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Parallel Proof-of-Work (PoW) protocols have been suggested in the literature to improve the safety guarantees, transaction throughput and confirmation latencies of Nakamoto consensus. In this work, we first consider the existing parallel…

密码学与安全 · 计算机科学 2026-01-09 Mustafa Doger , Sennur Ulukus

Does the proof-of-work protocol serve its intended purpose of supporting decentralized cryptocurrency mining? To address this question, we develop a game-theoretical model where miners first invest in hardware to improve the efficiency of…

交易与市场微观结构 · 定量金融 2021-06-21 Agostino Capponi , Sveinn Olafsson , Humoud Alsabah

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

Open-access blockchains based on proof-of-work protocols have gained tremendous popularity for their capabilities of providing decentralized tamper-proof ledgers and platforms for data-driven autonomous organization. Nevertheless, the…

密码学与安全 · 计算机科学 2019-05-14 Shaohan Feng , Wenbo Wang , Zehui Xiong , Dusit Niyato , Ping Wang , Shaun Shuxun Wang

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

Recently we could see several institutions coming together to create consortium based blockchain networks such as Hyperledger. Although for applications of blockchain such as Bitcoin, Litcoin, etc. the majority-attack might not be a great…

密码学与安全 · 计算机科学 2018-06-15 Somdip Dey

Currently, there is no universal method to track who shared what, with whom, when and for what purposes in a verifiable way to create an individual incentive for data owners. A platform that allows data owners to control, delete, and get…

密码学与安全 · 计算机科学 2025-10-29 Ajay Kumar Shrestha , Julita Vassileva

Bitcoin-NG is an extensible blockchain protocol based on the same trust model as Bitcoin. It divides each epoch into one Key-Block and multiple Micro-Blocks, effectively improving transaction processing capacity. Bitcoin-NG adopts a special…

密码学与安全 · 计算机科学 2023-06-07 Junjie Hu , Zhe Jiang , Chunxiang Xu

We study an adversary who attacks a Proof-of-Work (POW) blockchain by selfishly constructing an alternative longest chain. We characterize optimal strategies employed by the adversary when a difficulty adjustment rule al\`a Bitcoin applies.…

密码学与安全 · 计算机科学 2023-08-30 Tzuo Hann Law , Selman Erol , Lewis Tseng

A promising way to overcome the scalability limitations of the current blockchain is to use sharding, which is to split the transaction processing among multiple, smaller groups of nodes. A well-performed blockchain sharding system requires…

分布式、并行与集群计算 · 计算机科学 2025-07-31 Mingzhe Li , You Lin , Wei Wang , Jin Zhang

Due to its security, transparency, and flexibility in verifying virtual assets, blockchain has been identified as one of the key technologies for Metaverse. Unfortunately, blockchain-based Metaverse faces serious challenges such as massive…

密码学与安全 · 计算机科学 2023-05-02 Cong T. Nguyen , Dinh Thai Hoang , Diep N. Nguyen , Yong Xiao , Dusit Niyato , Eryk Dutkiewicz

Blockchain systems, such as Ethereum, use an approach called "metering" to assign a cost to smart contract execution, an approach which is designed to incentivise miners to operate the network and protect it against DoS attacks. In the…

密码学与安全 · 计算机科学 2020-03-11 Daniel Perez , Benjamin Livshits

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

Consensus algorithms facilitate agreement on and resolution of blockchain functions, such as smart contracts and transactions. Ethereum uses a Proof-of-Stake (PoS) consensus mechanism, which depends on financial incentives to ensure that…

计算机科学与博弈论 · 计算机科学 2023-08-02 Alpesh Bhudia , Anna Cartwright , Edward Cartwright , Darren Hurley-Smith , Julio Hernandez-Castro

Blockchain technology transformed the digital sphere by providing a transparent, secure, and decentralized platform for data security across a range of industries, including cryptocurrencies and supply chain management. Blockchain's…

密码学与安全 · 计算机科学 2023-06-22 Bilash Saha , Md Mehedi Hasan , Nafisa Anjum , Sharaban Tahora , Aiasha Siddika , Hossain Shahriar

With the promise of greater decentralization and sustainability, Ethereum transitioned from a Proof-of-Work (PoW) to a Proof-of-Stake (PoS) consensus mechanism. The new consensus protocol introduces novel vulnerabilities that warrant…

网络与互联网体系结构 · 计算机科学 2026-04-08 Constantine Doumanidis , Maria Apostolaki

Security analysis of blockchain technology is an active domain of research. There has been both cryptographic and game-theoretic security analysis of Proof-of-Work (PoW) blockchains. Prominent work includes the cryptographic security…

密码学与安全 · 计算机科学 2024-09-01 Varul Srivastava , Sujit Gujar

The energy sustainability of blockchains, whose consensus protocol rests on the Proof-of-Work, nourishes a heated debate. The underlying issue lies in a highly energy-consuming process, defined as mining, required to validate crypto-asset…

GHOST, like the longest-chain protocol, is a chain selection protocol and its capability in resisting selfish mining attack has been validated in imperfect blockchains of Bitcoin and its variants (Bitcoin-like). This paper explores an…

密码学与安全 · 计算机科学 2023-02-02 Haoran Zhu , Xiaolin Chang , Jelena Mišić , Vojislav B. Mišić , Lei Han , Zhi Chen

Sharing a secret efficiently amongst a group of participants is not easy since there is always an adversary / eavesdropper trying to retrieve the secret. In secret sharing schemes, every participant is given a unique share. When the desired…

密码学与安全 · 计算机科学 2022-11-04 James Smith