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Bitcoin brings a new type of digital currency that does not rely on a central system to maintain transactions. By benefiting from the concept of decentralized ledger, users who do not know or trust each other can still conduct transactions…

Cryptography and Security · Computer Science 2019-09-17 Zhimin Gao , Lei Xu , Keshav Kasichainula , Lin Chen , Bogdan Carbunar , Weidong Shi

Permisionless decentralized ledgers ("blockchains") such as the one underlying the cryptocurrency Bitcoin allow anonymous participants to maintain the ledger, while avoiding control or "censorship" by any single entity. In contrast,…

Distributed, Parallel, and Cluster Computing · Computer Science 2016-06-27 Maurice Herlihy , Mark Moir

Privacy-focused cryptoassets like Monero are intentionally difficult to trace. Over the years, several traceability heuristics have been proposed, most of which have been rendered ineffective with subsequent protocol upgrades. Between 2019…

Cryptography and Security · Computer Science 2024-08-13 Nada Hammad , Friedhelm Victor

Decentralized Exchanges (DEXs) are pivotal applications in the Decentralized Finance (DeFi) landscape, aiming to facilitate trustless cryptocurrency trading by relying on smart contracts and blockchain networks. The developments in the DEXs…

Computational Engineering, Finance, and Science · Computer Science 2024-11-05 Mohammad Ali Asef , Seyed Mojtaba Hosseini Bamakan

In this paper, we analyze traders' behavior within both centralized exchanges (CEXs) and decentralized exchanges (DEXs), focusing on the volatility of Bitcoin prices and the trading activity of investors engaged in perpetual future…

Trading and Market Microstructure · Quantitative Finance 2024-04-26 Erdong Chen , Mengzhong Ma , Zixin Nie

Recently, Decentralized Finance (DeFi) platforms on Ethereum are booming, and numerous traders are trying to capitalize on the opportunity for maximizing their benefits by launching front-running attacks and extracting Miner Extractable…

Cryptography and Security · Computer Science 2022-08-08 Xingyu Lyu , Mengya Zhang , Xiaokuan Zhang , Jianyu Niu , Yinqian Zhang , Zhiqiang Lin

For decentralised P2P networks, it is very important to have a mechanism in place that allows the nodes to control resource usage and prevent flooding and denial-of-service attacks with spam. In this paper, we discuss and compare the…

Networking and Internet Architecture · Computer Science 2018-10-30 Daniel Kraft

The old mantra of decentralizing the Internet is coming again with fanfare, this time around the blockchain technology hype. We have already seen a technology supposed to change the nature of the Internet: peer-to-peer. The reality is that…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-05-01 Pedro Garcia Lopez , Alberto Montresor , Anwitaman Datta

Blockchain has received a widespread attention because of its decentralized, tamper-proof, and transparent nature. Blockchain works over the principle of distributed, secured, and shared ledger, which is used to record, and track data…

Cryptography and Security · Computer Science 2020-04-21 Muneeb Ul Hassan , Mubashir Husain Rehmani , Jinjun Chen

Cryptocurrency exchange platforms such as Coinbase, Binance, enable users to purchase and sell cryptocurrencies conveniently just like trading stocks/commodities. However, because of the nature of blockchain, when a user withdraws coins…

Cryptography and Security · Computer Science 2023-09-06 Ya-nan Li , Tian Qiu , Qiang Tang

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

Privacy of users in P2P networks goes far beyond their current usage and is a fundamental requirement to the adoption of P2P protocols for legal usage. In a climate of cold war between these users and anti-piracy groups, more and more users…

Networking and Internet Architecture · Computer Science 2010-04-12 Pere Manils , Chaabane Abdelberri , Stevens Le Blond , Mohamed Ali Kaafar , Claude Castelluccia , Arnaud Legout , Walid Dabbous

Federated learning has been rapidly evolving and gaining popularity in recent years due to its privacy-preserving features, among other advantages. Nevertheless, the exchange of model updates and gradients in this architecture provides new…

Cryptography and Security · Computer Science 2024-03-20 Ehsan Hallaji , Roozbeh Razavi-Far , Mehrdad Saif , Boyu Wang , Qiang Yang

The financial sector's adoption of technology-driven data analysis has enhanced operational efficiency and revenue generation by leveraging personal sensitive data. However, the inherent characteristics of blockchain hinder decentralized…

Cryptography and Security · Computer Science 2023-11-13 Zhuangtong Huang , Jiawei Zhu , Zhongyu Huang , Yixin Xu , Jerome Yen , Ye Wang

Bitcoin is a popular alternative to fiat money, widely used for its perceived anonymity properties. However, recent attacks on Bitcoin's peer-to-peer (P2P) network demonstrated that its gossip-based flooding protocols, which are used to…

Cryptography and Security · Computer Science 2017-03-28 Giulia Fanti , Pramod Viswanath

The blockchain technology empowers secure, trustless, and privacy-preserving trading with cryptocurrencies. However, existing blockchain-based trading platforms only support trading cryptocurrencies with digital assets (e.g., NFTs).…

Cryptography and Security · Computer Science 2022-06-16 Shuhao Zheng , Junliang Luo , Erqun Dong , Can Chen , Xue Liu

A multitude of privacy breaches, both accidental and malicious, have prompted users to distrust centralized providers of online social networks (OSNs) and investigate decentralized solutions. We examine the design of a fully decentralized…

Cryptography and Security · Computer Science 2011-12-19 Sonia Jahid , Shirin Nilizadeh , Prateek Mittal , Nikita Borisov , Apu Kapadia

In this paper, we examine the recent trend towards in-browser mining of cryptocurrencies; in particular, the mining of Monero through Coinhive and similar code- bases. In this model, a user visiting a website will download a JavaScript code…

Cryptography and Security · Computer Science 2018-03-09 Shayan Eskandari , Andreas Leoutsarakos , Troy Mursch , Jeremy Clark

Blockchain technologies have been boosting the development of data-driven decentralized services in a wide range of fields. However, with the spirit of full transparency, many public blockchains expose all types of data to the public such…

Cryptography and Security · Computer Science 2022-05-13 Yepeng Ding , Hiroyuki Sato

This paper presents an optimal peer-to-peer (P2P) energy transaction mechanism leveraging decentralized blockchain technology to enable a secure and scalable retail electricity market for the increasing penetration of distributed energy…

Systems and Control · Electrical Eng. & Systems 2026-01-01 Antar Kumar Biswas , Masoud H. Nazari