Xun Yi , Sk. Tanzir Mehedi , Rafiqul Islam , Andrei Kelarev

Bitcoin blockchain faces the bitcoin scalability problem, for which bitcoin's blocks contain the transactions on the bitcoin network. The on-chain transaction processing capacity of the bitcoin network is limited by the average block…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-08-14 Changting Lin , Ning Ma , Xun Wang , Zhenguang Liu , Jianhai Chen , Shouling Ji

The world has been experiencing a mind-blowing expansion of blockchain technology since it was first introduced as an emerging means of cryptocurrency called bitcoin. Currently, it has been regarded as a pervasive frame of reference across…

Cryptography and Security · Computer Science 2021-11-23 Ziaur Rahman , Xun Yi , Ibrahim Khalil , Andrei Kelarev

The rapid development of IoT networks has led to a research trend in designing effective security features for them. Due to the power-constrained nature of IoT devices, the security features should remain as lightweight as possible.…

Cryptography and Security · Computer Science 2022-11-01 Seyedsina Nabavirazavi , S. Sitharama Iyengar

The Internet of Things (IoT) is undergoing rapid growth in the IT industry, but, it continues to be associated with several security and privacy concerns as a result of its massive scale, decentralised topology, and resource-constrained…

Cryptography and Security · Computer Science 2020-01-08 Jawad Ali , Toqeer Ali , Shahrulniza Musa , Ali Zahrani

Micropayment channels are the most prominent solution to the limitation on transaction throughput in current blockchain systems. However, in practice channels are risky because participants have to be online constantly to avoid fraud, and…

Cryptography and Security · Computer Science 2018-12-03 Georgia Avarikioti , Felix Laufenberg , Jakub Sliwinski , Yuyi Wang , Roger Wattenhofer

Payment channel networks provide a fast and scalable solution to relay funds, acting as a second layer to slower and less scalable blockchain protocols. In this paper, we present an accessible, low-cost attack in which the attacker…

Cryptography and Security · Computer Science 2021-02-02 Ayelet Mizrahi , Aviv Zohar

Blockchain technology has gained increasing popularity in the research of Internet of Things (IoT) systems in the past decade. As a distributed and immutable ledger secured by strong cryptography algorithms, the blockchain brings a new…

Cryptography and Security · Computer Science 2022-10-31 Ruipeng Zhang , Chen Xu , Mengjun Xie

Blockchain has come to provide transparency, reliability as well as to increase the security in computer systems, especially in distributed ones like the Internet of Things (IoT). A few integrations have been proposed in this context so…

Cryptography and Security · Computer Science 2020-08-18 Cristian Martín , Iván Alba , Joaquín Trillo , Enrique Soler , Bartolomé Rubio , Manuel Díaz

Payment channel networks are an approach to improve the scalability of blockchain-based cryptocurrencies. Because payment channel networks are used for transfer of financial value, their security in the presence of adversarial participants…

Logic in Computer Science · Computer Science 2023-07-06 Matthias Grundmann , Hannes Hartenstein

The successful amalgamation of cryptocurrency and consumer Internet of Things (IoT) devices can pave the way for novel applications in machine-to-machine economy. However, the lack of scalability and heavy resource requirements of initial…

Cryptography and Security · Computer Science 2021-02-05 Suat Mercan , Ahmet Kurt , Enes Erdin , Kemal Akkaya

Q&A websites rely on user-generated responses, with incentives such as reputation scores or monetary rewards often offered. While some users may find it intrinsically rewarding to assist others, studies indicate that payment can improve the…

Computers and Society · Computer Science 2024-12-30 Ellis Solaiman , Jorge Robins

Supporting convolutional neural network (CNN) inference on resource-constrained IoT devices in a timely manner has been an outstanding challenge for emerging smart systems. To mitigate the burden on IoT devices, the prevailing solution is…

Cryptography and Security · Computer Science 2019-01-15 Yifan Tian , Jiawei Yuan , Shucheng Yu , Yantian Hou

Blockchains such as Bitcoin and Ethereum execute payment transactions securely, but their performance is limited by the need for global consensus. Payment networks overcome this limitation through off-chain transactions. Instead of writing…

Cryptography and Security · Computer Science 2019-10-29 Joshua Lind , Oded Naor , Ittay Eyal , Florian Kelbert , Peter Pietzuch , Emin Gun Sirer

Bitcoin, Ethereum and other blockchain-based cryptocurrencies, as deployed today, cannot scale for wide-spread use. A leading approach for cryptocurrency scaling is a smart contract mechanism called a payment channel which enables two…

Cryptography and Security · Computer Science 2017-12-04 Andrew Miller , Iddo Bentov , Ranjit Kumaresan , Christopher Cordi , Patrick McCorry

Blockchains and smart contracts are an emerging, promising technology, that has received considerable attention. We use the blockchain technology, and in particular Ethereum, to implement a large-scale event-based Internet of Things (IoT)…

Cryptography and Security · Computer Science 2019-07-10 Nikos Fotiou , Iakovos Pittaras , Vasilios A. Siris , Spyros Voulgaris , George C. Polyzos

With the rapid development of the Internet of things (IoT), more and more IoT devices are connected and communicate frequently. In this background, the traditional centralized security architecture of IoT will be limited in terms of data…

Cryptography and Security · Computer Science 2018-12-21 Ziqing Guo , Hua Zhang , Xin Zhang , Zhengping Jin , Qiaoyan Wen