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We present Accept, a simple, asynchronous transaction system that achieves perfect horizontal scaling. Usual blockchain-based transaction systems come with a fundamental throughput limitation as they require that all (potentially unrelated)…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-08-12 Max Mathys , Roland Schmid , Jakub Sliwinski , Roger Wattenhofer

Bitcoin is the most successful cryptocurrency so far. This is mainly due to its novel consensus algorithm, which is based on proof-of-work combined with a cryptographically-protected data structure and a rewarding scheme that incentivizes…

Cryptography and Security · Computer Science 2019-05-24 Pawel Szalachowski , Daniel Reijsbergen , Ivan Homoliak , Siwei Sun

Digital money can be implemented efficiently by avoiding consensus. However, no-consensus implementations have drawbacks, as they cannot support smart contracts, and (even more fundamentally) they cannot deal with conflicting transactions.…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-10-05 Jakub Sliwinski , Yann Vonlanthen , Roger Wattenhofer

Permissionless blockchains offer many advantages but also have significant limitations including high latency. This prevents their use in important scenarios such as retail payments, where merchants should approve payments fast. Prior works…

Cryptography and Security · Computer Science 2020-01-07 Vasilios Mavroudis , Karl Wüst , Aritra Dhar , Kari Kostiainen , Srdjan Capkun

Performance and scalability are major concerns for blockchains: permissionless systems are typically limited by slow proof of X consensus algorithms and sequential post-order transaction execution on every node of the network. By…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-03-11 Christian Gorenflo , Lukasz Golab , Srinivasan Keshav

Transaction throughput, confirmation latency and confirmation reliability are fundamental performance measures of any blockchain system in addition to its security. In a decentralized setting, these measures are limited by two underlying…

Cryptography and Security · Computer Science 2019-10-03 Vivek Bagaria , Sreeram Kannan , David Tse , Giulia Fanti , Pramod Viswanath

Consensus in decentralized systems that asynchronously receive events and which are subject to Byzantine faults is a common problem with many real-life applications. Advances in decentralized systems, such as distributed ledger (i.e.,…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-09-05 Fedor Muratov , Andrei Lebedev , Nikolai Iushkevich , Bulat Nasrulin , Makoto Takemiya

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

Blockchain is a novel technology that is rising a lot of interest in the industrial and re- search sectors because its properties of decentralisation, immutability and data integrity. Initially, the underlying consensus mechanism has been…

Cryptography and Security · Computer Science 2018-05-10 Stefano De Angelis

Permissioned Blockchains are increasingly considered in enterprise use-cases, many of which do not require geo-distribution, or even disallow it due to legislation. Examples include country-wide networks, such as Alastria, or those deployed…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-07-27 Manuel Bravo , Zsolt István , Man-Kit Sit

A major challenge in blockchain sharding protocols is that more than 95% transactions are cross-shard. Not only those cross-shard transactions degrade the system throughput but also double the confirmation time, and exhaust an already…

Cryptography and Security · Computer Science 2021-10-19 Lan N. Nguyen , Truc Nguyen , Thang N. Dinh , My T. Thai

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

Blockchain is an incrementally updated ledger maintained by distributed nodes rather than centralized organizations. The current blockchain technology faces scalability issues, which include two aspects: low transaction throughput and high…

Cryptography and Security · Computer Science 2020-11-02 Xiangyu Wang , Ting Yang , Yu Wang

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

Blockchain technologies are facing a scalability challenge, which must be overcome to guarantee a wider adoption of the technology. This scalability issue is due to the use of consensus algorithms to guarantee the total order of the chain…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-02-10 Margarita Capretto , Martín Ceresa , Antonio Fernández Anta , Antonio Russo , César Sánchez

We propose a new protocol for the generalized consensus problem in asynchronous systems subject to Byzantine server failures. The protocol solves the consensus problem in a setting in which information about conflict between transactions is…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-05-29 Rida Bazzi , Maurice Herlihy

In this paper, we consider the problem of cross-chain payment whereby customers of different escrows -- implemented by a bank or a blockchain smart contract -- successfully transfer digital assets without trusting each other. Prior to this…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-12-11 Rob van Glabbeek , Vincent Gramoli , Pierre Tholoniat

Blockchain technologies are facing a scalability challenge, which must be overcome to guarantee a wider adoption of the technology. This scalability issue is mostly caused by the use of consensus algorithms to guarantee the total order of…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-06-24 Margarita Capretto , Martín Ceresa , Antonio Fernández Anta , Antonio Russo , César Sánchez

Blockchain consensus is a state whereby each node in a network agrees on the current state of the blockchain. Existing protocols achieve consensus via a contest or voting procedure to select one node as a dictator to propose new blocks.…

Theoretical Economics · Economics 2022-06-22 Joshua S. Gans , Richard Holden

This paper introduces Hamster, a novel synchronous Byzantine Fault Tolerance protocol that achieves better performance and has weaker dependency on synchrony. Specifically, Hamster employs coding techniques to significantly decrease…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-10-01 Ximing Fu , Mo Li , Qingming Zeng , Tianyang Li , Shenghao Yang , Yonghui Guan , Chuanyi Liu