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Decentralized Finance (DeFi) leverages blockchain-enabled smart contracts to deliver automated and trustless financial services without the need for intermediaries. However, the public visibility of financial transactions on the blockchain…

Cryptography and Security · Computer Science 2025-10-20 Huned Materwala , Shraddha M. Naik , Aya Taha , Tala Abdulrahman Abed , Davor Svetinovic

Possible manipulation of user transactions by miners in a permissionless blockchain systems is a growing concern. This problem is a pervasive and systemic issue, known as Miner Extractable Value (MEV), incurs highs costs on users of…

Cryptography and Security · Computer Science 2023-07-06 Bulat Nasrulin , Georgy Ishmaev , Jérémie Decouchant , Johan Pouwelse

Blockchains, and specifically smart contracts, have promised to create fair and transparent trading ecosystems. Unfortunately, we show that this promise has not been met. We document and quantify the widespread and rising deployment of…

Cryptography and Security · Computer Science 2019-04-11 Philip Daian , Steven Goldfeder , Tyler Kell , Yunqi Li , Xueyuan Zhao , Iddo Bentov , Lorenz Breidenbach , Ari Juels

Smart contracts led to the emergence of the decentralized finance (DeFi) marketplace within blockchain ecosystems, where diverse participants engage in financial activities. In traditional finance, there are possibilities to create values,…

Cryptography and Security · Computer Science 2024-06-21 Rasheed , Yash Chaurasia , Parth Desai , Sujit Gujar

Blockchain has been increasingly used as a software component to enable decentralisation in software architecture for a variety of applications. Blockchain governance has received considerable attention to ensure the safe and appropriate…

Software Engineering · Computer Science 2022-03-29 Yue Liu , Qinghua Lu , Liming Zhu , Hye-Young Paik , Mark Staples

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

Mobile edge computing (MEC) and next-generation mobile networks are set to disrupt the way intelligent and autonomous systems are interconnected. This will have an effect on a wide range of domains, from the Internet of Things to autonomous…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-06-16 Jorge Peña Queralta , Tomi Westerlund

Maximal extractable value (MEV) in which block proposers unethically gain profits by manipulating the order in which transactions are included within a block, is a key challenge facing blockchains such as Ethereum today. Left unchecked, MEV…

Cryptography and Security · Computer Science 2024-05-16 Yifan Mao , Mengya Zhang , Shaileshh Bojja Venkatakrishnan , Zhiqiang Lin

Blockchain technology has set off a wave of decentralization in the world since its birth. The trust system constructed by blockchain technology based on cryptography algorithm and computing power provides a practical and powerful solution…

Computational Engineering, Finance, and Science · Computer Science 2025-05-08 Pengfei Gao , Dechao Kong , Xiaoqi Li

As a blockchain-based application, Non-Fungible Token (NFT) has received worldwide attention over the past few years. Digital artwork is the main form of NFT that can be stored on different blockchains. Although the NFT market is rapidly…

Human-Computer Interaction · Computer Science 2022-06-28 Yufan Zhang , Zichao Chen , Luyao Zhang , Xin Tong

This Systematization of Knowledge (SoK) provides a comprehensive historical analysis of Maximal Extractable Value (MEV) in blockchain systems, tracing its conceptual evolution through three distinct eras. We organize the fragmented…

Cryptography and Security · Computer Science 2026-03-10 Davide Mancino , Hasret Ozan Sevim

Blockchain, as a distributed ledger technology, becomes more and more popular in both industry and academia. Each peer in blockchain system maintains a copy of ledger and makes sure of data consistency through consensus protocol. Blockchain…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-05-25 Song Hua , Shenbin Zhang , Bingfeng Pi , Jun Sun , Kazuhiro Yamashita , Yoshihide Nomura

The multi-chain future is upon us. Modular architectures are coming to maturity across the ecosystem to scale bandwidth and throughput of cryptocurrency. One example of such is the Ethereum modular architecture, with its beacon chain, its…

Cryptography and Security · Computer Science 2021-12-07 Alexandre Obadia , Alejo Salles , Lakshman Sankar , Tarun Chitra , Vaibhav Chellani , Philip Daian

We develop a formalism for reasoning about trading on decentralized exchanges on blockchains and a formulation of a particular form of maximal extractable value (MEV) that represents the total arbitrage opportunity extractable from on-chain…

Mathematical Finance · Quantitative Finance 2023-04-24 Alan Guo

Internet of Things (IoT) occupies a vital aspect of our everyday lives. IoT networks composed of smart-devices which communicate and transfer the information without the physical intervention of humans. Due to such proliferation and…

Cryptography and Security · Computer Science 2020-01-08 Jawad Ali , Ahmad Shahrafidz Khalid , Eiad Yafi , Shahrulniza Musa , Waqas Ahmed

Cryptocurrency miners have great latitude in deciding which transactions they accept, including their own, and the order in which they accept them. Ethereum miners in particular use this flexibility to collect MEV-Miner Extractable Value-by…

Cryptography and Security · Computer Science 2022-03-31 Julien Piet , Jaiden Fairoze , Nicholas Weaver

In the next few years, Blockchain will play a central role in IoT as a technology. It enables the traceability of processes between multiple parties independent of a central instance. Blockchain allows to make the processes more…

Cryptography and Security · Computer Science 2020-03-31 Kirill Loisha , Javad Ghofrani , Dirk Reichelt

Blockchain, also coined as decentralized AI, has the potential to empower AI to be more trustworthy by creating a decentralized trust of privacy, security, and audibility. However, systematic studies on the design principle of blockchain as…

Cryptography and Security · Computer Science 2023-01-18 Luyao Sunshine Zhang

With the rapid growth of Internet of Things (IoT) applications, there's a big demand for more processing power and resources in devices. Mobile Edge Computing (MEC) looks promising for enhancing performance and reducing costs by offloading…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-03-12 Komeil Moghaddasi , Shakiba Rajabi

This paper addresses the ethical challenges of Artificial Intelligence in Neural Machine Translation (NMT) systems, emphasizing the imperative for developers to ensure fairness and cultural sensitivity. We investigate the ethical competence…

Computation and Language · Computer Science 2024-04-16 Richard Kimera , Yun-Seon Kim , Heeyoul Choi