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Blockchain based systems allow various kinds of financial transactions to be executed in a decentralized manner. However, these systems often rely on a trusted third party (oracle) to get correct information about the real-world events,…

Artificial Intelligence · Computer Science 2020-07-28 Naman Goel , Cyril van Schreven , Aris Filos-Ratsikas , Boi Faltings

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…

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

During the Coincheck incident, which recorded the largest damages in cryptocurrency history in 2018, it was demonstrated that using Mosaic token can have a certain effect. Although it seems attractive to employ tokens as countermeasures for…

Cryptography and Security · Computer Science 2021-02-26 Teppei Sato , Keita Emura , Tomoki Fujitani , Kazumasa Omote

In cryptocurrencies, transaction fees are typically exclusively paid in the native platform currency. This restriction causes a wide range of challenges, such as deteriorated user experience, mandatory rent payments by decentralized…

Computers and Society · Computer Science 2020-04-20 István András Seres

Blockchains use peer-to-peer networks for disseminating information among peers, but these networks currently do not have any provable guarantees for desirable properties such as Byzantine fault tolerance, good connectivity and small…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-02-01 Vijeth Aradhya , Seth Gilbert , Aquinas Hobor

Financial regulators have long-standing concerns about fully decentralized exchanges that run 'on-chain' without any obvious regulatory hooks. The popularity of Uniswap, an automated market makers (AMM), made these concerns a reality. AMMs…

Cryptography and Security · Computer Science 2021-10-07 Mahsa Moosavi , Jeremy Clark

Personal cryptographic keys are the foundation of many secure services, but storing these keys securely is a challenge, especially if they are used from multiple devices. Storing keys in a centralized location, like an Internet-accessible…

Cryptography and Security · Computer Science 2018-10-04 Arseny Kurnikov , Andrew Paverd , Mohammad Mannan , N. Asokan

Automated Market Makers (AMMs) are decentralized exchange protocols that provide continuous access to token liquidity without the need for order books or traditional market makers. However, this innovation has failed to scale when it comes…

Computational Engineering, Finance, and Science · Computer Science 2025-06-02 Sumit Vohra

Prior to provisioning sensor data to smart contracts, a pre-processing of the data on intermediate off-chain nodes is often necessary. When doing so, originally constructed cryptographic signatures cannot be verified on-chain anymore. This…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-11-01 Jonathan Heiss , Anselm Busse , Stefan Tai

In order to have transactions executed and recorded on blockchains such as the Ethereum Mainnet, fees expressed in crypto-currency units of the blockchain must be paid. One can buy crypto-currency called Ether of the Ethereum blockchain…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-08-20 Serdar Metin , Can Özturan

Conthereum is a concurrent Ethereum solution for intra-block parallel transaction execution, enabling validators to utilize multi-core infrastructure and transform the sequential execution model of Ethereum into a parallel one. This shift…

Cryptography and Security · Computer Science 2025-07-23 Atefeh Zareh Chahoki , Maurice Herlihy , Marco Roveri

Blockchain systems are designed, built and operated in the presence of failures. There are two dominant failure models, namely crash fault and Byzantine fault. Byzantine fault tolerance (BFT) protocols offer stronger security guarantees,…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-08-04 Mingyuan Gao , Hung Dang , Ee-Chien Chang , Jialin Li

Blockchains face inherent limitations when communicating outside their own ecosystem, largely due to the Byzantine Fault Tolerant (BFT) 3f+1 security model. Trusted Execution Environments (TEEs) are a promising mitigation because they allow…

Theoretical Economics · Economics 2025-11-06 Alex Shamis , Matt Stephenson , Linfeng Zhou

Traditional covert transmission (CT) approaches have been hindering CT application while blockchain technology offers new avenue. Current blockchain-based CT approaches require off-chain negotiation of critical information and often…

Cryptography and Security · Computer Science 2024-05-08 Zhenshuai Yue , Haoran Zhu , Xiaolin Chang , Jelena Mišić , Vojislav B. Mišić , Junchao Fan

Trusted Execution Environments (TEEs) have emerged as a cornerstone for securing sensitive computations by providing isolated enclaves protected from untrusted software. However, their security guarantees are undermined by vulnerabilities…

Cryptography and Security · Computer Science 2026-05-07 Saltanat Firdous Allaqband , Deepanjali S , Rohit Srinivas R G , Devashish Gosain , Chester Rebeiro

With the massive amount of digital data generated everyday, transactions of digital goods become a trend. One of the essential requirements for such transactions is fairness, which is defined as that both of the seller and the buyer get…

Cryptography and Security · Computer Science 2023-06-05 Peng Zhang , Jiaquan Wei , Yuhong Liu , Hongwei Liu

Monero is a popular crypto-currency which focuses on privacy. The blockchain uses cryptographic techniques to obscure transaction values as well as a `ring confidential transaction' which seeks to hide a real transaction among a variable…

Cryptography and Security · Computer Science 2020-01-14 Nathan Borggren , Hyoung-yoon Kim , Lihan Yao , Gary Koplik

Flexible resources in built environments are seen as a low-cost opportunity for delivering grid management services. Consequently, the centralised aggregator model, where the aggregator is used to bundle demand flexibility from flexible…

Cryptography and Security · Computer Science 2022-12-20 Samuel Karumba , Salil S. Kanhere , Raja Jurdak , Subbu Sethuvenkatraman

In the last two decades, the evolving cyber-threat landscape has brought to center stage the contentious tradeoffs between the security and performance of modern microprocessors. The guarantees provided by the hardware to ensure no…

Cryptography and Security · Computer Science 2023-05-26 Nikhilesh Singh , Vinod Ganesan , Chester Rebeiro

The Bitcoin system only provides eventual consistency. For everyday life, the time to confirm a Bitcoin transaction is prohibitively slow. In this paper we propose a new system, built on the Bitcoin blockchain, which enables strong…

Distributed, Parallel, and Cluster Computing · Computer Science 2014-12-30 Christian Decker , Jochen Seidel , Roger Wattenhofer