Related papers: Mitigating Collusion in Proofs of Liabilities
We study decentralized cryptocurrency protocols in which the participants do not deplete physical scarce resources. Such protocols commonly rely on Proof of Stake, i.e., on mechanisms that extend voting power to the stakeholders of the…
Trust is of paramount concern for tenants to deploy their security-sensitive services in the cloud. The integrity of VMs in which these services are deployed needs to be ensured even in the presence of powerful adversaries with…
Proof-of-Work (PoW) is a popular blockchain consensus algorithm that is used in cryptocurrencies like Bitcoin in which hashing operations are repeated until the resulting hash has certain properties. This approach uses lots of computational…
In Internet of Vehicles (IoV), data sharing among vehicles is essential to improve driving safety and enhance vehicular services. To ensure data sharing security and traceability, highefficiency Delegated Proof-of-Stake consensus scheme as…
This paper presents the first generic compiler that transforms any permissioned consensus protocol into a proof-of-stake permissionless consensus protocol. For each of the following properties, if the initial permissioned protocol satisfies…
Permissionless Proof-of-Stake (PoS) economic security is predicated on the high cost of violating consensus safety or liveness. We show that liquid staking introduces additional risks that are not captured by standard PoS economic security…
Traditional financial institutions face inefficiencies that can be addressed by distributed ledger technology. However, a primary barrier to adoption is the privacy concerns surrounding publicly available transaction data. Existing private…
Modern large language model (LLM) services increasingly rely on complex, often abstract operations, such as multi-step reasoning and multi-agent collaboration, to generate high-quality outputs. While users are billed based on token…
Proof-of-stake (PoS) is a promising approach for designing efficient blockchains, where block proposers are randomly chosen with probability proportional to their stake. A primary concern with PoS systems is the "rich getting richer"…
Fault-tolerant distributed systems move the trust in a single party to a majority of parties participating in the protocol. This makes blockchain based crypto-currencies possible: they allow parties to agree on a total order of transactions…
Cloud service providers offer various facilities to their clients. The clients with limited resources opt for some of these facilities. They can outsource their bulk data to the cloud server. The cloud server maintains these data in lieu of…
Lending Protocols (LPs), as blockchain-based lending systems, allow any agents to borrow and lend cryptocurrencies. However, liquidity risks could occur, especially when salient loans are initiated by a particular group of borrowers. This…
A principal vulnerability of a proof-of-work ("PoW") blockchain is that an attacker can re-write the history of transactions by forking a previously published block and build a new chain segment containing a different sequence of…
An enormous amount of energy is wasted in Proofof-Work (PoW) mechanisms adopted by popular blockchain applications (e.g., PoW-based cryptocurrencies), because miners must conduct a large amount of computation. Owing to this, one serious…
A blockchain is a decentralized ledger where all transactions are recorded. For having a reliable blockchain and double-spending prevention, we need a decentralized consensus and agreement on a blockchain. Bitcoin uses proof-of-work (PoW).…
In this study, we overview the problems associated with the usability of cryptocurrency wallets, such as those used by ZCash, for end-users. The concept of "holistic privacy," where information leaks in one part of a system can violate the…
Proof-of-Work (PoW) systems face critical challenges, including excessive energy consumption and the centralization of mining power among entities with expensive hardware. Static mining pools exacerbate these issues by reducing competition…
Non-interactive zero-knowledge (NIZK) proofs of knowledge have proven to be highly relevant for securely realizing a wide array of applications that rely on both privacy and correctness. They enable a prover to convince any party of the…
Layer 1 (L1) blockchains such as Ethereum are secured under an "honest supermajority of stake" assumption for a large pool of validators who verify each and every transaction on it. This high security comes at a scalability cost which not…
Blockchain is a novel technology that is rising a lot of interest in the industrial and re- search sectors because its properties of decentralisation, immutability and data integrity. Initially, the underlying consensus mechanism has been…