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The Private Proof of Solvency is a groundbreaking solution in the realm of Proof of Solvency, offering a secure, efficient, and privacy-preserving method for crypto custody providers such as centralized cryptocurrency exchanges or…

Cryptography and Security · Computer Science 2023-10-24 Hamid Bateni , Keyvan Kambakhsh

Decentralized computation outsourcing should allow anyone to access the large amounts of computational power that exists in the Internet of Things. Unfortunately, when trusted third parties are removed to achieve this decentralization,…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-07-29 Conor McMenamin , Vanesa Daza

Bitcoin and Ethereum, whose miners arguably collectively comprise the most powerful computational resource in the history of mankind, offer no more power for processing and verifying transactions than a typical smart phone. The system…

Cryptography and Security · Computer Science 2019-08-14 Jason Teutsch , Christian Reitwießner

This paper analyzes the Execution Tickets proposal on Ethereum Research, unveiling its potential to revolutionize the Ethereum blockchain's economic model. At the core of this proposal lies a novel ticketing mechanism poised to redefine how…

Cryptography and Security · Computer Science 2024-04-09 Jonah Burian

Business process collaboration between independent parties can be challenging, especially if the participants do not have complete trust in each other. Tracking actions and enforcing the activity authorizations of participants via…

Cryptography and Security · Computer Science 2023-11-14 Balázs Ádám Toldi , Imre Kocsis

Layer 2 systems have received increasing attention due to their potential to scale the throughput of L1 blockchains. To avoid the cost of putting data on chain, these systems increasingly turn to off-chain data availability solutions such…

Cryptography and Security · Computer Science 2023-06-21 Ertem Nusret Tas , Dan Boneh

Secure Multi-Party Computation (SMPC) allows a set of parties to securely compute a functionality in a distributed fashion without the need for any trusted external party. Usually, it is assumed that the parties know each other and have…

Cryptography and Security · Computer Science 2023-01-20 Malte Breuer , Ulrike Meyer , Susanne Wetzel

This paper introduces BAKUP, a smart contract insurance design for decentralized finance users to mitigate risks arising from platform vulnerabilities. While providing automated claim payout, BAKUP utilizes a modular structure to harmonize…

Computational Engineering, Finance, and Science · Computer Science 2024-10-15 Srisht Fateh Singh , Panagiotis Michalopoulos , Andreas Veneris

Decentralized Finance (DeFi) services are moving traditional financial operations to the Internet of Value (IOV) by exploiting smart contracts, distributed ledgers, and clever heterogeneous transactions among different protocols. The…

General Economics · Economics 2023-07-18 Teng Andrea Xu , Jiahua Xu

The recent adoption of blockchain technologies and open permissionless networks suggest the importance of peer-to-peer atomic cross-chain transaction protocols. Users should be able to atomically exchange tokens and assets without depending…

Databases · Computer Science 2021-03-30 Victor Zakhary , Divyakant Agrawal , Amr El Abbadi

Atomic swaps enable the transfer of value between the cryptocurrencies of various blockchains without the need to trust an intermediary. In this paper, we propose the concept of atomic loans, which utilize atomic swap technology to allow…

Cryptography and Security · Computer Science 2019-01-17 Matthew Black , TingWei Liu , Tony Cai

We present a measurement study on compositions of Decentralized Finance protocols, which aim to disrupt traditional finance and offer services on top of distributed ledgers, such as Ethereum. DeFi compositions may impact the development of…

Cryptography and Security · Computer Science 2022-10-03 Stefan Kitzler , Friedhelm Victor , Pietro Saggese , Bernhard Haslhofer

Bitcoin, the first peer-to-peer electronic cash system, opened the door to permissionless, private, and trustless transactions. Attempts to repurpose Bitcoin's underlying blockchain technology have run up against fundamental limitations to…

Cryptography and Security · Computer Science 2017-02-01 Johnny Dilley , Andrew Poelstra , Jonathan Wilkins , Marta Piekarska , Ben Gorlick , Mark Friedenbach

The evolution of blockchain technology, from its origins as a decentralized ledger for cryptocurrencies to its broader applications in areas like decentralized finance (DeFi), has significantly transformed financial ecosystems while…

Distributed, Parallel, and Cluster Computing · Computer Science 2026-03-04 Daniil Vostrikov , Yash Madhwal , Andrey Seoev , Anastasiia Smirnova , Yury Yanovich , Alexey Smirnov , Vladimir Gorgadze

Multi-Party Quantum Computation (MPQC) has attracted a lot of attention as a potential killer-app for quantum networks through it's ability to preserve privacy and integrity of the highly valuable computations they would enable.…

Quantum Physics · Physics 2023-04-18 Theodoros Kapourniotis , Elham Kashefi , Luka Music , Harold Ollivier

The rapid development of Internet of Things (IoT) technology has led to growing concerns about data security and user privacy in the interactions within distributed systems. Decentralized Applications (DApps) in distributed systems consist…

Cryptography and Security · Computer Science 2026-01-13 Xiangyu Liu , Brian Lee , Yuansong Qiao

Digital transactions currently exceed trillions of dollars annually, yet traditional paper-based agreements remain a bottleneck for automation, enforceability, and dispute resolution. Natural language contracts introduce ambiguity, require…

Cryptography and Security · Computer Science 2025-10-24 To-Wen Liu , Matthew Green

In this paper, we construct a decentralized clearing mechanism which endogenously and automatically provides a claims resolution procedure. This mechanism can be used to clear a network of obligations through blockchain. In particular, we…

Risk Management · Quantitative Finance 2022-01-11 Hamed Amini , Maxim Bichuch , Zachary Feinstein

We propose Tyche, a family of protocols for performing practically (as well as asymptotically) efficient multiparty lotteries, resistant against aborts and majority coalitions. Our protocols are based on a commit-and-reveal approach,…

Cryptography and Security · Computer Science 2024-09-06 Quentin Kniep , Roger Wattenhofer

Full-packet encryption is a technique used by modern evasive Virtual Private Networks (VPNs) to avoid protocol-based flagging from censorship models by disguising their traffic as random noise on the network. Traditional methods for…

Cryptography and Security · Computer Science 2025-01-08 Amy Iris Parker