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Proof of Work (PoW) is a Sybil-deterrence security mechanism. It introduces an external cost to a system by requiring computational effort to perform actions. However, since its inception, a central challenge was to tune this cost. Initial…

Cryptography and Security · Computer Science 2021-08-05 Itay Tsabary , Alexander Spiegelman , Ittay Eyal

This paper presents an empirical evaluation of the Proof of Team Sprint (PoTS) consensus algorithm, focusing on reward fairness, energy efficiency, system stability, and scalability. We conducted large-scale simulations comparing PoTS with…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-03-26 Naoki Yonezawa

Attribution maps for semantic segmentation are almost always judged by visual plausibility. Yet looking convincing does not guarantee that the highlighted pixels actually drive the model's prediction, nor that attribution credit stays…

Computer Vision and Pattern Recognition · Computer Science 2026-03-25 Abu Noman Md Sakib , OFM Riaz Rahman Aranya , Kevin Desai , Zijie Zhang

Blockchain is rapidly emerging as an important class of network application, with a unique set of trust, security and transparency properties. In a blockchain system, participants record and update the `server-side' state of an application…

Networking and Internet Architecture · Computer Science 2022-05-24 Yifan Mao , Shaileshh Bojja Venkatakrishnan

Blockchain technology has become a trusted method for establishing secure and transparent transactions through a distributed, encrypted network. The operation of blockchain is governed by consensus algorithms, among which Proof of Stake…

Cryptography and Security · Computer Science 2024-06-03 Bruno Ramos-Cruz , Javier Andreu-Pérez , Francisco J. Quesada , Luis Martínez

Attestation is a strong tool to verify the integrity of an untrusted system. However, in recent years, different attacks have appeared that are able to mislead the attestation process with treacherous practices as memory copy, proxy, and…

Cryptography and Security · Computer Science 2021-10-05 Ignacio M. Delgado-Lozano , Macarena C. Martínez-Rodríguez , Alexandros Bakas , Billy Bob Brumley , Antonis Michalas

This work proposes a novel proof-of-work blockchain incentive scheme such that, barring exogenous motivations, following the protocol is guaranteed to be the optimal strategy for miners. Our blockchain takes the form of a directed acyclic…

Cryptography and Security · Computer Science 2022-06-22 Jakub Sliwinski , Roger Wattenhofer

Distributed proofs are mechanisms enabling the nodes of a network to collectivity and efficiently check the correctness of Boolean predicates on the structure of the network, or on data-structures distributed over the nodes (e.g., spanning…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-09-22 Laurent Feuilloley , Pierre Fraigniaud , Juho Hirvonen , Ami Paz , Mor Perry

This paper extends the blockchain sustainability framework of Budish (2018) to consider proof of stake (in addition to proof of work) consensus mechanisms and permissioned (where the number of nodes are fixed) networks. It is demonstrated…

Cryptography and Security · Computer Science 2020-12-23 Neil Gandal , Joshua S. Gans

State-of-the-Art (SOTA) claims pervade Artificial Intelligence (AI) and Machine Learning (ML) research. These claims rest on benchmark evaluations, where models are ranked by aggregate scores across tasks. Public benchmarks or leaderboards…

Machine Learning · Computer Science 2026-05-26 YongKyung Oh

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

As smart contract platforms autonomously manage billions of dollars of capital, quantifying the portfolio risk that investors engender in these systems is increasingly important. Recent work illustrates that Proof of Stake (PoS) is…

General Finance · Quantitative Finance 2020-06-22 Tarun Chitra , Alex Evans

Blockchain relay schemes enable cross-chain state proofs without requiring trusted intermediaries. This is achieved by applying the source blockchain's consensus validation protocol on the target blockchain. Existing chain relays allow for…

Cryptography and Security · Computer Science 2022-08-24 Martin Westerkamp , Maximilian Diez

Owing to Satoshi Nakamoto's brilliant idea, a P2P public ledger is shown to be implementable in anonymous network. Any Internet user can then join the anonymous network and contribute to the P2P public ledger by providing their computing…

Cryptography and Security · Computer Science 2018-07-02 DaeHun Nyang

We study peer-grading with competitive graders who enjoy a higher utility when their peers get lower scores. We propose a new mechanism, PEQA, that incentivizes such graders through a score-assignment rule which aggregates the final score…

Computer Science and Game Theory · Computer Science 2021-07-01 Anujit Chakraborty , Jatin Jindal , Swaprava Nath

All public blockchains are secured by a proof of opportunity cost among block producers. For example, the security offered by proof-of-work (PoW) systems, like Bitcoin, is due to spent computation; it is work precisely because it cannot be…

Computer Science and Game Theory · Computer Science 2019-08-27 George Bissias , Brian N. Levine , David Thibodeau

Bitcoin is the most successful cryptocurrency so far. This is mainly due to its novel consensus algorithm, which is based on proof-of-work combined with a cryptographically-protected data structure and a rewarding scheme that incentivizes…

Cryptography and Security · Computer Science 2019-05-24 Pawel Szalachowski , Daniel Reijsbergen , Ivan Homoliak , Siwei Sun

Bitcoin is the first of its kind, a truly decentralized and anonymous cryptocurrency. To realize it, it has developed blockchain technology using the concept of `Proof of Work' (PoW). The miners, nodes responsible for writing transaction…

Cryptography and Security · Computer Science 2022-10-14 Yash Chaurasia , Visvesh Subramanian , Sujit Gujar

Bitcoin is the most secure blockchain in the world, supported by the immense hash power of its Proof-of-Work miners. Proof-of-Stake chains are energy-efficient, have fast finality but face several security issues: susceptibility to…

Cryptography and Security · Computer Science 2025-02-04 Ertem Nusret Tas , David Tse , Fangyu Gai , Sreeram Kannan , Mohammad Ali Maddah-Ali , Fisher Yu

Proof-of-Work (PoW) is the most widely adopted incentive model in current blockchain systems, which unfortunately is energy inefficient. Proof-of-Stake (PoS) is then proposed to tackle the energy issue. The rich-get-richer concern of PoS…

Cryptography and Security · Computer Science 2021-03-31 Yuming Huang , Jing Tang , Qianhao Cong , Andrew Lim , Jianliang Xu