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A blockchain facilitates secure and atomic transactions between mutually untrusting parties on that chain. Today, there are multiple blockchains with differing interfaces and security properties. Programming in this multi-blockchain world…

Cryptography and Security · Computer Science 2024-03-13 Huaixi Lu , Akshay Jajoo , Kedar S. Namjoshi

Blockchain is widely applied in logistics, finance, and agriculture. As single blockchain users grow, scalability becomes crucial. However, existing works lack a comprehensive summary of blockchain scalability. They focus on single chains…

Databases · Computer Science 2024-09-06 Baochao Chen , Liyuan Ma , Hao Xu , Juncheng Ma , Dengcheng Hu , Xiulong Liu , Jie Wu , Jianrong Wang , Keqiu Li

Permissionless blockchain consensus protocols have been designed primarily for defining decentralized economies for the commercial trade of assets, both virtual and physical, using cryptocurrencies. In most instances, the assets being…

Computer Science and Game Theory · Computer Science 2021-03-31 Aditya Ahuja , Vinay J. Ribeiro , Ranjan Pal

Blockchain is a continuously developing technology that has made digital transactions and related computing operations more transparent and secure through globally distributed and decentralized management of states, as well as the strong…

Cryptography and Security · Computer Science 2021-03-29 Neo C. K. Yiu

One of the most innovative aspects of blockchain technology consists in the introduction of an incentive layer to regulate the behavior of distributed protocols. The designer of a blockchain system faces therefore issues that are akin to…

Computer Science and Game Theory · Computer Science 2022-03-16 Davide Grossi

With blockchain technology, information is recorded in a permanent distributed ledger that is maintained by multiple computers in a peer-to-peer network. There is no central authority that can alter records or change network consensus…

Computers and Society · Computer Science 2019-12-02 A. J. Santos

Blockchain enables a digital society where people can contribute, collaborate, and transact without having to second-guess trust and transparency. It is the technology behind the success of Bitcoin, Ethereum, and many disruptive…

Cryptography and Security · Computer Science 2022-05-04 Duc A. Tran , Bhaskar Krishnamachari

Blockchains provide environments where parties can interact transparently and securely peer-to-peer without needing a trusted third party. Parties can trust the integrity and correctness of transactions and the verifiable execution of…

Cryptography and Security · Computer Science 2023-03-02 Simon Tschirner , Shashank Shekher Tripathi , Mathias Roeper , Markus M. Becker , Volker Skwarek

Blockchain also known as a distributed ledger technology stores different transactions/operations in a chain of blocks in a distributed manner without needing a trusted third-party. Blockchain is proven to be immutable which helps for…

Cryptography and Security · Computer Science 2019-04-30 Danda B. Rawat , Vijay Chaudhary , Ronald Doku

We investigate the relationship between underlying blockchain mechanism of cryptocurrencies and its distributional characteristics. In addition to price, we emphasise on using actual block size and block time as the operational features of…

Cryptography and Security · Computer Science 2021-08-25 Min-Bin Lin , Kainat Khowaja , Cathy Yi-Hsuan Chen , Wolfgang Karl Härdle

Blockchain's decentralization, transparency, and tamper-resistance properties have facilitated the system's use in various application fields. However, the low throughput and high confirmation latency hinder the widespread adoption of…

Cryptography and Security · Computer Science 2024-09-12 Md Mohaimin Al Barat , Shaoyu Li , Changlai Du , Y. Thomas Hou , Wenjing Lou

Public blockchains should be able to scale with respect to the number of nodes and to the transactions workload. The blockchain scalability trilemma has been informally conjectured. This is related to scalability, security and…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-06-08 Gianmaria Del Monte , Diego Pennino , Maurizio Pizzonia

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

Interoperation for data sharing between permissioned blockchain networks relies on networks' abilities to independently authenticate requests and validate proofs accompanying the data; these typically contain digital signatures. This…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-07-16 Bishakh Chandra Ghosh , Venkatraman Ramakrishna , Chander Govindarajan , Dushyant Behl , Dileban Karunamoorthy , Ermyas Abebe , Sandip Chakraborty

One of the defining features of a cryptocurrency is that its ledger, containing all transactions that have evertaken place, is globally visible. As one consequenceof this degree of transparency, a long line of recent re-search has…

Cryptography and Security · Computer Science 2019-05-21 Haaroon Yousaf , George Kappos , Sarah Meiklejohn

A smart contract is a digital program of transaction protocol (rules of contract) based on the consensus architecture of blockchain. Smart contracts with Blockchain are modern technologies that have gained enormous attention in scientific…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-02-17 Norah M. Alshahrani , M. L. Mat Kiah , B. B. Zaidan , A. H. Alamoodi , Abdu Saif

Blockchain is an emerging technology that enables new forms of decentralized software architectures, where distributed components can reach agreements on shared system states without trusting a central integration point. Blockchain provides…

Software Engineering · Computer Science 2025-02-25 Xiwei Xu , Cesare Pautasso , Sin Kuang Lo , Liming Zhu , Qinghua Lu , Ingo Weber

In this paper we discuss how conventional business contracts can be converted into smart contracts---their electronic equivalents that can be used to systematically monitor and enforce contractual rights, obligations and prohibitions at run…

Computers and Society · Computer Science 2018-05-03 Carlos Molina-Jimenez , Ellis Solaiman , Ioannis Sfyrakis , Irene Ng , Jon Crowcroft

Blockchain eliminates the need for trusted third-party intermediaries in business by enabling decentralised architecture design in software applications. However, the vulnerabilities in on-chain autonomous decision-makings and cumbersome…

Software Engineering · Computer Science 2022-06-03 Yue Liu , Qinghua Lu , Guangsheng Yu , Hye-Young Paik , Liming Zhu

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…