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We investigate the market microstructure of Automated Market Makers (AMMs), the most prominent type of blockchain-based decentralized exchanges. We show that the order execution mechanism yields token value loss for liquidity providers if…

交易与市场微观结构 · 定量金融 2021-07-22 Agostino Capponi , Ruizhe Jia

In blockchain, bribery is an inevitable problem since users with various goals can bribe miners by transferring cryptoassets. To alleviate the negative effects of such collusion, Ethereum blockchain implemented new transaction fee mechanism…

密码学与安全 · 计算机科学 2022-06-07 Xiaotong Sun

Over the past decade, the Bitcoin P2P network protocol has become a reference model for all modern cryptocurrencies. While nodes in this network are known, the connections among them are kept hidden, as it is commonly believed that this…

密码学与安全 · 计算机科学 2021-07-28 Federico Franzoni , Xavier Salleras , Vanesa Daza

One decade ago, Bitcoin was introduced, becoming the first cryptocurrency and establishing the concept of "blockchain" as a distributed ledger. As of today, there are many different implementations of cryptocurrencies working over a…

神经与进化计算 · 计算机科学 2019-07-26 Alejandro Baldominos , Yago Saez

Blockchain technology and, in particular, blockchain-based transaction offers us information that has never been seen before in the financial world. In contrast to fiat currencies, transactions through virtual currencies like Bitcoin are…

密码学与安全 · 计算机科学 2021-04-21 Jinhuan Wang , Pengtao Chen , Shanqing Yu , Qi Xuan

Bitcoin and Ethereum are novel mechanisms for decentralizing the concept of money and computation. Extending decentralization to the human identity concept, we can think of using blockchain for creating a list of verified human identities…

密码学与安全 · 计算机科学 2018-06-21 MohammadJavad Hajialikhani , MohammadMahdi Jahanara

Permissioned Blockchain has become quite popular with enterprises forming consortium since it prioritizes trust over privacy. One of the popular platforms for distributed ledger solution, Hyperledger Fabric, requires a transaction to be…

密码学与安全 · 计算机科学 2019-06-06 Subhra Mazumdar , Sushmita Ruj

This comprehensive survey deliberated over the security of electronic payment systems. In our research, we focused on either dominant systems or new attempts and innovations to improve the level of security of the electronic payment…

密码学与安全 · 计算机科学 2017-01-18 Siamak Solat

Since 2004, different research was handling the challenges in the centralized voting systems, e-voting protocols and recently the decentralized voting. So electronic voting puts forward some difficulties regarding the voter anonymity, the…

计算机与社会 · 计算机科学 2018-03-01 Nazim Faour

Ethereum is an open-source, public, blockchain-based distributed computing platform and operating system featuring smart contract functionality. In this paper, we proposed an Ethereum based eletronic voting (e-voting) protocol, Ques-Chain,…

密码学与安全 · 计算机科学 2019-05-14 Qixuan Zhang , Bowen Xu , Haotian Jing , Zeyu Zheng

Smart contracts are self-executing programs on a blockchain to ensure immutable and transparent agreements without the involvement of intermediaries. Despite the growing popularity of smart contracts for many blockchain platforms like…

软件工程 · 计算机科学 2023-03-27 Taeyoung Kim , Yunhee Jang , Chanjong Lee , Hyungjoon Koo , Hyoungshick Kim

Blockchain technology has evolved as a promising means to transform data management models in many domains including healthcare, agricultural research, tourism domains etc. In the research community, a usable blockchain-based system can…

计算机与社会 · 计算机科学 2025-10-29 Ajay Kumar Shrestha , Julita Vassileva

Blockchain technology has the characteristics of decentralization, traceability and tamper proof, which creates a reliable decentralized transaction mode, further accelerating the development of the blockchain platforms. However, with the…

密码学与安全 · 计算机科学 2021-12-08 Jiajun Zhou , Chenkai Hu , Shenbo Gong , Jiaying Xu , Jie Shen , Qi Xuan

Monero is a privacy-centric cryptocurrency that makes payments untraceable by adding decoys to every real input spent in a transaction. Two studies from 2017 found methods to distinguish decoys from real inputs, which enabled traceability…

密码学与安全 · 计算机科学 2019-01-07 Abraham Hinteregger , Bernhard Haslhofer

The proliferation of blockchain-backed cryptocurrencies has sparked the need for cross-chain exchanges of diverse digital assets. Unfortunately, current exchanges suffer from high on-chain verification costs, weak threat models of central…

密码学与安全 · 计算机科学 2024-09-24 Xiaoqing Wen , Quanbi Feng , Jianyu Niu , Yinqian Zhang , Chen Feng

This paper proposes a novel recursive polynomial commitment scheme (PCS) and a new polynomial interactive oracle proof (PIOP) protocol, which compile into efficient and transparent zk-SNARKs (zero-knowledge succinct non-interactive…

密码学与安全 · 计算机科学 2023-12-25 Yunjia Quan

In this paper, we propose a trust-centric privacy-preserving blockchain for dynamic spectrum access in IoT networks. To be specific, we propose a trust evaluation mechanism to evaluate the trustworthiness of sensing nodes and design a…

密码学与安全 · 计算机科学 2021-06-29 Jingwei Ye , Xin Kang , Ying-Chang Liang , Sumei Sun

Large-scale rumor spreading could pose severe social and economic damages. The emergence of online social networks along with the new media can even make rumor spreading more severe. Effective control of rumor spreading is of theoretical…

社会与信息网络 · 计算机科学 2018-02-26 Yize Chen , Quanlai Li , Hao Wang

MEV attacks have been an omnipresent evil in the blockchain world, an implicit tax that uninformed users pay for using the service. The problem arises from the miners' ability to reorder and insert arbitrary transactions in the blocks they…

密码学与安全 · 计算机科学 2022-11-29 Dev Churiwala , Bhaskar Krishnamachari

As known, blockchains are traditionally blind to the real world. This implies the reliance on third parties called oracles when extrinsic data is needed for smart contracts. However, reintroducing trust and single point of failure, oracles…

综合经济学 · 经济学 2021-12-28 Giulio Caldarelli