Related papers: Analyzing Geospatial Distribution in Blockchains
Bitcoin introduced delegation of control over a monetary system from a select few to all who participate in that system. This delegation is known as the decentralization of controlling power and is a powerful security mechanism for the…
Edge computing is a distributed computing paradigm that relies on computational resources of end devices in a network to bring benefits such as low bandwidth utilization, responsiveness, scalability and privacy preservation. Applications…
This study, to the best of our knowledge for the first time, delves into the spatiotemporal dynamics of Bitcoin transactions, shedding light on the scaling laws governing its geographic usage. Leveraging a dataset of IP addresses and…
Blockchain technology has emerged as a transformative paradigm for decentralized and secure data management across diverse application domains, including healthcare, supply chain management, and the Internet of Things. Its core features,…
The first obstacle that regular users encounter when setting up a node for a public blockchain is the time taken for downloading all the data needed for the node to start operating correctly. In fact, this may last from hours to weeks for…
Recent advances in blockchain technologies have provided exciting opportunities for decentralized applications. Specifically, blockchain-based smart contracts enable credible transactions without authorized third parties. The attractive…
Blokchain is a promising technology to enable distributed and reliable data sharing at the network edge. The high security in blockchain is undoubtedly a critical factor for the network to handle important data item. On the other hand,…
The applications of the blockchain technology are still being discov-ered. When a new potential disruptive technology emerges, there is a tendency to try to solve every problem with that technology. However, it is still necessary to…
Blockchain has become a popular emergent technology in many industries. It is suitable for a broad range of applications, from its base role as an immutable distributed ledger to the deployment of distributed applications. Many…
Blockchain has attracted much attention from both academia and industry since emerging in 2008. Due to the inconvenience of the deployment of large-scale blockchains, blockchain simulators are used to facilitate blockchain design and…
Permissioned blockchains have been proposed for a variety of use cases that require decentralization yet address enterprise requirements that permissionless blockchains to date cannot satisfy -- particularly in terms of performance.…
Decentralization is a foundational principle of permissionless blockchains, with consensus mechanisms serving a critical role in its realization. This study quantifies the decentralization of consensus mechanisms in proof-of-stake (PoS)…
In China's Greater Bay Area (Guangdong-Hong Kong-Macao), the increasing use of Blockchain technology in financial services has the potential to generate benefits for many stakeholders. Blockchains are known for their distinctive features,…
Decentralization is understood both by professionals in the blockchain industry and general users as a core design goal of permissionless ledgers. However, its meaning is far from universally agreed, and often it is easier to get opinions…
We examine blockchain technologies, especially smart contracts, as a platform for decentralized applications. By providing a basis for consensus, blockchain promises to upend business models that presuppose a central authority. However,…
We consider operation of blockchain-based cryptocurrency in case of partitioning. We define the Partitionable Blockchain Consensus Problem. The problem may have an interesting solution if the partitions proceed independently by splitting…
The set of distributed ledger architectures known as blockchain is best known for cryptocurrency applications such as Bitcoin and Ethereum. These permissionless block chains are showing the potential to be disruptive to the financial…
Blockchain technology has become a trusted method for establishing secure and transparent transactions through a distributed, encrypted network. The operation of blockchain is governed by consensus algorithms, among which Proof of Stake…
The aim of this work is to study the use of decentralization and smart contracts on blockchain networks. We investigate the implementation and use of smart contracts on the platforms Bitcoin, Ethereum and Hyperledger Fabric. Additionally,…
The interoperability across multiple or many blockchains would play a critical role in the forthcoming blockchain-based data management paradigm. In particular, how to ensure the ACID properties of those transactions across an arbitrary…