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Consensus mechanisms are the core of any blockchain system. However, the majority of these mechanisms do not target federated learning directly nor do they aid in the aggregation step. This paper introduces Proof of Reasoning (PoR), a novel…

Cryptography and Security · Computer Science 2026-01-27 James Calo , Benny Lo

Trading through decentralized exchanges (DEXs) has become crucial in today's blockchain ecosystem, enabling users to swap tokens efficiently and automatically. However, the capacity of miners to strategically order transactions has led to…

Computer Science and Game Theory · Computer Science 2023-09-25 Yuhao Li , Mengqian Zhang , Jichen Li , Elynn Chen , Xi Chen , Xiaotie Deng

In decentralized finance ("DeFi"), automated market makers (AMMs) enable traders to programmatically exchange one asset for another. Such trades are enabled by the assets deposited by liquidity providers (LPs). The goal of this paper is to…

Computer Science and Game Theory · Computer Science 2023-11-29 Jason Milionis , Ciamac C. Moallemi , Tim Roughgarden

Transactional memory allows the user to declare sequences of instructions as speculative \emph{transactions} that can either \emph{commit} or \emph{abort}. If a transaction commits, it appears to be executed sequentially, so that the…

Distributed, Parallel, and Cluster Computing · Computer Science 2013-04-11 Hagit Attiya , Sandeep Hans , Petr Kuznetsov , Srivatsan Ravi

The Proof of Efficient Liquidity (PoEL) protocol, designed for specialised Proof of Stake (PoS) consensus-based blockchains that incorporate intrinsic DeFi applications, aims to support sustainable liquidity bootstrapping and network…

General Finance · Quantitative Finance 2024-02-19 Arman Abgaryan , Utkarsh Sharma , Joshua Tobkin

We provide an economic model of Execution Tickets and use it to study the ability of the Ethereum protocol to capture MEV from block construction. We demonstrate that Execution Tickets extract all MEV when all buyers are homogeneous, risk…

Computer Science and Game Theory · Computer Science 2024-08-22 Jonah Burian , Davide Crapis , Fahad Saleh

Multi-Access edge computing (MEC) is an emerging paradigm where users offload computationally intensive jobs to the Access Point (AP). Given that the AP's resources are shared by selfish users, pricing is a useful tool for incentivising…

Information Theory · Computer Science 2020-09-01 Lingxiang Li , Marie Siew , Tony Q. S. Quek , Zhi Chen

Vertical Federated Learning (VFL) enables collaborative model training across organizations that share common user samples but hold disjoint feature spaces. Despite its potential, VFL is susceptible to feature inference attacks, in which…

Machine Learning · Computer Science 2025-12-16 Sindhuja Madabushi , Ahmad Faraz Khan , Haider Ali , Ananthram Swami , Rui Ning , Hongyi Wu , Jin-Hee Cho

Inter-organizational business processes involve multiple independent organizations collaborating to achieve mutual interests. Process mining techniques have the potential to allow these organizations to enhance operational efficiency,…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-10-08 Valerio Goretti , Davide Basile , Luca Barbaro , Claudio Di Ciccio

As an integral part of the decentralized finance (DeFi) ecosystem, decentralized exchanges (DEXs) with automated market maker (AMM) protocols have gained massive traction with the recently revived interest in blockchain and distributed…

Trading and Market Microstructure · Quantitative Finance 2023-03-16 Jiahua Xu , Krzysztof Paruch , Simon Cousaert , Yebo Feng

Proof of work (PoW), the most popular consensus mechanism for Blockchain, requires ridiculously large amounts of energy but without any useful outcome beyond determining accounting rights among miners. To tackle the drawback of PoW, we…

Cryptography and Security · Computer Science 2019-12-30 Xidi Qu , Shengling Wang , Qin Hu , Xiuzhen Cheng

This work proposes DeepFolio, a new model for deep portfolio management based on data from limit order books (LOB). DeepFolio solves problems found in the state-of-the-art for LOB data to predict price movements. Our evaluation consists of…

The decentralized nature of federated learning makes detecting and defending against adversarial attacks a challenging task. This paper focuses on backdoor attacks in the federated learning setting, where the goal of the adversary is to…

Machine Learning · Computer Science 2019-12-04 Ziteng Sun , Peter Kairouz , Ananda Theertha Suresh , H. Brendan McMahan

Many cryptocurrency platforms are vulnerable to Maximal Extractable Value (MEV) attacks, where a malicious consensus leader can inject transactions or change the order of user transactions to maximize its profit. A promising line of…

Cryptography and Security · Computer Science 2022-12-26 Dahlia Malkhi , Pawel Szalachowski

An important challenge in multi-objective reinforcement learning is obtaining a Pareto front of policies to attain optimal performance under different preferences. We introduce Iterated Pareto Referent Optimisation (IPRO), which decomposes…

Machine Learning · Computer Science 2025-02-07 Willem Röpke , Mathieu Reymond , Patrick Mannion , Diederik M. Roijers , Ann Nowé , Roxana Rădulescu

Federated Learning (FL) enables collaborative model training while preserving data privacy, but its practical deployment is hampered by system and statistical heterogeneity. While federated network pruning offers a path to mitigate these…

Machine Learning · Computer Science 2026-04-09 Zheng Jiang , Nan He , Yiming Chen , Lifeng Sun

Federated learning (FL) is a promising approach for enhancing data privacy preservation, particularly for authentication systems. However, limited round communications, scarce representation, and scalability pose significant challenges to…

Computer Vision and Pattern Recognition · Computer Science 2023-08-09 Hansol Kim , Youngjun Kwak , Minyoung Jung , Jinho Shin , Youngsung Kim , Changick Kim

Since the inception of permissionless blockchains with Bitcoin in 2008, it became apparent that their most well-suited use case is related to making the financial system and its advantages available to everyone seamlessly without depending…

General Finance · Quantitative Finance 2023-06-16 Georgios Palaiokrassas , Sandro Scherrers , Iason Ofeidis , Leandros Tassiulas

As cryptocurrency evolved, new financial instruments, such as lending and borrowing protocols, currency exchanges, fungible and non-fungible tokens (NFT), staking and mining protocols have emerged. A financial ecosystem built on top of a…

Trading and Market Microstructure · Quantitative Finance 2023-10-12 Priyanka Bose , Dipanjan Das , Fabio Gritti , Nicola Ruaro , Christopher Kruegel , Giovanni Vigna

Gradient sparsification is a widely adopted solution for reducing the excessive communication traffic in distributed deep learning. However, most existing gradient sparsifiers have relatively poor scalability because of considerable…

Machine Learning · Computer Science 2023-07-17 Daegun Yoon , Sangyoon Oh
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