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This paper is concerned with the problem of controlling a system of constrained dynamic subsystems in a way that balances the performance degradation of decentralized control with the practical cost of centralized control. We propose a…

Systems and Control · Electrical Eng. & Systems 2020-01-29 Pablo R Baldivieso-Monasterios , Paul A Trodden

This paper presents a comprehensive comparative analysis of two dominant blockchain consensus mechanisms, Proof of Work (PoW) and Proof of Stake (PoS), evaluated across seven critical metrics: energy use, security, transaction speed,…

Cryptography and Security · Computer Science 2025-11-24 Kaeli Andrews , Linh B. Ngo , Md Amiruzzaman

Blockchain introduces decentralized trust in peer-to-peer networks, advancing security and democratizing systems. Yet, a unified definition for decentralization remains elusive. Our Systematization of Knowledge (SoK) seeks to bridge this…

General Economics · Economics 2023-08-21 Luyao Zhang , Xinshi Ma , Yulin Liu

In this paper, we address the problem of robust stability for uncertain sampled-data systems controlled by a discrete-time disturbance observer (DT-DOB). Unlike most of previous works that rely on the small-gain theorem, our approach is to…

Systems and Control · Electrical Eng. & Systems 2024-12-20 Gyunghoon Park , Chanhwa Lee , Youngjun Joo , Hyungbo Shim

Blockchain systems run consensus rules as code to agree on the state of the distributed ledger and secure the network. Changing these rules can be risky and challenging. In addition, it can often be controversial and take much effort to…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-02-15 Jakob Svennevik Notland , Mariusz Nowostawski , Jingyue Li

The DFINITY blockchain computer provides a secure, performant and flexible consensus mechanism. At its core, DFINITY contains a decentralized randomness beacon which acts as a verifiable random function (VRF) that produces a stream of…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-05-15 Timo Hanke , Mahnush Movahedi , Dominic Williams

Blockchain is a form of distributed ledger technology (DLT) where data is shared among users connected over the internet. Transactions are data state changes on the blockchain that are permanently recorded in a secure and transparent way…

Cryptography and Security · Computer Science 2021-06-18 Amirmohammad Pasdar , Zhongli Dong , Young Choon Lee

Casting a ballot from a phone or laptop sounds appealing, but only if voters can be confident their choice remains secret and results cannot be altered in the dark. This paper proposes a hybrid blockchain-based voting model that stores…

Cryptography and Security · Computer Science 2025-10-02 Yousef Tahboub , Anthony Revilla , Jaydon Lynch , Greg Floyd

We present an experimental study of decentralized two-sided matching markets with no transfers. Experimental participants are informed of everyone's preferences and can make arbitrary non-binding match offers that get finalized when a…

General Economics · Economics 2024-01-22 Federico Echenique , Alejandro Robinson-Cortés , Leeat Yariv

A smart contract is a digital program of transaction protocol (rules of contract) based on the consensus architecture of blockchain. Smart contracts with Blockchain are modern technologies that have gained enormous attention in scientific…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-02-17 Norah M. Alshahrani , M. L. Mat Kiah , B. B. Zaidan , A. H. Alamoodi , Abdu Saif

This study presents a blockchain-based voting system aimed at enhancing election security, transparency, and integrity. Traditional voting methods face growing risks of tampering, making it crucial to explore innovative solutions. Our…

Cryptography and Security · Computer Science 2025-02-25 Suniti Chouhan , Gajanand Sharma

We present a tight analysis for the well-studied randomized 3-majority dynamics of stabilizing consensus, hence answering the main open question of Becchetti et al. [SODA'16]. Consider a distributed system of n nodes, each initially holding…

Distributed, Parallel, and Cluster Computing · Computer Science 2017-05-17 Mohsen Ghaffari , Johannes Lengler

This report explores the often-overlooked cultural and social dynamics shaping participation and power in DAOs. Drawing on qualitative interviews and ethnographic observations, it shows how factors such as financial privilege, informal…

Computers and Society · Computer Science 2025-09-09 Victoria Kozlova , Ben Biedermann

Stablecoins have turned out to be the "killer" use case of the growing digital asset space. However, risk management frameworks, including regulatory ones, have been largely absent. In this paper, we address the critical question of…

Risk Management · Quantitative Finance 2024-01-25 Marcel Bluhm , Adrian Cachinero Vasiljević , Sébastien Derivaux , Søren Terp Hørlück Jessen

This work mainly addresses continuous-time multiagent consensus networks where an adverse attacker affects the convergence performances of said protocol. In particular, we develop a novel secure-by-design approach in which the presence of a…

Systems and Control · Electrical Eng. & Systems 2025-01-30 Marco Fabris , Daniel Zelazo

Decentralization initiatives like Solid enable data owners to control who has access to their data and to stimulate innovation by creating both application and data markets. Once data owners share their data with others, though, it is no…

Multiagent Systems · Computer Science 2023-10-10 Davide Basile , Claudio Di Ciccio , Valerio Goretti , Sabrina Kirrane

The Decentralized-Consistent-Scale (DCS) Triangle defines three dimensions that illustrate the tradeoffs of the blockchain consensus mechanism. In this paper, we propose a new hybrid consensus protocol, called Deterministic Proof of Work…

Cryptography and Security · Computer Science 2018-11-15 Zhuan Cheng , Gang Wu , Hao Wu , Muxing Zhao , Liang Zhao , Qingfeng Cai

The blockchain paradigm provides a mechanism for content dissemination and distributed consensus on Peer-to-Peer (P2P) networks. While this paradigm has been widely adopted in industry, it has not been carefully analyzed in terms of its…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-12-22 Aditya Gopalan , Abishek Sankararaman , Anwar Walid , Sriram Vishwanath

The diffusion of opinions in Social Networks is a relevant process for adopting positions and attracting potential voters in political campaigns. Opinion polarization, bias, targeted diffusion, and the radicalization of postures are key…

Physics and Society · Physics 2022-01-10 Didier A. Vega-Oliveros , Helder L. C. Grande , Flavio Iannelli , Federico Vazquez

In this paper, we consider lightweight decentralised algorithms for achieving consensus in distributed systems. Each member of a distributed group has a private value from a fixed set consisting of, say, two elements, and the goal is for…

Probability · Mathematics 2013-11-20 James Cruise , Ayalvadi Ganesh