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A blockchain and smart contract enabled security mechanism for IoT applications has been reported recently for urban, financial, and network services. However, due to the power-intensive and a low-throughput consensus mechanism in existing…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-09-25 Ronghua Xu , Yu Chen , Erik Blasch , Genshe Chen

Blockchain performance has historically faced challenges posed by the throughput limitations of consensus algorithms. Recent breakthroughs in research have successfully alleviated these constraints by introducing a modular architecture that…

Distributed, Parallel, and Cluster Computing · Computer Science 2026-05-19 Ray Neiheiser , Arman Babaei , Giannis Alexopoulos , Marios Kogias , Eleftherios Kokoris Kogias

Off-chain protocols (channels) are a promising solution to the scalability and privacy challenges of blockchain payments. Current proposals, however, require synchrony assumptions to preserve the safety of a channel, leaking to an adversary…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-06-22 Georgia Avarikioti , Eleftherios Kokoris Kogias , Roger Wattenhofer , Dionysis Zindros

Inverter-dominated microgrids are quickly becoming a key building block of future power systems. They rely on centralized controllers that can provide reliability and resiliency in extreme events. Nonetheless, communication failures due to…

Systems and Control · Electrical Eng. & Systems 2023-07-11 Siddharth Bhela , Abhishek Banerjee , Ulrich Muenz , Joachim Bamberger

Blockchain technologies originate from cryptocurrencies. Thus, most blockchain technologies assume an environment with a fast and stable network. However, in some blockchain-based systems, e.g., supply chain management (SCM) systems, some…

Federated learning promises to make machine learning feasible on distributed, private datasets by implementing gradient descent using secure aggregation methods. The idea is to compute a global weight update without revealing the…

Machine Learning · Computer Science 2019-12-03 Badih Ghazi , Rasmus Pagh , Ameya Velingker

Blockchain offers a decentralized, immutable, transparent system of records. It offers a peer-to-peer network of nodes with no centralised governing entity making it unhackable and therefore, more secure than the traditional paper-based or…

Cryptography and Security · Computer Science 2019-11-27 Harsh Jot Singh , Abdelhakim Senhaji Hafid

In blockchain systems, especially cryptographic currencies such as Bitcoin, the double-spending and Byzantine-general-like problem are solved by reaching consensus protocols among all nodes. The state-of-the-art protocols include…

Cryptography and Security · Computer Science 2018-08-02 Jianwen Chen , Kai Duan , Rumin Zhang , Liaoyuan Zeng , Wenyi Wang

Cryptocurrencies are a digital medium of exchange with decentralized control that renders the community operating the cryptocurrency its sovereign. Leading cryptocurrencies use proof-of-work or proof-of-stake to reach consensus, thus are…

General Finance · Quantitative Finance 2020-07-07 Gal Shahaf , Ehud Shapiro , Nimrod Talmon

Decentralized, distributed storage offers a way to reduce the impact of data silos as often fostered by centralized cloud storage. While the intentions of this trend are not new, the topic gained traction due to technological advancements,…

Networking and Internet Architecture · Computer Science 2022-01-19 Erik Daniel , Florian Tschorsch

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…

Cryptography and Security · Computer Science 2018-05-10 Stefano De Angelis

Many existing timed-release encryption schemes uses time-lock puzzles to avoid relying on a trusted timeserver or a key holder which could be a weak spot in data security. However, it is unavoidable to consume massive computing power for…

Cryptography and Security · Computer Science 2022-07-13 Fanghao Yang , Xingqiu Yuan

The efficient market hypothesis has far-reaching implications for financial trading and market stability. Whether or not cryptocurrencies are informationally efficient has therefore been the subject of intense recent investigation. Here, we…

Statistical Finance · Quantitative Finance 2019-02-06 Higor Y. D. Sigaki , Matjaz Perc , Haroldo V. Ribeiro

Distributed architectures are used to improve performance and reliability of various systems. Examples include drone swarms and load-balancing servers. An important capability of a distributed architecture is the ability to reach consensus…

Programming Languages · Computer Science 2024-02-01 Mohit Tekriwal , Avi Tachna-Fram , Jean-Baptiste Jeannin , Manos Kapritsos , Dimitra Panagou

We propose a secure computation solution for blockchain networks. The correctness of computation is verifiable even under malicious majority condition using information-theoretic Message Authentication Code (MAC), and the privacy is…

Cryptography and Security · Computer Science 2018-12-17 Derek Zhang , Alex Su , Felix Xu , Jiang Chen

The security of blockchain systems is fundamentally based on the decentralized consensus in which the majority of parties behave honestly, and the content verification process is essential to maintaining the robustness of blockchain…

Cryptography and Security · Computer Science 2025-08-21 Zishuo Zhao , Xi Chen , Yuan Zhou

Blockchain technology enables secure, transparent data management in decentralized systems, supporting applications from cryptocurrencies like Bitcoin to tokenizing real-world assets like property. Its scalability and sustainability hinge…

Cryptography and Security · Computer Science 2025-04-25 Zan-Kai Chong , Hiroyuki Ohsaki , Bryan Ng

This paper proposes a privacy-preserving algorithm to solve the average consensus problem based on Shamir's secret sharing scheme, in which a network of agents reach an agreement on their states without exposing their individual state until…

Cryptography and Security · Computer Science 2020-11-20 Silun Zhang , Thomas Ohlson Timoudas , Munther Dahleh

With the development of decentralized consensus protocols, permissionless blockchains have been envisioned as a promising enabler for the general-purpose transaction-driven, autonomous systems. However, most of the prevalent blockchain…

Computer Science and Game Theory · Computer Science 2018-11-19 Zhengwei Ni , Wenbo Wang , Dong In Kim , Ping Wang , Dusit Niyato

Average consensus is fundamental for distributed systems since it underpins key functionalities of such systems ranging from distributed information fusion, decision-making, to decentralized control. In order to reach an agreement, existing…

Systems and Control · Computer Science 2017-09-21 Minghao Ruan , Muaz Ahmad , Yongqiang Wang