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We propose LazyLedger, a design for distributed ledgers where the blockchain is optimised for solely ordering and guaranteeing the availability of transaction data. Responsibility for executing and validating transactions is shifted to only…

Cryptography and Security · Computer Science 2019-06-11 Mustafa Al-Bassam

Distributed Ledger Technology (DLT) is a shared, synchronized and replicated data spread spatially and temporally with no centralized administration and/or storage. Each node has a complete and identical set of records. All participants…

Quantum Physics · Physics 2019-09-26 Nils Paz , Steven Silverman , John Harmon

The increased use of Internet of Things (IoT) devices -- from basic sensors to robust embedded computers -- has boosted the demand for information processing and storing solutions closer to these devices. Edge computing has been established…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-11-15 Daniel Montero Hernández , Jorge Peña Queralta , Tomi Westerlund

In the Internet of Things (IoT) domain, devices need a platform to transact seamlessly without a trusted intermediary. Although Distributed Ledger Technologies (DLTs) could provide such a platform, blockchains, such as Bitcoin, were not…

Networking and Internet Architecture · Computer Science 2021-07-15 Andrew Cullen , Pietro Ferraro , William Sanders , Luigi Vigneri , Robert Shorten

Since the inception of blockchain and Bitcoin (Nakamoto (2008)), a decentralized-distributed ledger system and its associated cryptocurrency, respectively, the world has witnessed a slew of newer adaptations and applications. Although the…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-01-15 Jinwook Lee , Paul Moon Sub Choi

The most essential component of every Distributed Ledger Technology (DLT) is the Consensus Algorithm (CA), which enables users to reach a consensus in a decentralized and distributed manner. Numerous CA exist, but their viability for…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-09-26 Ahmad J. Alkhodair , Saraju P. Mohanty , Elias Kougianos

Blockchain is a form of distributed ledger technology (DLT) where data is shared among users connected over the internet. Transactions are data state changes on the blockchain that are permanently recorded in a secure and transparent way…

Cryptography and Security · Computer Science 2021-06-18 Amirmohammad Pasdar , Zhongli Dong , Young Choon Lee

Credit Guarantee Schemes (CGSs) are crucial in mitigating SMEs' financial constraints. However, they are renownedly affected by critical shortcomings, such as a lack of financial sustainability and operational efficiency. Distributed Ledger…

Computational Engineering, Finance, and Science · Computer Science 2026-02-19 Sabrina Leo , Andrea Delle Foglie , Luca Barbaro , Edoardo Marangone , Ida Claudia Panetta , Claudio Di Ciccio

With the increase of web users and applications with real time requests, the ability to identify, track and trace elements of a product as it moves in the supply chain is deemed necessary, and for many industries is even mandated by…

Cryptography and Security · Computer Science 2018-10-23 Thomas Sermpinis , Christos Sermpinis

The success of blockchains has sparked interest in large-scale deployments of Byzantine fault tolerant (BFT) consensus protocols over wide area networks. A central feature of such networks is variable communication bandwidth across nodes…

Networking and Internet Architecture · Computer Science 2024-06-21 Lei Yang , Seo Jin Park , Mohammad Alizadeh , Sreeram Kannan , David Tse

In public distributed ledger technologies (DLTs), such as Blockchains, nodes can join and leave the network at any time. A major challenge occurs when a new node joining the network wants to retrieve the current state of the ledger. Indeed,…

Cryptography and Security · Computer Science 2020-06-22 François Bonnet , Quentin Bramas , Xavier Défago

Recent developments in Distributed Ledger Technology (DLT), including Blockchain offer new opportunities in the manufacturing domain, by providing mechanisms to automate trust services (digital identity, trusted interactions, and auditable…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-02-29 Alan McGibney , Tharindu Ranathunga , Roman Pospisil

Distributed Ledger Technology (DLT) is promising to become the foundation of many decentralised systems. However, the unbalanced and unregulated network layout contributes to the inefficiency of DLT especially in the Internet of Things…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-01-22 Yibin Xu , Yangyu Huang

Recently, the blockchain technique was put in the spotlight as it introduced a systematic approach for multiple parties to reach consensus without needing trust. However, the application of this technique in practice is severely restricted…

Distributed, Parallel, and Cluster Computing · Computer Science 2017-07-17 Zhijie Ren , Kelong Cong , Johan Pouwelse , Zekeriya Erkin

In order to fully unlock the transformative power of distributed ledgers and blockchains, it is crucial to develop innovative consensus algorithms that can overcome the obstacles of security, scalability, and interoperability, which…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-10-16 Amirhossein Taherpour , Xiaodong Wang

Distributed Ledger Technologies (DLTs), when managed by a few trusted validators, require most but not all of the machinery available in public DLTs. In this work, we explore one possible way to profit from this state of affairs. We devise…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-05-10 Marco Benedetti , Francesco De Sclavis , Marco Favorito , Giuseppe Galano , Sara Giammusso , Antonio Muci , Matteo Nardelli

With the advancement of blockchain systems, many recent research works have proposed distributed ledger technology~(DLT) that employs Byzantine fault-tolerant~(BFT) consensus protocols to decide which block to append next to the ledger.…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-03-21 Christian Berger , Signe Schwarz-Rüsch , Arne Vogel , Kai Bleeke , Leander Jehl , Hans P. Reiser , Rüdiger Kapitza

This thesis proposes techniques aiming to make blockchain technologies and smart contract platforms practical by improving their scalability, latency, and privacy. This thesis starts by presenting the design and implementation of…

Cryptography and Security · Computer Science 2021-02-25 Alberto Sonnino

Distributed ledger technology has gained wide popularity and adoption since the emergence of bitcoin in 2008 which is based on proof of work (PoW). It is a distributed, transparent and immutable database of records of all the transactions…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-10-10 Abdul Wahab , Waqas Mehmood

Blockchain or Distributed Ledger Technology is a disruptive technology that provides the infrastructure for developing decentralized applications enabling the implementation of novel business models even in traditionally centralized…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-03-22 Claudia Pop , Tudor Cioara , Ionut Anghel , Marcel Antal , Ioan Salomie
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