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Most cryptocurrencies rely on Proof-of-Work (PoW) "mining" for resistance to Sybil and double-spending attacks, as well as a mechanism for currency issuance. Hashcash PoW has successfully secured the Bitcoin network since its inception,…

Cryptography and Security · Computer Science 2020-02-04 Michael Dubrovsky , Marshall Ball , Bogdan Penkovsky

Popular distributed ledger technology (DLT) systems using proof-of-work (PoW) for Sybil attack resistance have extreme energy requirements, drawing stern criticism from academia, businesses, and the media. DLT systems building on…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-04-05 Moritz Platt , Johannes Sedlmeir , Daniel Platt , Paolo Tasca , Jiahua Xu , Nikhil Vadgama , Juan Ignacio Ibañez

Blockchains have recently gained popularity thanks to their ability to record "digital truth". They are designed to keep persistence, security, and avoid attacks which is useful for many applications. However, they are still problematic in…

Cryptography and Security · Computer Science 2019-01-14 David Amar , Lior Zilpa

Proof of Stake (PoS) is a burgeoning Sybil resistance mechanism that aims to have a digital asset ("token") serve as security collateral in crypto networks. However, PoS has so far eluded a comprehensive threat model that encompasses both…

General Finance · Quantitative Finance 2020-02-05 Tarun Chitra

With deep neural networks providing state-of-the-art machine learning models for numerous machine learning tasks, quantifying the robustness of these models has become an important area of research. However, most of the research literature…

Machine Learning · Computer Science 2019-01-08 Tsui-Wei Weng , Pin-Yu Chen , Lam M. Nguyen , Mark S. Squillante , Ivan Oseledets , Luca Daniel

In this paper, we provide a novel dynamic decision method of blockchain selfish mining by applying the sensitivity-based optimization theory. Our aim is to find the optimal dynamic blockchain-pegged policy of the dishonest mining pool. To…

Cryptography and Security · Computer Science 2021-11-16 Jing-Yu Ma , Quan-Lin Li

The temporal aspect of blockchain transactions enables us to study the address's behavior and detect if it is involved in any illicit activity. However, due to the concept of change addresses (used to thwart replay attacks), temporal…

Cryptography and Security · Computer Science 2021-12-23 Deepesh Chaudhari , Rachit Agarwal , Sandeep Kumar Shukla

Bitcoin is a popular cryptocurrency that records alltransactions in a distributed append-only public ledger calledblockchain. The security of Bitcoin heavily relies on the incentive-compatible proof-of-work (PoW) based distributed consensus…

Cryptography and Security · Computer Science 2018-06-05 Mauro Conti , Sandeep Kumar E , Chhagan Lal , Sushmita Ruj

Adversarial training, which is to enhance robustness against adversarial attacks, has received much attention because it is easy to generate human-imperceptible perturbations of data to deceive a given deep neural network. In this paper, we…

Machine Learning · Statistics 2023-06-02 Dongyoon Yang , Insung Kong , Yongdai Kim

Abrupt changes in the miner hash rate applied to a proof-of-work (PoW) blockchain can adversely affect user experience and security. Because different PoW blockchains often share hashing algorithms, miners face a complex choice in deciding…

Cryptography and Security · Computer Science 2018-06-20 George Bissias , Brian N. Levine , David Thibodeau

Proof-of-Work (PoW) systems face critical challenges, including excessive energy consumption and the centralization of mining power among entities with expensive hardware. Static mining pools exacerbate these issues by reducing competition…

Cryptography and Security · Computer Science 2025-04-25 Rizwanul Haque , SM Tareq Aziz , Tahrim Hossain , Faisal Haque Bappy , Muhammad Nur Yanhaona , Tariqul Islam

Over recent years, devising classification algorithms that are robust to adversarial perturbations has emerged as a challenging problem. In particular, deep neural nets (DNNs) seem to be susceptible to small imperceptible changes over test…

Machine Learning · Computer Science 2019-12-20 Sanjam Garg , Somesh Jha , Saeed Mahloujifar , Mohammad Mahmoody

We study the incentives behind double-spend attacks on Nakamoto-style Proof-of-Work cryptocurrencies. In these systems, miners are allowed to choose which transactions to reference with their block, and a common strategy for selecting…

Computer Science and Game Theory · Computer Science 2023-12-14 Yanni Georghiades , Rajesh Mishra , Karl Kreder , Sriram Vishwanath

Light nodes are clients in blockchain systems that only store a small portion of the blockchain ledger. In certain blockchains, light nodes are vulnerable to a data availability (DA) attack where a malicious node makes the light nodes…

Information Theory · Computer Science 2022-08-30 Debarnab Mitra , Lev Tauz , Lara Dolecek

Safe reinforcement learning (RL) trains a policy to maximize the task reward while satisfying safety constraints. While prior works focus on the performance optimality, we find that the optimal solutions of many safe RL problems are not…

Machine Learning · Computer Science 2023-03-03 Zuxin Liu , Zijian Guo , Zhepeng Cen , Huan Zhang , Jie Tan , Bo Li , Ding Zhao

We propose the formal study of governed blockchains that are owned and controlled by organizations and that neither create cryptocurrencies nor provide any incentives to solvers of cryptographic puzzles. We view such approaches as…

Cryptography and Security · Computer Science 2017-05-17 Leif-Nissen Lundbaek , Andrea Callia D'Iddio , Michael Huth

We formulate the design of a threshold signature scheme as made possible on cryptocurrency protocols like Bitcoin. The funds are secured by an m-of-n threshold signature, where at least m signatures are needed to unlock the funds. A user…

Cryptography and Security · Computer Science 2025-10-01 Korok Ray , Sindura Saraswathi

Adversarial attacks are widely used to identify model vulnerabilities; however, their validity as proxies for robustness to random perturbations remains debated. We ask whether an adversarial example provides a representative estimate of…

Machine Learning · Computer Science 2026-01-27 Giulio Rossolini

Permissionless blockchains such as Bitcoin have long been criticized for their high computational and storage overhead. Unfortunately, while a number of proposals address the energy consumption of existing Proof-of-Work deployments, little…

Cryptography and Security · Computer Science 2022-07-01 Alessandro Sforzin , Matteo Maso , Claudio Soriente , Ghassan Karame

A key component of security in decentralized blockchains is proof of opportunity cost among block producers. In the case of proof-of-work (PoW), currently used by the most prominent systems, the cost is due to spent computation. In this…

Cryptography and Security · Computer Science 2020-12-08 George Bissias , Rainer Böhme , David Thibodeau , Brian N. Levine