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Blockchain consensus is a state whereby each node in a network agrees on the current state of the blockchain. Existing protocols achieve consensus via a contest or voting procedure to select one node as a dictator to propose new blocks.…

理论经济学 · 经济学 2022-06-22 Joshua S. Gans , Richard Holden

The Decentralized-Consistent-Scale (DCS) Triangle defines three dimensions that illustrate the tradeoffs of the blockchain consensus mechanism. In this paper, we propose a new hybrid consensus protocol, called Deterministic Proof of Work…

密码学与安全 · 计算机科学 2018-11-15 Zhuan Cheng , Gang Wu , Hao Wu , Muxing Zhao , Liang Zhao , Qingfeng Cai

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…

密码学与安全 · 计算机科学 2018-05-10 Stefano De Angelis

Recently, the blockchain technique was put in the spotlight as it introduced a systematic approach for multiple parties to reach consensus without needing trust. However, the application of this technique in practice is severely restricted…

分布式、并行与集群计算 · 计算机科学 2017-07-17 Zhijie Ren , Kelong Cong , Johan Pouwelse , Zekeriya Erkin

Blockchain has been regarded as a promising technology for Internet of Things (IoT), since it provides significant solutions for decentralized network which can address trust and security concerns, high maintenance cost problem, etc. The…

分布式、并行与集群计算 · 计算机科学 2019-07-24 Bin Cao , Yixin Li , Lei Zhang , Long Zhang , Shahid Mumtaz , Zhenyu Zhou , Mugen Peng

The past decade has witnessed the rapid evolution in blockchain technologies, which has attracted tremendous interests from both the research communities and industries. The blockchain network was originated from the Internet financial…

密码学与安全 · 计算机科学 2019-02-20 Wenbo Wang , Dinh Thai Hoang , Peizhao Hu , Zehui Xiong , Dusit Niyato , Ping Wang , Yonggang Wen , Dong In Kim

In the white book of Bitcion, Satoshi Nakamoto described a bitcoin system that can realize point-to-point online payment without a third-party organization. After supporting this magical application scenario and subverting the traditional…

密码学与安全 · 计算机科学 2022-09-26 Shi Yan

Decentralization is a foundational principle of permissionless blockchains, with consensus mechanisms serving a critical role in its realization. This study quantifies the decentralization of consensus mechanisms in proof-of-stake (PoS)…

分布式、并行与集群计算 · 计算机科学 2025-04-22 Shashank Motepalli , Hans-Arno Jacobsen

This research provides a thorough assessment of the XDC Network, a delegated proof of stake (XDPoS) consensus-based blockchain technology, across its technical, security, and business dimensions. The study evaluates the network's…

密码学与安全 · 计算机科学 2024-08-06 Atul Khekade , Omkar Mestry , Van Khanh Nguyen

Geospatial decentralization is essential for blockchains, ensuring regulatory resilience, robustness, and fairness. We empirically analyze five major Proof of Stake (PoS) blockchains: Aptos, Avalanche, Ethereum, Solana, and Sui, revealing…

分布式、并行与集群计算 · 计算机科学 2025-11-05 Shashank Motepalli , Naman Garg , Gengrui Zhang , Hans-Arno Jacobsen

Consensus protocols used today in blockchains often rely on computational power or financial stakes - scarce resources. We propose a novel protocol using social capital - trust and influence from social interactions - as a non-transferable…

密码学与安全 · 计算机科学 2025-11-06 Juraj Mariani , Ivan Homoliak

Consensus mechanism is the heart of any blockchain network. Many projects have proposed alternative protocols to improve restricted scalability of Proof of Work originated since Bitcoin. As an improvement of Delegated Proof of Stake, in…

密码学与安全 · 计算机科学 2019-12-10 Thuat Do , Thao Nguyen , Hung Pham

The blockchain initially gained traction in 2008 as the technology underlying bitcoin, but now has been employed in a diverse range of applications and created a global market worth over $150B as of 2017. What distinguishes blockchains from…

密码学与安全 · 计算机科学 2017-11-15 Shehar Bano , Alberto Sonnino , Mustafa Al-Bassam , Sarah Azouvi , Patrick McCorry , Sarah Meiklejohn , George Danezis

Blockchain is a type of decentralized distributed network which acts as an immutable digital ledger. Despite the absence of any central governing authority to validate the blocks in the ledger, it is considered secure and immutable due to…

分布式、并行与集群计算 · 计算机科学 2021-09-07 Shashank Joshi

This paper presents a comprehensive comparative analysis of two dominant blockchain consensus mechanisms, Proof of Work (PoW) and Proof of Stake (PoS), evaluated across seven critical metrics: energy use, security, transaction speed,…

密码学与安全 · 计算机科学 2025-11-24 Kaeli Andrews , Linh B. Ngo , Md Amiruzzaman

Blockchain applications that rely on the Proof-of-Work (PoW) have increasingly become energy inefficient with a staggering carbon footprint. In contrast, energy-efficient alternative consensus protocols such as Proof-of-Stake (PoS) may…

密码学与安全 · 计算机科学 2021-01-05 Muhammad Saad , Zhan Qin , Kui Ren , DaeHun Nyang , David Mohaisen

Fault-tolerant distributed systems move the trust in a single party to a majority of parties participating in the protocol. This makes blockchain based crypto-currencies possible: they allow parties to agree on a total order of transactions…

密码学与安全 · 计算机科学 2023-03-15 Søren Eller Thomsen , Bas Spitters

Decentralization is a fundamental design element of the Web3 economy. Blockchains and distributed consensus mechanisms are touted as fault-tolerant, attack-resistant, and collusion-proof because they are decentralized. Recent analyses,…

网络与互联网体系结构 · 计算机科学 2026-04-15 Harang Ju , Madhav Kumar , Ehsan Valavi , Sinan Aral

Reaching consensus -- a macroscopic state where the system constituents display the same microscopic state -- is a necessity in multiple complex socio-technical and techno-economic systems: their correct functioning ultimately depends on…

社会与信息网络 · 计算机科学 2022-03-22 Edoardo Fadda , Junda He , Claudio Tessone , Paolo Barucca

Blockchain technology enables stakeholders to conduct trusted data sharing and exchange without a trusted centralized institution. These features make blockchain applications attractive to enhance trustworthiness in very different contexts.…

分布式、并行与集群计算 · 计算机科学 2022-07-18 Xiaohui Zhang , Mingying Xue , Xianghua Miao
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