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Blockchain introduces decentralized trust in peer-to-peer networks, advancing security and democratizing systems. Yet, a unified definition for decentralization remains elusive. Our Systematization of Knowledge (SoK) seeks to bridge this…

综合经济学 · 经济学 2023-08-21 Luyao Zhang , Xinshi Ma , Yulin Liu

Blockchain technology relies on decentralization to resist faults and attacks while operating without trusted intermediaries. Although industry experts have touted decentralization as central to their promise and disruptive potential, it is…

密码学与安全 · 计算机科学 2025-06-04 Harang Ju , Ehsan Valavi , Madhav Kumar , Sinan Aral

More than ten years ago the blockchain was acclaimed as the solution to overcome centralised trusted third parties for online payments. Through the years the crypto-movement changed and evolved, although decentralisation remained the core…

Decentralization has been touted as the principal security advantage which propelled blockchain systems at the forefront of developments in the financial technology space. Its exact semantics nevertheless remain highly contested and…

密码学与安全 · 计算机科学 2024-04-16 Christina Ovezik , Dimitris Karakostas , Aggelos Kiayias

Blockchain systems run consensus rules as code to agree on the state of the distributed ledger and secure the network. Changing these rules can be risky and challenging. In addition, it can often be controversial and take much effort to…

分布式、并行与集群计算 · 计算机科学 2024-02-15 Jakob Svennevik Notland , Mariusz Nowostawski , Jingyue Li

Since its advent in 2009, Bitcoin, a cryptography-enabled peer-to-peer digital payment system, has been gaining increasing attention from both academia and industry. An effort designed to overcome a cluster of bottlenecks inherent in…

密码学与安全 · 计算机科学 2021-05-18 Ling Cheng , Feida Zhu , Huiwen Liu , Chunyan Miao

In the context of blockchain systems, the importance of decentralization is undermined by the lack of a widely accepted methodology to measure it. To address this gap, we set out a systematization effort targeting the decentralization…

密码学与安全 · 计算机科学 2025-02-07 Christina Ovezik , Dimitris Karakostas , Mary Milad , Aggelos Kiayias , Daniel W. Woods

Novel blockchain technology provides the infrastructure layer for the creation of decentralized appli-cations. A rapidly growing ecosystem of applications is built around financial services, commonly referred to as decentralized finance.…

综合金融 · 定量金融 2021-02-25 Johannes Rude Jensen , Victor von Wachter , Omri Ross

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

Blockchains revolutionized centralized sectors like banking and finance by promoting decentralization and transparency. In a blockchain, information is transmitted through transactions issued by participants or applications. Miners…

密码学与安全 · 计算机科学 2024-05-30 Johnnatan Messias Peixoto Afonso

Decentralization is widely recognized as a crucial characteristic of blockchains that enables them to resist malicious attacks such as the 51% attack and the takeover attack. Prior research has primarily examined decentralization in…

密码学与安全 · 计算机科学 2023-06-12 Chao Li , Balaji Palanisamy , Runhua Xu , Li Duan

Decentralization has been widely acknowledged as a core virtue of blockchains. However, in the past, there have been few measurement studies on measuring and comparing the actual level of decentralization between existing blockchains using…

密码学与安全 · 计算机科学 2021-02-03 Qinwei Lin , Chao Li , Xifeng Zhao , Xianhai Chen

Research in the field of blockchain technology and applications is increasing at a fast pace. Although the Bitcoin whitepaper by Nakamoto is already ten years old, the field can still be seen as immature and at an early stage. Current…

分布式、并行与集群计算 · 计算机科学 2019-07-23 Christopher Ehmke , Florian Blum , Volker Gruhn

Decentralization, which has backed the hyper growth of many blockchains, comes at the cost of scalability. To understand this fundamental limitation, this paper proposes a quantitative measure of blockchain decentralization, and discusses…

密码学与安全 · 计算机科学 2018-10-09 Shumo Chu , Sophia Wang

Decentralization is a pervasive concept found across disciplines, including Economics, Political Science, and Computer Science, where it is used in distinct yet interrelated ways. Here, we develop and publicly release a general pipeline to…

物理与社会 · 物理学 2023-10-09 Gabriele Di Bona , Alberto Bracci , Nicola Perra , Vito Latora , Andrea Baronchelli

For more than a century, the grid has operated in a centralized top-down fashion. However, as distributed energy resources (DERs) penetration grows, the grid edge is increasingly infused with intelligent computing and communication…

系统与控制 · 电气工程与系统科学 2024-08-30 Sakshi Mishra , Roohallah Khatami , Yu Christine Chen

Bitcoin's global success has led to the rise of blockchain, but many systems labeled as "blockchain" deviate from its core principles, adding complexity to the ecosystem. This survey addresses the need for a comprehensive review and…

密码学与安全 · 计算机科学 2024-09-30 Badr Bellaj , Aafaf Ouaddah , Noel Crespi , Abdelatif Mezrioui , Emmanuel Bertin

Blockchain, also coined as decentralized AI, has the potential to empower AI to be more trustworthy by creating a decentralized trust of privacy, security, and audibility. However, systematic studies on the design principle of blockchain as…

密码学与安全 · 计算机科学 2023-01-18 Luyao Sunshine Zhang

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

Blockchain-based cryptocurrencies have demonstrated how to securely implement traditionally centralized systems, such as currencies, in a decentralized fashion. However, there have been few measurement studies on the level of…

密码学与安全 · 计算机科学 2018-03-30 Adem Efe Gencer , Soumya Basu , Ittay Eyal , Robbert van Renesse , Emin Gün Sirer
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