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Traditional blockchains grant the miner of a block full control not only over which transactions but also their order. This constitutes a major flaw discovered with the introduction of decentralized finance and allows miners to perform MEV…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-11-07 Orestis Alpos , Ignacio Amores-Sesar , Christian Cachin , Michelle Yeo

There has been recently a lot of progress in designing efficient partially synchronous BFT consensus protocols that are meant to serve as core consensus engines for Proof of Stake blockchain systems. While the state-of-the-art solutions…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-01-19 Daniel Kane , Andreas Fackler , Adam Gągol , Damian Straszak

Modern cryptocurrency systems, such as Ethereum, permit complex financial transactions through scripts called smart contracts. These smart contracts are executed many, many times, always without real concurrency. First, all smart contracts…

Distributed, Parallel, and Cluster Computing · Computer Science 2017-02-16 Thomas Dickerson , Paul Gazzillo , Maurice Herlihy , Eric Koskinen

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

Block-chain world is very dynamic and there is need for strong governance and underlying technology architecture to be robust to face challenges. This paper considers Ethereum, a leading block chain. We deep dive into the nature of this…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-10-21 G. Hall , M. Mansi , I. Makrant

Existing permissioned blockchains often rely on coordination-based consensus protocols to ensure the safe execution of applications in a Byzantine environment. Furthermore, these protocols serialize the transactions by ordering them into a…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-10-25 Pezhman Nasirifard , Ruben Mayer , Hans-Arno Jacobsen

SPEEDEX is a decentralized exchange (DEX) that lets participants securely trade assets without giving any single party undue control over the market. SPEEDEX offers several advantages over prior DEXes. It achieves high throughput -- over…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-03-06 Geoffrey Ramseyer , Ashish Goel , David Mazières

While blockchains initially gained popularity in the realm of cryptocurrencies, their widespread adoption is expanding beyond conventional applications, driven by the imperative need for enhanced data security. Despite providing a secure…

Cryptography and Security · Computer Science 2024-12-10 Faisal Haque Bappy , Tarannum Shaila Zaman , Md Sajidul Islam Sajid , Mir Mehedi Ahsan Pritom , Tariqul Islam

Bandwidth limitation is the major bottleneck that hinders scaling throughput of proof-of-work blockchains. To guarantee security, the mining rate of the blockchain is determined by the miners with the lowest bandwidth, resulting in an…

Cryptography and Security · Computer Science 2024-07-24 Chunjiang Che , Songze Li , Xuechao Wang

Blockchains revolutionized centralized sectors like banking and finance by promoting decentralization and transparency. In a blockchain, information is transmitted through transactions issued by participants or applications. Miners…

Cryptography and Security · Computer Science 2024-05-30 Johnnatan Messias Peixoto Afonso

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,…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-12-09 Yixin Li , Liang Liang , Yunjian Jia , Wanli Wen , Chaowei Tang , Zhengchuan Chen

Ethereum's current Gasper consensus mechanism, which combines the Latest Message Driven Greediest Heaviest Observed SubTree (LMD-GHOST) fork choice rule with the probabilistic Casper the Friendly Finality Gadget (FFG) finality overlay,…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-06-17 Lincoln Murr

A smart contract on a blockchain cannot keep a secret because its data is replicated on all nodes in a network. To remedy this problem, it has been suggested to combine blockchains with trusted execution environments (TEEs), such as Intel…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-05-23 Marcus Brandenburger , Christian Cachin , Rüdiger Kapitza , Alessandro Sorniotti

In order to fully unlock the transformative power of distributed ledgers and blockchains, it is crucial to develop innovative consensus algorithms that can overcome the obstacles of security, scalability, and interoperability, which…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-10-16 Amirhossein Taherpour , Xiaodong Wang

User transactions on Ethereum's peer-to-peer network are at risk of being attacked. The smart contracts building decentralized finance (DeFi) have introduced a new transaction ordering dependency to the Ethereum blockchain. As a result,…

Cryptography and Security · Computer Science 2022-09-23 Lioba Heimbach , Roger Wattenhofer

Industrial Internet of Things (IIoT) opens up a challenging research area towards improving secure data sharing which currently has several limitations. Primarily, the lack of inbuilt guarantees of honest behavior of participating, such as…

Cryptography and Security · Computer Science 2023-01-31 Jayasree Sengupta , Sushmita Ruj , Sipra Das Bit

Hyperledger Fabric is a popular permissioned blockchain system that features a highly modular and extensible system for deploying permissioned blockchains which are expected to have a major effect on a wide range of sectors. Unlike…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-01-18 Helmi Trabelsi , Kaiwen Zhang

Blockchains implement decentralized monetary systems and applications. Recent advancements enable what we call tethering a blockchain to a primary blockchain, securing the tethered chain by nodes that post primary-chain tokens as…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-04-25 Yogev Bar-On , Roi Bar-Zur , Omer Ben-Porat , Nimrod Cohen , Ittay Eyal , Matan Sitbon

Existing blockchain sharding protocols have focused on eliminating imbalanced workload distributions. However, even with workload balance, disparities in processing capabilities can lead to differential stress among shards, resulting in…

Networking and Internet Architecture · Computer Science 2025-05-13 Xinpeng Huang , Wanqing Jie , Shiwen Zhang , Haofu Yang , Wangjie Qiu , Qinnan Zhang , Huawei Huang , Zehui Xiong , Shaoting Tang , Hongwei Zheng , Zhiming Zheng

Public blockchains have spurred the growing popularity of decentralized transactions and smart contracts, but they exhibit limitations on the transaction throughput, storage, and computation. To avoid transaction gridlock, public…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-07-13 Nikolay Ivanov , Qiben Yan , Qingyang Wang
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