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Policy optimization for large language models often suffers from sparse reward signals in multi-step reasoning tasks. Critic-free methods like GRPO assign a single normalized outcome reward to all tokens, providing limited guidance for…

Machine Learning · Computer Science 2026-02-04 Ruiyi Ding , Yongxuan Lv , Xianhui Meng , Jiahe Song , Chao Wang , Chen Jiang , Yuan Cheng

Over the past five years, the rewards associated with mining Proof-of-Work blockchains have increased substantially. As a result, miners are heavily incentivized to design and utilize Application Specific Integrated Circuits (ASICs) that…

Cryptography and Security · Computer Science 2019-04-17 Yanni Georghiades , Steven Flolid , Sriram Vishwanath

Task parallelism is designed to simplify the task of parallel programming. When executing a task parallel program on modern NUMA architectures, it can fail to scale due to the phenomenon called work inflation, where the overall processing…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-01-08 Justin Deters , Jiaye Wu , Yifan Xu , I-Ting Angelina Lee

Following the publication of Bitcoin's arguably most famous attack, selfish mining, various works have introduced mechanisms to enhance blockchain systems' game theoretic resilience. Some reward mechanisms, like FruitChains, have been shown…

Computer Science and Game Theory · Computer Science 2025-03-14 Lukas Aumayr , Zeta Avarikioti , Dimitris Karakostas , Karl Kreder , Shreekara Shastry

Blockchains combine other technologies, such as cryptography, networking, and incentive mechanisms, to enable the creation, validation, and recording of transactions between participating nodes. A consensus algorithm is used in a blockchain…

Social and Information Networks · Computer Science 2021-09-01 Oladotun Aluko , Anton Kolonin

A proof-of-randomness (PoR) protocol is presented as a fair and low energy-cost consensus mechanism for blockchains. Each network node of a blockchain may use a true random number generator (TRNG) and hash algorism to fulfil the PoR…

Cryptography and Security · Computer Science 2025-02-18 Wen-Zhuo Zhang , Victor Kai

Proximal Policy Optimization (PPO) is a popular deep policy gradient algorithm. In standard implementations, PPO regularizes policy updates with clipped probability ratios, and parameterizes policies with either continuous Gaussian…

Machine Learning · Computer Science 2020-09-24 Chloe Ching-Yun Hsu , Celestine Mendler-Dünner , Moritz Hardt

We propose Process-Aware Policy Optimization (PAPO), a method that integrates process-level evaluation into Group Relative Policy Optimization (GRPO) through decoupled advantage normalization, to address two limitations of existing reward…

Artificial Intelligence · Computer Science 2026-04-06 Zelin Tan , Zhouliang Yu , Bohan Lin , Zijie Geng , Hejia Geng , Yudong Zhang , Mulei Zhang , Yang Chen , Shuyue Hu , Zhenfei Yin , Chen Zhang , Lei Bai

Does the proof-of-work protocol serve its intended purpose of supporting decentralized cryptocurrency mining? To address this question, we develop a game-theoretical model where miners first invest in hardware to improve the efficiency of…

Trading and Market Microstructure · Quantitative Finance 2021-06-21 Agostino Capponi , Sveinn Olafsson , Humoud Alsabah

In this paper, we will present a new PoW consensus algorithm used in Seele's main-net, MPoW (Matrix-Proof-of-Work). Compared to Bitcoin's PoW consensus algorithm, MPoW requires miners to compute the determinants of submatrices from a matrix…

Cryptography and Security · Computer Science 2019-05-14 Luke Zeng , Shawn Xin , Avadesian Xu , Thomas Pang , Tim Yang , Maolin Zheng

We introduce Unity, a new consensus algorithm for public blockchain settings. Unity is an eventual consistency protocol merging the Proof-of-Work (PoW) and Proof-of-Stake (PoS) into a coherent stochastic process. It encompasses hardware and…

Cryptography and Security · Computer Science 2019-06-10 Yulong Wu , Yunfei Zha , Yao Sun

As smart contract platforms autonomously manage billions of dollars of capital, quantifying the portfolio risk that investors engender in these systems is increasingly important. Recent work illustrates that Proof of Stake (PoS) is…

General Finance · Quantitative Finance 2020-06-22 Tarun Chitra , Alex Evans

TrueBit is a protocol that uses interactive verification to allow a resource-constrained computation environment like a blockchain to perform much larger computations than usual in a trusted way. As long as a single honest participant is…

Cryptography and Security · Computer Science 2018-07-02 Julia Koch , Christian Reitwiessner

Proof-of-work allows Bitcoin to boast security amidst arbitrary fluctuations in participation of miners throughout time, so long as, at any point in time, a majority of hash power is honest. In recent years, however, the pendulum has…

Cryptography and Security · Computer Science 2025-08-12 Yuval Efron , Joachim Neu , Toniann Pitassi

Automatic prompt optimization (APO) hinges on the quality of its evaluation signal, yet scoring every prompt candidate on the full training set is prohibitively expensive. Existing methods either fix a single evaluation subset before…

Artificial Intelligence · Computer Science 2026-04-14 Xiaoyu Ma , Yiwen Li , Haoyue Liu , Zhichao Wang , Ye Chen , Yongxin Guo , Xiaoying Tang

We propose a proof-of-sequential-work (PoSW) that can be verified with only a single query to the random oracle for each random challenge. Proofs-of-sequential-work are protocols that facilitate a verifier to efficiently verify if a prover…

Cryptography and Security · Computer Science 2022-05-27 Souvik Sur

Proof-of-Work (PoW) consensus mechanism is popular among current blockchain systems, which leads to an increasing concern about the tremendous waste of energy due to massive meaningless computation. To address this issue, we propose a novel…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-11-15 Canhui Chen , Zerui Cheng , Shutong Qu , Zhixuan Fang

All public blockchains are secured by a proof of opportunity cost among block producers. For example, the security offered by proof-of-work (PoW) systems, like Bitcoin, is due to spent computation; it is work precisely because it cannot be…

Computer Science and Game Theory · Computer Science 2019-08-27 George Bissias , Brian N. Levine , David Thibodeau

Popular distributed ledger technology (DLT) systems using proof-of-work (PoW) for Sybil attack resistance have extreme energy requirements, drawing stern criticism from academia, businesses, and the media. DLT systems building on…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-04-05 Moritz Platt , Johannes Sedlmeir , Daniel Platt , Paolo Tasca , Jiahua Xu , Nikhil Vadgama , Juan Ignacio Ibañez

A Proof of Sequential Work (PoSW) allows a prover to convince a resource-bounded verifier that the prover invested a substantial amount of sequential time to perform some underlying computation. PoSWs have many applications including…

Cryptography and Security · Computer Science 2021-05-19 Jeremiah Blocki , Seunghoon Lee , Samson Zhou