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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 plays a crucial role in ensuring the security and integrity of decentralized systems, with the proof-of-work (PoW) mechanism being fundamental for achieving distributed consensus. As PoW blockchains see broader adoption, an…

系统与控制 · 电气工程与系统科学 2026-01-07 Xunqiang Lan , Xiao Tang , Ruonan Zhang , Bin Li , Qinghe Du , Dusit Niyato , Zhu Han

This paper centers around a simple yet crucial question for everyday users: How should one choose their delegated validators within proof-of-stake (PoS) protocols, particularly in the context of Ethereum 2.0? This has been a long-overlooked…

密码学与安全 · 计算机科学 2023-10-16 Yuzhe Zhang , Qin Wang , Shiping Chen , Chen Wang

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

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

Proof of Work (PoW) blockchains burn a lot of energy. Proof-of-work algorithms are expensive by design and often only serve to compute blockchains. In some sense, carbon-based and non-carbon based regional electric power is fungible. So the…

密码学与安全 · 计算机科学 2024-04-09 Agron Gemajli , Shivam Patel , Phillip G. Bradford

While Proof-of-Work (PoW) is the most widely used consensus mechanism for blockchain, it received harsh criticism due to its massive waste of energy for meaningless hash calculation. Some studies have introduced Proof-of-Stake to address…

分布式、并行与集群计算 · 计算机科学 2020-04-02 Weilin Zheng , Xu Chen , Zibin Zheng , Xiapu Luo , Jiahui Cui

Blockchain technology promises to democratize finance and promote social equity through decentralization, but questions remain about whether current implementations advance or hinder these goals. Through a mixed-methods study combining…

人机交互 · 计算机科学 2025-05-13 Faisal Haque Bappy , EunJeong Cheon , Tariqul Islam

Distributed ledger technology has gained wide popularity and adoption since the emergence of bitcoin in 2008 which is based on proof of work (PoW). It is a distributed, transparent and immutable database of records of all the transactions…

分布式、并行与集群计算 · 计算机科学 2018-10-10 Abdul Wahab , Waqas Mehmood

Bitcoin stands as a groundbreaking development in decentralized exchange throughout human history, enabling transactions without the need for intermediaries. By leveraging cryptographic proof mechanisms, Bitcoin eliminates the reliance on…

密码学与安全 · 计算机科学 2024-04-09 Han Song , Yihao Wei , Zhongche Qu , Weihan Wang

We present the new mining protocol Proof-of-Reputation (PoR) for decentralized Proof-of-Work (PoW) blockchains, in particular for Bitcoin. PoR combines the classical PoW with the new ingredient of cryptographic reputation. The same level of…

密码学与安全 · 计算机科学 2023-02-15 Cyril Grunspan , Ricardo Perez-Marco

The distribution of consensus power is a cornerstone of decentralisation, influencing the security, resilience, and fairness of blockchain networks while ensuring equitable impact among participants. This study provides a rigorous…

密码学与安全 · 计算机科学 2025-06-18 Kamil Tylinski , Abylay Satybaldy , Paolo Tasca

Countries like Estonia, Norway or Australia developed electronic voting systems, which could be used to realize parliamentary elections with the help of personal computers and the Internet. These systems are completely different in their…

密码学与安全 · 计算机科学 2017-02-10 Christian Meter

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

Rapidly growing distributed ledger technologies (DLTs) have recently received attention among researchers in both industry and academia. While a lot of existing analysis (mainly) of the Bitcoin and Ethereum networks is available, the lack…

分布式、并行与集群计算 · 计算机科学 2022-07-05 Bartosz Kuśmierz , Roman Overko

The blockchain data structure maintained via the longest-chain rule---popularized by Bitcoin---is a powerful algorithmic tool for consensus algorithms. Such algorithms achieve consistency for blocks in the chain as a function of their depth…

密码学与安全 · 计算机科学 2019-11-25 Erica Blum , Aggelos Kiayias , Cristopher Moore , Saad Quader , Alexander Russell

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 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

Blockchain has become a popular decentralized paradigm for various applications in the zero-trust environment. The core of the blockchain is the consensus protocol, which establishes consensus among all the participants. PoW (Proof-of-Work)…

密码学与安全 · 计算机科学 2023-08-30 Peiran Wang

Decentralized Autonomous Organizations (DAOs) have emerged as a novel governance mechanism in blockchain ecosystems, particularly within Decentralized Finance (DeFi). By enabling token holders to propose and vote on protocol changes, these…

密码学与安全 · 计算机科学 2025-07-22 Johnnatan Messias , Vabuk Pahari , Balakrishnan Chandrasekaran , Krishna P. Gummadi , Patrick Loiseau