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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

Blockchain systems rely on decentralized ledgers and strong security guarantees. A key requirement is non-repudiation, which prevents denial of transaction authorship and supports integrity of recorded data. This work surveys digital…

Cryptography and Security · Computer Science 2025-10-28 Kaveri Banerjee , Sajal Saha

Blockchain-driven technologies are considered disruptive because of the availability of dis-intermediated, censorship-resistant and tamper-proof digital platforms of distributed trust. Among these technologies, smart contract platforms have…

Computers and Society · Computer Science 2018-03-14 Alexandra Covaci , Simone Madeo , Patrick Motylinski , Stéphane Vincent

Today's blockchain designs suffer from a trilemma claiming that no blockchain system can simultaneously achieve decentralization, security, and performance scalability. For current blockchain systems, as more nodes join the network, the…

Cryptography and Security · Computer Science 2020-01-28 Songze Li , Mingchao Yu , Chien-Sheng Yang , A. Salman Avestimehr , Sreeram Kannan , Pramod Viswanath

Since the creation of Bitcoin 15 years ago, there has been an explosion in the number of permissionless blockchains. Each of these blockchains provides an open ledger that anyone can read from and write to. In this multi-chain world, an…

Cryptography and Security · Computer Science 2024-08-21 Ertem Nusret Tas , David Tse , Yifei Wang

As an append-only distributed database, blockchain is utilized in a vast variety of applications including the cryptocurrency and Internet-of-Things (IoT). The existing blockchain solutions have downsides in communication and storage…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-12-22 Yahya Hassanzadeh-Nazarabadi , Alptekin Küpçü , Öznur Özkasap

The adoption of permissioned blockchain networks in enterprise settings has seen an increase in growth over the past few years. While encouraging, this is leading to the emergence of new data, asset and process silos limiting the potential…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-11-05 Ermyas Abebe , Dushyant Behl , Chander Govindarajan , Yining Hu , Dileban Karunamoorthy , Petr Novotny , Vinayaka Pandit , Venkatraman Ramakrishna , Christian Vecchiola

Blockchain protocols come with a variety of security guarantees. For example, BFT-inspired protocols such as Algorand tend to be secure in the partially synchronous setting, while longest chain protocols like Bitcoin will normally require…

Cryptography and Security · Computer Science 2021-11-08 Andrew Lewis-Pye , Tim Roughgarden

Secure multi-party computation (MPC) is a fundamental problem in secure distributed computing. An MPC protocol allows a set of $n$ mutually distrusting parties to carry out any joint computation of their private inputs, without disclosing…

Cryptography and Security · Computer Science 2022-08-10 Ananya Appan , Anirudh Chandramouli , Ashish Choudhury

The emergence of more and more blockchain solutions with innovative approaches to optimising performance, scalability, privacy and governance complicates performance analysis. Reasons for the difficulty of benchmarking blockchains include,…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-11-28 Frank Christian Geyer , Hans-Arno Jacobsen , Ruben Mayer , Peter Mandl

Interconnected smart vehicles offer a range of sophisticated services that benefit the vehicle owners, transport authorities, car manufacturers and other service providers. This potentially exposes smart vehicles to a range of security and…

Cryptography and Security · Computer Science 2020-06-25 Ali Dorri , Marco Steger , Salil S. Kanhere , Raja Jurdak

Since the inception of Bitcoin, cryptocurrencies and the underlying blockchain technology have attracted an increasing interest from both academia and industry. Among various core components, consensus protocol is the defining technology…

Cryptography and Security · Computer Science 2020-02-21 Yang Xiao , Ning Zhang , Wenjing Lou , Y. Thomas Hou

Due to the increasing dependency of critical infrastructure on synchronized clocks, network time synchronization protocols have become an attractive target for attackers. We identify data origin authentication as the key security objective…

Cryptography and Security · Computer Science 2017-05-31 Robert Annessi , Joachim Fabini , Tanja Zseby

The choice of the consensus method ultimately determines throughput, scalability, tamper resistance, and consistency of a blockchain system. However, across all the types of blockchain (private, semi-private, consortium, or public), there…

Cryptography and Security · Computer Science 2018-11-14 Ernst-Georg Schmid

Blockchain and blockchain-inspired decentralized applications are on the rise thanks to their unique characteristics such as their decentralized nature, anonymity, and tamper-proof nature; however, blockchain transactions tend to experience…

Cryptography and Security · Computer Science 2026-04-08 Yi Lyu

Blockchains were originally designed as closed execution environments and lack the ability to communicate directly with external systems. To overcome this limitation, many blockchains employ relayers, external applications capable of…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-10-17 Joao Otavio Chervinski , Diego Kreutz , Jiangshan Yu

While showing great promise, Bitcoin requires users to wait tens of minutes for transactions to commit, and even then, offering only probabilistic guarantees. This paper introduces ByzCoin, a novel Byzantine consensus protocol that…

Cryptography and Security · Computer Science 2016-08-02 Eleftherios Kokoris-Kogias , Philipp Jovanovic , Nicolas Gailly , Ismail Khoffi , Linus Gasser , Bryan Ford

Blockchain and distributed ledger technologies rely on distributed consensus algorithms. In recent years many consensus algorithms and protocols have been proposed; most of them are for permissioned blockchain networks. However, the…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-01-19 Shiv Sondhi , Sherif Saad , Kevin Shi , Mohammad Mamun , Issa Traore

For permissionless blockchains, scalability is paramount. While current technologies still fail to address this problem fully, many research works propose sharding or other techniques that extensively adopt parallel processing of…

Cryptography and Security · Computer Science 2022-12-23 Andrea Mariani , Gianluca Mariani , Diego Pennino , Maurizio Pizzonia

Blockchain transactions are signed by private keys. Secure key storage and tamper-proof computers are essential requirements for deploying a trusted infrastructure. In this paper, we identify some threats against blockchain wallets and…

Cryptography and Security · Computer Science 2023-03-31 Pascal Urien