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Permisionless decentralized ledgers ("blockchains") such as the one underlying the cryptocurrency Bitcoin allow anonymous participants to maintain the ledger, while avoiding control or "censorship" by any single entity. In contrast,…

Distributed, Parallel, and Cluster Computing · Computer Science 2016-06-27 Maurice Herlihy , Mark Moir

The application of Bitcoin enables people to understand blockchain technology gradually. Bitcoin is a decentralized currency that does not rely on third-party credit institutions, and the core of Bitcoin's underlying technology is…

Cryptography and Security · Computer Science 2025-04-15 Yuhuan Yang , Shipeng Ye , Xiaoqi Li

Blockchain-based systems are frequently governed through tokens that grant their holders voting rights over core protocol functions and funds. The centralisation occurring in Decentralised Finance (DeFi) protocols' token-based voting…

Computational Engineering, Finance, and Science · Computer Science 2025-02-04 Thomas Eisermann , Carlo Campajola , Claudio J. Tessone , Andreia Sofia Teixeira

Proponents of blockchains believe that this technology will revolutionize e-commerce. To evaluate this belief, we invite several groups of students to transact on a decentralized peer-to-peer marketplace built on the platform provided by…

General Economics · Economics 2025-02-14 David Lee Kuo Chuen , Yang Li , Weibiao Xu , Willy Zhao

Blockchain technology has revolutionized the digital landscape, driving innovations across industries through its decentralized and transparent infrastructure. These networks are primarily categorized as public or private, based on user…

Cryptography and Security · Computer Science 2026-03-10 Mohammad Pishdar , Jawad Manzoor

Distributed consensus mechanisms have been widely researched and made popular with a number of blockchain-based token applications, such as Bitcoin, and Ethereum. Although these general-purpose platforms have matured for scale and security,…

Cryptography and Security · Computer Science 2020-04-28 Steven Platt , Miquel Oliver-Riera

Blockchain is challenging the status quo of the central trust infrastructure currently prevalent in the Internet towards a design principle that is underscored by decentralization, transparency, and trusted auditability. In ideal terms,…

Blockchain has come a long way: a system that was initially proposed specifically for cryptocurrencies is now being adapted and adopted as a general-purpose transactional system. As blockchain evolves into another data management system,…

Databases · Computer Science 2021-01-18 Pingcheng Ruan , Tien Tuan Anh Dinh , Dumitrel Loghin , Meihui Zhang , Gang Chen , Qian Lin , Beng Chin Ooi

With the introduction of the term blockchain in 2008, its interest has been increasing in the community since the idea was coined. The reason for this interest is because it provides anonymity, security and integrity without any central…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-03-28 Zuhaib Akhtar

The concept of a decentralized ledger usually implies that each node of a blockchain network stores the entire blockchain. However, in the case of popular blockchains, which each weigh several hundreds of GB, the large amount of data to be…

Cryptography and Security · Computer Science 2018-05-03 Doriane Perard , Jérôme Lacan , Yann Bachy , Jonathan Detchart

The specification and enforcement of network-wide policies in a single administrative domain is common in today's networks and considered as already resolved. However, this is not the case for multi-administrative domains, e.g. among…

Networking and Internet Architecture · Computer Science 2019-01-14 Jordi Paillisse , Jordi Subira , Albert Lopez , Alberto Rodriguez-Natal , Vina Ermagan , Fabio Maino , Albert Cabellos

Chainspace is a decentralized infrastructure, known as a distributed ledger, that supports user defined smart contracts and executes user-supplied transactions on their objects. The correct execution of smart contract transactions is…

Cryptography and Security · Computer Science 2017-08-15 Mustafa Al-Bassam , Alberto Sonnino , Shehar Bano , Dave Hrycyszyn , George Danezis

Blockchain, Smart Contracts and Distributed Ledger Technology (DLT) are being touted to revolutionise digital services - through decentralisation. Cryptocurrencies, self-sovereign identities, decentralised certificate registries, and…

Computers and Society · Computer Science 2019-11-01 Joshua Ellul , Gordon Pace

In the context of Multi-access Edge Computing (MEC), the task sharing mechanism among edge servers is an activity of vital importance for speeding up the computing process and thereby improve user experience. The distributed resources in…

Networking and Internet Architecture · Computer Science 2020-06-26 Angelo Vera Rivera , Ahmed Refaey , Ekram Hossain

The state-of-the-art approach to manage blockchains is to process blocks of transactions in a shared-nothing environment. Although blockchains have the potential to provide various services for high-performance computing (HPC) systems, HPC…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-01-22 Abdullah Al-Mamun , Dongfang Zhao

Blockchain promises to make online services more fault tolerant due to their inherent distributed nature. Their ability to execute arbitrary programs in different geo-distributed regions and on diverse operating systems make them an…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-09-23 Vincent Gramoli , Rachid Guerraoui , Andrei Lebedev , Gauthier Voron

A lot of business and research effort currently deals with the so called decentralised ledger technology blockchain. Putting it to use carries the tempting promise to make the intermediaries of social interactions superfluous and…

Computers and Society · Computer Science 2024-05-13 Rainer Rehak

Blockchain technology is widely used in various fields due to its ability to provide decentralization and trustless security. This is a fundamental understanding held by many advocates, but it is misunderstood, leading participants to fail…

Cryptography and Security · Computer Science 2026-02-02 Chunyi Zhang , Fengjiao Dou , Xiaoqi Li

As blockchains continue to seek to scale to a larger number of nodes, the communication complexity of protocols has become a significant priority as the network can quickly become overburdened. Several schemes have attempted to address…

Information Theory · Computer Science 2023-05-11 Ilan Tennenhouse , Netanel Raviv

Blockchain is a technology uniquely suited to support massive number of transactions and smart contracts within the Internet of Things (IoT) ecosystem, thanks to the decentralized accounting mechanism. In a blockchain network, the states of…

Information Theory · Computer Science 2018-02-13 Pietro Danzi , Anders Ellersgaard Kalør , Čedomir Stefanović , Petar Popovski
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