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Maximal Extractable Value (MEV) drives the prosperity of the blockchain ecosystem. By strategically including, excluding, or reordering transactions within blocks, block producers can extract additional value, which in turn incentivizes…

密码学与安全 · 计算机科学 2024-10-11 Tianyang Chi , Ningyu He , Xiaohui Hu , Haoyu Wang

We propose the formal study of governed blockchains that are owned and controlled by organizations and that neither create cryptocurrencies nor provide any incentives to solvers of cryptographic puzzles. We view such approaches as…

密码学与安全 · 计算机科学 2017-05-17 Leif-Nissen Lundbaek , Andrea Callia D'Iddio , Michael Huth

Maximal Extractable Value (MEV) has emerged as a new frontier in the design of blockchain systems. In this paper, we propose making the MEV extraction rate as part of the protocol design space. Our aim is to leverage this parameter to…

计算机科学与博弈论 · 计算机科学 2024-10-02 Pedro Braga , Georgios Chionas , Piotr Krysta , Stefanos Leonardos , Georgios Piliouras , Carmine Ventre

Many control problems in environments that can be modeled as Markov decision processes (MDPs) concern infinite-time horizon specifications. The classical aim in this context is to compute a control policy that maximizes the probability of…

系统与控制 · 计算机科学 2017-05-03 Ruediger Ehlers , Salar Moarref , Ufuk Topcu

Risk-averse total-reward Markov Decision Processes (MDPs) offer a promising framework for modeling and solving undiscounted infinite-horizon objectives. Existing model-based algorithms for risk measures like the entropic risk measure (ERM)…

机器学习 · 计算机科学 2025-10-27 Xihong Su , Jia Lin Hau , Gersi Doko , Kishan Panaganti , Marek Petrik

Residential microgrids (MGs) may host a large number of Distributed Energy Resources (DERs). The strategy that maximizes the revenue for each individual DER is the one in which the DER operates at capacity, injecting all available power…

多智能体系统 · 计算机科学 2017-05-17 Pietro Danzi , Marko Angjelichinoski , Čedomir Stefanović , Petar Popovski

A problem of developing the consensus protocols in public blockchain systems which spend a combination of energy and space resources is addressed. A technique is proposed that provides a flexibility for selection of the energy and space…

密码学与安全 · 计算机科学 2019-11-19 Miodrag J. Mihaljevic

This paper investigates the limit behavior of Markov Decision Processes (MDPs) made of independent particles evolving in a common environment, when the number of particles goes to infinity. In the finite horizon case or with a discounted…

概率论 · 数学 2009-06-10 Nicolas Gast , Bruno Gaujal

We present a new geometric interpretation of Markov Decision Processes (MDPs) with a natural normalization procedure that allows us to adjust the value function at each state without altering the advantage of any action with respect to any…

机器学习 · 计算机科学 2025-03-06 Arsenii Mustafin , Aleksei Pakharev , Alex Olshevsky , Ioannis Ch. Paschalidis

An open distributed system can be secured by requiring participants to present proof of work and rewarding them for participation. The Bitcoin digital currency introduced this mechanism, which is adopted by almost all contemporary digital…

密码学与安全 · 计算机科学 2014-12-01 Ittay Eyal

We study differentially private (DP) algorithms for stochastic convex optimization (SCO). In this problem the goal is to approximately minimize the population loss given i.i.d. samples from a distribution over convex and Lipschitz loss…

机器学习 · 计算机科学 2019-08-28 Raef Bassily , Vitaly Feldman , Kunal Talwar , Abhradeep Thakurta

Miners in a blockchain system are suffering from ever-increasing storage costs, which in general have not been properly compensated by the users' transaction fees. This reduces the incentives for the miners' participation and may jeopardize…

计算机科学与博弈论 · 计算机科学 2021-08-24 Yunshu Liu , Zhixuan Fang , Man Hon Cheung , Wei Cai , Jianwei Huang

In this paper, a novel framework that uses wireless mobile miners (MMs) for computation purposes in a blockchain system is proposed. In the introduced system, the blockchain ledger is located at the communication nodes (CNs), and the MMs…

信息论 · 计算机科学 2019-06-18 Gilsoo Lee , Jihong Park , Walid Saad , Mehdi Bennis

We consider the problem of learning in adversarial Markov decision processes [MDPs] with an oblivious adversary in a full-information setting. The agent interacts with an environment during $T$ episodes, each of which consists of $H$…

机器学习 · 计算机科学 2025-03-06 Daniil Tiapkin , Evgenii Chzhen , Gilles Stoltz

Threshold cryptography is essential for many blockchain protocols. For example, many protocols rely on threshold common coin to implement asynchronous consensus, leader elections, and provide support for randomized applications. Similarly,…

密码学与安全 · 计算机科学 2025-05-26 Zhuolun Xiang , Sourav Das , Zekun Li , Zhoujun Ma , Alexander Spiegelman

We study Markov decision processes (MDPs) with multiple limit-average (or mean-payoff) functions. We consider two different objectives, namely, expectation and satisfaction objectives. Given an MDP with k limit-average functions, in the…

计算机科学与博弈论 · 计算机科学 2015-07-01 Tomáš Brázdil , Václav Brožek , Krishnendu Chatterjee , Vojtěch Forejt , Antonín Kučera

We consider Markov Decision Processes (MDPs) where the rewards are unknown and may change in an adversarial manner. We provide an algorithm that achieves state-of-the-art regret bound of $O( \sqrt{\tau (\ln|S|+\ln|A|)T}\ln(T))$, where $S$…

机器学习 · 计算机科学 2019-05-28 Adrian Rivera Cardoso , He Wang , Huan Xu

Mining attacks allow adversaries to obtain a disproportionate share of the mining reward by deviating from the honest mining strategy in the Bitcoin system. Among them, the most well-known are selfish mining (SM), block withholding (BWH),…

计算机科学与博弈论 · 计算机科学 2023-05-15 Junjie Hu , Chunxiang Xu , Zhe Jiang , Jiwu Cao

Bitcoin is a representative decentralized currency system. For the security of Bitcoin, fairness in the distribution of mining rewards plays a crucial role in preventing the concentration of computational power in a few miners. Here,…

密码学与安全 · 计算机科学 2025-06-17 Akira Sakurai , Kazuyuki Shudo

Markov decision process (MDP) is a decision making framework where a decision maker is interested in maximizing the expected discounted value of a stream of rewards received at future stages at various states which are visited according to…

最优化与控制 · 数学 2022-12-19 Hoang Nam Nguyen , Abdel Lisser , Vikas Vikram Singh