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Transactions submitted through the blockchain peer-to-peer (P2P) network may leak out exploitable information. We study the economic incentives behind the adoption of blockchain dark venues, where users' transactions are observable only by…

General Finance · Quantitative Finance 2022-02-14 Agostino Capponi , Ruizhe Jia , Ye Wang

In this paper, we present the first bare metal comparison of modern blockchains, including Algorand, Avalanche, Diem, Ethereum, Quorum and Solana. This evaluation was conducted with the recent Diablo benchmark suite, a framework to evaluate…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-11-17 Andrei Lebedev , Vincent Gramoli

In this paper, we analyze the Ethereum blockchain using the complex networks modeling framework. Accounts acting on the blockchain are represented as nodes, while the interactions among these accounts, recorded on the blockchain, are…

Cryptography and Security · Computer Science 2019-09-02 Stefano Ferretti , Gabriele D'Angelo

This paper examines how various categories of Ethereum stakers respond to changes in the consensus issuance schedule, and the potential impact of such changes on the composition of the staking market. To this end, we have develop and…

General Economics · Economics 2025-07-22 Juan Beccuti , Thunj Chantramonklasri , Matthias Hafner , Nicolas Oderbolz

The development of an electronic voting system that would replace traditional election procedures is a research topic of great interest for many years. Blockchain technology could provide some guarantees and fulfill strong requirements for…

Cryptography and Security · Computer Science 2023-07-21 Achilleas Spanos , Ioanna Kantzavelou

This paper presents a comprehensive analysis of historical data across two popular blockchain networks: Ethereum and Solana. Our study focuses on two key aspects: transaction conflicts and the maximum theoretical parallelism within…

Distributed, Parallel, and Cluster Computing · Computer Science 2026-05-14 Parwat Singh Anjana , Srivatsan Ravi , Maurice Herlihy

The blockchain paradigm provides a mechanism for content dissemination and distributed consensus on Peer-to-Peer (P2P) networks. While this paradigm has been widely adopted in industry, it has not been carefully analyzed in terms of its…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-12-22 Aditya Gopalan , Abishek Sankararaman , Anwar Walid , Sriram Vishwanath

Numerous blockchain simulators have been proposed to allow researchers to simulate mainstream blockchains. However, we have not yet found a testbed that enables researchers to develop and evaluate their new consensus algorithms or new…

Cryptography and Security · Computer Science 2025-02-25 Huawei Huang , Guang Ye , Qinglin Yang , Qinde Chen , Zhaokang Yin , Xiaofei Luo , Jianru Lin , Jian Zheng , Taotao Li , Zibin Zheng

The adoption of permissioned blockchain networks in enterprise settings has seen an increase in growth over the past few years. While encouraging, this is leading to the emergence of new data, asset and process silos limiting the potential…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-11-05 Ermyas Abebe , Dushyant Behl , Chander Govindarajan , Yining Hu , Dileban Karunamoorthy , Petr Novotny , Vinayaka Pandit , Venkatraman Ramakrishna , Christian Vecchiola

Blockchain protocols incentivize participation through monetary rewards, assuming rational actors behave honestly to maximize their gains. However, attackers may attempt to harm others even at personal cost. These denial of profit attacks…

Computer Science and Game Theory · Computer Science 2025-06-02 Arian Baloochestani , Leander Jehl

We describe a plausible probabilistic model for a blockchain queueing environment in which rational, profit-maximising schedulers impose adversarial disciplines on incoming messages containing a payload that encodes a state transition in a…

Probability · Mathematics 2023-02-17 Andrew W. Macpherson

Scalability is a common issue among the most used permissionless blockchains, and several approaches have been proposed accordingly. As Ethereum is set to be a solid foundation for a decentralized Internet web, the need for tackling…

Cryptography and Security · Computer Science 2021-01-01 Mikel Cortes-Goicoechea , Luca Franceschini , Leonardo Bautista-Gomez

Following the design of more efficient blockchain consensus algorithms, the execution layer has emerged as the new performance bottleneck of blockchains, especially under high contention. Current parallel execution frameworks either rely on…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-10-20 François Ezard , Can Umut Ileri , Jérémie Decouchant

With the development of Ethereum, numerous blockchains compatible with Ethereum's execution environment (i.e., Ethereum Virtual Machine, EVM) have emerged. Developers can leverage smart contracts to run various complex decentralized…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-09-24 Chaoyue Yin , Mingzhe Li , Jin Zhang , You Lin , Qingsong Wei , Siow Mong Rick Goh

We examine blockchain technologies, especially smart contracts, as a platform for decentralized applications. By providing a basis for consensus, blockchain promises to upend business models that presuppose a central authority. However,…

Computers and Society · Computer Science 2018-01-10 Munindar P. Singh , Amit K. Chopra

Smart contracts on public blockchains now manage large amounts of value, and vulnerabilities in these systems can lead to substantial losses. As AI agents become more capable at reading, writing, and running code, it is natural to ask how…

Smart contracts, the cornerstone of blockchain technology, enable secure, automated distributed execution. Given their role in handling large transaction volumes across clients, miners, and validators, exploring concurrency is critical.…

Cryptography and Security · Computer Science 2025-07-23 Atefeh Zareh Chahoki , Maurice Herlihy , Marco Roveri

Bitcoin and Ethereum transactions present one of the largest real-world complex networks that are publicly available for study, including a detailed picture of their time evolution. As such, they have received a considerable amount of…

Physics and Society · Physics 2021-02-25 Dániel Kondor , Nikola Bulatovic , József Stéger , István Csabai , Gábor Vattay

This paper explores the coexistence possibilities of Central Bank Digital Currencies (CBDCs) and blockchain-based cryptocurrencies within a post-quantum computing landscape. It examines the implications of emerging quantum algorithms and…

Cryptography and Security · Computer Science 2024-11-12 Abraham Itzhak Weinberg , Pythagoras Petratos , Alessio Faccia

The emergence of quantum computing presents a formidable challenge to the security of blockchain systems. Traditional cryptographic algorithms, foundational to digital signatures, message encryption, and hashing functions, become vulnerable…

Cryptography and Security · Computer Science 2025-10-16 Yaser Baseri , Abdelhakim Hafid , Yahya Shahsavari , Dimitrios Makrakis , Hassan Khodaiemehr