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The digital currency Bitcoin has had remarkable growth since it was first proposed in 2008. Its distributed nature allows currency transactions without a central authority by using cryptographic methods and a data structure called the…

量子物理 · 物理学 2020-09-28 Jonathan Jogenfors

Despite their potential in many respects, blockchain and distributed ledger technology (DLT) technology have been the target of criticism for the energy intensity of the proof-of-work (PoW) consensus algorithm in general and of Bitcoin…

分布式、并行与集群计算 · 计算机科学 2023-07-20 Juan Ignacio Ibañez , Alexander Freier

Proof-of-Work (PoW) is a popular consensus protocol used by Bitcoin since its inception. PoW has the well-known flaw of assigning all the reward to the single miner (or pool) that inserts the new block. This has the consequence of making…

分布式、并行与集群计算 · 计算机科学 2022-07-13 Danilo Bazzanella , Andrea Gangemi

Privacy-preserving blockchain systems are essential for protecting transaction data, yet they must also provide auditability that enables auditors to recover participant identities and transaction amounts when warranted. Existing designs…

密码学与安全 · 计算机科学 2025-09-11 Zihan Liu , Xiaohu Wang , Chao Lin , Minghui Xu , Debiao He , Xinyi Huang

Over the past decade, the Bitcoin P2P network protocol has become a reference model for all modern cryptocurrencies. While nodes in this network are known, the connections among them are kept hidden, as it is commonly believed that this…

密码学与安全 · 计算机科学 2021-07-28 Federico Franzoni , Xavier Salleras , Vanesa Daza

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

A blockchain is an append-only linked-list of blocks, which is maintained at each participating node. Each block records a set of transactions and their associated metadata. Blockchain transactions act on the identical ledger data stored at…

数据库 · 计算机科学 2021-08-05 Suyash Gupta , Mohammad Sadoghi

Trust management systems often use registries to authenticate data, or form trust decisions. Examples are revocation registries and trust status lists. By introducing distributed ledgers (DLs), it is also possible to create decentralized…

密码学与安全 · 计算机科学 2022-07-20 Stefan More , Jakob Heher , Clemens Walluschek

Anti-piracy is fundamentally a procedure that relies on collecting data from the open anonymous population, so how to incentivize credible reporting is a question at the center of the problem. Industrial alliances and companies are running…

密码学与安全 · 计算机科学 2021-07-14 Xian Zhang , Xiaobing Guo , Zixuan Zeng , Wenyan Liu , Zhongxin Guo , Yang Chen , Shuo Chen , Qiufeng Yin , Mao Yang , Lidong Zhou

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

Differential privacy (DP) has steadily become the de-facto standard for achieving privacy in data analysis, which is typically implemented either in the "central" or "local" model. The local model has been more popular for commercial…

密码学与安全 · 计算机科学 2020-03-11 Amrita Roy Chowdhury , Chenghong Wang , Xi He , Ashwin Machanavajjhala , Somesh Jha

Bitcoin is a decentralized, pseudonymous cryptocurrency that is one of the most used digital assets to date. Its unregulated nature and inherent anonymity of users have led to a dramatic increase in its use for illicit activities. This…

密码学与安全 · 计算机科学 2019-10-16 Francesco Zola , Maria Eguimendia , Jan Lukas Bruse , Raul Orduna Urrutia

As global governments intensify efforts to operationalize retail central bank digital currencies (CBDCs), the imperative for architectures that preserve user privacy has never been more pronounced. This paper advances an existing retail…

计算机与社会 · 计算机科学 2024-04-22 William Macpherson , Geoffrey Goodell

Consensus algorithms play a critical role in blockchains and directly impact their performance. During consensus processing, nodes need to validate and order the pending transactions into a new block, which requires verifying the…

密码学与安全 · 计算机科学 2023-05-29 Wanxin Li , Collin Meese , Mark Nejad , Hao Guo

As an emerging decentralized secure data management platform, blockchain has gained much popularity recently. To maintain a canonical state of blockchain data record, proof-of-work based consensus protocols provide the nodes, referred to as…

计算机科学与博弈论 · 计算机科学 2020-03-30 Yutao Jiao , Ping Wang , Dusit Niyato , Kongrath Suankaewmanee

Bitcoin and Ethereum, whose miners arguably collectively comprise the most powerful computational resource in the history of mankind, offer no more power for processing and verifying transactions than a typical smart phone. The system…

密码学与安全 · 计算机科学 2019-08-14 Jason Teutsch , Christian Reitwießner

Bitcoin and many other similar Cryptocurrencies have been in existence for over a decade, prominently focusing on decentralized, pseudo-anonymous ledger-based transactions. Many protocol improvements and changes have resulted in new…

密码学与安全 · 计算机科学 2024-09-10 Chaitanya Rahalkar , Anushka Virgaonkar

Since the inception of blockchain and Bitcoin (Nakamoto (2008)), a decentralized-distributed ledger system and its associated cryptocurrency, respectively, the world has witnessed a slew of newer adaptations and applications. Although the…

分布式、并行与集群计算 · 计算机科学 2019-01-15 Jinwook Lee , Paul Moon Sub Choi

Blockchain technology emerged with the advent of Bitcoin and rapidly developed over the past few decades, becoming widely accepted and known by the public. However, in the past decades, the massive adoption of blockchain technology has yet…

密码学与安全 · 计算机科学 2024-07-26 Jia Kan

Bitcoin is a peer-to-peer payment system proposed by Nakamoto in 2008. Properties of the bitcoin backbone protocol have been investigated in some depth: the blockchain growth property quantifies the number of blocks added to the blockchain…

密码学与安全 · 计算机科学 2019-10-22 Jing Li , Dongning Guo