Related papers: Optimal Multilevel Slashing for Blockchains
As an emerging service framework built by combining cryptography, P2P network, consensus mechanism and innovative contract technology, blockchain has been widely used in digital finance, data sharing, message traceability and electronic…
This paper presents a comprehensive refutation of the so-called "blockchain trilemma," a widely cited but formally ungrounded claim asserting an inherent trade-off between decentralisation, security, and scalability in blockchain protocols.…
We propose LazyLedger, a design for distributed ledgers where the blockchain is optimised for solely ordering and guaranteeing the availability of transaction data. Responsibility for executing and validating transactions is shifted to only…
Blockchain is an incrementally updated ledger maintained by distributed nodes rather than centralized organizations. The current blockchain technology faces scalability issues, which include two aspects: low transaction throughput and high…
Leveraging blockchain in Federated Learning (FL) emerges as a new paradigm for secure collaborative learning on Massive Edge Networks (MENs). As the scale of MENs increases, it becomes more difficult to implement and manage a blockchain…
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…
Blockchain and general purpose distributed ledgers are foundational technologies which bring significant innovation in the infrastructures and other underpinnings of our socio-economic systems. These P2P technologies are able to securely…
Global health emergencies, such as the COVID-19 pandemic, have exposed critical weaknesses in traditional medical supply chains, including inefficiencies in resource allocation, lack of transparency, and poor adaptability to dynamic…
This paper introduces a deterministic Byzantine consensus algorithm that relies on a new weak coordinator. As opposed to previous algorithms that cannot terminate in the presence of a faulty or slow coordinator, our algorithm can terminate…
The convergence of blockchain and the Internet of Things (IoT) enables secure, decentralised, and verifiable data exchange across distributed smart environments. However, traditional blockchain frameworks suffer from inherent scalability…
Smart contracts have enabled blockchain systems to evolve from simple cryptocurrency platforms, such as Bitcoin, to general transactional systems, such as Ethereum. Catering for emerging business requirements, a new architecture called…
Blockchain databases have attracted widespread attention but suffer from poor scalability due to underlying non-scalable blockchains. While blockchain sharding is necessary for a scalable blockchain database, it poses a new challenge named…
Blockchains are decentralized; are they genuinely? We analyze blockchain decentralization's often-overlooked but quantifiable dimension: geospatial distribution of transaction processing. Blockchains bring with them the potential for…
We develop a model of coordination and allocation of decentralized multi-sided markets, in which our theoretical analysis is promisingly optimizing the decentralized transaction packaging process at high-throughput blockchains or Web 3.0…
Blockchain is a decentralized network to increase trust, integrity, and transparency of transactions. With the exponential growth of transactions in the realm of Blockchain, especially in Bitcoin, Blockchain size increases as all…
We examine blockchain technologies, especially smart contracts, as a platform for decentralized applications. By providing a basis for consensus, blockchain promises to upend business models that presuppose a central authority. However,…
During disaster response, making rapid and well-informed decisions about which areas require immediate attention can save lives. However, current coordination models often struggle with unreliable data, intentional misinformation, and the…
Blockchain technologies originate from cryptocurrencies. Thus, most blockchain technologies assume an environment with a fast and stable network. However, in some blockchain-based systems, e.g., supply chain management (SCM) systems, some…
Although blockchains have become widely popular for their use in cryptocurrencies, they are now becoming pervasive as more traditional applications adopt blockchain to ensure data security. Despite being a secured network, blockchains have…
Blockchains add transactions to a distributed shared ledger by arriving at consensus on sets of transactions contained in blocks. This provides a total ordering on a set of global transactions. However, total ordering is not enough to…