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Blockchain systems and smart contracts provide ways to securely implement multi-party transactions without the use of trusted intermediaries, which currently underpin many commercial transactions. However, they do so by transferring trust…

Logic in Computer Science · Computer Science 2018-11-16 Ron van der Meyden

Many of the problems that arise in the context of blockchains and decentralized finance can be seen as variations on classical problems of distributed computing. The smart contract model proposed here is intended to capture both the…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-02-11 Yackolley Amoussou-Guenou , Maurice Herlihy , Sucharita Jayanti , Maria Potop-Butucaru , Sergio Rajsbaum

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

Public blockchains inherently offer low throughput and high latency, motivating off-chain scalability solutions such as Payment Channel Networks (PCNs). However, existing PCNs suffer from liquidity fragmentation-funds locked in one channel…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-12-15 Ayush Nainwal , Atharva Kamble , Nitin Awathare

The interoperability across multiple blockchains would play a critical role in future blockchain-based data management paradigm. Existing techniques either work only for two blockchains or requires a centralized component to govern the…

Databases · Computer Science 2020-01-07 Xinying Wang , Olamide Timothy Tawose , Feng Yan , Dongfang Zhao

The atomic swap protocol allows for the exchange of cryptocurrencies on different blockchains without the need to trust a third-party. However, market participants who desire to hold derivative assets such as options or futures would also…

Cryptography and Security · Computer Science 2020-03-10 James A. Liu

Public blockchains such as Ethereum and Bitcoin do not give enterprises the privacy they need for many of their business processes. Consequently consortiums are exploring private blockchains to keep their membership and transactions…

Cryptography and Security · Computer Science 2019-05-06 Peter Robinson , David Hyland-Wood , Roberto Saltini , Sandra Johnson , John Brainard

With the rise of digital currency systems that rely on blockchain to ensure ledger security, the ability to perform cross-chain transactions is becoming a crucial interoperability requirement. Such transactions allow not only funds to be…

Cryptography and Security · Computer Science 2021-01-18 Rongjian Lan , Ganesha Upadhyaya , Stephen Tse , Mahdi Zamani

Atomic swaps are a fundamental primitive for the trustless exchange of digital assets across blockchains: they guarantee that either both parties receive the agreed assets or neither party transfers. While this all-or-nothing guarantee is…

Cryptography and Security · Computer Science 2026-05-07 Paul Gerhart , Jay Taylor , Sri Aravinda Krishnan Thyagarajan

This paper introduces CrossLink, a decentralized framework for secure cross-chain smart contract execution that effectively addresses the inherent limitations of contemporary solutions, which primarily focus on asset transfers and rely on…

Cryptography and Security · Computer Science 2025-10-23 Tahrim Hossain , Faisal Haque Bappy , Tarannum Shaila Zaman , Tariqul Islam

Atomic Crosschain Transaction technology allows composable programming across permissioned Ethereum blockchains. It allows for inter-contract and inter-blockchain function calls that are both synchronous and atomic: if one part fails, the…

Cryptography and Security · Computer Science 2020-06-09 Peter Robinson

Due to the evergrowing blockchain ecosystem, interoperability has become a matter of great importance. Atomic swaps allow connecting otherwise isolated blockchains while adhering to the core principles of censorship resistance and…

Cryptography and Security · Computer Science 2021-02-03 Philipp Hoenisch , Lucas Soriano del Pino

Smart contracts show a high potential for ensuring that Supply Chain Management strategies make a qualitative leap toward higher levels of optimality, not only in terms of efficiency and profitability but also in the aggregation of skills…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-05-16 Paolo Bottoni , Claudio Di Ciccio , Remo Pareschi , Nicola Gessa , Gilda Massa

Despite the popularity of Hashed Time-Locked Contracts (HTLCs) because of their use in wide areas of applications such as payment channels, atomic swaps, etc, their use in exchange is still questionable. This is because of its incentive…

Cryptography and Security · Computer Science 2025-10-24 Nitin Awathare

The cross-blockchain transaction remains one of the most challenging problems in blockchains. The root cause of the challenge lies in the nondeterministic nature of blockchains: A $n$-party transaction across multiple blockchains might be…

Cryptography and Security · Computer Science 2020-04-17 Dongfang Zhao

Atomic Crosschain Transaction technology allows composable programming across private Ethereum blockchains. It allows for inter-contract and inter-blockchain function calls that are both synchronous and atomic: if one part fails, the whole…

Cryptography and Security · Computer Science 2020-04-03 Peter Robinson , Raghavendra Ramesh , John Brainard , Sandra Johnson

In recent years, manifold blockchain protocols have been proposed by researchers and industrial companies alike. This has led to a very heterogeneous blockchain landscape. Accordingly, it would be desirable if blockchains could interact…

Cryptography and Security · Computer Science 2021-06-29 Markus Nissl , Emanuel Sallinger , Stefan Schulte , Michael Borkowski

Decentralized crypto-currencies based on the blockchain architecture under-utilize available network bandwidth, making them unable to scale to thousands of transactions per second. We define the Blockclique architecture, that addresses this…

Cryptography and Security · Computer Science 2020-02-11 Sébastien Forestier , Damir Vodenicarevic , Adrien Laversanne-Finot

Improving transaction throughput is one of the main challenges in decentralized payment systems. Attempts to improve transaction throughput in cryptocurrencies are usually a trade-off between throughput and security or introduce a central…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-10-16 Rowel Gündlach , Jaap-Henk Hoepman , Remco van der Hofstad , Tommy Koens , Stijn Meijer

The interoperability across multiple or many blockchains would play a critical role in the forthcoming blockchain-based data management paradigm. In particular, how to ensure the ACID properties of those transactions across an arbitrary…

Databases · Computer Science 2020-02-28 Dongfang Zhao , Tonglin Li