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Research in blockchain systems has mainly focused on improving security and bridging the performance gaps between blockchains and databases. Despite many promising results, we observe a worrying trend that the blockchain landscape is…

Databases · Computer Science 2019-10-23 Tien Tuan Anh Dinh , Anwitaman Datta , Beng Chin Ooi

Modern distributed data management systems face a new challenge: how can autonomous, mutually-distrusting parties cooperate safely and effectively? Addressing this challenge brings up questions familiar from classical distributed systems:…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-10-16 Maurice Herlihy , Barbara Liskov , Liuba Shrira

Inspired by Bitcoin, many different kinds of cryptocurrencies based on blockchain technology have turned up on the market. Due to the special structure of the blockchain, it has been deemed impossible to directly trade between traditional…

Cryptography and Security · Computer Science 2020-05-08 Hangyu Tian , Kaiping Xue , Shaohua Li , Jie Xu , Jianqing Liu , Jun Zhao

Most modern electronic devices can produce a random number. However, it is difficult to see how a group of mutually distrusting entities can have confidence in any such hardware-produced stream of random numbers, since the producer could…

Cryptography and Security · Computer Science 2019-06-27 Peter Mell , John Kelsey , James Shook

Smart contracts are self-executing programs on a blockchain to ensure immutable and transparent agreements without the involvement of intermediaries. Despite the growing popularity of smart contracts for many blockchain platforms like…

Software Engineering · Computer Science 2023-03-27 Taeyoung Kim , Yunhee Jang , Chanjong Lee , Hyungjoon Koo , Hyoungshick Kim

A Coordination Blockchain is a blockchain with the task of coordinating activities of multiple private blockchains. This paper discusses the pros and cons of using Ethereum MainNet, the public Ethereum blockchain, as a Coordination…

Cryptography and Security · Computer Science 2019-06-17 Peter Robinson

Ensuring security for highly dynamic peer-to-peer (P2P) networks has always been a challenge, especially for services like online transactions and smart devices. These networks experience high churn rates, making it difficult to maintain…

Cryptography and Security · Computer Science 2024-12-06 Saurav Ghosh , Reshmi Mitra , Indranil Roy , Bidyut Gupta

Quorum is a permissioned blockchain platform built from the Ethereum codebase with adaptations to make it a permissioned consortium platform. It is one of the key contenders in the permissioned ledger space. Quorum supports confidentiality…

Cryptography and Security · Computer Science 2018-09-11 Arati Baliga , I Subhod , Pandurang Kamat , Siddhartha Chatterjee

Blockchain technologies are facing a scalability challenge, which must be overcome to guarantee a wider adoption of the technology. This scalability issue is due to the use of consensus algorithms to guarantee the total order of the chain…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-02-10 Margarita Capretto , Martín Ceresa , Antonio Fernández Anta , Antonio Russo , César Sánchez

This paper investigates how pricing schemes can achieve efficient allocations in blockchain systems featuring multiple transaction queues under a global capacity constraint. I model a capacity-constrained blockchain where users submit…

General Economics · Economics 2025-02-26 Abdoulaye Ndiaye

Blockchains such as Bitcoin and Ethereum execute payment transactions securely, but their performance is limited by the need for global consensus. Payment networks overcome this limitation through off-chain transactions. Instead of writing…

Cryptography and Security · Computer Science 2019-10-29 Joshua Lind , Oded Naor , Ittay Eyal , Florian Kelbert , Peter Pietzuch , Emin Gun Sirer

In an increasingly complex contractual landscape, the demand for transparency, security, and efficiency has intensified. Blockchain technology, with its decentralized and immutable nature, addresses these challenges by reducing intermediary…

Cryptography and Security · Computer Science 2025-07-23 Lambard Maxence , Bertelle Cyrille , Duvallet Claude

Fueled by the growing popularity of proof-of-stake blockchains, there has been increasing interest and progress in permissioned consensus protocols, which could provide a simpler alternative to existing protocols, such as Paxos and PBFT. In…

Cryptography and Security · Computer Science 2024-01-18 Vivek Karihaloo , Ruchi Shah , Panruo Wu , Aron Laszka

Delegation of cryptographic signing rights has found many application in the literature and the real world. However, despite very advanced functionalities and specific use cases, existing solutions share the natural limitation that the…

Cryptography and Security · Computer Science 2022-10-07 Stephan Krenn , Thomas Lorünser

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,…

Computers and Society · Computer Science 2018-01-10 Munindar P. Singh , Amit K. Chopra

Since it takes time and effort to put a new product or service on the market, one would like to predict whether it will be a success. In general this is not possible, but it is possible to follow best practices in order to maximise the…

Software Engineering · Computer Science 2019-09-02 Pieter Hartel , Ivan Homoliak , Daniël Reijsbergen

As the significance of blockchain innovation grows and the focus on scalability intensifies, rollup technology has emerged as a promising approach to tackle these scalability concerns. Nonetheless, rollups encounter restrictions when…

Cryptography and Security · Computer Science 2023-06-01 Hyun Jeong , Hyemin Lee

The current electricity networks were not initially designed for the high integration of variable generation technologies. They suffer significant losses due to the combustion of fossil fuels, the long-distance transmission, and…

Multiagent Systems · Computer Science 2022-01-14 Guilherme Vieira , Jie Zhang

Blockchain is a novel technology that is rising a lot of interest in the industrial and re- search sectors because its properties of decentralisation, immutability and data integrity. Initially, the underlying consensus mechanism has been…

Cryptography and Security · Computer Science 2018-05-10 Stefano De Angelis

Blockchain is the underlying technology for cryptocurrencies such as Bitcoin. Blockchain is a robust distributed ledger that uses consensus algorithms to approve transactions in a decentralized manner, making malicious tampering extremely…

Neural and Evolutionary Computing · Computer Science 2024-05-08 Atsushi Masumori , Norihiro Maruyama , Takashi Ikegami