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Recently emerging Decentralized Finance (DeFi) takes the promise of cryptocurrencies a step further, leveraging their decentralized networks to transform traditional financial products into trustless and transparent protocols that run…

Cryptography and Security · Computer Science 2021-06-28 Bowen Liu , Pawel Szalachowski , Jianying Zhou

Bitcoin is a peer-to-peer payment system proposed by Nakamoto in 2008. Based on the Nakamoto consensus, Bagaria, Kannan, Tse, Fanti, and Viswanath proposed the Prism protocol in 2018 and showed that it achieves near-optimal blockchain…

Cryptography and Security · Computer Science 2020-04-27 Jing Li , Dongning Guo

Blockchain protocols are inherently limited in transaction throughput and latency. Recent efforts to address performance and scale blockchains have focused on off-chain payment channels. While such channels can achieve low latency and high…

Cryptography and Security · Computer Science 2017-03-09 Joshua Lind , Ittay Eyal , Peter Pietzuch , Emin Gün Sirer

The sharing economy is centralizing services, leading to misuses of the Internet. We can list growing damages of data hacks, global outages and even the use of data to manipulate their owners. Unfortunately, there is no decentralized web…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-03-24 Deepal Tennakoon , Yiding Hua , Vincent Gramoli

In this work, we present IBFT 2.0 (Istanbul BFT 2.0), which is a Proof-of-Authority (PoA) Byzantine-fault-tolerant (BFT) blockchain consensus protocols that (i) ensures immediate finality, (ii) is robust in an eventually synchronous network…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-09-24 Roberto Saltini , David Hyland-Wood

Current blockchain protocols (e.g., Proof-of-Work and Proof-of-Stake) secure the ledger yet cannot measure validator trustworthiness, allowing subtle misconduct that is especially damaging in decentralized-finance (DeFi) settings. We…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-06-30 Ailiya Borjigin , Wei Zhou , Cong He

Decentralized Autonomous Organizations (DAOs) are blockchain-based organizations that facilitate decentralized governance. Today, DAOs not only hold billions of dollars in their treasury but also govern many of the most popular…

Cryptography and Security · Computer Science 2024-08-08 Rainer Feichtinger , Robin Fritsch , Lioba Heimbach , Yann Vonlanthen , Roger Wattenhofer

An authorisation has been recognised as an important security measure for preventing unauthorised access to critical resources, such as devices and data, within the Internet of Things (IoT) networks. Existing authorisation methods for the…

Cryptography and Security · Computer Science 2022-08-16 Khizar Hameed , Ali Raza , Saurabh Garg , Muhammad Bilal Amin

Most public blockchain protocols, including the popular Bitcoin and Ethereum blockchains, do not formally specify the order in which miners should select transactions from the pool of pending (or uncommitted) transactions for inclusion in…

Cryptography and Security · Computer Science 2021-10-25 Johnnatan Messias , Mohamed Alzayat , Balakrishnan Chandrasekaran , Krishna P. Gummadi , Patrick Loiseau , Alan Mislove

The growing pervasiveness of Internet of Things (IoT) expands the attack surface by connecting more and more attractive attack targets, i.e. embedded devices, to the Internet. One key component in securing these devices is software…

Cryptography and Security · Computer Science 2018-11-20 Mahmoud Ammar , Mahdi Washha , Bruno Crispo

Prediction markets have gained adoption as on-chain mechanisms for aggregating information, with platforms such as Polymarket demonstrating demand for stablecoin-denominated markets. However, denominating in non-interest-bearing stablecoins…

Trading and Market Microstructure · Quantitative Finance 2025-09-16 Fedor Shabashev

Today's internet concentrates identity, payments, communication, and content hosting under a small number of corporate intermediaries, creating single points of failure, enabling censorship, and extracting economic rent from participants.…

Cryptography and Security · Computer Science 2026-03-31 Oliver Aleksander Larsen , Rasmus Thorsen Larsen , Mahyar T. Moghaddam

Intrusion Detection Systems (IDS) have been the industry standard for securing IoT networks against known attacks. To increase the capability of an IDS, researchers proposed the concept of blockchain-based Collaborative-IDS (CIDS), wherein…

Cryptography and Security · Computer Science 2022-02-09 Guntur Dharma Putra , Volkan Dedeoglu , Abhinav Pathak , Salil S. Kanhere , Raja Jurdak

In recent years, many Blockchain based frameworks for transacting commodities on a congestible network have been proposed. In particular, as the number of controllable grid connected assets increases, there is a need for a decentralized,…

Signal Processing · Electrical Eng. & Systems 2019-10-25 Nikhil Ravi , Shammya Saha , Anna Scaglione , Nathan G. Johnson

The year 2024 witnessed a major development in the cryptocurrency industry with the long-awaited approval of spot Bitcoin exchange-traded funds (ETFs). This innovation provides investors with a new, regulated path to gain exposure to…

Trading and Market Microstructure · Quantitative Finance 2024-09-04 Di Wu

Decentralized AI systems, such as federated learning, can play a critical role in further unlocking AI asset marketplaces (e.g., healthcare data marketplaces) thanks to increased asset privacy protection. Unlocking this big potential…

Blockchain has emerged as a trusted and secure distributed ledger for transactions while also being decentralised, distributed and its legitimacy not guaranteed by a trusted authority. Since the appearance of Bitcoin, Blockchain has known…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-10-01 Ioana Stanescu , Lenuta Alboaie , Andrei Panu

The meteoric rise of Decentralized Finance (DeFi) has been accompanied by a plethora of frequent and often financially devastating attacks on its protocols There have been over 70 exploits of DeFi protocols, with the total of lost funds…

Cryptography and Security · Computer Science 2022-02-01 Daniel Perez , Lewis Gudgeon

Decentralized finance (DeFi) is experiencing rapid expansion. However, prevalent code reuse and limited open-source contributions have introduced significant challenges to the blockchain ecosystem, including plagiarism and the propagation…

Cryptography and Security · Computer Science 2025-11-18 Zhuo Chen , Gaoqiang Ji , Yiling He , Lei Wu , Yajin Zhou

Public key infrastructures (PKIs) are one of the main building blocks for securing communications over the Internet. Currently, PKIs are under the control of centralized authorities, which is problematic as evidenced by numerous incidents…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-08-05 Christos Patsonakis , Katerina Samari , Aggelos Kiayias , Mema Roussopoulos