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We introduce Casanova, a leaderless optimistic consensus protocol designed for a permissioned blockchain. Casanova produces blocks in a DAG rather than a chain, and combines voting rounds with block production by singling out individual…

Cryptography and Security · Computer Science 2019-05-02 Kyle Butt , Derek Sorensen , Michael Stay

In this paper, we present a pricing mechanism that aligns incentives of agents who exchange resources on a decentralized ledger with the goal of maximizing transaction throughput. Subdividing a blockchain ledger into shards promises to…

Systems and Control · Electrical Eng. & Systems 2020-09-02 James R. Riehl , Jonathan Ward

Selfish Mining is strategic rule-breaking to maximize rewards in proof-of-work protocols [3] and Markov Decision Processes (MDPs) are the preferred tool for finding optimal strategies in Bitcoin [4, 10] and similar linear chain protocols…

Cryptography and Security · Computer Science 2024-05-01 Patrik Keller

Chainspace is a decentralized infrastructure, known as a distributed ledger, that supports user defined smart contracts and executes user-supplied transactions on their objects. The correct execution of smart contract transactions is…

Cryptography and Security · Computer Science 2017-08-15 Mustafa Al-Bassam , Alberto Sonnino , Shehar Bano , Dave Hrycyszyn , George Danezis

The connected and autonomous systems (CAS) and auto-driving era is coming into our life. To support CAS applications such as AI-driven decision-making and blockchain-based smart data management platform, data and message…

Networking and Internet Architecture · Computer Science 2023-11-14 Huanyu Wu , Chentao Yue , Lei Zhang , Yonghui Li , Muhammad Ali Imran

Distributed immutable ledgers, or blockchains, allow the secure digitization of evidential transactions without relying on a trusted third-party. Evidential transactions involve the exchange of any form of physical evidence, such as money,…

Cryptography and Security · Computer Science 2024-03-26 Zaynah Dargaye , Önder Gürcan , Florent Kirchner , Sara Tucci-Piergiovanni

Hyperledger Fabric is a leading permissioned blockchain framework for enterprise use, known for its modular design and privacy features. While it strongly supports configurable consensus and access control, Fabric can face challenges in…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-09-10 Sanyam Kaul , Manaswini Piduguralla , Gayathri Shreeya Patnala , Sathya Peri

Distributed ledger and blockchain systems are expected to make financial systems easier to audit, reduce counter-party risk and transfer assets seamlessly. The key concept is a token controlled by a cryptographic private key for spending,…

Cryptography and Security · Computer Science 2019-02-11 Christopher D. Clack , Nicolas T. Courtois

Consensus plays a crucial role in distributed ledger systems, impacting both scalability and decentralization. Many blockchain systems use a weighted lottery based on a scarce resource such as a stake, storage, memory, or computing power to…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-09-18 Grigorii Melnikov , Sebastian Müller , Nikita Polyanskii , Yury Yanovich

DAG-based BFT consensus has attracted growing interest in distributed data management systems for consistent replication in untrusted settings due to its high throughput and resilience to asynchrony. However, existing protocols still suffer…

Distributed, Parallel, and Cluster Computing · Computer Science 2026-02-04 Shaokang Xie , Dakai Kang , Hanzheng Lyu , Jianyu Niu , Mohammad Sadoghi

Blockchain is a distributed database that keeps a chronologically-growing list (chain) of records (blocks) secure from tampering and revision. While computerisation has changed the nature of a ledger from clay tables in the old days to…

General Finance · Quantitative Finance 2016-12-20 Jan Hendrik Witte

This paper presents V-Guard, a new permissioned blockchain that achieves consensus for vehicular data under changing memberships, targeting the problem in V2X networks where vehicles are often intermittently connected on the roads. To…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-04-05 Gengrui Zhang , Yunhao Mao , Shiquan Zhang , Shashank Motepalli , Fei Pan , Hans-Arno Jacobsen

This paper presents a partially synchronous BFT consensus protocol powered by BBCA, a lightly modified Byzantine Consistent Broadcast (BCB) primitive. BBCA provides a Complete-Adopt semantic through an added probing interface to allow…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-05-28 Dahlia Malkhi , Chrysoula Stathakopoulou , Maofan Yin

Verifiable ledger databases protect data history against malicious tampering. Existing systems, such as blockchains and certificate transparency, are based on transparency logs -- a simple abstraction allowing users to verify that a log…

Databases · Computer Science 2023-02-21 Cong Yue , Tien Tuan Anh Dinh , Zhongle Xie , Meihui Zhang , Gang Chen , Beng Chin Ooi , Xiaokui Xiao

The rise of blockchain and Digital Ledger Technology (DLT) has gained wide traction. Instead of relying on a traditional centralized data authority, a blockchain system consists of digitally entangled block data shared across a distributed…

Cryptography and Security · Computer Science 2025-07-21 Feng Yu , Ryan Laird

The specification and enforcement of network-wide policies in a single administrative domain is common in today's networks and considered as already resolved. However, this is not the case for multi-administrative domains, e.g. among…

Networking and Internet Architecture · Computer Science 2019-01-14 Jordi Paillisse , Jordi Subira , Albert Lopez , Alberto Rodriguez-Natal , Vina Ermagan , Fabio Maino , Albert Cabellos

In response to the bottleneck of processing throughput inherent to single chain PoW blockchains, several proposals have substituted a single chain for Directed Acyclic Graphs (DAGs). In this work, we investigate two notable DAG-oriented…

Cryptography and Security · Computer Science 2021-09-03 Martin Perešíni , Federico Matteo Benčić , Kamil Malinka , Ivan Homoliak

Decentralized Autonomous Organizations (DAOs) run protocol governance by letting token holders vote on proposals. The dominant rule, voting power proportional to wallet balance, concentrates control among a small number of large holders,…

Computer Science and Game Theory · Computer Science 2026-05-20 Austin Bennett , Preston Vander Vos , Duc V. Le , Mira Belenkiy

In this paper we describe LUNES-Blockchain, an agent-based simulator of blockchains that relies on Parallel and Distributed Simulation (PADS) techniques to obtain high scalability. The software is organized as a multi-level simulator that…

Cryptography and Security · Computer Science 2021-09-20 Luca Serena , Gabriele D'Angelo , Stefano Ferretti

Credit Guarantee Schemes (CGSs) are crucial in mitigating SMEs' financial constraints. However, they are renownedly affected by critical shortcomings, such as a lack of financial sustainability and operational efficiency. Distributed Ledger…

Computational Engineering, Finance, and Science · Computer Science 2026-02-19 Sabrina Leo , Andrea Delle Foglie , Luca Barbaro , Edoardo Marangone , Ida Claudia Panetta , Claudio Di Ciccio