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Related papers: SoK: Consensus for Fair Message Ordering

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Blockchain has become a popular decentralized paradigm for various applications in the zero-trust environment. The core of the blockchain is the consensus protocol, which establishes consensus among all the participants. PoW (Proof-of-Work)…

Cryptography and Security · Computer Science 2023-08-30 Peiran Wang

We study blockchain trade-intent auctions, which currently intermediate about USD 10 billion in trades each month. These auctions are combinatorial because executing multiple trade intents jointly generates additional efficiencies. However,…

Theoretical Economics · Economics 2025-10-27 Andrea Canidio , Felix Henneke

Blockchain protocols implement total-order broadcast in a permissionless setting, where processes can freely join and leave. In such a setting, to safeguard against Sybil attacks, correct processes rely on cryptographic proofs tied to a…

Cryptography and Security · Computer Science 2022-11-23 Sarah Azouvi , Christian Cachin , Duc V. Le , Marko Vukolic , Luca Zanolini

The rapid evolution of blockchain technology has brought together stakeholders from fundamentally different backgrounds. The result is a diverse ecosystem, as exemplified by the development of a wide range of different blockchain protocols.…

Cryptography and Security · Computer Science 2021-07-20 Stefanos Leonardos , Daniel Reijsbergen , Georgios Piliouras

Classical and contemporary distributed consensus protocols, may they be for binary agreement, state machine replication, or blockchain consensus, require all protocol participants in a peer-to-peer system to agree on exactly the same…

Cryptography and Security · Computer Science 2022-05-03 Aditya Ahuja

Ensuring the correctness of distributed system implementations remains a challenging and largely unaddressed problem. In this paper we present a protocol that can be used to certify the safety of consensus implementations. Our proposed…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-03-11 Aurojit Panda

Proof-of-stake blockchain protocols have emerged as a compelling paradigm for organizing distributed ledger systems. In proof-of-stake (PoS), a subset of stakeholders participate in validating a growing ledger of transactions. For the…

Computer Science and Game Theory · Computer Science 2024-07-12 Aggelos Kiayias , Elias Koutsoupias , Francisco Marmolejo-Cossio , Aikaterini-Panagiota Stouka

Blockchain introduces decentralized trust in peer-to-peer networks, advancing security and democratizing systems. Yet, a unified definition for decentralization remains elusive. Our Systematization of Knowledge (SoK) seeks to bridge this…

General Economics · Economics 2023-08-21 Luyao Zhang , Xinshi Ma , Yulin Liu

Maximal Extractable Value (MEV) has become a significant incentive on blockchain networks, referring to the value captured through the manipulation of transaction execution order and strategic issuance of profit-generation transactions. We…

Cryptography and Security · Computer Science 2024-01-17 Burak Öz , Filip Rezabek , Jonas Gebele , Felix Hoops , Florian Matthes

Distributed consensus mechanisms have been widely researched and made popular with a number of blockchain-based token applications, such as Bitcoin, and Ethereum. Although these general-purpose platforms have matured for scale and security,…

Cryptography and Security · Computer Science 2020-04-28 Steven Platt , Miquel Oliver-Riera

Blockchain is a type of decentralized distributed network which acts as an immutable digital ledger. Despite the absence of any central governing authority to validate the blocks in the ledger, it is considered secure and immutable due to…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-09-07 Shashank Joshi

We study game-theoretically secure protocols for the classical ordinal assignment problem (aka matching with one-sided preference), in which each player has a total preference order on items. To achieve the fairness notion of equal…

Computer Science and Game Theory · Computer Science 2023-04-27 T-H. Hubert Chan , Ting Wen , Hao Xie , Quan Xue

Fault-tolerant distributed systems move the trust in a single party to a majority of parties participating in the protocol. This makes blockchain based crypto-currencies possible: they allow parties to agree on a total order of transactions…

Cryptography and Security · Computer Science 2023-03-15 Søren Eller Thomsen , Bas Spitters

This thesis proposes techniques aiming to make blockchain technologies and smart contract platforms practical by improving their scalability, latency, and privacy. This thesis starts by presenting the design and implementation of…

Cryptography and Security · Computer Science 2021-02-25 Alberto Sonnino

Achieving agreement among distributed parties is a fundamental task in modern systems, underpinning applications such as consensus in blockchains, coordination in cloud infrastructure, and fault tolerance in critical services. However, this…

Distributed, Parallel, and Cluster Computing · Computer Science 2026-02-18 Andrei Constantinescu , Marc Dufay , Anton Paramonov , Roger Wattenhofer

Existing permissioned blockchains often rely on coordination-based consensus protocols to ensure the safe execution of applications in a Byzantine environment. Furthermore, these protocols serialize the transactions by ordering them into a…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-10-25 Pezhman Nasirifard , Ruben Mayer , Hans-Arno Jacobsen

Byzantine fault tolerance (BFT) consensus is a fundamental primitive for distributed computation. However, BFT protocols suffer from the ordering manipulation, in which an adversary can make front-running. Several protocols are proposed to…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-09-20 Guangren Wang , Liang Cai , Fangyu Gai , Jianyu Niu

In this paper, we review the undercutting attacks in the transaction-fee-based regime of proof-of-work (PoW) blockchains with the longest chain fork-choice rule. Next, we focus on the problem of fluctuations in mining revenue and the mining…

Cryptography and Security · Computer Science 2023-02-13 Rastislav Budinský , Ivan Homoliak , Ivana Stančíková

We deal in this paper with the content forwarding problem in Delay Tolerant Networks (DTNs). We first formulate the content delivery interaction as a non-cooperative satisfaction game. On one hand, the source node seeks to ensure a delivery…

Computer Science and Game Theory · Computer Science 2016-08-19 Sidi Ahmed Ezzahidi , Essaid Sabir , Mounir Ghogho

This paper examines the economic and security implications of Proof-of-Stake (POS) designs, providing a survey of POS design choices and their underlying economic principles in prominent POS-blockchains. The paper argues that…

General Economics · Economics 2024-05-24 Nicolas Oderbolz , Beatrix Marosvölgyi , Matthias Hafner