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The spectacular success of Bitcoin and Blockchain Technology in recent years has provided enough evidence that a widespread adoption of a common cryptocurrency system is not merely a distant vision, but a scenario that might come true in…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-08-30 Adam Gągol , Damian Leśniak , Damian Straszak , Michał Świętek

Consensus algorithms provide strategies to solve problems in a distributed system with the added constraint that data can only be shared between adjacent computing nodes. We find these algorithms in applications for wireless and sensor…

Cryptography and Security · Computer Science 2016-11-15 Michel Toulouse , Hai Le , Cao Vien Phung , Denis Hock

Machine learning models are vulnerable to adversarial examples: minor perturbations to input samples intended to deliberately cause misclassification. While an obvious security threat, adversarial examples yield as well insights about the…

Cryptography and Security · Computer Science 2019-11-19 Kathrin Grosse , David Pfaff , Michael Thomas Smith , Michael Backes

Blockchain systems run consensus rules as code to agree on the state of the distributed ledger and secure the network. Changing these rules can be risky and challenging. In addition, it can often be controversial and take much effort to…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-02-15 Jakob Svennevik Notland , Mariusz Nowostawski , Jingyue Li

Many protocols in distributed computing rely on a source of randomness, usually called a random beacon, both for their applicability and security. This is especially true for proof-of-stake blockchain protocols in which the next miner or…

Cryptography and Security · Computer Science 2023-09-21 Zhuo Cai

The problem of anomaly detection has been studied for a long time, and many Network Analysis techniques have been proposed as solutions. Although some results appear to be quite promising, no method is clearly to be superior to the rest. In…

Social and Information Networks · Computer Science 2017-02-28 Thai Pham , Steven Lee

We propose a new Proof-of-Stake consensus protocol constructed with a verifiable random function (VRF) and a verifiable delay function (VDF) that has the following properties: a) all addresses with positive stake can participate; b) is fair…

Cryptography and Security · Computer Science 2020-10-13 José I. Orlicki

Bitcoin is the most secure blockchain in the world, supported by the immense hash power of its Proof-of-Work miners. Proof-of-Stake chains are energy-efficient, have fast finality but face several security issues: susceptibility to…

Cryptography and Security · Computer Science 2025-02-04 Ertem Nusret Tas , David Tse , Fangyu Gai , Sreeram Kannan , Mohammad Ali Maddah-Ali , Fisher Yu

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

We study efficiency in a proof-of-work blockchain with non-zero latencies, focusing in particular on the (inequality in) individual miners' efficiencies. Prior work attributed differences in miners' efficiencies mostly to attacks, but we…

Cryptography and Security · Computer Science 2021-06-08 Mohamed Alzayat , Johnnatan Messias , Balakrishnan Chandrasekaran , Krishna P. Gummadi , Patrick Loiseau

Existing research on federated learning has been focused on the setting where learning is coordinated by a centralized entity. Yet the greatest potential of future collaborative intelligence would be unleashed in a more open and…

Cryptography and Security · Computer Science 2025-10-07 Huiwen Liu , Feida Zhu , Ling Cheng

The paper examines decentralized cryptocurrency protocols that are based on the use of internal tokens as identity tools. An analysis of security problems with popular Proof-of-stake consensus protocols is provided. A new protocol,…

Cryptography and Security · Computer Science 2016-01-12 Alexander Chepurnoy

The noisy-storage model allows the implementation of secure two-party protocols under the sole assumption that no large-scale reliable quantum storage is available to the cheating party. No quantum storage is thereby required for the honest…

Quantum Physics · Physics 2011-05-02 Stephanie Wehner , Marcos Curty , Christian Schaffner , Hoi-Kwong Lo

With the increasing adoption of decentralized information systems based on a variety of permissionless blockchain networks, the choice of consensus mechanism is at the core of many controversial discussions. Ethereum's recent transition…

Cryptography and Security · Computer Science 2024-02-01 Iván Abellán Álvarez , Vincent Gramlich , Johannes Sedlmeir

During times of extreme market turmoil, it is acknowledged that there is a tendency towards "flight to safety". A strong (weak) safe haven is defined as an asset that has a significant positive (negative) return in periods where another…

General Finance · Quantitative Finance 2017-03-02 Jamal Bouoiyour , Refk Selmi

The Payment Protocol standard BIP70, specifying how payments in Bitcoin are performed by merchants and customers, is supported by the largest payment processors and most widely-used wallets. The protocol has been shown to be vulnerable to…

Cryptography and Security · Computer Science 2024-11-28 Paolo Modesti , Siamak F. Shahandashti , Patrick McCorry , Feng Hao

We analyze bribing attacks in Proof-of-Stake distributed ledgers from a game theoretic perspective. In bribing attacks, an adversary offers participants a reward in exchange for instructing them how to behave, with the goal of attacking the…

Computer Science and Game Theory · Computer Science 2024-06-21 Dimitris Karakostas , Aggelos Kiayias , Thomas Zacharias

Bitcoin's design promises resilience through decentralization, yet the physical infrastructure supporting the network creates hidden dependencies. We present the first longitudinal study of Bitcoin's resilience to submarine cable failures,…

Networking and Internet Architecture · Computer Science 2026-03-13 Wenbin Wu , Alexander Neumueller

Proof-of-work computation used in cryptocurrencies has witnessed significant growth in the U.S. and many other regions around the world. One of the most significant bottlenecks for the scalable deployment of such computation is its energy…

Systems and Control · Electrical Eng. & Systems 2023-03-14 Ali Menati , Yuting Cai , Rayan El Helou , Chao Tian , Le Xie

Collusion occurs when multiple malicious participants of a distributed protocol work together to sabotage or spy on honest participants. Decentralized protocols often rely on a subset of participants called workers for critical operations.…

Cryptography and Security · Computer Science 2022-06-16 Matthieu Bettinger , Lucas Barbero , Omar Hasan