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A significant portion of research on distributed ledgers has focused on circumventing the limitations of leader-based blockchains mainly in terms of scalability, decentralization and power consumption. Leaderless architectures based on…

Networking and Internet Architecture · Computer Science 2023-07-18 Darcy Camargo , Luigi Vigneri , Andrew Cullen

This paper discusses congestion control and inconsistency problems in DAG-based distributed ledgers and proposes an additional filter to mitigate these issues. Unlike traditional blockchains, DAG-based DLTs use a directed acyclic graph…

Cryptography and Security · Computer Science 2023-05-11 Lianna Zhao , Andrew Cullen , Sebastian Müller , Olivia Saa , Robert Shorten

Access control is a fundamental component of the design of distributed ledgers, influencing many aspects of their design, such as fairness, efficiency, traditional notions of network security, and adversarial attacks such as…

Cryptography and Security · Computer Science 2021-07-22 Lianna Zhao , Luigi Vigneri , Andrew Cullen , William Sanders , Pietro Ferraro , Robert Shorten

Order fairness in distributed ledgers refers to properties that relate the order in which transactions are sent or received to the order in which they are eventually finalized, i.e., totally ordered. The study of such properties is…

Cryptography and Security · Computer Science 2025-03-18 Erwan Mahe , Sara Tucci-Piergiovanni

Bitcoin is a decentralised digital currency that serves as an alternative to existing transaction systems based on an external central authority for security. Although Bitcoin has many desirable properties, one of its fundamental…

Cryptography and Security · Computer Science 2019-10-07 Georgios Birmpas , Elias Koutsoupias , Philip Lazos , Francisco J. Marmolejo-Cossío

The growing number of applications for distributed ledger technologies is driving both industry and academia to solve the limitations of blockchain, particularly its scalability issues. Recent distributed ledger technologies have replaced…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-01-23 Bartosz Kusmierz , William Sanders , Andreas Penzkofer , Angelo Capossele , Alon Gal

Blockchain and other decentralized databases, known as distributed ledgers, are designed to store information online where all trusted network members can update the data with transparency. The dynamics of ledger's development can be…

Probability · Mathematics 2025-08-28 Jiewei Feng , Christopher King , Ken R. Duffy

In this paper we present a feedback approach to the design of an attack mitigation policy for DAG-based Distributed Ledgers. We develop a model to analyse the behaviour of the ledger under the so called Tips Inflation Attack and we design a…

Systems and Control · Electrical Eng. & Systems 2022-04-26 Pietro Ferraro , Andreas Penzkofer , Christopher King , Robert Shorten

Distributed ledgers, including blockchain and other decentralized databases, are designed to store information online where all trusted network members can update the data with transparency. The dynamics of ledger's development can be…

Probability · Mathematics 2026-03-10 Jiewei Feng , Christopher King

In distributed ledger technologies (DLTs) with a directed acyclic graph (DAG) data structure, a block-issuing node can decide where to append new blocks and, consequently, how the DAG grows. This DAG data structure is typically decomposed…

Directed Acyclic Graph (DAG) based Distributed Ledgers can be useful in a number of applications in the IoT domain. A distributed ledger should serve as an immutable and irreversible record of transactions, however, a DAG structure is a…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-11-11 Andrew Cullen , Pietro Ferraro , Christopher King , Robert Shorten

This paper introduces a novel architecture for a distributed ledger, commonly referred to as a "blockchain", which is organized in the form of directed acyclic graph (DAG) with UTXO transactions as vertices, rather than as a chain of…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-10-14 Evaldas Drasutis

Directed Acylic Graphs (DAGs) are emerging as an attractive alternative to traditional blockchain architectures for distributed ledger technology (DLT). In particular DAG ledgers with stochastic attachment mechanisms potentially offer many…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-11-13 Pietro Ferraro , Christopher King , Robert Shorten

In the past decade, blockchain has emerged as a promising solution for building secure distributed ledgers and has attracted significant attention. However, current blockchain systems suffer from limited throughput, poor scalability, and…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-08-07 Tayyaba Noreen , Qiufen Xia , Muhammad Zeeshan Haider

Blockchain is maintained as a global log between a network of nodes and uses cryptographic distributed protocols to synchronize the updates. As adopted by Bitcoin and Ethereum these update operations to the ledger are serialized, and…

Cryptography and Security · Computer Science 2019-10-25 Himanshu Gupta , Dharanipragada Janakiram

Distributed Ledger Technologies provide a mechanism to achieve ordering among transactions that are scattered on multiple participants with no prerequisite trust relations. This mechanism is essentially based on the idea of new transactions…

Probability · Mathematics 2021-10-01 Christian Mönch , Amr Rizk

Several blockchain consensus protocols proposed to use of Directed Acyclic Graphs (DAGs) to solve the limited processing throughput of traditional single-chain Proof-of-Work (PoW) blockchains. Many such protocols utilize a random…

Cryptography and Security · Computer Science 2023-05-29 Martin Perešíni , Ivan Homoliak , Federico Matteo Benčić , Martin Hrubý , Kamil Malinka

Direct Acyclic Graph (DAG)-based ledger and the corresponding consensus algorithm has been identified as a promising technology for Internet of Things (IoT). Compared with Proof-of-Work (PoW) and Proof-of-Stake (PoS) that have been widely…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-05-19 Yixin Li , Bin Cao , Mugen Peng , Long Zhang , Lei Zhang , Daquan Feng , Jihong Yu

Directed Acyclic Graph (DAG) is a popular approach to achieve scalability of blockchain networks. Due to its high efficiency in data communication and great scalability, DAG has been widely adopted in many applications such as Internet of…

Networking and Internet Architecture · Computer Science 2022-07-12 Canhui Chen , Xu Chen , Zhixuan Fang

The rise of crypto-currencies has spawned great interest in their underlying technology, namely, Blockchain. The central component in a Blockchain is a shared distributed ledger. A ledger comprises series of blocks, which in turns contains…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-05-04 Qi Zhang , Petr Novotny , Salman Baset , Donna Dillenberger , Artem Barger , Yacov Manevich
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