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We consider operation of blockchain-based cryptocurrency in case of partitioning. We define the Partitionable Blockchain Consensus Problem. The problem may have an interesting solution if the partitions proceed independently by splitting…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-12-21 Kendric Hood , Joseph Oglio , Mikhail Nesterenko , Gokarna Sharma

A blockchain replaces central counterparties with time-consuming consensus protocols to record the transfer of ownership. This settlement latency slows cross-exchange trading, exposing arbitrageurs to price risk. Off-chain settlement,…

Trading and Market Microstructure · Quantitative Finance 2023-10-20 Nikolaus Hautsch , Christoph Scheuch , Stefan Voigt

Blockchain is a decentralized system that allows transaction transmission and storage according to the roles of the Consensus algorithm and Smart contracts. Non-fungible tokens (NFTs) consolidate the best characteristics of blockchain…

Cryptography and Security · Computer Science 2022-09-07 Subhash Shankar Pandey , Tadasha Dash , Prasanta K. Panigrahi , Ahmed Farouk

Blockchain has been regarded as a promising technology for Internet of Things (IoT), since it provides significant solutions for decentralized network which can address trust and security concerns, high maintenance cost problem, etc. The…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-07-24 Bin Cao , Yixin Li , Lei Zhang , Long Zhang , Shahid Mumtaz , Zhenyu Zhou , Mugen Peng

A survey is given of approaches to the problem of distributed consensus, focusing particularly on methods based on cellular automata and related systems. A variety of new results are given, as well as a history of the field and an extensive…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-06-28 Stephen Wolfram

The wireless blockchain network (WBN) concept, born from the blockchain deployed in wireless networks, has appealed to many network scenarios. Blockchain consensus mechanisms (CMs) are key to enabling nodes in a wireless network to achieve…

Networking and Internet Architecture · Computer Science 2023-12-15 Haoxiang Luo , Qianqian Zhang , Gang Sun , Hongfang Yu , Dusit Niyato

Blockchains have seen growing traction with cryptocurrencies reaching a market cap of over 1 trillion dollars, major institution investors taking interests, and global impacts on governments, businesses, and individuals. Also growing…

Cryptography and Security · Computer Science 2022-10-04 Tiancheng Xie , Jiaheng Zhang , Zerui Cheng , Fan Zhang , Yupeng Zhang , Yongzheng Jia , Dan Boneh , Dawn Song

Bitcoin is an immutable permissionless blockchain system that has been extensively used as a public bulletin board by many different applications that heavily relies on its immutability. However, Bitcoin's immutability is not without its…

Cryptography and Security · Computer Science 2019-10-10 Dominic Deuber , Bernardo Magri , Sri Aravinda Krishnan Thyagarajan

As an emerging service framework built by combining cryptography, P2P network, consensus mechanism and innovative contract technology, blockchain has been widely used in digital finance, data sharing, message traceability and electronic…

Cryptography and Security · Computer Science 2025-08-05 Wenwen Zhou , Dongyang Lyu , Xiaoqi Li

In the white book of Bitcion, Satoshi Nakamoto described a bitcoin system that can realize point-to-point online payment without a third-party organization. After supporting this magical application scenario and subverting the traditional…

Cryptography and Security · Computer Science 2022-09-26 Shi Yan

Blockchain systems rely on decentralized ledgers and strong security guarantees. A key requirement is non-repudiation, which prevents denial of transaction authorship and supports integrity of recorded data. This work surveys digital…

Cryptography and Security · Computer Science 2025-10-28 Kaveri Banerjee , Sajal Saha

As an emerging technology, blockchain has achieved great success in numerous application scenarios, from intelligent healthcare to smart cities. However, a long-standing bottleneck hindering its further development is the massive resource…

Cryptography and Security · Computer Science 2020-04-21 Yinqiu Liu , Kai Qian , Jianli Chen , Kun Wang , Lei He

While blockchains initially gained popularity in the realm of cryptocurrencies, their widespread adoption is expanding beyond conventional applications, driven by the imperative need for enhanced data security. Despite providing a secure…

Cryptography and Security · Computer Science 2024-12-10 Faisal Haque Bappy , Tarannum Shaila Zaman , Md Sajidul Islam Sajid , Mir Mehedi Ahsan Pritom , Tariqul Islam

The choice of the consensus method ultimately determines throughput, scalability, tamper resistance, and consistency of a blockchain system. However, across all the types of blockchain (private, semi-private, consortium, or public), there…

Cryptography and Security · Computer Science 2018-11-14 Ernst-Georg Schmid

Quantum blockchains provide inherent resilience against quantum adversaries and represent a promising alternative to classical blockchain systems in the quantum era. However, existing quantum blockchain architectures largely depend on…

Quantum Physics · Physics 2025-10-14 Chong-Qiang Ye , Heng-Ji Li , Jian Li , Xiao-Yu Chen

Blockchain represents a technology for establishing a shared, immutable version of the truth between a network of participants that do not trust one another, and therefore has the potential to disrupt any financial or other industries that…

Computers and Society · Computer Science 2016-11-02 Marek Laskowski , Henry M. Kim

Decentralization is a fundamental design element of the Web3 economy. Blockchains and distributed consensus mechanisms are touted as fault-tolerant, attack-resistant, and collusion-proof because they are decentralized. Recent analyses,…

Networking and Internet Architecture · Computer Science 2026-04-15 Harang Ju , Madhav Kumar , Ehsan Valavi , Sinan Aral

Set reconciliation is a fundamental task in distributed systems, particularly in blockchain networks, where it enables synchronization of transaction pools among peers and facilitates block dissemination. Traditional set reconciliation…

Networking and Internet Architecture · Computer Science 2025-04-14 Tomer Keniagin , Eitan Yaakobi , Ori Rottenstreich

Classical and contemporary distributed consensus protocols, may they be for binary agreement, state machine replication, or blockchain consensus, require all protocol participants in a peer-to-peer system to agree on exactly the same…

Cryptography and Security · Computer Science 2022-05-03 Aditya Ahuja

With the development of decentralized consensus protocols, permissionless blockchains have been envisioned as a promising enabler for the general-purpose transaction-driven, autonomous systems. However, most of the prevalent blockchain…

Computer Science and Game Theory · Computer Science 2018-11-19 Zhengwei Ni , Wenbo Wang , Dong In Kim , Ping Wang , Dusit Niyato
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