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We present parallel proof-of-work with DAG-style voting, a novel proof-of-work cryptocurrency protocol that, compared to Bitcoin, provides better consistency guarantees, higher transaction throughput, lower transaction confirmation latency,…

密码学与安全 · 计算机科学 2023-12-07 Patrik Keller

Blockchain technology has become a trusted method for establishing secure and transparent transactions through a distributed, encrypted network. The operation of blockchain is governed by consensus algorithms, among which Proof of Stake…

密码学与安全 · 计算机科学 2024-06-03 Bruno Ramos-Cruz , Javier Andreu-Pérez , Francisco J. Quesada , Luis Martínez

Current blockchain consensus protocols -- notably, Proof of Work (PoW) and Proof of Stake (PoS) -- deliver global agreement but exhibit structural constraints. PoW anchors security in heavy computation, inflating energy use and imposing…

密码学与安全 · 计算机科学 2025-12-11 Kyle Habib , Vladislav Kapitsyn , Giovanni Mazzeo , Faisal Mehrban

This paper is a Systematization of Knowledge (SoK) on Directed Acyclic Graph (DAG)-based consensus protocols, analyzing their performance and trade-offs within the framework of consistency, availability, and partition tolerance inspired by…

分布式、并行与集群计算 · 计算机科学 2025-04-23 Mayank Raikwar , Nikita Polyanskii , Sebastian Müller

Our work focuses on the design of a scalable permissionless blockchain in the proof-of-stake setting. In particular, we use a distributed hash table as a building block to set up randomized shards, and then leverage the sharded architecture…

分布式、并行与集群计算 · 计算机科学 2019-07-12 Antoine Durand , Emmanuelle Anceaume , Romaric Ludinard

Direct Acyclic Graph (DAG)-based ledger and the corresponding consensus algorithm has been identified as a promising technology for Internet of Things (IoT). Compared with Proof-of-Work (PoW) and Proof-of-Stake (PoS) that have been widely…

分布式、并行与集群计算 · 计算机科学 2020-05-19 Yixin Li , Bin Cao , Mugen Peng , Long Zhang , Lei Zhang , Daquan Feng , Jihong Yu

Blockchains use consensus protocols to reach agreement, e.g., on the ordering of transactions. DAG-based consensus protocols are increasingly adopted by blockchain companies to reduce energy consumption and enhance security. These protocols…

计算机科学中的逻辑 · 计算机科学 2025-03-19 Nathalie Bertrand , Pranav Ghorpade , Sasha Rubin , Bernhard Scholz , Pavle Subotic

We present Large-scale Known-committee Stake-based Agreement (LaKSA), a chain-based Proof-of-Stake protocol that is dedicated, but not limited, to cryptocurrencies. LaKSA minimizes interactions between nodes through lightweight committee…

密码学与安全 · 计算机科学 2021-01-05 Daniel Reijsbergen , Pawel Szalachowski , Junming Ke , Zengpeng Li , Jianying Zhou

Given that Proof-of-Work (PoW) and Proof-of-Stake (PoS) are plutocratic, and other common consensus protocols are mostly permission-based, we look for a consensus protocol that will suit the needs of e-Democracy. In particular, what we need…

社会与信息网络 · 计算机科学 2020-08-03 Ouri Poupko , Nimrod Talmon

The blockchain brought interesting properties for many practical applications. However, some properties, such as the transaction processing throughput remained limited, especially in Proof-of-Work blockchains. Therefore, several promising…

密码学与安全 · 计算机科学 2023-11-09 Martin Perešíni , Tomáš Hladký , Kamil Malinka , Ivan Homoliak

Proof-of-Stake (PoS) blockchain systems, especially those that allow stakeholders to organize themselves in ``stake-pools'', have emerged as a compelling paradigm for the deployment of large scale distributed ledgers. A stake-pool operates…

计算机科学与博弈论 · 计算机科学 2021-11-17 Aggelos Kiayias , Elias Koutsoupias , Aikaterini-Panagiota Stouka

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

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

Blockchain plays an important role in cryptocurrency markets and technology services. However, limitations on high latency and low scalability retard their adoptions and applications in classic designs. Reconstructed blockchain systems have…

密码学与安全 · 计算机科学 2022-11-01 Qin Wang , Jiangshan Yu , Shiping Chen , Yang Xiang

We introduce a structure for the directed acyclic graph (DAG) and a mechanism design based on that structure so that peers can reach consensus at large scale based on proof of work (PoW). We also design a mempool transaction assignment…

分布式、并行与集群计算 · 计算机科学 2019-01-10 Jiahao He , Guangju Wang , Guangyuan Zhang , Jiheng Zhang

The Proof of Efficient Liquidity (PoEL) protocol, designed for specialised Proof of Stake (PoS) consensus-based blockchains that incorporate intrinsic DeFi applications, aims to support sustainable liquidity bootstrapping and network…

综合金融 · 定量金融 2024-02-19 Arman Abgaryan , Utkarsh Sharma , Joshua Tobkin

Current blockchain protocols (e.g., Proof-of-Work and Proof-of-Stake) secure the ledger yet cannot measure validator trustworthiness, allowing subtle misconduct that is especially damaging in decentralized-finance (DeFi) settings. We…

分布式、并行与集群计算 · 计算机科学 2025-06-30 Ailiya Borjigin , Wei Zhou , Cong He

Today's practical partially synchronous Byzantine Fault Tolerant (BFT) consensus protocols trade off low latency and high throughput. On the one end, traditional BFT protocols such as PBFT and its derivatives optimize for latency. They…

分布式、并行与集群计算 · 计算机科学 2025-03-06 Balaji Arun , Zekun Li , Florian Suri-Payer , Sourav Das , Alexander Spiegelman

We introduce Unity, a new consensus algorithm for public blockchain settings. Unity is an eventual consistency protocol merging the Proof-of-Work (PoW) and Proof-of-Stake (PoS) into a coherent stochastic process. It encompasses hardware and…

密码学与安全 · 计算机科学 2019-06-10 Yulong Wu , Yunfei Zha , Yao Sun

Proof-of-Stake (PoS) is a prominent Sybil control mechanism for blockchain-based systems. In "e-PoS: Making PoS Decentralized and Fair," Saad et al. (TPDS'21) introduced a new Proof-of-Stake protocol, e-PoS, to enhance PoS applications'…

密码学与安全 · 计算机科学 2025-04-25 Suhyeon Lee , Seungjoo Kim