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Byzantine fault-tolerant consensus protocols have provable safety and liveness properties for static validator sets. In practice, however, the validator set changes over time, potentially eroding the protocol's security guarantees. For…

Theoretical Economics · Economics 2024-06-12 Michael Neuder , Mallesh Pai , Max Resnick

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

A blockchain is a distributed ledger for recording transactions, maintained by many nodes without central authority through a distributed cryptographic protocol. All nodes validate the information to be appended to the blockchain, and a…

Distributed, Parallel, and Cluster Computing · Computer Science 2017-07-10 Christian Cachin , Marko Vukolić

We introduce Casper, a proof of stake-based finality system which overlays an existing proof of work blockchain. Casper is a partial consensus mechanism combining proof of stake algorithm research and Byzantine fault tolerant consensus…

Cryptography and Security · Computer Science 2019-01-23 Vitalik Buterin , Virgil Griffith

Off-chain scaling techniques allow mutually distrustful parties to execute a contract locally among themselves instead of on the global blockchain. Parties involved in the transaction maintain a multi-signature fraud-proof off-chain…

Networking and Internet Architecture · Computer Science 2018-10-02 Mo Dong , Qingkai Liang , Xiaozhou Li , Junda Liu

A hard-fork reconfiguration of the peer to peer Bitcoin network is described that substitutes tamper-evident logs and proof-of-stake consensus for proof-of-work consensus. The block creation rewards and transaction fees are reallocated to…

Computers and Society · Computer Science 2014-05-23 Stephen L. Reed

Oracle networks feeding off-chain information to a blockchain are required to solve a distributed agreement problem since these networks receive information from multiple sources and at different times. We make a key observation that in…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-05-15 Prasanth Chakka , Saurabh Joshi , Aniket Kate , Joshua Tobkin , David Yang

The proof-of-work consensus protocol suffers from two main limitations: waste of energy and offering only probabilistic guarantees about the status of the blockchain. This paper introduces SklCoin, a new Byzantine consensus protocol and its…

Cryptography and Security · Computer Science 2020-08-18 Zakwan Jaroucheh , Baraq Ghaleb , William J Buchanan

Blockchain systems rely on decentralized ledgers and strong security guarantees. A key requirement is non-repudiation, which prevents denial of transaction authorship and supports integrity of recorded data. This work surveys digital…

Cryptography and Security · Computer Science 2025-10-28 Kaveri Banerjee , Sajal Saha

The development of quantum information platforms such as quantum computers and quantum simulators that will rival classical Turing computations are typically viewed as a threat to secure data transmissions and therefore to crypto-systems…

Quantum Physics · Physics 2018-03-01 Kirill P. Kalinin , Natalia G. Berloff

Digital notarization is one of the most promising services offered by modern blockchain-based solutions. We present a digital notary design with incremental security and cost reduced with respect to current solutions. A client of the…

Cryptography and Security · Computer Science 2019-02-11 Alessio Meneghetti , Armanda Ottaviano Quintavalle , Massimiliano Sala , Alessandro Tomasi

Algorand is a recent, open-source public or permissionless blockchain system that employs a novel proof-of-stake byzantine consensus protocol to efficiently scale the distributed transaction agreement problem to billions of users. In…

Cryptography and Security · Computer Science 2019-11-11 Mehdi Fooladgar , Mohammad Hossein Manshaei , Murtuza Jadliwala , Mohammad Ashiqur Rahman

On several proof-of-stake blockchains, agents engaged in validating transactions can open a pool to which others can delegate their stake in order to earn higher returns. We develop a model of staking pool formation in the presence of…

Computer Science and Game Theory · Computer Science 2022-10-05 Hans Gersbach , Akaki Mamageishvili , Manvir Schneider

Recent secure aggregation protocols enable privacy-preserving federated learning for high-dimensional models among thousands or even millions of participants. Due to the scale of these use cases, however, end-to-end empirical evaluation of…

Cryptography and Security · Computer Science 2024-04-01 Ivoline C. Ngong , Nicholas Gibson , Joseph P. Near

Modern blockchains increasingly consist of multiple clients that implement a single blockchain protocol. If there is a semantic mismatch between the protocol implementations, the blockchain can permanently split and introduce new attack…

Cryptography and Security · Computer Science 2025-01-22 Filip Drobnjakovic , Amir Kashapov , Matija Kupresanin , Bernhard Scholz , Pavle Subotic

Bitcoin rise has put blockchain technology into the mainstream, amplifying its potential and broad utility. While Bitcoin has become incredibly famous, its transaction rate has not match such a corresponding increase. It still takes…

Cryptography and Security · Computer Science 2024-06-21 Han Song , Zhongche Qu , Yihao Wei

Blockchain technology and related frameworks have recently received extensive attention. Blockchain systems use multi-party consensus protocols to reach agreements on transactions. Hyperledger Fabric framework exposes a multi-party…

Cryptography and Security · Computer Science 2022-09-21 Ivan Fedotov , Anton Khritankov , Artem Barger

Limited scalability and transaction costs are, among others, some of the critical issues that hamper a wider adoption of distributed ledger technologies (DLT). That is particularly true for the Ethereum blockchain, which, so far, has been…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-08-17 Simone Bottoni , Anwitaman Datta , Federico Franzoni , Emanuele Ragnoli , Roberto Ripamonti , Christian Rondanini , Gokhan Sagirlar , Alberto Trombetta

Throughput limitations of existing blockchain architectures are well documented and are one of the most significant hurdles for their wide-spread adoption. In our previous proof-of-concept work, we have shown that separating computation…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-09-13 Alexander Hentschel , Dieter Shirley , Layne Lafrance , Maor Zamski

The transition of Ethereum from a Proof-of-Work (PoW) to a Proof-of-Stake (PoS) consensus mechanism introduces a transformative approach to blockchain validation, offering enhanced scalability, energy efficiency, and security. However, this…

Cryptography and Security · Computer Science 2024-12-17 Li Li
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