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Blockchain technology, with implications in the financial domain, offers data in the form of large-scale transaction networks. Analyzing transaction networks facilitates fraud detection, market analysis, and supports government regulation.…

Computational Engineering, Finance, and Science · Computer Science 2025-01-23 Junliang Luo , Xue Liu

Blockchain has attracted significant attention in recent years due to its potential to revolutionize various industries by providing trustlessness. To comprehensively examine blockchain systems, this article presents both a macro-level…

Cryptography and Security · Computer Science 2023-04-18 Minghui Xu , Yihao Guo , Chunchi Liu , Qin Hu , Dongxiao Yu , Zehui Xiong , Dusit Niyato , Xiuzhen Cheng

This paper introduces a family of leaderless Byzantine fault tolerance protocols, built around a metastable mechanism via network subsampling. These protocols provide a strong probabilistic safety guarantee in the presence of Byzantine…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-08-25 Team Rocket , Maofan Yin , Kevin Sekniqi , Robbert van Renesse , Emin Gün Sirer

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

We present a general consensus framework that allows to easily introduce a customizable Byzantine fault tolerant consensus algorithm to an existing (Delegated) Proof-of-Stake blockchain. We prove the safety of the protocol under the…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-05-06 Jan Hackfeld

To implement a blockchain, the trend is now to integrate a non-trivial Byzantine fault tolerant consensus algorithm instead of the seminal idea of waiting to receive blocks to decide upon the longest branch. After a decade of existence,…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-10-16 Pierre Tholoniat , Vincent Gramoli

Redactable Blockchain aims to ensure immutability of the data for most of appications, and provide authorized mutability for some specific applications such as removing illegal content from blockchains. However, the existing redactable…

Cryptography and Security · Computer Science 2022-11-17 Bin Luo

Blockchain has many benefits including decentralization, availability, persistency, consistency, anonymity, auditability and accountability, and it also covers a wide spectrum of applications ranging from cryptocurrency, financial services,…

Computational Engineering, Finance, and Science · Computer Science 2018-10-02 Quan-Lin Li , Jing-Yu Ma , Yan-Xia Chang

Blockchains rely on a consensus among participants to achieve decentralization and security. However, reaching consensus in an online, digital world where identities are not tied to physical users is a challenging problem. Proof-of-work…

Cryptography and Security · Computer Science 2020-11-16 Hjalmar Turesson , Henry M. Kim , Marek Laskowski , Alexandra Roatis

After the success of the Bitcoin blockchain, came several cryptocurrencies and blockchain solutions in the last decade. Nonetheless, Blockchain-based systems still suffer from low transaction rates and high transaction processing latencies,…

Cryptography and Security · Computer Science 2022-11-01 Ankit Gangwal , Haripriya Ravali Gangavalli , Apoorva Thirupathi

Many studies have been done to improve the performance of centrally controlled business processes and enhance the integration between different parties of these collaborations. However, the most serious issues of collaborative business…

Cryptography and Security · Computer Science 2019-04-12 Vahid Pourheidari , Sara Rouhani , Ralph deters

Blockchain technologies are facing a scalability challenge, which must be overcome to guarantee a wider adoption of the technology. This scalability issue is due to the use of consensus algorithms to guarantee the total order of the chain…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-02-10 Margarita Capretto , Martín Ceresa , Antonio Fernández Anta , Antonio Russo , César Sánchez

Throughput limitations of existing blockchain architectures are one of the most significant hurdles for their wide-spread adoption. Attempts to address this challenge include layer-2 solutions, such as Bitcoin's Lightning or Ethereum's…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-09-13 Alexander Hentschel , Dieter Shirley , Layne Lafrance

Permissionless blockchain consensus protocols have been designed primarily for defining decentralized economies for the commercial trade of assets, both virtual and physical, using cryptocurrencies. In most instances, the assets being…

Computer Science and Game Theory · Computer Science 2021-03-31 Aditya Ahuja , Vinay J. Ribeiro , Ranjan Pal

Decentralization, immutability and transparency make of Blockchain one of the most innovative technology of recent years. This paper presents an overview of solutions based on Blockchain technology for multi-agent robotic systems, and…

A promising way to overcome the scalability limitations of the current blockchain is to use sharding, which is to split the transaction processing among multiple, smaller groups of nodes. A well-performed blockchain sharding system requires…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-07-31 Mingzhe Li , You Lin , Wei Wang , Jin Zhang

Blockchain has been widely deployed in various sectors, such as finance, education, and public services. Since blockchain runs as an immutable distributed ledger, it has decentralized mechanisms with persistency, anonymity, and…

Cryptography and Security · Computer Science 2021-11-30 Qian Wei , Bingzhe Li , Wanli Chang , Zhiping Jia , Zhaoyan Shen , Zili Shao

In the high-stakes race to develop more scalable blockchains, some platforms (Binance, Cosmos, EOS, TRON, etc.) have adopted committee-based consensus (CBC) protocols, whereby the blockchain's record-keeping rights are entrusted to a…

Cryptography and Security · Computer Science 2022-12-02 Alon Benhaim , Brett Hemenway Falk , Gerry Tsoukalas

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

Tendermint-core blockchains (e.g. Cosmos) are considered today one of the most viable alternatives for the highly energy consuming proof-of-work blockchains such as Bitcoin and Ethereum. Their particularity is that they aim at offering…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-12-14 Yackolley Amoussou-Guenou , Antonella Del Pozzo , Maria Potop-Butucaru , Sara Tucci-Piergiovanni