Related papers: Grassroots Flash: A Payment System for Grassroots …
Grassroots currencies are means for turning mutual trust into liquidity, with the goal of providing foundations for grassroots digital economies. Grassroots coins are units of debt that can be issued by anyone -- people, corporations,…
Informally, a grassroots system is a distributed system that can have multiple instances, independent of each other and of any global resources, that can interoperate once interconnected. Grassroots applications are potentially important as…
Grassroots platforms aim to offer an egalitarian alternative to global platforms. Whereas global platforms can have only a single instance, grassroots platforms can have multiple instances that emerge and operate independently of each other…
While the original purpose of blockchains was to realize a payment system, it has been shown that, in fact, such systems do not require consensus and can be implemented deterministically in asynchronous networks. State-of-the-art payment…
We present an architectural alternative to global digital platforms termed grassroots, designed to serve the social, economic, civic, and political needs of local digital communities, as well as their federation. Grassroots platforms may…
Global cryptocurrencies are unbacked and have high transaction cost incurred by global consensus. In contrast, grassroots cryptocurrencies are backed by the goods and services of their issuers -- any person, natural or legal -- and have no…
Blockchain technology has spawned a vast ecosystem of digital currencies with Central Bank Digital Currencies (CBDCs) -- digital forms of fiat currency -- being one of them. An important feature of digital currencies is facilitating…
Cryptocurrency refers to a type of digital asset that uses distributed ledger, or blockchain, technology to enable a secure transaction. Although the technology is widely misunderstood, many central banks are considering launching their own…
Offering an architecture for social networking in which people have agency over their personal information and social graph is an open challenge. Here we present a grassroots architecture for serverless, permissionless, peer-to-peer social…
While the physical lives of many of us are in democracies (one person, one vote - e.g., the EU and the US), our digital lives are mostly in autocracies (one person, all votes - e.g., Facebook). Cryptocurrencies promise liberation but stop…
In recent years, electronic retail payment mechanisms, especially e-commerce and card payments at the point of sale, have increasingly replaced cash in many developed countries. As a result, societies are losing a critical public retail…
Offchain networks emerge as a promising solution to address the scalability challenge of blockchain. Participants directly make payments through a network of payment channels without the overhead of committing onchain transactions. Routing…
Cryptocurrencies came to the world in the recent decade and attempted to offer a new order where the financial system is not governed by a centralized entity, and where you have complete control over your account without the need to trust…
Off-grid networks are recently emerging as a solution to connect the unconnected or provide alternative services to networks of possibly untrusted participants. The systems currently used, however, exhibit limitations due to their…
Decentralized marketplace applications demand fast, cheap and easy-to-use cryptocurrency payment mechanisms to facilitate high transaction volumes. The standard solution for off-chain payments, state channels, are optimized for frequent…
The blockchain technology promises to transform finance, money and even governments. However, analyses of blockchain applicability and robustness typically focus on isolated systems whose actors contribute mainly by running the consensus…
This thesis proposes techniques aiming to make blockchain technologies and smart contract platforms practical by improving their scalability, latency, and privacy. This thesis starts by presenting the design and implementation of…
Blockchain, the backbone of Bitcoin, has recently gained a lot of attention. Blockchain functions as an immutable record that enables decentralized transactions. Blockchain-based applications are sprouting up in a variety of industries,…
The main aim of the paper is to create a trust and transparency in the food supply chain system, ensuring food safety for everyone with the help of Blockchain Technology. Food supply chain is the process of tracing a crop from the farmer or…
Numerous electronic cash schemes have been proposed over the years - however none have been embraced by financial institutions as an alternative to fiat currency. David Chaum's ecash scheme was the closest to something that mimicked a…