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P2P system rely on voluntary allocation of resources by its members due to absence of any central controlling authority. This resource allocation can be viewed as classical control problem where feedback is the amount of resource received,…

Networking and Internet Architecture · Computer Science 2015-12-25 Nitin Singha , Ruchir Gupta , Yatindra Nath Singh

The Bitcoin system only provides eventual consistency. For everyday life, the time to confirm a Bitcoin transaction is prohibitively slow. In this paper we propose a new system, built on the Bitcoin blockchain, which enables strong…

Distributed, Parallel, and Cluster Computing · Computer Science 2014-12-30 Christian Decker , Jochen Seidel , Roger Wattenhofer

As the first decentralized peer-to-peer (P2P) cryptocurrency system allowing people to trade with pseudonymous addresses, Bitcoin has become increasingly popular in recent years. However, the P2P and pseudonymous nature of Bitcoin make…

Social and Information Networks · Computer Science 2022-01-20 Jiajing Wu , Jieli Liu , Weili Chen , Huawei Huang , Zibin Zheng , Yan Zhang

In P2P systems, large volumes of data are declustered naturally across a large number of peers. But it is very difficult to control the initial data distribution because every user has the freedom to share any data with other users. The…

Networking and Internet Architecture · Computer Science 2010-09-24 S. Ayyasamy , S. N. Sivanandam

With the widespread adoption of Renewable Energy Sources (RESs) in low-voltage distribution systems, opportunities for energy trading among peers have emerged. In particular, the advent of distributed ledgers and blockchain technologies has…

Systems and Control · Electrical Eng. & Systems 2023-09-07 Saeed Nasiri

Prior research has proposed technical solutions to use peer-to-peer (P2P) content delivery to serve Internet video, showing that it can reduce costs to content providers. Yet, such methods have not become widespread except for a few niche…

Networking and Internet Architecture · Computer Science 2018-08-03 Prateesh Goyal , Ravi Netravali , Mohammad Alizadeh , Hari Balakrishnan

We propose DIPS Difficulty-based Incentives for Problem Solving), a simple modification of the Bitcoin proof-of-work algorithm that rewards blockchain miners for solving optimization problems of scientific interest. The result is a…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-06-03 Pericles Philippopoulos , Alessandro Ricottone , Carlos G. Oliver

Many large decentralized systems rely on information propagation to ensure their proper function. We examine a common scenario in which only participants that are aware of the information can compete for some reward, and thus informed…

Computer Science and Game Theory · Computer Science 2016-06-10 Moshe Babaioff , Shahar Dobzinski , Sigal Oren , Aviv Zohar

As the core technology behind Bitcoin, Blockchain's decentralized, tamper-proof, and traceable features make it the preferred platform for organizational innovation. In current Bitcoin, block reward is halved every four years, and…

Cryptography and Security · Computer Science 2022-02-22 Xiongfei Zhao , Yain-Whar Si

This paper presents a new blockchain network simulator that uses bitcoin's original reference implementation as its main application. The proposed simulator leverages the use of lightweight virtualization technology to build a fine tuned…

Cryptography and Security · Computer Science 2020-02-12 Lina Alsahan , Noureddine Lasla , Mohamed Abdallah

As more and more distributed renewable energy resources are integrated to the grid, the traditional consumers have become the prosumers who can sell back their surplus energy to the others who are in energy shortage. This peer-to-peer (P2P)…

Computers and Society · Computer Science 2018-10-15 Van Hoa Nguyen , Yvon Besanger , Quoc Tuan Tran , Minh Tri Le

This paper presents a statistical analysis of the structure of Peer-to-Peer (P2P) social networks that captures social associations of distributed peers in resource sharing. Peer social networks appear to be mainly composed of pure resource…

Physics and Society · Physics 2007-05-23 Fang Wang , Yamir Moreno , Yaoru Sun

Peer-to-Peer (P2P) networks provide a significant solution for file sharing among peers connected to Internet. It is fast and completely decentralised system with robustness. But due to absence of a server documents on a P2P network are not…

Networking and Internet Architecture · Computer Science 2010-07-15 Abhishek Sharma , Hao Shi

We review the so called selfish mining strategy in the Bitcoin network and compare its profitability to honest mining.We build a rigorous profitability model for repetition games. The time analysis of the attack has been ignored in the…

Computer Science and Game Theory · Computer Science 2019-01-23 Cyril Grunspan , Ricardo Pérez-Marco

Bitcoin draws the highest degree of attention among cryptocurrencies, while coin mining is one of the most important fashion of profiting in the Bitcoin ecosystem. This paper constructs fresh coin circulation networks by tracking the fresh…

General Finance · Quantitative Finance 2022-04-28 Zeng-Xian Lin , Xiao Fan Liu

Blockchain and blockchain-inspired decentralized applications are on the rise thanks to their unique characteristics such as their decentralized nature, anonymity, and tamper-proof nature; however, blockchain transactions tend to experience…

Cryptography and Security · Computer Science 2026-04-08 Yi Lyu

A major limitation of open P2P networks is the lack of strong identities. This allows any agent to attack the system by creating multiple false personas, thereby disrupting the overlay network's connectivity and sabotaging its operation. In…

Cryptography and Security · Computer Science 2018-10-15 Saar Tochner , Aviv Zohar

Improving transaction throughput is an important challenge for Bitcoin. However, shortening the block generation interval or increasing the block size to improve throughput makes it sharing blocks within the network slower and increases the…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-06-05 Ryunosuke Nagayama , Kazuyuki Shudo , Ryohei Banno

Bitcoin is the first successful decentralized global digital cash system. Its mining process requires intense computational resources, therefore its usefulness remains a disputable topic. We aim to solve three problems with Bitcoin and…

Cryptography and Security · Computer Science 2016-08-25 Alexander Chepurnoy , Mario Larangeira , Alexander Ojiganov

Blockchain is a technology that provides a distributed ledger that stores previous records while maintaining consistency and security. Bitcoin is the first and largest decentralized electronic cryptographic system that uses blockchain…

Cryptography and Security · Computer Science 2021-11-05 Befekadu G. Gebraselase , Bjarne E. Helvik , Yuming Jiang
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