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Blockchain-based consensus protocols present the opportunity to develop new protocols, due to their novel requirements of open participation and explicit incentivization of participants. To address the first requirement, it is necessary to…

Cryptography and Security · Computer Science 2018-08-09 Sarah Azouvi , Patrick McCorry , Sarah Meiklejohn

Reconfiguration of long-lived blockchain and Byzantine fault-tolerant (BFT) systems poses fundamental security challenges. In case of state-of-the-art Proof-of-Stake (PoS) blockchains, stake reconfiguration enables so-called long-range…

Cryptography and Security · Computer Science 2021-09-10 Selma Steinhoff , Chrysoula Stathakopoulou , Matej Pavlovic , Marko Vukolić

Order fairness in distributed ledgers refers to properties that relate the order in which transactions are sent or received to the order in which they are eventually finalized, i.e., totally ordered. The study of such properties is…

Cryptography and Security · Computer Science 2025-03-18 Erwan Mahe , Sara Tucci-Piergiovanni

Blockchain has been regarded as a promising technology for Internet of Things (IoT), since it provides significant solutions for decentralized network which can address trust and security concerns, high maintenance cost problem, etc. The…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-07-24 Bin Cao , Yixin Li , Lei Zhang , Long Zhang , Shahid Mumtaz , Zhenyu Zhou , Mugen Peng

A blockchain replaces central counterparties with time-consuming consensus protocols to record the transfer of ownership. This settlement latency slows cross-exchange trading, exposing arbitrageurs to price risk. Off-chain settlement,…

Trading and Market Microstructure · Quantitative Finance 2023-10-20 Nikolaus Hautsch , Christoph Scheuch , Stefan Voigt

The development of blockchain technologies has enabled the trustless execution of so-called smart contracts, i.e. programs that regulate the exchange of assets (e.g., cryptocurrency) between users. In a decentralized blockchain, the state…

Programming Languages · Computer Science 2020-04-28 Massimo Bartoletti , Letterio Galletta , Maurizio Murgia

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

Federated learning (FL) is a promising distributed learning solution that only exchanges model parameters without revealing raw data. However, the centralized architecture of FL is vulnerable to the single point of failure. In addition, FL…

Machine Learning · Computer Science 2021-01-12 Hang Chen , Syed Ali Asif , Jihong Park , Chien-Chung Shen , Mehdi Bennis

Smart contracting protocols promise to regulate the transfer of cryptocurrency amongst participants in a trustless manner. A safe smart contract implementation should ensure that each participant can always append a contract transaction to…

Cryptography and Security · Computer Science 2020-07-16 James Chiang

Blockchains are modern distributed systems that provide decentralized financial capabilities with trustable guarantees. Smart contracts are programs written in specialized programming languages running on a blockchain and govern how tokens…

Cryptography and Security · Computer Science 2022-07-11 Margarita Capretto , Martin Ceresa , Cesar Sanchez

Byzantine consensus is a critical component in many permissioned Blockchains and distributed ledgers. We propose a new paradigm for designing BFT protocols called DQBFT that addresses three major performance and scalability challenges that…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-03-01 Balaji Arun , Binoy Ravindran

Blockchain is a type of decentralized distributed network which acts as an immutable digital ledger. Despite the absence of any central governing authority to validate the blocks in the ledger, it is considered secure and immutable due to…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-09-07 Shashank Joshi

Blockchain technology enables the execution of collaborative business processes involving mutually untrusted parties. Existing platforms allow such processes to be modeled using high-level notations and compiled into smart contracts that…

Software Engineering · Computer Science 2019-06-05 Orlenys López-Pintado , Marlon Dumas , Luciano García-Bañuelos , Ingo Weber

In this paper we propose a double-linked blockchain data structure that greatly improves blockchain performance and guarantees single chain with no forks. Additionally, with the proposed proof-of-refundable-tax (PoRT) consensus algorithm,…

Cryptography and Security · Computer Science 2024-09-04 Zheng-Xun Jiang , Ren-Song Tsay

The performance of partially synchronous BFT-based consensus protocols is highly dependent on the primary node. All participant nodes in the network are blocked until they receive a proposal from the primary node to begin the consensus…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-07-02 Mohammad M. Jalalzai , Chen Feng , Costas Busch , Golden G. Richard , Jianyu Niu

Distributed ledgers, including blockchain and other decentralized databases, are designed to store information online where all trusted network members can update the data with transparency. The dynamics of ledger's development can be…

Probability · Mathematics 2026-03-10 Jiewei Feng , Christopher King

This paper presents TetraBFT, a novel unauthenticated Byzantine fault tolerant protocol for solving consensus in partial synchrony, eliminating the need for public key cryptography and ensuring resilience against computationally unbounded…

Cryptography and Security · Computer Science 2026-04-14 Qianyu Yu , Giuliano Losa , Xuechao Wang

Blockchains with smart contracts are distributed ledger systems that achieve block-state consistency among distributed nodes by only allowing deterministic operations of smart contracts. However, the power of smart contracts is enabled by…

Cryptography and Security · Computer Science 2023-03-08 Sangdon Park , Osbert Bastani , Taesoo Kim

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

Blockchain is a continuously developing technology that has made digital transactions and related computing operations more transparent and secure through globally distributed and decentralized management of states, as well as the strong…

Cryptography and Security · Computer Science 2021-03-29 Neo C. K. Yiu