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A *sore loser attack* in cross-blockchain commerce rises when one party decides to halt participation partway through, leaving other parties' assets locked up for a long duration. Although vulnerability to sore loser attacks cannot be…

密码学与安全 · 计算机科学 2021-05-31 Yingjie Xue , Maurice Herlihy

To implement a blockchain, we need a blockchain protocol for all the nodes to follow. To design a blockchain protocol, we need a block publisher selection mechanism and a chain selection rule. In Proof-of-Stake (PoS) based blockchain…

密码学与安全 · 计算机科学 2023-03-17 Shoeb Siddiqui , Varul Srivastava , Raj Maheshwari , Sujit Gujar

Mining is a central operation of all proof-of-work (PoW) based cryptocurrencies. The vast majority of miners today participate in "mining pools" instead of "solo mining" in order to lower risk and achieve a more steady income. However, this…

计算工程、金融与科学 · 计算机科学 2022-12-15 Panagiotis Chatzigiannis , Foteini Baldimtsi , Igor Griva , Jiasun Li

Following the publication of Bitcoin's arguably most famous attack, selfish mining, various works have introduced mechanisms to enhance blockchain systems' game theoretic resilience. Some reward mechanisms, like FruitChains, have been shown…

计算机科学与博弈论 · 计算机科学 2025-03-14 Lukas Aumayr , Zeta Avarikioti , Dimitris Karakostas , Karl Kreder , Shreekara Shastry

The proof-of-work consensus protocol suffers from two main limitations: waste of energy and offering only probabilistic guarantees about the status of the blockchain. This paper introduces SklCoin, a new Byzantine consensus protocol and its…

密码学与安全 · 计算机科学 2020-08-18 Zakwan Jaroucheh , Baraq Ghaleb , William J Buchanan

Blockchain technology and, more generally, distributed ledger technology (DLT) systems, face public scrutiny for their energy consumption levels. However, many point out that high energy consumption is a feature of (small block size)…

分布式、并行与集群计算 · 计算机科学 2023-02-08 Juan Ignacio Ibañez , Francisco Rua

Increasing popularity of trading digital assets can lead to significant delays in Blockchain networks when processing transactions. When transaction fees become miners' primary revenue, an imbalance in reward may lead to miners adopting…

密码学与安全 · 计算机科学 2023-04-03 Gerui Zhang , Xiongfei Zhao , Yain-Whar Si

Blockchain systems are designed to produce blocks at a constant average rate. The most popular systems currently employ a Proof of Work (PoW) algorithm as a means of creating these blocks. Bitcoin produces, on average, one block every 10…

密码学与安全 · 计算机科学 2019-08-15 George Bissias , Brian Neil Levine

Natural forking in blockchain refers to a phenomenon that there are a set of blocks at one block height at the same time, implying that various nodes have different perspectives of the main chain. Natural forking might give rise to multiple…

密码学与安全 · 计算机科学 2021-05-21 Hongwei Shi , Shengling Wang , Qin Hu , Xiuzhen Cheng

As the cornerstone of blockchain, block synchronization plays a vital role in maintaining the security. Without full blockchain synchronization, unexpected forks will emerge and thus providing a breeding ground for various malicious…

新兴技术 · 计算机科学 2022-06-14 Qin Hu , Minghui Xu , Shengling Wang , Shaoyong Guo

Bitcoin's single leader consensus protocol (Nakamoto consensus) suffers from significant transaction throughput and network scalability issues due to the computational requirements of it Proof-of-Work (PoW) based leader selection strategy.…

Proof-of-Work (PoW) is a fundamental underlying technology behind most major blockchain cryptocurrencies. It has been previously pointed out that quantum devices provide a computational advantage in performing PoW in the context of Bitcoin.…

量子物理 · 物理学 2021-05-06 Dan A. Bard , Joseph J. Kearney , Carlos A. Perez-Delgado

Single Secret Leader Elections have recently been proposed as an improved leader election mechanism for proof-of-stake (PoS) blockchains. However, the security gain they provide has not been quantified. In this work, we present a comparison…

密码学与安全 · 计算机科学 2021-09-16 Sarah Azouvi , Daniele Cappelletti

Blockchains implement decentralized monetary systems and applications. Recent advancements enable what we call tethering a blockchain to a primary blockchain, securing the tethered chain by nodes that post primary-chain tokens as…

分布式、并行与集群计算 · 计算机科学 2025-04-25 Yogev Bar-On , Roi Bar-Zur , Omer Ben-Porat , Nimrod Cohen , Ittay Eyal , Matan Sitbon

The comparative analysis examined eleven Proof-of-Stake (PoS) consensus-based blockchain networks to assess their openness based on five indicative metrics. These metrics include those of decentralization-related aspects, such as the number…

密码学与安全 · 计算机科学 2023-05-23 Jiseong Noh , Donghwan Kwon , Soohwan Cho , Neo C. K. Yiu

In the context of the `selfish-mine' strategy proposed by Eyal and Sirer, we study the effect of propagation delay on the evolution of the Bitcoin blockchain. First, we use a simplified Markov model that tracks the contrasting states of…

密码学与安全 · 计算机科学 2015-05-22 Johannes Göbel , Paul Keeler , Anthony E. Krzesinski , Peter G. Taylor

Most popular blockchain solutions, like Bitcoin, rely on proof-of-work, guaranteeing that the output of the consensus is agreed upon with high probability. However, this probability depends on the delivery of messages and that the…

分布式、并行与集群计算 · 计算机科学 2016-05-19 Christopher Natoli , Vincent Gramoli

Proof of work cryptocurrencies began with the promise of a more egalitarian future with a decentralized monetary system with no powerful entities in charge. While this vision is far from realized, these cryptocurrencies are still touted to…

密码学与安全 · 计算机科学 2022-03-31 Sishan Long , Soumya Basu , Emin Gün Sirer

Most cryptocurrencies rely on Proof-of-Work (PoW) "mining" for resistance to Sybil and double-spending attacks, as well as a mechanism for currency issuance. Hashcash PoW has successfully secured the Bitcoin network since its inception,…

密码学与安全 · 计算机科学 2020-02-04 Michael Dubrovsky , Marshall Ball , Bogdan Penkovsky

Airdrop is a crucial concept in tokenomics. Startups of decentralized applications (DApps) reward early supporters by airdropping newly issued tokens up to a certain amount as a free giveaway. This naturally induces greedy hackers, called…

密码学与安全 · 计算机科学 2022-09-13 Zheng Liu , Hongyang Zhu