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Ethereum has undergone a recent change called \textit{the Merge}, which made Ethereum a Proof-of-Stake blockchain, shifting closer to BFT consensus. Ethereum, which wished to keep the best of the two protocol designs (BFT and…

Cryptography and Security · Computer Science 2023-09-15 Ulysse Pavloff , Yackolley Amoussou-Guenou , Sara Tucci-Piergiovanni

Cryptocurrencies are poised to revolutionize the modern economy by democratizing commerce. These currencies operate on top of blockchain-based distributed ledgers. Existing permissionless blockchain-based protocols offer unparalleled…

Cryptography and Security · Computer Science 2022-03-25 Anurag Jain , Sanidhay Arora , Sankarshan Damle , Sujit Gujar

The blockchain technology empowers secure, trustless, and privacy-preserving trading with cryptocurrencies. However, existing blockchain-based trading platforms only support trading cryptocurrencies with digital assets (e.g., NFTs).…

Cryptography and Security · Computer Science 2022-06-16 Shuhao Zheng , Junliang Luo , Erqun Dong , Can Chen , Xue Liu

In this paper, we present a protocol for facilitating trust-less cross-chain cryptocurrency transfers that preserve privacy of bridge withdrawals. We leverage zero-knowledge primitives that are commonly used to design cryptocurrency mixing…

Cryptography and Security · Computer Science 2021-02-10 Drew Stone

Consensus protocols are currently the bottlenecks that prevent blockchain systems from scaling. However, we argue that transaction execution is also important to the performance and security of blockchains. In other words, there are ample…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-07-15 Daniël Reijsbergen , Tien Tuan Anh Dinh

Zero-Knowledge Proof-of-Identity from trusted public certificates (e.g., national identity cards and/or ePassports; eSIM) is introduced here to permissionless blockchains in order to remove the inefficiencies of Sybil-resistant mechanisms…

Cryptography and Security · Computer Science 2024-09-17 David Cerezo Sánchez

Peer-discovery protocols within P2P networks are often vulnerable: because creating network identities is essentially free, adversaries can eclipse honest nodes or partition the overlay. This threat is especially acute for blockchains,…

Cryptography and Security · Computer Science 2026-03-26 Kaya Alpturer , Constantine Doumanidis , Aviv Zohar

Online advertising fuels the (seemingly) free internet. However, although users can access most of the web services free of charge, they pay a heavy coston their privacy. They are forced to trust third parties and intermediaries, who not…

Cryptography and Security · Computer Science 2021-06-04 Gonçalo Pestana , Iñigo Querejeta-Azurmendi , Panagiotis Papadopoulos , Benjamin Livshits

A problem of developing the consensus protocols in public blockchain systems which spend a combination of energy and space resources is addressed. A technique is proposed that provides a flexibility for selection of the energy and space…

Cryptography and Security · Computer Science 2019-11-19 Miodrag J. Mihaljevic

In the paper, we present designs for multiple blockchain consensus primitives and a novel blockchain system, all based on the use of trusted execution environments (TEEs), such as Intel SGX-enabled CPUs. First, we show how using TEEs for…

Cryptography and Security · Computer Science 2017-03-17 Mitar Milutinovic , Warren He , Howard Wu , Maxinder Kanwal

Bitcoin and many other similar Cryptocurrencies have been in existence for over a decade, prominently focusing on decentralized, pseudo-anonymous ledger-based transactions. Many protocol improvements and changes have resulted in new…

Cryptography and Security · Computer Science 2024-09-10 Chaitanya Rahalkar , Anushka Virgaonkar

User transactions on Ethereum's peer-to-peer network are at risk of being attacked. The smart contracts building decentralized finance (DeFi) have introduced a new transaction ordering dependency to the Ethereum blockchain. As a result,…

Cryptography and Security · Computer Science 2022-09-23 Lioba Heimbach , Roger Wattenhofer

Proposer anonymity in Proof-of-Stake (PoS) blockchains is a critical concern due to the risk of targeted attacks such as malicious denial-of-service (DoS) and censorship attacks. While several Secret Single Leader Election (SSLE) mechanisms…

Cryptography and Security · Computer Science 2025-09-30 Tereza Burianová , Martin Perešíni , Ivan Homoliak

Online advertising fuels the (seemingly) free internet. However, although users can access most websites free of charge, they need to pay a heavy cost on their privacy and blindly trust third parties and intermediaries that absorb great…

Cryptography and Security · Computer Science 2020-08-05 Gonçalo Pestana , Iñigo Querejeta-Azurmendi , Panagiotis Papadopoulos , Benjamin Livshits

Remote voting has become more critical in recent years, especially after the Covid-19 outbreak. Blockchain technology and its benefits like decentralization, security, and transparency have encouraged remote voting systems to use…

Cryptography and Security · Computer Science 2022-11-10 Ceyhun Onur , Arda Yurdakul

Ethereum is the largest public blockchain by usage. It applies an account-based model, which is inferior to Bitcoin's unspent transaction output model from a privacy perspective. Due to its privacy shortcomings, recently several…

Cryptography and Security · Computer Science 2020-10-14 Ferenc Béres , István András Seres , András A. Benczúr , Mikerah Quintyne-Collins

Blockchain consensus is a state whereby each node in a network agrees on the current state of the blockchain. Existing protocols achieve consensus via a contest or voting procedure to select one node as a dictator to propose new blocks.…

Theoretical Economics · Economics 2022-06-22 Joshua S. Gans , Richard Holden

Client diversity is a cornerstone of blockchain resilience, yet most networks suffer from a dangerously skewed distribution of client implementations. This monoculture exposes the network to very risky scenarios, such as massive financial…

Software Engineering · Computer Science 2025-10-27 Javier Ron , Zheyuan He , Martin Monperrus

Blockchains such as Bitcoin and Ethereum execute payment transactions securely, but their performance is limited by the need for global consensus. Payment networks overcome this limitation through off-chain transactions. Instead of writing…

Cryptography and Security · Computer Science 2019-10-29 Joshua Lind , Oded Naor , Ittay Eyal , Florian Kelbert , Peter Pietzuch , Emin Gun Sirer

Digital money can be implemented efficiently by avoiding consensus. However, no-consensus implementations have drawbacks, as they cannot support smart contracts, and (even more fundamentally) they cannot deal with conflicting transactions.…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-10-05 Jakub Sliwinski , Yann Vonlanthen , Roger Wattenhofer