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Proof of Stake (PoS) protocols rely on voting mechanisms to reach consensus on the current state. If an enhanced majority of staking nodes, also called validators, agree on a proposed block, then this block is appended to the blockchain.…

Computer Science and Game Theory · Computer Science 2021-07-20 Stefanos Leonardos , Daniel Reijsbergen , Georgios Piliouras

The ability to perform repeated Byzantine agreement lies at the heart of important applications such as blockchain price oracles or replicated state machines. Any such protocol requires the following properties: (1) \textit{Byzantine…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-06-17 Shlomi Dolev , Amit Hendin , Maurice Herlihy , Maria Potop Butucaru , Elad Michael Schiller

Quantum Byzantine Agreement (QBA), a cornerstone of quantum blockchain, offers inherent advantages in security and fault tolerance over classical protocols, guaranteed by the laws of quantum mechanics. However, existing multiparty QBA…

Quantum Physics · Physics 2026-02-13 Chen-Xun Weng , Ming-Yang Li , Shi-Gen Li , Mengya Zhu , Xiao-Ran Sun , Hua-Lei Yin , Zeng-Bing Chen

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

The proof-of-work consensus protocol suffers from two main limitations: waste of energy and offering only probabilistic guarantees about the status of the blockchain. This paper introduces SklCoin, a new Byzantine consensus protocol and its…

Cryptography and Security · Computer Science 2020-08-18 Zakwan Jaroucheh , Baraq Ghaleb , William J Buchanan

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

The popularization of blockchains leads to a resurgence of interest in Byzantine Fault-Tolerant (BFT) state machine replication protocols. However, much of the work on this topic focuses on the underlying consensus protocols, with emphasis…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-05-01 Alysson Bessani , Eduardo Alchieri , João Sousa , André Oliveira , Fernando Pedone

Permissioned blockchains employ Byzantine fault-tolerant (BFT) state machine replication (SMR) to reach agreement on an ever-growing, linearly ordered log of transactions. A new paradigm, combined with decades of research in BFT SMR and…

Cryptography and Security · Computer Science 2021-03-02 Fangyu Gai , Ali Farahbakhsh , Jianyu Niu , Chen Feng , Ivan Beschastnikh , Hao Duan

Blockchain technology sparked renewed interest in planetary-scale Byzantine fault-tolerant (BFT) state machine replication (SMR). While recent works predominantly focused on improving the scalability and throughput of these protocols, few…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-10-01 Christian Berger , Lívio Rodrigues , Hans P. Reiser , Vinicius Cogo , Alysson Bessani

The novel blockchain generation of Byzantine fault-tolerant (BFT) state machine replication (SMR) protocols focuses on scalability and performance to meet requirements of distributed ledger technology (DLT), e.g., decentralization and…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-09-07 Christian Berger , Sadok Ben Toumia , Hans P. Reiser

Byzantine general problem is the core problem of the consensus algorithm, and many protocols are proposed recently to improve the decentralization level, the performance and the security of the blockchain. There are two challenging issues…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-07-09 Tzu-Wei Chao , Hao Chung , Po-Chun Kuo

The property of proportional representation in approval-based committee elections has appeared in the social choice literature for over a century, and is typically understood as avoiding the underrepresentation of minorities. However, we…

Data Structures and Algorithms · Computer Science 2021-09-14 Alfonso Cevallos , Alistair Stewart

In this paper, we present a Byzantine fault tolerant distributed commit protocol for transactions running over untrusted networks. The traditional two-phase commit protocol is enhanced by replicating the coordinator and by running a…

Distributed, Parallel, and Cluster Computing · Computer Science 2016-11-17 Wenbing Zhao

We study the problem of state machine replication (SMR)---the underlying problem addressed by blockchain protocols---in the presence of a malicious adversary who can corrupt some fraction of the parties running the protocol. Existing…

Cryptography and Security · Computer Science 2020-03-31 Erica Blum , Jonathan Katz , Julian Loss

Distributed algorithms solving agreement problems like consensus or state machine replication are essential components of modern fault-tolerant distributed services. They are also notoriously hard to understand and reason about. Their…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-01-25 Berk Cirisci , Constantin Enea , Suha Orhun Mutluergil

Recently, two attacks were presented against Proof-of-Stake (PoS) Ethereum: one where short-range reorganizations of the underlying consensus chain are used to increase individual validators' profits and delay consensus decisions, and one…

Cryptography and Security · Computer Science 2021-10-20 Caspar Schwarz-Schilling , Joachim Neu , Barnabé Monnot , Aditya Asgaonkar , Ertem Nusret Tas , David Tse

Proof of Stake (PoS) is a burgeoning Sybil resistance mechanism that aims to have a digital asset ("token") serve as security collateral in crypto networks. However, PoS has so far eluded a comprehensive threat model that encompasses both…

General Finance · Quantitative Finance 2020-02-05 Tarun Chitra

Byzantine agreement, the underlying core of blockchain, aims to make every node in a decentralized network reach consensus. Classical Byzantine agreements unavoidably face two major problems. One is $1/3$ fault-tolerance bound, which means…

This paper introduces a deterministic Byzantine consensus algorithm that relies on a new weak coordinator. As opposed to previous algorithms that cannot terminate in the presence of a faulty or slow coordinator, our algorithm can terminate…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-07-26 Tyler Crain , Vincent Gramoli , Mikel Larrea , Michel Raynal

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