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Related papers: Decentralization: A Qualitative Survey of Node Ope…

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Nowadays, blockchain is becoming a synonym for distributed ledger technology. However, blockchain is only one of the specializations in the field and is currently well-covered in existing literature, but mostly from a cryptographic point of…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-04-27 Federico Matteo Benčić , Ivana Podnar Žarko

The decentralized trading market approach, where both autonomous agents and people can consume and produce services expanding own opportunities to reach goals, looks very promising as a part of the Fourth Industrial revolution. The key…

Software Engineering · Computer Science 2018-05-10 Konstantin Danilov , Ruslan Rezin , Alexander Kolotov , Ilya Afanasyev

Blockchain technology ensures secure and trustworthy data flow between multiple participants on the chain, but interoperability of on-chain and off-chain data has always been a difficult problem that needs to be solved. To solve the problem…

Cryptography and Security · Computer Science 2024-11-19 Xueying Zeng , Youquan Xian , Chunpei Li , Zhengdong Hu , Aoxiang Zhou , Peng Liu

Decentralized finance (DeFi) has the potential to disrupt centralized finance by validating peer-to-peer transactions through tamper-proof smart contracts, thus significantly lowering the transaction cost charged by financial…

General Economics · Economics 2023-12-04 Ziqiao Ao , Lin William Cong , Gergely Horvath , Luyao Zhang

A blockchain is a decentralised linked data structure that is characterised by its inherent resistance to data modification, but it is deficient in search queries, primarily due to its inferior data formatting. A distributed database is…

Databases · Computer Science 2019-01-11 Muhammad Muzammal , Qiang Qu , Bulat Nasrulin , Anders Skovsgaard

Financial markets are undergoing an unprecedented transformation. Technological advances have brought major improvements to the operations of financial services. While these advances promote improved accessibility and convenience,…

Trading and Market Microstructure · Quantitative Finance 2023-12-05 Agostino Capponi , Garud Iyengar , Jay Sethuraman

Cooperation is fundamental for human prosperity. Blockchain, as a trust machine, is a cooperative institution in cyberspace that supports cooperation through distributed trust with consensus protocols. While studies in computer science…

General Economics · Economics 2023-01-23 Luyao Zhang , Xinyu Tian

Blockchain is a decentralized transaction and data management solution, the technological weapon-of-choice behind the success of Bitcoin and other cryptocurrencies. As the number and variety of existing blockchain implementations continues…

Cryptography and Security · Computer Science 2018-12-24 Martin Garriga , Maximiliano Arias , Alan De Renzis

Autonomous software agents on blockchains solve distributed-coordination problems by reading shared ledger state instead of exchanging direct messages. Liquidation keepers, arbitrage bots, and other autonomous on-chain agents watch…

Distributed, Parallel, and Cluster Computing · Computer Science 2026-04-07 Fernando Paredes García

Bitcoin's global success has led to the rise of blockchain, but many systems labeled as "blockchain" deviate from its core principles, adding complexity to the ecosystem. This survey addresses the need for a comprehensive review and…

Cryptography and Security · Computer Science 2024-09-30 Badr Bellaj , Aafaf Ouaddah , Noel Crespi , Abdelatif Mezrioui , Emmanuel Bertin

In the past decade, blockchain has shown a promising vision greatly to build the trust without any powerful third party in a secure, decentralized and salable manner. However, due to the wide application and future development from…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-05-11 Bin Cao , Zixin Wang , Long Zhang , Daquan Feng , Mugen Peng , Lei Zhang

Storing big data directly on a blockchain poses a substantial burden due to the need to maintain a consistent ledger across all nodes. Numerous studies in decentralized storage systems have been conducted to tackle this particular…

Cryptography and Security · Computer Science 2024-10-01 Narges Dadkhah , Xuyang Ma , Katinka Wolter , Gerhard Wunder

Lending protocols are one of the main applications of Decentralized Finance (DeFi), enabling crypto-assets loan markets with a total value estimated in the tens of billions of dollars. Unlike traditional lending systems, these protocols…

Computer Science and Game Theory · Computer Science 2025-06-19 Massimo Bartoletti , Enrico Lipparini

Blockchain has been increasingly used as a software component to enable decentralisation in software architecture for a variety of applications. Blockchain governance has received considerable attention to ensure the safe and appropriate…

Software Engineering · Computer Science 2022-03-29 Yue Liu , Qinghua Lu , Liming Zhu , Hye-Young Paik , Mark Staples

Function-as-a-Service (FaaS) offers a streamlined cloud computing paradigm, but existing centralized systems suffer from vendor lock-in and single points of failure. We propose DeFaaS, a decentralized FaaS system leveraging blockchain…

Software Engineering · Computer Science 2024-04-15 Rabimba Karanjai , Lei Xu , Lin Chen , Nour Diallo , Weidong Shi

Smart contract access control mechanisms can introduce centralization into supposedly decentralized ecosystems. In our view, such centralization is an overlooked risk of smart contracts that underlies well-known smart contract security…

Cryptography and Security · Computer Science 2023-12-12 Metin Lamby , Valentin Zieglmeier , Christian Ziegler

The development of underlying technologies in blockchain mostly revolves around a difficult problem: how to enhance the performance of the system and reduce various costs of nodes (such as communication, storage and verification) without…

Cryptography and Security · Computer Science 2023-12-04 Lide Xue , Wei Yang , Wei Li

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

Since its advent in 2009, Bitcoin, a cryptography-enabled peer-to-peer digital payment system, has been gaining increasing attention from both academia and industry. An effort designed to overcome a cluster of bottlenecks inherent in…

Cryptography and Security · Computer Science 2021-05-18 Ling Cheng , Feida Zhu , Huiwen Liu , Chunyan Miao

Blockchain technology has gained tremendous popularity both in practice and academia. The goal of this article is to develop a coherent overview of the state of the art in blockchain technology, using a systematic(i.e.,protocol-based,…

Cryptography and Security · Computer Science 2019-11-28 Bert-Jan Butijn , Damian A. Tamburri , Willem-Jan Van Den Heuvel