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Launching a new blockchain system or application is frequently facilitated by a so called airdrop, where the system designer chooses a pre-existing set of potentially interested parties and allocates newly minted tokens to them with the…

Computer Science and Game Theory · Computer Science 2025-05-07 Sotiris Georganas , Aggelos Kiayias , Paolo Penna

We study a robust, i.e. in presence of malicious participants, multi-agent multi-armed bandit problem where multiple participants are distributed on a fully decentralized blockchain, with the possibility of some being malicious. The rewards…

Machine Learning · Computer Science 2024-07-29 Mengfan Xu , Diego Klabjan

Blockchains rely on economic incentives to ensure secure and decentralised operation, making incentive compatibility a core design concern. However, protocols are rarely deployed in isolation. Applications interact with the underlying…

Computer Science and Game Theory · Computer Science 2026-04-08 Zeta Avarikioti , Georg Fuchsbauer , Pim Keer , Matteo Maffei , Fabian Regen

Proof-of-stake (PoS) is a promising approach for designing efficient blockchains, where block proposers are randomly chosen with probability proportional to their stake. A primary concern with PoS systems is the "rich getting richer"…

Cryptography and Security · Computer Science 2018-10-17 Giulia Fanti , Leonid Kogan , Sewoong Oh , Kathleen Ruan , Pramod Viswanath , Gerui Wang

Peer-review is a necessary and essential quality control step for scientific publications but lacks proper incentives. Indeed, the process, which is very costly in terms of time and intellectual investment, not only is not remunerated by…

Digital Libraries · Computer Science 2021-03-17 Bianca Trovò , Nazzareno Massari

This thesis introduces a formal general framework for scaling blockchain protocols by sharding. The framework is modular and it can be adjusted for different needs or sets of assumptions. We prove that sharded protocols obtained by…

Cryptography and Security · Computer Science 2019-09-04 Zuphit Fidelman

Sharding is used to improve the scalability and performance of blockchain systems. We investigate the stability of blockchain sharding, where transactions are continuously generated by an adversarial model. The system consists of $n$…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-04-23 Ramesh Adhikari , Costas Busch , Dariusz R. Kowalski

Since the invention of Bitcoin one decade ago, numerous cryptocurrencies have sprung into existence. Among these, proof-of-work is the most common mechanism for achieving consensus, whilst a number of coins have adopted "ASIC-resistance" as…

Computers and Society · Computer Science 2019-07-05 Dimitris Karakostas , Aggelos Kiayias , Christos Nasikas , Dionysis Zindros

Blockchain technology offers a decentralized and secure method for storing and authenticating data, rendering it well-suited for various applications such as digital currencies, supply chain management, and voting systems. However, the…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-04-25 Mohammad R. Shakournia , Pooya Jamshidi , Hamid Reza Faragardi , Nasser Yazdani

In an age where sustainability is of paramount importance, the significance of both high-performance computing and intelligent algorithms cannot be understated. Yet, these domains often demand hefty computational power, translating to…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-12-01 Murat Yaslioglu

Smart contract-enabled blockchains allow building decentralized applications in which mutually-distrusted parties can work together. Recently, oracle services emerged to provide these applications with real-world data feeds. Unfortunately,…

Computer Science and Game Theory · Computer Science 2021-12-24 Z. Motaqy , G. Almashaqbeh , B. Bahrak , N. Yazdani

Due to its security, transparency, and flexibility in verifying virtual assets, blockchain has been identified as one of the key technologies for Metaverse. Unfortunately, blockchain-based Metaverse faces serious challenges such as massive…

Cryptography and Security · Computer Science 2023-05-02 Cong T. Nguyen , Dinh Thai Hoang , Diep N. Nguyen , Yong Xiao , Dusit Niyato , Eryk Dutkiewicz

As a fundraising method, Initial Coin Offering (ICO) has raised billions of dollars for thousands of startups in the past two years. Existing ICO mechanisms place more emphasis on the short-term benefits of maximal fundraising while…

Computer Science and Game Theory · Computer Science 2020-02-27 Mingyu Guo , Zhenghui Wang , Yuko Sakurai

In blockchain systems, the design of transaction fee mechanisms is essential for stability and satisfaction for both miners and users. A recent work has proven the impossibility of collusion-proof mechanisms that achieve both non-zero miner…

Computer Science and Game Theory · Computer Science 2024-12-25 Xi Chen , David Simchi-Levi , Zishuo Zhao , Yuan Zhou

We present an example where a distributed coordinated protocol supported by a blockchain-enabled monetary mechanism leads to achieving optimal information theoretic degrees of freedom gains. The considered setting is that of a linear…

Information Theory · Computer Science 2018-08-07 Aly El Gamal , Hesham El Gamal

We describe an incentive system for distributed deep learning of foundational models where peers are rewarded for contributions. The incentive system, \textit{Gauntlet}, has been deployed on the bittensor blockchain and used to train a 1.2B…

Machine Learning · Computer Science 2025-05-29 Joel Lidin , Amir Sarfi , Evangelos Pappas , Samuel Dare , Eugene Belilovsky , Jacob Steeves

Crowdsourcing websites (e.g. Yahoo! Answers, Amazon Mechanical Turk, and etc.) emerged in recent years that allow requesters from all around the world to post tasks and seek help from an equally global pool of workers. However, intrinsic…

Artificial Intelligence · Computer Science 2011-08-11 Yu Zhang , Mihaela van der Schaar

Blockchains have recently gained popularity thanks to their ability to record "digital truth". They are designed to keep persistence, security, and avoid attacks which is useful for many applications. However, they are still problematic in…

Cryptography and Security · Computer Science 2019-01-14 David Amar , Lior Zilpa

The rise of blockchain-based cryptocurrencies has led to an explosion of services using distributed ledgers as their underlying infrastructure. However, due to inherently single-service oriented blockchain protocols, such services can bloat…

Cryptography and Security · Computer Science 2016-11-22 Adem Efe Gencer , Robbert van Renesse , Emin Gün Sirer

Currently, there is no universal method to track who shared what, with whom, when and for what purposes in a verifiable way to create an individual incentive for data owners. A platform that allows data owners to control, delete, and get…

Cryptography and Security · Computer Science 2025-10-29 Ajay Kumar Shrestha , Julita Vassileva