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Proof-of-work (PoW) cryptocurrencies rely on a balance of security and fairness in order to maintain a sustainable ecosystem of miners and users. Users demand fast and consistent transaction confirmation, and in exchange drive the adoption…

密码学与安全 · 计算机科学 2023-06-22 Patrik Keller , Ben Glickenhaus , George Bissias , Gregory Griffith

The security of blockchain systems depends on the distribution of mining power across participants. If sufficient mining power is controlled by one entity, they can force their own version of events. This may allow them to double spend…

密码学与安全 · 计算机科学 2024-03-21 Mary Milad , Christina Ovezik , Dimitris Karakostas , Daniel W. Woods

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

We revisit the longstanding open problem of implementing Nakamoto's proof-of-work (PoW) consensus based on a real-world computational task $T(x)$ (as opposed to artificial random hashing), in a truly permissionless setting where the miner…

密码学与安全 · 计算机科学 2025-11-14 Ilan Komargodski , Omri Weinstein

We propose a blockchain architecture in which mining requires a quantum computer. The consensus mechanism is based on proof of quantum work, a quantum-enhanced alternative to traditional proof of work that leverages quantum supremacy to…

Proof-of-Work (PoW) is a Sybil control mechanism adopted in blockchain-based cryptocurrencies. It prevents the attempt of malicious actors to manipulate distributed ledgers. Bitcoin has successfully suppressed double-spending by accepting…

密码学与安全 · 计算机科学 2022-08-31 Suhyeon Lee , Donghwan Lee , Seungjoo Kim

Blockchain, like any other complex technology, needs a strong testing methodology to support its evolution in both research and development contexts. Setting up meaningful tests for permissionless blockchain technology is a notoriously…

分布式、并行与集群计算 · 计算机科学 2024-10-07 Diego Pennino , Maurizio Pizzonia

Bitcoin is the first successful decentralized global digital cash system. Its mining process requires intense computational resources, therefore its usefulness remains a disputable topic. We aim to solve three problems with Bitcoin and…

密码学与安全 · 计算机科学 2016-08-25 Alexander Chepurnoy , Mario Larangeira , Alexander Ojiganov

An important feature of Proof-of-Work (PoW) blockchains is full dynamic availability, allowing miners to go online and offline while requiring only 50% of the online miners to be honest. Existing Proof-of-stake (PoS), Proof-of-Space and…

密码学与安全 · 计算机科学 2021-02-22 Soubhik Deb , Sreeram Kannan , David Tse

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

The security of most existing cryptocurrencies is based on a concept called Proof-of-Work, in which users must solve a computationally hard cryptopuzzle to authorize transactions (`one unit of computation, one vote'). This leads to enormous…

计算机科学与博弈论 · 计算机科学 2018-09-19 Jonah Brown-Cohen , Arvind Narayanan , Christos-Alexandros Psomas , S. Matthew Weinberg

In current blockchain systems, full nodes that perform all of the available functionalities need to store the entire blockchain. In addition to the blockchain, full nodes also store a blockchain-summary, called the \emph{state}, which is…

密码学与安全 · 计算机科学 2022-07-14 Parikshit Hegde , Robert Streit , Yanni Georghiades , Chaya Ganesh , Sriram Vishwanath

In most High Performance Computing (HPC) projects nowadays, there is a lot of data obtained from different sources, depending on the project's objectives. Some of that data is very huge in terms of size, so copying such data sometimes is an…

A soft control of the network activity through varying reward in a proof-of-work (PoW) cryptocurrency is reported. Rewards are the necessity to incent the contributors activities (i.e., mining) in order to maintain the PoW network. Contrary…

计算机与社会 · 计算机科学 2014-09-30 Joe Lao

Proof-of-Work (PoW) consensus is traditionally analyzed under the assumption that all miners incur similar costs per unit of computational effort. In reality, costs vary due to factors such as regional electricity cost differences and…

计算机科学与博弈论 · 计算机科学 2025-05-29 Yogev Bar-On , Ilan Komargodski , Omri Weinstein

The idea of security sharing goes back to Nakamoto's introduction of merge mining, a technique that enables Bitcoin miners to reuse their hash power to bootstrap and secure other Proof-of-Work (PoW) blockchains. However, with the rise of…

With the increasing adoption of decentralized information systems based on a variety of permissionless blockchain networks, the choice of consensus mechanism is at the core of many controversial discussions. Ethereum's recent transition…

密码学与安全 · 计算机科学 2024-02-01 Iván Abellán Álvarez , Vincent Gramlich , Johannes Sedlmeir

In a blockchain system, consensus protocol as an incentive and security mechanism, is to ensure the participants to build the block honestly and effectively. There are different consensus protocols for blockchain, like Proof of work (PoW),…

分布式、并行与集群计算 · 计算机科学 2019-03-25 Zhongli Dong , Young Choon Lee , Albert Y. Zomaya

This paper introduces BlockReduce, a Proof-of-Work (PoW) based blockchain system which achieves high transaction throughput through a hierarchy of merged mined blockchains, each operating in parallel on a partition the overall application…

分布式、并行与集群计算 · 计算机科学 2022-12-29 Yanni Georghiades , Karl Kreder , Jonathan Downing , Alan Orwick , Sriram Vishwanath

This paper reviews and highlights how coding schemes have been used to solve various problems in blockchain systems. Specifically, these problems relate to scaling blockchains in terms of their data storage, computation and communication…

分布式、并行与集群计算 · 计算机科学 2022-08-22 Changlin Yang , Kwan-Wu Chin , Jiguang Wang , Xiaodong Wang , Ying Liu , Zibin Zheng