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In this paper, we present the first bare metal comparison of modern blockchains, including Algorand, Avalanche, Diem, Ethereum, Quorum and Solana. This evaluation was conducted with the recent Diablo benchmark suite, a framework to evaluate…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-11-17 Andrei Lebedev , Vincent Gramoli

The so-called blockchain trilemma asserts the impossibility of simultaneously achieving scalability, security, and decentralisation within a single blockchain protocol. In this paper, we formally refute that proposition. Employing predicate…

Computational Complexity · Computer Science 2025-07-09 Craig Wright

Blockchain technology has evolved through many changes and modifications, such as smart-contracts since its inception in 2008. The popularity of a blockchain system is due to the fact that it offers a significant security advantage over…

Blockchains are tamper evident and tamper resistant digital ledgers implemented in a distributed fashion (i.e., without a central repository) and usually without a central authority (i.e., a bank, company, or government). At their basic…

Cryptography and Security · Computer Science 2019-06-27 Dylan Yaga , Peter Mell , Nik Roby , Karen Scarfone

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

Blockchain and distributed ledger technologies rely on distributed consensus algorithms. In recent years many consensus algorithms and protocols have been proposed; most of them are for permissioned blockchain networks. However, the…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-01-19 Shiv Sondhi , Sherif Saad , Kevin Shi , Mohammad Mamun , Issa Traore

Recently, distributed ledger technologies like blockchain have been proliferating and have attracted interest from the academic community, government, and industry. A wide range of blockchain solutions has been introduced, such as Bitcoin,…

Cryptography and Security · Computer Science 2022-08-25 Adel Albshri , Ali Alzubaidi , Bakri Awaji , Ellis Solaiman

Blockchain is gaining extensive attention due to its provision of secure and decentralized resource sharing manner. However, the incumbent blockchain systems also suffer from a number of challenges in operational maintenance, quality…

Cryptography and Security · Computer Science 2020-04-07 Zibin Zheng , Hong-Ning Dai , Jiajing Wu

Mobile edge computing (MEC) and next-generation mobile networks are set to disrupt the way intelligent and autonomous systems are interconnected. This will have an effect on a wide range of domains, from the Internet of Things to autonomous…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-06-16 Jorge Peña Queralta , Tomi Westerlund

This paper presents a novel adversary model specifically tailored to distributed systems, aiming to assess the security of blockchain networks. Building upon concepts such as adversarial assumptions, goals, and capabilities, our proposed…

Cryptography and Security · Computer Science 2024-04-04 Erwan Mahe , Rouwaida Abdallah , Sara Tucci-Piergiovanni , Pierre-Yves Piriou

Despite their development for over a decade, a key problem blockchains are still facing is scalability in terms of throughput, typically limited to a few transactions per second. A fundamental factor limiting this metric is the propagation…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-07-12 Evangelos Kolyvas , Spyros Voulgaris

Blockchain technology has experienced substantial growth in recent years, yet the diversity of blockchain applications has been limited. Blockchain provides many desirable features for applications, including being append-only, immutable,…

Cryptography and Security · Computer Science 2023-05-09 Collin Connors , Dilip Sarkar

Blockchain, as the basis for cryptocurrencies, has received extensive attentions recently. Blockchain serves as an immutable distributed ledger technology which allows transactions to be carried out credibly in a decentralized environment.…

Cryptography and Security · Computer Science 2023-10-10 Min An , Qiyuan Fan , Hao Yu , Haiyang Zhao

If blockchain networks are to become the building blocks of the infrastructure for the future digital economy, then several challenges related to the resiliency and survivability of blockchain networks need to be addressed. The…

Cryptography and Security · Computer Science 2020-05-12 Thomas Hardjono , Ned Smith

As all software, blockchain nodes are exposed to faults in their underlying execution stack. Unstable execution environments can disrupt the availability of blockchain nodes interfaces, resulting in downtime for users. This paper introduces…

Software Engineering · Computer Science 2024-02-08 Javier Ron , César Soto-Valero , Long Zhang , Benoit Baudry , Martin Monperrus

As an innovative technology for enhancing authenticity, security, and risk management, blockchain is being widely adopted in trade and finance systems. The unique capabilities of blockchain, such as immutability and transparency, enable new…

Cryptography and Security · Computer Science 2024-02-28 Hanjie Wu , Qian Yao , Zhenguang Liu , Butian Huang , Yuan Zhuang , Huayun Tang , Erwu Liu

Research in blockchain systems has mainly focused on improving security and bridging the performance gaps between blockchains and databases. Despite many promising results, we observe a worrying trend that the blockchain landscape is…

Databases · Computer Science 2019-10-23 Tien Tuan Anh Dinh , Anwitaman Datta , Beng Chin Ooi

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,…

Computers and Society · Computer Science 2018-01-10 Munindar P. Singh , Amit K. Chopra

Blockchain eliminates the need for trusted third-party intermediaries in business by enabling decentralised architecture design in software applications. However, the vulnerabilities in on-chain autonomous decision-makings and cumbersome…

Software Engineering · Computer Science 2022-06-03 Yue Liu , Qinghua Lu , Guangsheng Yu , Hye-Young Paik , Liming Zhu

Despite being under development for over 15 years, transaction throughput remains one of the key challenges confronting blockchains, which typically has a cap of a limited number of transactions per second. A fundamental factor limiting…

Distributed, Parallel, and Cluster Computing · Computer Science 2026-01-16 Evangelos Kolyvas , Alexandros Antonov , Spyros Voulgaris
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