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We present TRAIL: an algorithm that uses a novel consensus procedure to tolerate failed or malicious shards within a blockchain-based cryptocurrency. Our algorithm takes a new approach of selecting validator shards for each transaction from…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-05-14 Mitch Jacovetty , Joseph Oglio , Mikhail Nesterenko , Gokarna Sharma

Recently, permissioned blockchain has been extensively explored in various fields, such as asset management, supply chain, healthcare, and many others. Many scholars are dedicated to improving its verifiability, scalability, and performance…

Cryptography and Security · Computer Science 2023-12-14 Dong-Yang Yu , Jin Wang , Lingzhi Li , Wei Jiang , Can Liu

Propelled by the growth of large-scale blockchain deployments, much recent progress has been made in designing sharding protocols that achieve throughput scaling linearly in the number of nodes. However, existing protocols are not robust to…

Cryptography and Security · Computer Science 2020-05-20 Ranvir Rana , Sreeram Kannan , David Tse , Pramod Viswanath

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

Performance and scalability are major concerns for blockchains: permissionless systems are typically limited by slow proof of X consensus algorithms and sequential post-order transaction execution on every node of the network. By…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-03-11 Christian Gorenflo , Lukasz Golab , Srinivasan Keshav

Our work focuses on the design of a scalable permissionless blockchain in the proof-of-stake setting. In particular, we use a distributed hash table as a building block to set up randomized shards, and then leverage the sharded architecture…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-07-12 Antoine Durand , Emmanuelle Anceaume , Romaric Ludinard

Public blockchains are decentralized networks where each participating node executes the same decision-making process. This form of decentralization does not scale well because the same data are stored on each network node, and because all…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-06-30 M. Toulouse , H. K. Dai , Q. L. Nguyen

Numerous blockchain simulators have been proposed to allow researchers to simulate mainstream blockchains. However, we have not yet found a testbed that enables researchers to develop and evaluate their new consensus algorithms or new…

Cryptography and Security · Computer Science 2025-02-25 Huawei Huang , Guang Ye , Qinglin Yang , Qinde Chen , Zhaokang Yin , Xiaofei Luo , Jianru Lin , Jian Zheng , Taotao Li , Zibin Zheng

Despite being under development for over 15 years, transaction throughput remains one of the key challenges confronting blockchains, which typically has a cap of a limited number of transactions per second. A fundamental factor limiting…

Distributed, Parallel, and Cluster Computing · Computer Science 2026-01-16 Evangelos Kolyvas , Alexandros Antonov , Spyros Voulgaris

This paper presents Thinkey, an efficient, secure, infinitely scalable and decentralized blockchain architecture. It ensures system correctness and liveness by a multi-layer structure. In particular, the system is based on a double-chain…

Cryptography and Security · Computer Science 2019-04-11 Shan Chen , Weiguo Dai , Yuanxi Dai , Hao Fu , Yang Gao , Jianqi Guo , Haoqing He , Yuhong Liu

Cryptocurrencies are poised to revolutionize the modern economy by democratizing commerce. These currencies operate on top of blockchain-based distributed ledgers. Existing permissionless blockchain-based protocols offer unparalleled…

Cryptography and Security · Computer Science 2022-03-25 Anurag Jain , Sanidhay Arora , Sankarshan Damle , Sujit Gujar

Smart contracts are stateful programs deployed on blockchains; they secure over a trillion dollars in transaction value per year. High-stakes smart contracts often rely on timely alerts about external events, but prior work has not analyzed…

Cryptography and Security · Computer Science 2026-04-14 Marwa Mouallem , Lorenz Breidenbach , Ittay Eyal , Ari Juels

In this paper, we present a pricing mechanism that aligns incentives of agents who exchange resources on a decentralized ledger with the goal of maximizing transaction throughput. Subdividing a blockchain ledger into shards promises to…

Systems and Control · Electrical Eng. & Systems 2020-09-02 James R. Riehl , Jonathan Ward

Bitcoin rise has put blockchain technology into the mainstream, amplifying its potential and broad utility. While Bitcoin has become incredibly famous, its transaction rate has not match such a corresponding increase. It still takes…

Cryptography and Security · Computer Science 2024-06-21 Han Song , Zhongche Qu , Yihao Wei

Bitcoin, as well as many of its successors, require the whole transaction record to be reliably acquired by all nodes to prevent double-spending. Recently, many blockchains have been proposed to achieve scale-out throughput by letting nodes…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-05-18 Zhijie Ren , Kelong Cong , Taico V. Aerts , Bart A. P. de Jonge , Alejandro F. Morais , Zekeriya Erkin

Blockchain technologies have been rapidly enhanced in recent years. However, its scalability still has limitations in terms of throughput and broadcast delay as the network and the amount of transaction data increase. To improve scalability…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-01-21 Kaushik Ayinala , Baek-Young Choi , Sejun Song

This research critically analyses blockchain scaling solutions based on their ability to realistically balance the properties of the blockchain trilemma. We have concluded this research by outlining a gap in the current body of literature…

Cryptography and Security · Computer Science 2022-02-02 Frazer Chard , Cayo Fletcher-Smith

The main problem faced by smart contract platforms is the amount of time and computational power required to reach consensus. In a classical blockchain model, each operation is in fact performed by each node, both to update the status and…

Cryptography and Security · Computer Science 2021-11-11 Alessio Meneghetti , Tommaso Parise , Massimiliano Sala , Daniele Taufer

In response to the growing demand for enhanced performance and power efficiency, the semiconductor industry has witnessed a paradigm shift toward heterogeneous integration, giving rise to 2.5D/3D chips. These chips incorporate diverse…

Cryptography and Security · Computer Science 2024-12-13 Sulyab Thottungal Valapu , Aritri Saha , Bhaskar Krishnamachari , Vivek Menon , Ujjwal Guin

Due to its security, transparency, and flexibility in verifying virtual assets, blockchain has been identified as one of the key technologies for Metaverse. Unfortunately, blockchain-based Metaverse faces serious challenges such as massive…

Cryptography and Security · Computer Science 2023-05-02 Cong T. Nguyen , Dinh Thai Hoang , Diep N. Nguyen , Yong Xiao , Dusit Niyato , Eryk Dutkiewicz