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Payment channels allow transactions between participants of the blockchain to be executed securely off-chain, and thus provide a promising solution for the scalability problem of popular blockchains. We study the online network design…

Data Structures and Algorithms · Computer Science 2019-08-02 Georgia Avarikioti , Kenan Besic , Yuyi Wang , Roger Wattenhofer

Security and privacy in Direct Load Control (DLC) is a fundamental challenge in smart grids. In this paper, we propose a blockchain-based framework to increase security and privacy of DLC. We propose a method whereby participating nodes…

Cryptography and Security · Computer Science 2018-12-21 Ali Dorri , Fengji Luo , Salil S Kanhere , Raja Jurdak , Zhao Yang Dong

Blockchain has received expanding interest from various domains. Institutions, enterprises, governments, and agencies are interested in Blockchain potential to augment their software systems. The unique requirements and characteristics of…

Software Engineering · Computer Science 2021-12-15 Mahdi Fahmideh , Anuradha Gunawardana , Shiping Chen , Jun Shen , Brian Yecies

The traceable execution of business processes and choreographies using smart contracts is one prominent application of blockchain technology in Business Process Management (BPM). Existing approaches support a large set of patterns, modeling…

Software Engineering · Computer Science 2021-04-19 Jan Ladleif , Mathias Weske

Blockchain, like any other complex technology, needs a strong testing methodology to support its evolution in both research and development contexts. Setting up meaningful tests for permissionless blockchain technology is a notoriously…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-10-07 Diego Pennino , Maurizio Pizzonia

Decentralization is widely recognized as a crucial characteristic of blockchains that enables them to resist malicious attacks such as the 51% attack and the takeover attack. Prior research has primarily examined decentralization in…

Cryptography and Security · Computer Science 2023-06-12 Chao Li , Balaji Palanisamy , Runhua Xu , Li Duan

Blockchains are modern distributed systems that provide decentralized financial capabilities with trustable guarantees. Smart contracts are programs written in specialized programming languages running on a blockchain and govern how tokens…

Cryptography and Security · Computer Science 2022-07-11 Margarita Capretto , Martin Ceresa , Cesar Sanchez

Computational task offloading based on edge computing can deal with the performance bottleneck of traditional cloud-based systems for Internet of things (IoT). To further optimize computing efficiency and resource allocation, collaborative…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-01-05 Tonghe Wang , Songpu Ai , Junwei Cao

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

A blockchain replaces central counterparties with time-consuming consensus protocols to record the transfer of ownership. This settlement latency slows cross-exchange trading, exposing arbitrageurs to price risk. Off-chain settlement,…

Trading and Market Microstructure · Quantitative Finance 2023-10-20 Nikolaus Hautsch , Christoph Scheuch , Stefan Voigt

Blockchain represents a technology for establishing a shared, immutable version of the truth between a network of participants that do not trust one another, and therefore has the potential to disrupt any financial or other industries that…

Computers and Society · Computer Science 2016-11-02 Marek Laskowski , Henry M. Kim

This paper investigates how pricing schemes can achieve efficient allocations in blockchain systems featuring multiple transaction queues under a global capacity constraint. I model a capacity-constrained blockchain where users submit…

General Economics · Economics 2025-02-26 Abdoulaye Ndiaye

Blockchain technology shows significant results and huge potential for serving as an interweaving fabric that goes through every industry and market, allowing decentralized and secure value exchange, thus connecting our civilization like…

Computational Finance · Quantitative Finance 2018-10-17 Zvezdin Besarabov , Todor Kolev

We consider blockchain in dynamic networks. We define the Blockchain Decision Problem. It requires miners that maintain the blockchain to confirm whether a particular block is accepted. We establish the necessary conditions for the…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-08-09 Rachel Bricker , Mikhail Nesterenko , Gokarna Sharma

A decentralized blockchain is a distributed ledger that is often used as a platform for exchanging goods and services. This ledger is maintained by a network of nodes that obeys a set of rules, called a consensus protocol, which helps to…

Optimization and Control · Mathematics 2022-01-03 Lucy Klinger , Lei Zhang , Zhennan Zhou

The convergence of blockchain and the Internet of Things (IoT) enables secure, decentralised, and verifiable data exchange across distributed smart environments. However, traditional blockchain frameworks suffer from inherent scalability…

Distributed, Parallel, and Cluster Computing · Computer Science 2026-03-31 Hasan Mahmud Rhidoy , Mahdi H. Miraz , Iftekhar Salam

A blockchain system is a replicated state machine that must be fault tolerant. When designing a blockchain system, there is usually a trade-off between decentralization, scalability, and security. In this paper, we propose a novel…

Cryptography and Security · Computer Science 2018-11-20 Tai-Yuan Chen , Wei-Ning Huang , Po-Chun Kuo , Hao Chung , Tzu-Wei Chao

Blockchain technology is booming up the digital world in recent days and thus paved a way for creating separate blockchain network for various industries. This technology is characterized by its distributed, decentralized, and immutable…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-10-31 Ankit Ravish , Akshay Tejwani , Piduguralla Manaswini , Sathya Peri

Blockchain is based on a P2P network, supporting decentralized consensus of current cryptocurrencies. Since bitcoin and altcoins all utilize an underlying blockchain, they are therefore greatly affected by the performance of the P2P…

Networking and Internet Architecture · Computer Science 2018-09-17 Wei Bi , Huawei Yang , Maolin Zheng

Blockchain technology has rapidly emerged to mainstream attention, while its publicly accessible, heterogeneous, massive-volume, and temporal data are reminiscent of the complex dynamics encountered during the last decade of big data.…

Cryptography and Security · Computer Science 2024-04-30 Poupak Azad , Cuneyt Gurcan Akcora , Arijit Khan