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Despite the tremendous interest in cryptocurrencies like Bitcoin and Ethereum today, many aspects of the underlying consensus protocols are poorly understood. Therefore, the search for protocols that improve either throughput or security…

密码学与安全 · 计算机科学 2021-09-01 Ignacio Amores-Sesar , Christian Cachin , Anna Parker

Mining processes of Bitcoin and similar cryptocurrencies are currently incentivized with voluntary transaction fees and fixed block rewards which will halve gradually to zero. In the setting where optional and arbitrary transaction fee…

密码学与安全 · 计算机科学 2022-07-14 Tiantian Gong , Mohsen Minaei , Wenhai Sun , Aniket Kate

In this paper, we identify a new form of attack, called the Balance attack, against proof-of-work blockchain systems. The novelty of this attack consists of delaying network communications between multiple subgroups of nodes with balanced…

分布式、并行与集群计算 · 计算机科学 2017-01-02 Christopher Natoli , Vincent Gramoli

Bitcoin recently introduced a new protocol for the encryption of peer-to-peer (P2P) communication. The protocol, known as V2 P2P transport, represents a big step towards securing the overlay network against various previously-known attack…

密码学与安全 · 计算机科学 2026-05-20 Charmaine Ndolo , Florian Tschorsch

Bitcoin is a decentralized crypto-currency, and an accompanying protocol, created in 2008. Bitcoin nodes continuously generate and propagate blocks---collections of newly approved transactions that are added to Bitcoin's ledger. Block…

密码学与安全 · 计算机科学 2015-07-24 Ayelet Sapirshtein , Yonatan Sompolinsky , Aviv Zohar

Previous work presented a theoretical model based on the implicit Bitcoin specification for how an entity might issue a protocol native cryptocurrency that mimics features of fiat currencies. Protocol native means that it is built into the…

密码学与安全 · 计算机科学 2019-12-16 Peter Mell , Aurelien Delaitre , Frederic de Vaulx , Philippe Dessauw

Blockchain programs (also known as smart contracts) manage valuable assets like cryptocurrencies and tokens, and implement protocols in domains like decentralized finance (DeFi) and supply-chain management. These types of applications…

密码学与安全 · 计算机科学 2023-11-09 Monika di Angelo , Thomas Durieux , João F. Ferreira , Gernot Salzer

Cryptocurrencies, arguably the most prominent application of blockchains, have been on the rise with a wide mainstream acceptance. A central concept in cryptocurrencies is "mining pools", groups of cooperating cryptocurrency miners who…

密码学与安全 · 计算机科学 2022-10-20 Ayodeji Adeniran , David Mohaisen

Quantum computation represents a threat to many cryptographic protocols in operation today. It has been estimated that by 2035, there will exist a quantum computer capable of breaking the vital cryptographic scheme RSA2048. Blockchain…

量子物理 · 物理学 2021-05-06 Joseph J. Kearney , Carlos A. Perez-Delgado

Bitcoin is a popular cryptocurrency that records alltransactions in a distributed append-only public ledger calledblockchain. The security of Bitcoin heavily relies on the incentive-compatible proof-of-work (PoW) based distributed consensus…

密码学与安全 · 计算机科学 2018-06-05 Mauro Conti , Sandeep Kumar E , Chhagan Lal , Sushmita Ruj

An open distributed system can be secured by requiring participants to present proof of work and rewarding them for participation. The Bitcoin digital currency introduced this mechanism, which is adopted by almost all contemporary digital…

密码学与安全 · 计算机科学 2014-12-01 Ittay Eyal

Mining pools, the main components of the Bitcoin network, dominate the computing resources and play essential roles in network security and performance aspects. Although many existing measurements of the Bitcoin network are available,…

密码学与安全 · 计算机科学 2019-02-22 Canhui Wang , Xiaowen Chu , Qin Yang

Mining for Bitcoins is a high-risk high-reward activity. Miners, seeking to reduce their variance and earn steadier rewards, collaborate in pooling strategies where they jointly mine for Bitcoins. Whenever some pool participant is…

计算机科学与博弈论 · 计算机科学 2017-03-14 Ben A. Fisch , Rafael Pass , Abhi Shelat

The key cryptographic protocols used to secure the internet and financial transactions of today are all susceptible to attack by the development of a sufficiently large quantum computer. One particular area at risk are cryptocurrencies, a…

量子物理 · 物理学 2020-06-07 Divesh Aggarwal , Gavin K. Brennen , Troy Lee , Miklos Santha , Marco Tomamichel

Bitcoin was recently introduced as a peer-to-peer electronic currency in order to facilitate transactions outside the traditional financial system. The core of Bitcoin, the Blockchain, is the history of the transactions in the system…

密码学与安全 · 计算机科学 2017-05-04 Siamak Solat , Maria Potop-Butucaru

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…

密码学与安全 · 计算机科学 2022-06-22 Jakub Sliwinski , Roger Wattenhofer

Modern blockchains, such as Ethereum, enable the execution of so-called smart contracts - programs that are executed across a decentralised network of nodes. As smart contracts become more popular and carry more value, they become more of…

密码学与安全 · 计算机科学 2019-05-31 Christof Ferreira Torres , Mathis Steichen , Radu State

Blockchain-based cryptocurrencies, such as Bitcoin, have seen on the rise in their popularity and value, making them a target to several forms of Denial-of-Service (DoS) attacks, and calling for a better understanding of their attack…

密码学与安全 · 计算机科学 2021-01-05 Muhammad Saad , Joongheon Kim , DaeHun Nyang , David Mohaisen

Smart Contracts and transactions allow users to implement elaborate constructions on cryptocurrency blockchains like Bitcoin and Ethereum. Many of these constructions, including operational payment channels and atomic swaps, use a building…

密码学与安全 · 计算机科学 2021-03-26 Itay Tsabary , Matan Yechieli , Alex Manuskin , Ittay Eyal

Mining attacks allow adversaries to obtain a disproportionate share of the mining reward by deviating from the honest mining strategy in the Bitcoin system. Among them, the most well-known are selfish mining (SM), block withholding (BWH),…

计算机科学与博弈论 · 计算机科学 2023-05-15 Junjie Hu , Chunxiang Xu , Zhe Jiang , Jiwu Cao