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This chapter contributes to evolving the versatility and complexity of blockchain-enabled services through extending the functionality of blockchain-enforced smart contracts. The contributions include: (i) a method for automated management…

Cryptography and Security · Computer Science 2018-06-29 Craig Wright , Antoaneta Serguieva

Transaction fees represent a major incentive in many blockchain systems as a way to incentivize processing transactions. Unfortunately, they also introduce an enormous amount of incentive asymmetry compared to alternatives like fixed block…

Computer Science and Game Theory · Computer Science 2023-02-15 Michael Tang , Alex Zhang

We propose a smart contract that allows two mutually distrusting parties to transact any non-digital good or service by deploying a smart contract on a blockchain to act as escrow. The contract settles disputes by letting parties wager that…

Computer Science and Game Theory · Computer Science 2023-04-05 Nikolaj Ignatieff Schwartzbach

Many of the problems that arise in the context of blockchains and decentralized finance can be seen as variations on classical problems of distributed computing. The smart contract model proposed here is intended to capture both the…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-02-11 Yackolley Amoussou-Guenou , Maurice Herlihy , Sucharita Jayanti , Maria Potop-Butucaru , Sergio Rajsbaum

Lately, Non-Fungible Tokens (NFTs), i.e., uniquely discernible assets on a blockchain, have skyrocketed in popularity by addressing a broad audience. However, the typical NFT auctioning procedures are conducted in various, ad hoc ways,…

Computer Science and Game Theory · Computer Science 2022-09-26 Jason Milionis , Dean Hirsch , Andy Arditi , Pranav Garimidi

Motivated by the great success and adoption of Bitcoin, a number of cryptocurrencies such as Litecoin, Dogecoin, and Ethereum are becoming increasingly popular. Although existing blockchain-based cryptocurrency schemes can ensure reasonable…

Cryptography and Security · Computer Science 2016-12-02 Jian Liu , Wenting Li , Ghassan O. Karame , N. Asokan

The development of blockchain technologies has enabled the trustless execution of so-called smart contracts, i.e. programs that regulate the exchange of assets (e.g., cryptocurrency) between users. In a decentralized blockchain, the state…

Programming Languages · Computer Science 2020-04-28 Massimo Bartoletti , Letterio Galletta , Maurizio Murgia

Smart contract transactions demonstrate issues of performance and correctness that application programmers must work around. Although the blockchain consensus mechanism approaches ACID compliance, use cases that rely on frequent state…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-05-30 Victor Cook , Zachary Painter , Christina Peterson , Damian Dechev

Machine learning has recently enabled large advances in artificial intelligence, but these results can be highly centralized. The large datasets required are generally proprietary; predictions are often sold on a per-query basis; and…

Artificial Intelligence · Computer Science 2020-09-23 Justin D. Harris

Blockchain technology enables stakeholders to conduct trusted data sharing and exchange without a trusted centralized institution. These features make blockchain applications attractive to enhance trustworthiness in very different contexts.…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-07-18 Xiaohui Zhang , Mingying Xue , Xianghua Miao

Maximal extractable value (MEV) in which block proposers unethically gain profits by manipulating the order in which transactions are included within a block, is a key challenge facing blockchains such as Ethereum today. Left unchecked, MEV…

Cryptography and Security · Computer Science 2024-05-16 Yifan Mao , Mengya Zhang , Shaileshh Bojja Venkatakrishnan , Zhiqiang Lin

We study a \emph{financial} version of the classic online problem of scheduling weighted packets with deadlines. The main novelty is that, while previous works assume packets have \emph{fixed} weights throughout their lifetime, this work…

Computer Science and Game Theory · Computer Science 2025-02-21 Yotam Gafni , Aviv Yaish

Deploying mobile edge computing (MEC) server in the mobile blockchain-enabled Internet of things (IoT) system is a promising approach to improve the system performance, however, it imposes a significant challenge on the trust of MEC server.…

Information Theory · Computer Science 2019-11-20 Yiping Zuo , Shi Jin , Shengli Zhang

The blockchain oracle problem, which refers to the challenge of injecting reliable external data into decentralized systems, remains a fundamental limitation to the development of trustless applications. While recent years have seen a…

Cryptography and Security · Computer Science 2025-12-04 Giulio Caldarelli

Recently, the Internet of Things (IoT) environment has become increasingly fertile for malicious users to break the security and privacy of IoT users. Access control is a paramount necessity to forestall illicit access. Traditional access…

Cryptography and Security · Computer Science 2025-03-25 Ebtihal Abdulrahman , Suhair Alshehri , Ali Alzubaidy , Asma Cherif

Personal IoT data is a new economic asset that individuals can trade to generate revenue on the emerging data marketplaces. Typically, marketplaces are centralized systems that raise concerns of privacy, single point of failure, little…

Cryptography and Security · Computer Science 2020-09-15 Pooja Gupta , Volkan Dedeoglu , Kamran Najeebullah , Salil S. Kanhere , Raja Jurdak

Companies are rushing to deliver their services and solutions through the cloud. The scheduling process is very critical in reducing delays. Scheduling also has a role in accessing resources without excessive waiting time. All this in…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-01-28 M A El-Dosuky , Gamal H Eladl

Milionis et al.(2023) studied the rate at which automated market makers leak value to arbitrageurs when block times are discrete and follow a Poisson process, and where the risky asset price follows a geometric Brownian motion. We extend…

Trading and Market Microstructure · Quantitative Finance 2024-07-30 Ciamac C. Moallemi , Dan Robinson

Blockchains are being positioned as the "technology of trust" that can be used to mediate transactions between non-trusting parties without the need for a central authority. They support transaction types that are native to the blockchain…

Cryptography and Security · Computer Science 2024-11-06 Nodirbek Korchiev , Akash Pateria , Vodelina Samatova , Sogolsadat Mansouri , Kemafor Anyanwu

We argue that recent developments in proof-of-work consensus mechanisms can be used in accordance with advancements in formal verification techniques to build a distributed payment protocol that addresses important economic drawbacks from…

Cryptography and Security · Computer Science 2020-05-14 Assimakis Kattis , Fabian Trottner
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