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This paper describes a simple and efficient Binary Byzantine faulty tolerant consensus algorithm using a weak round coordinator and the partial synchrony assumption to ensure liveness. In the algorithm, non-faulty nodes perform an initial…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-01-23 Tyler Crain

A blockchain replaces central counterparties with time-consuming consensus protocols to record the transfer of ownership. This settlement latency slows cross-exchange trading, exposing arbitrageurs to price risk. Off-chain settlement,…

Trading and Market Microstructure · Quantitative Finance 2023-10-20 Nikolaus Hautsch , Christoph Scheuch , Stefan Voigt

The Bitcoin system only provides eventual consistency. For everyday life, the time to confirm a Bitcoin transaction is prohibitively slow. In this paper we propose a new system, built on the Bitcoin blockchain, which enables strong…

Distributed, Parallel, and Cluster Computing · Computer Science 2014-12-30 Christian Decker , Jochen Seidel , Roger Wattenhofer

Nakamoto consensus has been incredibly influential in enabling robust blockchain systems, and one of its components is the so-called heaviest chain rule (HCR). Within this rule, the calculation of the weight of the chain tip is performed by…

Cryptography and Security · Computer Science 2023-03-21 Karl Kreder , Shreekara Shastry

Synchronous Counting is the task of reaching agreement on a common round counter in a synchronous system of $n$ nodes with up to $t$ Byzantine faults in a self-stabilizing manner. That is, after transient faults may have arbitrarily…

Distributed, Parallel, and Cluster Computing · Computer Science 2026-05-19 Christoph Lenzen , Julian Loss

Current blockchain execution throughput is limited by data contention, reducing execution layer parallelism. Fast Ahead-of-Formation Optimization (FAFO) is the first blockchain transaction scheduler to address this problem by reordering…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-07-16 Ryan Zarick , Isaac Zhang , Daniel Wong , Thomas Kim , Bryan Pellegrino , Mignon Li , Kelvin Wong

Immediate settlement, or single-slot finality (SSF), is a long-term goal for Ethereum. The growing active validator set size is placing an increasing computational burden on the network, making SSF more challenging. EIP-7251 aims to reduce…

Applications · Statistics 2024-04-22 Sandra Johnson , Kerrie Mengersen , Patrick O'Callaghan , Anders L. Madsen

Blockchains combine other technologies, such as cryptography, networking, and incentive mechanisms, to enable the creation, validation, and recording of transactions between participating nodes. A consensus algorithm is used in a blockchain…

Social and Information Networks · Computer Science 2021-09-01 Oladotun Aluko , Anton Kolonin

This paper presents a fully coupled blockchain-assisted federated learning architecture that effectively eliminates single points of failure by decentralizing both the training and aggregation tasks across all participants. Our proposed…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-10-21 Huong Nguyen , Tri Nguyen , Lauri Lovén , Susanna Pirttikangas

Consensus is arguably one of the most important notions in distributed computing. Among asynchronous, randomized, and signature-free implementations, the protocols of Most\'efaoui et al. (PODC 2014 and JACM 2015) represent a landmark…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-05-03 Christian Cachin , Luca Zanolini

This paper proposes a random network model for blockchains, a distributed hierarchical data structure of blocks that has found several applications in various industries. The model is parametric on two probability distribution functions…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-09-17 Carlos Pinzón , Camilo Rocha , Jorge Finke

The choice of the consensus method ultimately determines throughput, scalability, tamper resistance, and consistency of a blockchain system. However, across all the types of blockchain (private, semi-private, consortium, or public), there…

Cryptography and Security · Computer Science 2018-11-14 Ernst-Georg Schmid

As a blockchain platform that has developed vigorously in recent years, Ethereum is different from Bitcoin in that it introduces smart contracts into blockchain.Solidity is one of the most mature and widely used smart contract programming…

Software Engineering · Computer Science 2019-11-25 Pengcheng Zhang , Feng Xiao , Xiapu Luo

Programs executed on a blockchain - smart contracts - have high financial stakes; their correctness is crucial. We argue, that this correctness needs to be foundational: correctness needs to be based on the operational semantics of their…

Blockchain consensus faces a trilemma of security, latency, and decentralization. High-throughput systems often require a reduction in decentralization or robustness against strong adversaries, while highly decentralized and secure systems…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-11-20 Preston Vander Vos , Alberto Sonnino , Giorgos Tsimos , Philipp Jovanovic , Lefteris Kokoris-Kogias

Bitcoin is the most successful cryptocurrency so far. This is mainly due to its novel consensus algorithm, which is based on proof-of-work combined with a cryptographically-protected data structure and a rewarding scheme that incentivizes…

Cryptography and Security · Computer Science 2019-05-24 Pawel Szalachowski , Daniel Reijsbergen , Ivan Homoliak , Siwei Sun

Bitcoin is the first successful decentralized global digital cash system. Its mining process requires intense computational resources, therefore its usefulness remains a disputable topic. We aim to solve three problems with Bitcoin and…

Cryptography and Security · Computer Science 2016-08-25 Alexander Chepurnoy , Mario Larangeira , Alexander Ojiganov

Permissioned blockchains are supported by identified but individually untrustworthy nodes, collectively maintaining a replicated ledger whose content is trusted. The Hyperledger Fabric permissioned blockchain system targets high-throughput…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-04-16 Nicolae Berendea , Hugues Mercier , Emanuel Onica , Etienne Rivière

Blockchain has widespread applications in the financial field but has also attracted increasing cybercrimes. Recently, phishing fraud has emerged as a major threat to blockchain security, calling for the development of effective regulatory…

Social and Information Networks · Computer Science 2022-04-19 Panpan Li , Yunyi Xie , Xinyao Xu , Jiajun Zhou , Qi Xuan

As 6G networks evolve, inter-provider agreements become crucial for dynamic resource sharing and network slicing across multiple domains, requiring on-demand capacity provisioning while enabling trustworthy interaction among diverse…

Networking and Internet Architecture · Computer Science 2025-03-04 Farhana Javed , Josep Mangues-Bafalluy
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