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As a trusted middleware connecting the blockchain and the real world, the blockchain oracle can obtain trusted real-time price information for financial applications such as payment and settlement, and asset valuation on the blockchain.…

Cryptography and Security · Computer Science 2024-10-17 Youquan Xian , Xueying Zeng , Hao Wu , Danping Yang , Peng Wang , Peng Liu

We describe a plausible probabilistic model for a blockchain queueing environment in which rational, profit-maximising schedulers impose adversarial disciplines on incoming messages containing a payload that encodes a state transition in a…

Probability · Mathematics 2023-02-17 Andrew W. Macpherson

We present an example where a distributed coordinated protocol supported by a blockchain-enabled monetary mechanism leads to achieving optimal information theoretic degrees of freedom gains. The considered setting is that of a linear…

Information Theory · Computer Science 2018-08-07 Aly El Gamal , Hesham El Gamal

Many protocols in distributed computing rely on a source of randomness, usually called a random beacon, both for their applicability and security. This is especially true for proof-of-stake blockchain protocols in which the next miner or…

Cryptography and Security · Computer Science 2023-09-21 Zhuo Cai

Blockchain has been regarded as a promising technology for Internet of Things (IoT), since it provides significant solutions for decentralized network which can address trust and security concerns, high maintenance cost problem, etc. The…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-07-24 Bin Cao , Yixin Li , Lei Zhang , Long Zhang , Shahid Mumtaz , Zhenyu Zhou , Mugen Peng

Optimistic responsiveness -- the ability of a consensus protocol to operate at the speed of the network -- is widely used in consensus protocol design to optimize latency and throughput. However, blockchain applications incentivize…

Computer Science and Game Theory · Computer Science 2025-10-30 Kaya Alpturer , Kushal Babel , Aditya Saraf

Consensus algorithms are central to blockchain technology and an emerging research area. In this paper, we begin with an overview of the different types and architectures of blockchain networks. Then, with a focus on consortium blockchains,…

Data Structures and Algorithms · Computer Science 2023-09-28 Wei Yao , Fadi P. Deek , Renita Murimi , Guiling Wang

In this paper we analyze from the game theory point of view Byzantine Fault Tolerant blockchains when processes exhibit rational or Byzantine behavior. Our work is the first to model the Byzantine-consensus based blockchains as a committee…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-02-22 Yackolley Amoussou-Guenou , Bruno Biais , Maria Potop-Butucaru , Sara Tucci-Piergiovanni

The success of blockchain as the underlying technology for cryptocurrencies has opened up possibilities for its use in other application domains as well. The main advantages of blockchain for its potential use in other domains are its…

Networking and Internet Architecture · Computer Science 2019-06-21 Mehrdad Salimitari , Mainak Chatterjee

Blockchain is rapidly emerging as an important class of network application, with a unique set of trust, security and transparency properties. In a blockchain system, participants record and update the `server-side' state of an application…

Networking and Internet Architecture · Computer Science 2022-05-24 Yifan Mao , Shaileshh Bojja Venkatakrishnan

The surging interest in blockchain technology has revitalized the search for effective Byzantine consensus schemes. In particular, the blockchain community has been looking for ways to effectively integrate traditional Byzantine…

Cryptography and Security · Computer Science 2018-11-15 Jian Liu , Wenting Li , Ghassan O. Karame , N. Asokan

Trading data through blockchain platforms is hard to achieve \textit{fair exchange}. Reasons come from two folds: Firstly, guaranteeing fairness between sellers and consumers is a challenging task as the deception of any participating…

Cryptography and Security · Computer Science 2023-11-01 Erya Jiang , Bo Qin , Qin Wang , Qianhong Wu , Sanxi Li , Wenchang Shi , Yingxin Bi , Wenyi Tang

Prior work studies the question of ``fairly'' ordering transactions in a replicated state machine. Each of $n$ replicas receives transactions in a possibly different order, and the system must aggregate the observed orderings into a single…

Cryptography and Security · Computer Science 2024-10-02 Geoffrey Ramseyer , Ashish Goel

In the given technology-driven era, smart cities are the next frontier of technology, aiming at improving the quality of people's lives. Many research works focus on future smart cities with a holistic approach towards smart city…

Cryptography and Security · Computer Science 2021-07-22 S. Valli Sanghami , John J. Lee , Qin Hu

In the field of distributed consensus and blockchains, the synchronous communication model assumes that all messages between honest parties are delayed at most by a known constant $\Delta$. Recent literature establishes that the…

Cryptography and Security · Computer Science 2021-02-02 Suryanarayana Sankagiri , Shreyas Gandlur , Bruce Hajek

Blockchain-based IoT systems can manage IoT devices and achieve a high level of data integrity, security, and provenance. However, incorporating the existing consensus protocols in many IoT systems limits scalability and leads to high…

Cryptography and Security · Computer Science 2023-05-29 Hao Guo , Wanxin Li , Mark Nejad

This paper presents a reformulation in topos logic of a safety result arising in an abstract presentation of blockchain consensus protocols. That is, in a high-level template for "correct-by-construction" consensus protocols, it is shown…

Category Theory · Mathematics 2021-11-16 Michael Lambert

Consensus is arguably one of the most important notions in distributed computing. Among asynchronous, randomized, and signature-free implementations, the protocols of Most\'efaoui et al. (PODC 2014 and JACM 2015) represent a landmark…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-05-03 Christian Cachin , Luca Zanolini

Blockchains enables tamper-proof, ordered logging for transactional data in a decentralized manner over open-access, overlay peer-to-peer networks. In this paper, we propose a decentralized framework of proactive caching in a hierarchical…

Networking and Internet Architecture · Computer Science 2018-01-24 Wenbo Wang , Dusit Niyato , Ping Wang , Amir Leshem

Blockchains combine other technologies, such as cryptography, networking, and incentive mechanisms, to enable the creation, validation, and recording of transactions between participating nodes. A consensus algorithm is used in a blockchain…

Social and Information Networks · Computer Science 2021-09-01 Oladotun Aluko , Anton Kolonin
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