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This paper proposes a method of emulation of \verb|OP_RAND| opcode on Bitcoin through a trustless interactive game between transaction counterparties. The game result is probabilistic and doesn't allow any party to cheat, increasing their…

Cryptography and Security · Computer Science 2025-02-14 Oleksandr Kurbatov

This paper proposes a new microblogging architecture based on peer-to-peer networks overlays. The proposed platform is comprised of three mostly independent overlay networks. The first provides distributed user registration and…

Networking and Internet Architecture · Computer Science 2013-12-30 Miguel Freitas

A key performance metric in blockchains is the latency between when a transaction is broadcast and when it is confirmed (the so-called, confirmation latency). While improvements in consensus techniques can lead to lower confirmation…

Networking and Internet Architecture · Computer Science 2020-06-26 Yifan Mao , Soubhik Deb , Shaileshh Bojja Venkatakrishnan , Sreeram Kannan , Kannan Srinivasan

Smart contracts are cryptographic protocols that are enforced without a judiciary. Smart contracts are used occasionally in Bitcoin and are prevalent in Ethereum. Public quantum money improves upon cash we use today, yet the current…

Quantum Physics · Physics 2022-09-20 Or Sattath

Proof of work blockchain protocols using multiple hash types are considered. It is proven that the security region of such a protocol cannot be the AND of a 51\% attack on all the hash types. Nevertheless, a protocol called Merged Bitcoin…

Cryptography and Security · Computer Science 2026-01-15 Christopher Blake , Chen Feng , Xuachao Wang , Qianyu Yu

Polkadot is a network protocol launched in 2020 with the ambition of unlocking the full potential of blockchain technologies. Its novel multi-chain protocol allows arbitrary data to be transferred across heterogeneous blockchains, enabling…

Cryptography and Security · Computer Science 2022-07-29 Hanaa Abbas , Maurantonio Caprolu , Roberto Di Pietro

In Bitcoin and Ethereum, nodes require large storage capacity to maintain all the blockchain data, such as transactions, UTXOs, and account states. As of May 2020, the storage size of the Bitcoin blockchain has expanded to 270 GB, and it…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-07-17 Ryunosuke Nagayama , Ryohei Banno , Kazuyuki Shudo

As an emerging service framework built by combining cryptography, P2P network, consensus mechanism and innovative contract technology, blockchain has been widely used in digital finance, data sharing, message traceability and electronic…

Cryptography and Security · Computer Science 2025-08-05 Wenwen Zhou , Dongyang Lyu , Xiaoqi Li

Public blockchains like Ethereum use Merkle trees to verify transactions received from untrusted servers before applying them to the blockchain. We empirically show that the low throughput of such blockchains is due to the I/O bottleneck…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-10-19 Soujanya Ponnapalli , Aashaka Shah , Amy Tai , Souvik Banerjee , Vijay Chidambaram , Dahlia Malkhi , Michael Wei

The increasing complexity of digital asset transactions across multiple blockchains necessitates a robust atomic swap protocol that can securely handle more than two participants. Traditional atomic swap protocols, including those based on…

Cryptography and Security · Computer Science 2024-06-25 Shengewei You , Aditya Joshi , Andrey Kuehlkamp , Jarek Nabrzyski

The Lightning Network (LN) is a prominent payment channel network aimed at addressing Bitcoin's scalability issues. Due to the privacy of channel balances, senders cannot reliably choose sufficiently liquid payment paths and resort to a…

Cryptography and Security · Computer Science 2021-03-16 Rene Pickhardt , Sergei Tikhomirov , Alex Biryukov , Mariusz Nowostawski

Permissionless blockchains protocols such as Bitcoin are inherently limited in transaction throughput and latency. Current efforts to address this key issue focus on off-chain payment channels that can be combined in a Payment-Channel…

Cryptography and Security · Computer Science 2019-11-22 Giulio Malavolta , Pedro Moreno-Sanchez , Aniket Kate , Matteo Maffei , Srivatsan Ravi

The increasing adoption of cryptocurrencies has significantly amplified the resource requirements for operating full nodes, creating substantial barriers to entry. Unlike miners, who are financially incentivized through block rewards and…

Cryptography and Security · Computer Science 2025-04-24 Hina Binte Haq , Syed Taha Ali , Asad Salman , Patrick McCorry , Siamak F. Shahandashti

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

Popular cryptocurrencies continue to face serious scalability issues due to their ever-growing blockchains. Thus, modern blockchain designs began to prune old blocks and rely on recent snapshots for their bootstrapping processes instead.…

Cryptography and Security · Computer Science 2021-11-29 Roman Matzutt , Benedikt Kalde , Jan Pennekamp , Arthur Drichel , Martin Henze , Klaus Wehrle

Blockchain technologies underpin an expanding ecosystem of decentralized applications, financial systems, and infrastructure. However, the fundamental networking layer that sustains these systems, the peer-to-peer layer, of all but the top…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-11-20 Lucianna Kiffer , Lioba Heimbach , Dennis Trautwein , Yann Vonlanthen , Oliver Gasser

Demand for blockchains such as Bitcoin and Ethereum is far larger than supply, necessitating a mechanism that selects a subset of transactions to include "on-chain" from the pool of all pending transactions. This paper investigates the…

Cryptography and Security · Computer Science 2023-12-27 Tim Roughgarden

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

The Bitcoin Backbone Protocol [GKL15] is an abstraction of the bitcoin proof-of-work consensus protocol. We use a model-checking tool (UPPAALSMC) to examine the concrete security of proof-ofwork consensus by varying protocol parameters and…

Cryptography and Security · Computer Science 2020-07-20 Max DiGiacomo-Castillo , Yiyun Liang , Advay Pal , John C. Mitchell

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