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While the literature features a number of proposals to defend against transaction manipulation attacks, existing proposals are still not integrated within large blockchains, such as Bitcoin, Ethereum, and Cardano. Instead, the user…

Cryptography and Security · Computer Science 2026-01-22 Jannik Albrecht , Ghassan Karame

Many blockchain platform are subject to maximal value extraction (MEV), and users on the platform are losing money while sending transactions because the transaction order can be manipulated to extract value from them. Consensus protocols…

Cryptography and Security · Computer Science 2024-01-05 Bowen Xue , Sreeram Kannan

Blockchain systems often rely on rationality assumptions for their security, expecting that nodes are motivated to maximize their profits. These systems thus design their protocols to incentivize nodes to execute the honest protocol but…

Computer Science and Game Theory · Computer Science 2023-05-02 Haoqian Zhang , Mahsa Bastankhah , Louis-Henri Merino , Vero Estrada-Galiñanes , Bryan Ford

Despite the popularity of Hashed Time-Locked Contracts (HTLCs) because of their use in wide areas of applications such as payment channels, atomic swaps, etc, their use in exchange is still questionable. This is because of its incentive…

Cryptography and Security · Computer Science 2025-10-24 Nitin Awathare

Strategies related to the blockchain concept of Extractable Value (MEV/BEV), such as arbitrage, front-, or back-running create strong economic incentives for network nodes to reduce latency. Modified nodes, that minimize transaction…

Cryptography and Security · Computer Science 2025-02-10 Taro Tsuchiya , Liyi Zhou , Kaihua Qin , Arthur Gervais , Nicolas Christin

Byzantine Fault Tolerant (BFT) consensus forms the foundation of many modern blockchains striving for both high throughput and low latency. A growing bottleneck is transaction execution and validation on the critical path of consensus,…

Distributed, Parallel, and Cluster Computing · Computer Science 2026-02-25 Ignacio Amores-Sesar , Mirza Ahad Baig , Seth Gilbert , Ray Neiheiser , Michelle X. Yeo

Off-chain transaction networks can mitigate the scalability issues of today's trustless electronic cash systems such as Bitcoin. However, these peer-to-peer networks also introduce a new attack surface which is not well-understood today.…

Cryptography and Security · Computer Science 2019-09-17 Saar Tochner , Stefan Schmid , Aviv Zohar

In this work, we reexamine the vulnerability of Payment Channel Networks (PCNs) to bribing attacks, where an adversary incentivizes blockchain miners to deliberately ignore a specific transaction to undermine the punishment mechanism of…

Cryptography and Security · Computer Science 2024-07-18 Zeta Avarikioti , Paweł Kędzior , Tomasz Lizurej , Tomasz Michalak

As the most successful cryptocurrency to date, Bitcoin constitutes a target of choice for attackers. While many attack vectors have already been uncovered, one important vector has been left out though: attacking the currency via the…

Networking and Internet Architecture · Computer Science 2017-03-28 Maria Apostolaki , Aviv Zohar , Laurent Vanbever

Mining attacks allow adversaries to obtain a disproportionate share of the mining reward by deviating from the honest mining strategy in the Bitcoin system. Among them, the most well-known are selfish mining (SM), block withholding (BWH),…

Computer Science and Game Theory · Computer Science 2023-05-15 Junjie Hu , Chunxiang Xu , Zhe Jiang , Jiwu Cao

Our aim in this paper is to investigate the profitability of double-spending (DS) attacks that manipulate an a priori mined transaction in a blockchain. It was well understood that a successful DS attack is established when the proportion…

Cryptography and Security · Computer Science 2020-10-15 Jehyuk Jang , Heung-No Lee

Low transaction throughput and poor scalability are significant issues in public blockchain consensus protocols such as Bitcoins. Recent research efforts in this direction have proposed shard-based consensus protocols where the key idea is…

Computer Science and Game Theory · Computer Science 2018-09-26 Mohammad Hossein Manshaei , Murtuza Jadliwala , Anindya Maiti , Mahdi Fooladgar

We present TRAIL: an algorithm that uses a novel consensus procedure to tolerate failed or malicious shards within a blockchain-based cryptocurrency. Our algorithm takes a new approach of selecting validator shards for each transaction from…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-05-14 Mitch Jacovetty , Joseph Oglio , Mikhail Nesterenko , Gokarna Sharma

The emerging cryptocurrency market has lately received great attention for asset allocation due to its decentralization uniqueness. However, its volatility and brand new trading mode have made it challenging to devising an acceptable…

Machine Learning · Computer Science 2021-10-19 Fengrui Liu , Yang Li , Baitong Li , Jiaxin Li , Huiyang Xie

Cryptocurrency off-chain networks such as Lightning (e.g., Bitcoin) or Raiden (e.g., Ethereum) aim to increase the scalability of traditional on-chain transactions. To support nodes in learning about possible paths to route their…

Cryptography and Security · Computer Science 2020-03-03 Utz Nisslmueller , Klaus-Tycho Foerster , Stefan Schmid , Christian Decker

The Lightning Network promises to alleviate Bitcoin's known scalability problems. The operation of such second layer approaches relies on the ability of participants to turn to the blockchain to claim funds at any time, which is assumed to…

Cryptography and Security · Computer Science 2020-08-28 Jona Harris , Aviv Zohar

Sharding is essential for improving blockchain scalability. Existing protocols overlook diverse adversarial attacks, limiting transaction throughput. This paper presents Reticulum, a groundbreaking sharding protocol addressing this issue,…

Cryptography and Security · Computer Science 2024-07-16 Yibin Xu , Jingyi Zheng , Boris Düdder , Tijs Slaats , Yongluan Zhou

Blockchains offer strong security gurarantees, but cannot protect users against the ordering of transactions. Players such as miners, bots and validators can reorder various transactions and reap significant profits, called the Maximal…

Cryptography and Security · Computer Science 2023-08-30 Arti Vedula , Shaileshh Bojja Venkatakrishnan , Abhishek Gupta

Most public blockchain protocols, including the popular Bitcoin and Ethereum blockchains, do not formally specify the order in which miners should select transactions from the pool of pending (or uncommitted) transactions for inclusion in…

Cryptography and Security · Computer Science 2021-10-25 Johnnatan Messias , Mohamed Alzayat , Balakrishnan Chandrasekaran , Krishna P. Gummadi , Patrick Loiseau , Alan Mislove

Adversarial examples mislead deep neural networks with imperceptible perturbations and have brought significant threats to deep learning. An important aspect is their transferability, which refers to their ability to deceive other models,…

Computer Vision and Pattern Recognition · Computer Science 2024-03-26 Kunyu Wang , Xuanran He , Wenxuan Wang , Xiaosen Wang