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While blockchains initially gained popularity in the realm of cryptocurrencies, their widespread adoption is expanding beyond conventional applications, driven by the imperative need for enhanced data security. Despite providing a secure…

Cryptography and Security · Computer Science 2024-12-10 Faisal Haque Bappy , Tarannum Shaila Zaman , Md Sajidul Islam Sajid , Mir Mehedi Ahsan Pritom , Tariqul Islam

Blockchain protocols come with a variety of security guarantees. For example, BFT-inspired protocols such as Algorand tend to be secure in the partially synchronous setting, while longest chain protocols like Bitcoin will normally require…

Cryptography and Security · Computer Science 2021-11-08 Andrew Lewis-Pye , Tim Roughgarden

Proof of Stake (PoS) is a burgeoning Sybil resistance mechanism that aims to have a digital asset ("token") serve as security collateral in crypto networks. However, PoS has so far eluded a comprehensive threat model that encompasses both…

General Finance · Quantitative Finance 2020-02-05 Tarun Chitra

This paper is concerned with the stability of shares in a cryptocurrency where the new coins are issued according to the Proof of Stake protocol. We identify large, medium and small investors under various rewarding schemes, and show that…

General Economics · Economics 2022-06-07 Wenpin Tang

Blockchains are distributed secure ledgers to which transactions are issued continuously and each block of transactions is tightly coupled to its predecessors. Permissioned blockchains place special emphasis on transactions throughput. In…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-11-04 Yehonatan Buchnik , Roy Friedman

Byzantine consensus protocols aim at maintaining safety guarantees under any network synchrony model and at providing liveness in partially or fully synchronous networks. However, several Byzantine consensus protocols have been shown to…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-10-16 Jérémie Decouchant , Burcu Kulahcioglu Ozkan , Yanzhuo Zhou

In the paper, we present designs for multiple blockchain consensus primitives and a novel blockchain system, all based on the use of trusted execution environments (TEEs), such as Intel SGX-enabled CPUs. First, we show how using TEEs for…

Cryptography and Security · Computer Science 2017-03-17 Mitar Milutinovic , Warren He , Howard Wu , Maxinder Kanwal

In blockchain sharding, $n$ processing nodes are divided into $s$ shards, and each shard processes transactions in parallel. A key challenge in such a system is to ensure system stability for any ``tractable'' pattern of generated…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-09-03 Ramesh Adhikari , Costas Busch , Dariusz R. Kowalski

As distributed ledgers, blockchains run consensus protocols which trade capacity for consistency, especially in non-ideal networks with incomplete connectivity and erroneous links. Existing studies on the tradeoff between capacity and…

Cryptography and Security · Computer Science 2021-06-29 Xu Wang , Wei Ni , Xuan Zha , Guangsheng Yu , Ren Ping Liu , Nektarios Georgalas , Andrew Reeves

The parallel Byzantine Fault Tolerant (BFT) protocol is viewed as a promising solution to address the consensus scalability issue of the permissioned blockchain. One of the main challenges in parallel BFT is the view change process that…

Distributed, Parallel, and Cluster Computing · Computer Science 2026-01-15 Yifei Xie , Btissam Er-Rahmadi , Xiao Chen , Tiejun Ma , Jane Hillston

Blockchain technology has been proposed as a new infrastructure technology for a wide variety of novel applications. Blockchains provide an immutable record of transactions, making them useful when business actors do not trust each other.…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-08-27 Joerg Evermann , Henry Kim

Blockchain technology has become a trusted method for establishing secure and transparent transactions through a distributed, encrypted network. The operation of blockchain is governed by consensus algorithms, among which Proof of Stake…

Cryptography and Security · Computer Science 2024-06-03 Bruno Ramos-Cruz , Javier Andreu-Pérez , Francisco J. Quesada , Luis Martínez

With the advancement of blockchain technology, chained Byzantine Fault Tolerant (BFT) protocols have been increasingly adopted in practical systems, making their performance a crucial aspect of the study. In this paper, we introduce a…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-01-08 Yining Tang , Qihang Luo , Runchao Han , Jianyu Niu , Chen Feng , Yinqian Zhang

Threshold cryptography is essential for many blockchain protocols. For example, many protocols rely on threshold common coin to implement asynchronous consensus, leader elections, and provide support for randomized applications. Similarly,…

Cryptography and Security · Computer Science 2025-05-26 Zhuolun Xiang , Sourav Das , Zekun Li , Zhoujun Ma , Alexander Spiegelman

Lower bounds and impossibility results in distributed computing are both intellectually challenging and practically important. Hundreds if not thousands of proofs appear in the literature, but surprisingly, the vast majority of them apply…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-10-13 Guy Goren , Yoram Moses , Alexander Spiegelman

Low latency is one of the desired properties for partially synchronous Byzantine consensus protocols. Previous protocols have achieved consensus with just two communication steps either by reducing the bound on the number of faults the…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-10-12 Mohammad M. Jalalzai , Chen Feng , Victoria Lemieux

Achieving low-latency consensus in geographically distributed systems remains a key challenge for blockchain and distributed database applications. To this end, there has been significant recent interest in State-Machine-Replication (SMR)…

Distributed, Parallel, and Cluster Computing · Computer Science 2026-01-28 Brendan Kobayashi Chou , Andrew Lewis-Pye , Patrick O'Grady

Currently there exist many blockchains with weak trust guarantees, limiting applications and participation. Existing solutions to boost the trust using a stronger blockchain, e.g., via checkpointing, requires the weaker blockchain to give…

Cryptography and Security · Computer Science 2023-09-22 Peiyao Sheng , Xuechao Wang , Sreeram Kannan , Kartik Nayak , Pramod Viswanath

A shared read/write register emulation provides the illusion of shared-memory on top of message-passing models. The main hurdle with such emulations is dealing with server faults in the system. Several crash-tolerant register emulations in…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-10-16 Saptaparni Kumar , Jennifer L. Welch

Blockchain is a novel technology that is rising a lot of interest in the industrial and re- search sectors because its properties of decentralisation, immutability and data integrity. Initially, the underlying consensus mechanism has been…

Cryptography and Security · Computer Science 2018-05-10 Stefano De Angelis
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