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Since its inception, Bitcoin has been positioned as a revolutionary alternative to national currencies, attracting immense public and academic interest. This paper presents a critical evaluation of this claim, suggesting that Bitcoin faces…

General Economics · Economics 2025-12-10 Hamoon Soleimani

Unlike Ethereum, which was conceived as a general-purpose smart-contract platform, Bitcoin was designed primarily as a transaction ledger for its native currency, which limits programmability for conditional applications. This constraint is…

Cryptography and Security · Computer Science 2026-02-11 Giulio Caldarelli

We introduce Unity, a new consensus algorithm for public blockchain settings. Unity is an eventual consistency protocol merging the Proof-of-Work (PoW) and Proof-of-Stake (PoS) into a coherent stochastic process. It encompasses hardware and…

Cryptography and Security · Computer Science 2019-06-10 Yulong Wu , Yunfei Zha , Yao Sun

CeTA was originally developed as a tool for certifying termination proofs which have to be provided as certificates in the CPF-format. Its soundness is proven as part of IsaFoR, the Isabelle Formalization of Rewriting. By now, CeTA can also…

Logic in Computer Science · Computer Science 2017-08-29 Julian Nagele , René Thiemann

This paper opts to mitigate the energy-inefficiency of the Blockchain Proof-of-Work (PoW) consensus algorithm by rationally repurposing the power spent during the mining process. The original PoW mining scheme is designed to consider one…

Cryptography and Security · Computer Science 2020-07-09 Noureddine Lasla , Lina Alsahan , Mohamed Abdallah , Mohamed Younis

Proof-of-Stake (PoS) is a prominent Sybil control mechanism for blockchain-based systems. In "e-PoS: Making PoS Decentralized and Fair," Saad et al. (TPDS'21) introduced a new Proof-of-Stake protocol, e-PoS, to enhance PoS applications'…

Cryptography and Security · Computer Science 2025-04-25 Suhyeon Lee , Seungjoo Kim

We present a systematic literature review of cryptocurrency and blockchain research in Human-Computer Interaction (HCI) published between 2014 and 2021. We aim to provide an overview of the field, consolidate existing knowledge, and chart…

Human-Computer Interaction · Computer Science 2022-06-22 Michael Fröhlich , Franz Waltenberger , Ludwig Trotter , Florian Alt , Albrecht Schmidt

Distributed ledger technology has gained wide popularity and adoption since the emergence of bitcoin in 2008 which is based on proof of work (PoW). It is a distributed, transparent and immutable database of records of all the transactions…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-10-10 Abdul Wahab , Waqas Mehmood

The security of most existing cryptocurrencies is based on a concept called Proof-of-Work, in which users must solve a computationally hard cryptopuzzle to authorize transactions (`one unit of computation, one vote'). This leads to enormous…

Computer Science and Game Theory · Computer Science 2018-09-19 Jonah Brown-Cohen , Arvind Narayanan , Christos-Alexandros Psomas , S. Matthew Weinberg

Bitcoin, a decentralized cryptocurrency, has attracted a lot of attention from academia, financial service industry and enthusiasts. The trade-off between transaction confirmation throughput and centralization of hash power do not allow…

Cryptography and Security · Computer Science 2015-12-31 Danil Nemirovsky

In a blockchain system, consensus protocol as an incentive and security mechanism, is to ensure the participants to build the block honestly and effectively. There are different consensus protocols for blockchain, like Proof of work (PoW),…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-03-25 Zhongli Dong , Young Choon Lee , Albert Y. Zomaya

Trusted timestamping is a process for proving that certain information existed at a given point in time. This paper presents a trusted timestamping concept and its implementation in form of a web-based service that uses the decentralized…

Cryptography and Security · Computer Science 2021-06-11 Bela Gipp , Norman Meuschke , André Gernandt

This survey develops a dual analysis, consisting, first, in a bibliometric examination and, second, in a close literature review of all the scientific production around cryptocurrencies conducted in economics so far. The aim of this paper…

General Finance · Quantitative Finance 2020-03-24 Aurelio F. Bariviera , Ignasi Merediz-Solà

The blockchain initially gained traction in 2008 as the technology underlying bitcoin, but now has been employed in a diverse range of applications and created a global market worth over $150B as of 2017. What distinguishes blockchains from…

Cryptography and Security · Computer Science 2017-11-15 Shehar Bano , Alberto Sonnino , Mustafa Al-Bassam , Sarah Azouvi , Patrick McCorry , Sarah Meiklejohn , George Danezis

Current blockchain protocols (e.g., Proof-of-Work and Proof-of-Stake) secure the ledger yet cannot measure validator trustworthiness, allowing subtle misconduct that is especially damaging in decentralized-finance (DeFi) settings. We…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-06-30 Ailiya Borjigin , Wei Zhou , Cong He

Blockchain is relatively a new area of research. However, a surge of research studies on the blockchain has taken place in recent years. These research studies have mostly focused on designing and developing conceptual frameworks to build…

Software Engineering · Computer Science 2020-04-28 Iyolita Islam , Kazi Md. Munim , Shahrima Jannat Oishwee , A. K. M. Najmul Islam , Muhammad Nazrul Islam

In this publication, a novel architecture for Proof-of-Useful-Work blockchain consensus which aims to replace hash-based block problems with Monte Carlo simulation-based block problems to donate computational power to real-world HEP…

Cryptography and Security · Computer Science 2024-04-16 Felix Hoffmann , Udo Kebschull

Proof of work cryptocurrencies began with the promise of a more egalitarian future with a decentralized monetary system with no powerful entities in charge. While this vision is far from realized, these cryptocurrencies are still touted to…

Cryptography and Security · Computer Science 2022-03-31 Sishan Long , Soumya Basu , Emin Gün Sirer

A cryptocurrency is a decentralized digital currency that is designed for secure and private asset transfer and storage. As a currency, it should be difficult to counterfeit and double-spend. In this paper, we review and analyze the major…

Cryptography and Security · Computer Science 2019-04-26 Ehab Zaghloul , Tongtong Li , Matt Mutka , Jian Ren

Over 15 years of teaching, advising students and coordinating scientific research activities and projects in computer science, we have observed the difficulties of students to write scientific papers to present the results of their research…

General Literature · Computer Science 2015-06-02 Wladmir Cardoso Brandão