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Cryptocurrencies, based on and led by Bitcoin, have shown promise as infrastructure for pseudonymous online payments, cheap remittance, trustless digital asset exchange, and smart contracts. However, Bitcoin-derived blockchain protocols…

密码学与安全 · 计算机科学 2015-11-12 Ittay Eyal , Adem Efe Gencer , Emin Gun Sirer , Robbert van Renesse

In recent years, there are some major changes in the way content is being distributed over the network. The content distribution techniques have recently started to embrace peer-to-peer (P2P) systems as an alternative to the traditional…

网络与互联网体系结构 · 计算机科学 2012-08-10 Poo Kuan Hoong , Ian K. T. Tan , Chee Yik Keong

Mining is the important part of the blockchain used the proof of work (PoW) on its consensus, looking for the matching block through testing a number of hash calculations. In order to attract more hash computing power, the miner who finds…

密码学与安全 · 计算机科学 2021-04-01 Muchuang Hu , Jiahui Chen , Wensheng Gan , Chien-Ming Chen

The Lightning Network is a scaling solution for Bitcoin that promises to enable rapid and private payment processing. In Lightning, multi-hop payments are secured by utilizing Hashed Time-Locked Contracts (HTLCs) and encrypted on the…

网络与互联网体系结构 · 计算机科学 2020-06-23 Elias Rohrer , Florian Tschorsch

Many of today's crypto currencies use blockchains as decentralized ledgers and secure them with proof of work. In case of a fork of the chain, Bitcoin's rule for achieving consensus is selecting the longest chain and discarding the other…

密码学与安全 · 计算机科学 2018-08-13 Fabian Ritz , Alf Zugenmaier

Cryptocurrencies and Web3 applications based on blockchain technology have flourished in the blockchain research field. Unlike Bitcoin and Ethereum, due to its unique architectural designs in consensus mechanisms, resource management, and…

密码学与安全 · 计算机科学 2025-09-23 Qian'ang Mao , Jiaxin Wang , Zhiqi Feng , Yi Zhang , Jiaqi Yan

In recent years, Ethereum gained tremendously in popularity, growing from a daily transaction average of 10K in January 2016 to an average of 500K in January 2020. Similarly, smart contracts began to carry more value, making them appealing…

密码学与安全 · 计算机科学 2021-01-18 Christof Ferreira Torres , Antonio Ken Iannillo , Arthur Gervais , Radu State

High-throughput blockchains require efficient transaction broadcast mechanisms that can deliver transactions to most network nodes with low bandwidth overhead and latency. Existing schemes coordinate transmissions across peers to avoid…

网络与互联网体系结构 · 计算机科学 2022-05-05 Lei Yang , Yossi Gilad , Mohammad Alizadeh

Bitcoin is a peer-to-peer payment system proposed by Nakamoto in 2008. Based on the Nakamoto consensus, Bagaria, Kannan, Tse, Fanti, and Viswanath proposed the Prism protocol in 2018 and showed that it achieves near-optimal blockchain…

密码学与安全 · 计算机科学 2020-04-27 Jing Li , Dongning Guo

The Bitcoin protocol prescribes certain behavior by the miners who are responsible for maintaining and extending the underlying blockchain; in particular, miners who successfully solve a puzzle, and hence can extend the chain by a block,…

计算机科学与博弈论 · 计算机科学 2019-06-12 Francisco J. Marmolejo-Cossío , Eric Brigham , Benjamin Sela , Jonathan Katz

The paper examines decentralized cryptocurrency protocols that are based on the use of internal tokens as identity tools. An analysis of security problems with popular Proof-of-stake consensus protocols is provided. A new protocol,…

密码学与安全 · 计算机科学 2016-01-12 Alexander Chepurnoy

Bitcoin and Ethereum are the top two blockchain-based cryptocurrencies whether from cryptocurrency market cap or popularity. However, they are vulnerable to selfish mining and stubborn mining due to that both of them adopt Proof-of-Work…

密码学与安全 · 计算机科学 2021-12-07 Runkai Yang , Xiaolin Chang , Jelena Mišić , Vojislav B. Mišić

This paper surveys innovative protocols that enhance the programming functionality of the Bitcoin blockchain, a key part of the "Bitcoin Ecosystem." Bitcoin utilizes the Unspent Transaction Output (UTXO) model and a stack-based script…

密码学与安全 · 计算机科学 2024-10-01 Guofu Liao , Taotao Wang , Qing Yang , Yihan Xia , Long Shi , Xiang Zhao , Xiaoxiao Wu , Shengli Zhang , Anthony Chan , Richard Yuen

Decentralized systems built around blockchain technology promise clients an immutable ledger. They add a transaction to the ledger after it undergoes consensus among the replicas that run a Proof-of-Stake (PoS) or Byzantine Fault-Tolerant…

密码学与安全 · 计算机科学 2025-08-08 Junchao Chen , Suyash Gupta , Alberto Sonnino , Lefteris Kokoris-Kogias , Mohammad Sadoghi

Smart contracts are programs that are executed on a blockhain. They have been used for applications in voting, decentralized finance, and supply chain management. However, vulnerabilities in smart contracts have been abused by hackers,…

编程语言 · 计算机科学 2021-10-19 Timothy Mou , Michael Coblenz , Jonathan Aldrich

Bitcoin is a decentralized P2P digital currency in which coins are generated by a distributed set of miners and transaction are broadcasted via a peer-to-peer network. While Bitcoin provides some level of anonymity (or rather pseudonymity)…

密码学与安全 · 计算机科学 2015-01-09 Alex Biryukov , Ivan Pustogarov

Traditionally, wireless network protocols have been designed for performance. Subsequently, as attacks have been identified, patches have been developed. This has resulted in an "arms race" development process of discovering vulnerabilities…

网络与互联网体系结构 · 计算机科学 2013-09-12 Jonathan Ponniah , Yih-Chun Hu , P. R. Kumar

The rise of blockchain-based cryptocurrencies has led to an explosion of services using distributed ledgers as their underlying infrastructure. However, due to inherently single-service oriented blockchain protocols, such services can bloat…

密码学与安全 · 计算机科学 2016-11-22 Adem Efe Gencer , Robbert van Renesse , Emin Gün Sirer

We develop a model of stable assets, including non-custodial stablecoins backed by cryptocurrencies. Such stablecoins are popular methods for bootstrapping price stability within public blockchain settings. We derive fundamental results…

交易与市场微观结构 · 定量金融 2023-03-31 Ariah Klages-Mundt , Andreea Minca

Known as a distributed ledger technology (DLT), blockchain has attracted much attention due to its properties such as decentralization, security, immutability and transparency, and its potential of servicing as an infrastructure for various…

密码学与安全 · 计算机科学 2022-03-18 Minghui Xu , Feng Zhao , Yifei Zou , Chunchi Liu , Xiuzhen Cheng , Falko Dressler