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A hard-fork reconfiguration of the peer to peer Bitcoin network is described that substitutes tamper-evident logs and proof-of-stake consensus for proof-of-work consensus. The block creation rewards and transaction fees are reallocated to…

计算机与社会 · 计算机科学 2014-05-23 Stephen L. Reed

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

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

Ethereum has undergone a recent change called \textit{the Merge}, which made Ethereum a Proof-of-Stake blockchain, shifting closer to BFT consensus. Ethereum, which wished to keep the best of the two protocol designs (BFT and…

密码学与安全 · 计算机科学 2023-09-15 Ulysse Pavloff , Yackolley Amoussou-Guenou , Sara Tucci-Piergiovanni

Proof-of-stake blockchain protocols have emerged as a compelling paradigm for organizing distributed ledger systems. In proof-of-stake (PoS), a subset of stakeholders participate in validating a growing ledger of transactions. For the…

计算机科学与博弈论 · 计算机科学 2024-07-12 Aggelos Kiayias , Elias Koutsoupias , Francisco Marmolejo-Cossio , Aikaterini-Panagiota Stouka

In the paper, we present designs for multiple blockchain consensus primitives and a novel blockchain system, all based on the use of trusted execution environments (TEEs), such as Intel SGX-enabled CPUs. First, we show how using TEEs for…

密码学与安全 · 计算机科学 2017-03-17 Mitar Milutinovic , Warren He , Howard Wu , Maxinder Kanwal

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

We give an interpretation of full classical linear logic, and linear proofs in terms of operations on the blockchain.

计算机科学中的逻辑 · 计算机科学 2015-06-03 Lucius Gregory Meredith

Consensus protocols are crucial for a blockchain system as they are what allow agreement between the system's nodes in a potentially adversarial environment. For this reason, it is paramount to ensure their correct design and implementation…

密码学与安全 · 计算机科学 2026-01-13 Elliot Jones , William Knottenbelt

A soft control of the network activity through varying reward in a proof-of-work (PoW) cryptocurrency is reported. Rewards are the necessity to incent the contributors activities (i.e., mining) in order to maintain the PoW network. Contrary…

计算机与社会 · 计算机科学 2014-09-30 Joe Lao

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

The protocol for cryptocurrencies can be divided into three parts, namely consensus, wallet, and networking overlay. The aim of the consensus part is to bring trustless rational peer-to-peer nodes to an agreement to the current status of…

密码学与安全 · 计算机科学 2020-06-23 Sangjun Park , Haeung Choi , Heung-No Lee

Bitcoin is the first fully-decentralized permissionless blockchain protocol to achieve a high level of security, but at the expense of poor throughput and latency. Scaling the performance of Bitcoin has a been a major recent direction of…

分布式、并行与集群计算 · 计算机科学 2023-02-20 Lei Yang , Xuechao Wang , Vivek Bagaria , Gerui Wang , Mohammad Alizadeh , David Tse , Giulia Fanti , Pramod Viswanath

There has been considerable advancement in the use of blockchain for trust management in large-scale dynamic systems. In such systems, blockchain is mainly used to store the trust score or trust-related information of interactions among the…

分布式、并行与集群计算 · 计算机科学 2022-06-14 Shantanu Pal , Ambrose Hill , Tahiry Rabehaja , Michael Hitchens

Many blockchain systems today, including Bitcoin, rely on Proof of Work (PoW). Proof of work is crucial to the liveness and security of cryptocurrencies. The assumption when using PoW is that a lot of trial and error is required on average…

密码学与安全 · 计算机科学 2021-11-09 Maya Dotan , Saar Tochner

In this work, we present our early stage results on a Conflicts Check Protocol (CCP) that enables preventing potential attacks on bitcoin system. Based on the observation and discovery of a common symptom that many attacks may generate, CCP…

密码学与安全 · 计算机科学 2018-02-28 Chen Yang , Haohong Wang

Proof-of-Work (PoW) systems face critical challenges, including excessive energy consumption and the centralization of mining power among entities with expensive hardware. Static mining pools exacerbate these issues by reducing competition…

密码学与安全 · 计算机科学 2025-04-25 Rizwanul Haque , SM Tareq Aziz , Tahrim Hossain , Faisal Haque Bappy , Muhammad Nur Yanhaona , Tariqul Islam

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

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