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This paper presents MPC-EVM, the first blockchain prototype that extends the EVM to enable asynchronous MPC invocations by smart contracts during transaction executions without compromising consistency or throughput. MPC-EVM uses an…

Cryptography and Security · Computer Science 2025-07-29 Yichen Zhou , Chenxing Li , Fan Long

Modern blockchain applications benefit from the ability to specify sequencing constraints on the transactions that interact with them. This paper proposes a principled and axiomatically justified way of adding sequencing constraints on…

Databases · Computer Science 2026-01-29 Naveen Durvasula

Proof of Stake (PoS) protocols rely on voting mechanisms to reach consensus on the current state. If an enhanced majority of staking nodes, also called validators, agree on a proposed block, then this block is appended to the blockchain.…

Computer Science and Game Theory · Computer Science 2021-07-20 Stefanos Leonardos , Daniel Reijsbergen , Georgios Piliouras

The security of Bitcoin protocols is deeply dependent on the incentives provided to miners, which come from a combination of block rewards and transaction fees. As Bitcoin experiences more halving events, the protocol reward converges to…

Cryptography and Security · Computer Science 2025-09-12 Roozbeh Sarenche , Alireza Aghabagherloo , Svetla Nikova , Bart Preneel

The adoption of blockchain for Transactive Energy has gained significant momentum as it allows mutually non-trusting agents to trade energy services in a trustless energy market. Research to date has assumed that the built-in Byzantine…

Systems and Control · Electrical Eng. & Systems 2020-11-16 Shammya Saha , Nikhil Ravi , Kari Hreinsson , Jaejong Baek , Anna Scaglione , Nathan G. Johnson

Blockchain systems, such as Ethereum, are increasingly adopting layer-2 scaling solutions to improve transaction throughput and reduce fees. One popular layer-2 approach is the Optimistic Rollup, which relies on a mechanism known as a…

Computer Science and Game Theory · Computer Science 2025-04-08 Suhyeon Lee

Blockchain protocols implement total-order broadcast in a permissionless setting, where processes can freely join and leave. In such a setting, to safeguard against Sybil attacks, correct processes rely on cryptographic proofs tied to a…

Cryptography and Security · Computer Science 2022-11-23 Sarah Azouvi , Christian Cachin , Duc V. Le , Marko Vukolic , Luca Zanolini

Maximum extractable value (MEV) has been extensively studied. In most papers, the researchers have worked with the Ethereum blockchain almost exclusively. Even though, Ethereum and other blockchains have dynamic gas prices this is not the…

Cryptography and Security · Computer Science 2023-03-09 Facundo Carrillo , Elaine Hu

Optimistic responsiveness -- the ability of a consensus protocol to operate at the speed of the network -- is widely used in consensus protocol design to optimize latency and throughput. However, blockchain applications incentivize…

Computer Science and Game Theory · Computer Science 2025-10-30 Kaya Alpturer , Kushal Babel , Aditya Saraf

Sealed-bid auctions play a crucial role in blockchain ecosystems. Previous works introduced viable blockchain sealed-bid auction protocols, leveraging timed commitments for bid encryption. However, a crucial challenge remains unresolved in…

Computer Science and Game Theory · Computer Science 2024-10-15 Jichen Li , Yuanchen Tang , Jing Chen , Xiaotie Deng

Consider a set of parties invited to execute a protocol $\Pi$. The protocol will incur some cost to run while in the end (or at regular intervals), it will populate and update local tables that assign (virtual) rewards to participants. Each…

Computer Science and Game Theory · Computer Science 2020-01-03 Aggelos Kiayias , Aikaterini-Panagiota Stouka

In view of the security issues of the Internet of Things (IoT), considered better combining edge computing and blockchain with the IoT, integrating attribute-based encryption (ABE) and attribute-based access control (ABAC) models with…

Cryptography and Security · Computer Science 2021-11-18 Jie Zhang , Lingyun Yuan , Shanshan Xu

A smart contract on a blockchain cannot keep a secret because its data is replicated on all nodes in a network. To remedy this problem, it has been suggested to combine blockchains with trusted execution environments (TEEs), such as Intel…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-05-23 Marcus Brandenburger , Christian Cachin , Rüdiger Kapitza , Alessandro Sorniotti

This paper presents an adversary model and a simulation framework specifically tailored for analyzing attacks on distributed systems composed of multiple distributed protocols, with a focus on assessing the security of blockchain networks.…

Cryptography and Security · Computer Science 2025-04-18 Erwan Mahe , Rouwaida Abdallah , Pierre-Yves Piriou , Sara Tucci-Piergiovanni

The prevalence of maximal extractable value (MEV) in the Ethereum ecosystem has led to a characterization of the latter as a dark forest. Studies of MEV have thus far largely been restricted to purely on-chain MEV, i.e., sandwich attacks,…

Computational Engineering, Finance, and Science · Computer Science 2024-04-09 Lioba Heimbach , Vabuk Pahari , Eric Schertenleib

With the advent of blockchain technologies, the idea of decentralized applications has gained traction. Smart contracts permit the implementation of application logic to foster distributed systems that are capable of removing…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-02-12 Martin Westerkamp

This paper examines the economic and security implications of Proof-of-Stake (POS) designs, providing a survey of POS design choices and their underlying economic principles in prominent POS-blockchains. The paper argues that…

General Economics · Economics 2024-05-24 Nicolas Oderbolz , Beatrix Marosvölgyi , Matthias Hafner

Permissionless blockchains promise to be resilient against censorship by a single entity. This suggests that deterministic rules, and not third-party actors, are responsible for deciding if a transaction is appended to the blockchain or…

Modern web services crucially rely on high-performance distributed databases, where concurrent transactions are isolated from each other using concurrency control protocols. Relaxed isolation levels, which permit more complex concurrent…

Databases · Computer Science 2025-01-24 Shabnam Ghasemirad , Christoph Sprenger , Si Liu , Luca Multazzu , David Basin

The asset trading volume on blockchain-based exchanges (DEX) increased substantially since the advent of Automated Market Makers (AMM). Yet, AMMs and their forks compete on the same blockchain, incurring unnecessary network and block-space…

Cryptography and Security · Computer Science 2021-06-21 Liyi Zhou , Kaihua Qin , Arthur Gervais