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Inspired by Bitcoin, many different kinds of cryptocurrencies based on blockchain technology have turned up on the market. Due to the special structure of the blockchain, it has been deemed impossible to directly trade between traditional…

密码学与安全 · 计算机科学 2020-05-08 Hangyu Tian , Kaiping Xue , Shaohua Li , Jie Xu , Jianqing Liu , Jun Zhao

Ethereum's scalability has been a major concern due to its limited transaction throughput and high fees. To address these limitations, Polygon has emerged as a sidechain solution that facilitates asset transfers between Ethereum and…

分布式、并行与集群计算 · 计算机科学 2025-04-23 Tao Yan , Chuanshan Huang , Claudio J. Tessone

Bitcoin and Ethereum transactions present one of the largest real-world complex networks that are publicly available for study, including a detailed picture of their time evolution. As such, they have received a considerable amount of…

物理与社会 · 物理学 2021-02-25 Dániel Kondor , Nikola Bulatovic , József Stéger , István Csabai , Gábor Vattay

Compact block, which replaces transactions in the block with their hashes, is an effective means to speed up block propagation in the Bitcoin network. The compact block mechanism in Bitcoin counts on the fact that many nodes may already…

网络与互联网体系结构 · 计算机科学 2022-12-29 Chonghe Zhao , Taotao Wang , Shengli Zhang , Soung Chang Liew

Cryptocoins (i.e., Bitcoin, Ether, Litecoin) are tradable digital assets. Ownerships of cryptocoins are registered on distributed ledgers (i.e., blockchains). Secure encryption techniques guarantee the security of the transactions…

计算工程、金融与科学 · 计算机科学 2024-09-06 Pasquale De Rosa , Pascal Felber , Valerio Schiavoni

Bitcoin is built on a blockchain, an immutable decentralised ledger that allows entities (users) to exchange Bitcoins in a pseudonymous manner. Bitcoins are associated with alpha-numeric addresses and are transferred via transactions. Each…

社会与信息网络 · 计算机科学 2021-05-20 Jan Alexander Fischer , Andres Palechor , Daniele Dell'Aglio , Abraham Bernstein , Claudio J. Tessone

Mining in proof-of-work blockchains has become an expensive affair requiring specialized hardware capable of executing several megahashes per second at huge electricity costs. Miners earn a reward each time they mine a block within the…

网络与互联网体系结构 · 计算机科学 2023-08-30 Arti Vedula , Abhishek Gupta , Shaileshh Bojja Venkatakrishnan

We develop a model of coordination and allocation of decentralized multi-sided markets, in which our theoretical analysis is promisingly optimizing the decentralized transaction packaging process at high-throughput blockchains or Web 3.0…

综合经济学 · 经济学 2023-01-27 Yuxuan Lu , Qian Qi , Xi Chen

The cross-blockchain transaction remains one of the most challenging problems in blockchains. The root cause of the challenge lies in the nondeterministic nature of blockchains: A $n$-party transaction across multiple blockchains might be…

密码学与安全 · 计算机科学 2020-04-17 Dongfang Zhao

Block production on the Ethereum blockchain has adopted an auction-based mechanism known as Proposer--Builder Separation (PBS), where validators outsource block creation to builders competing in MEV--Boost auctions for Maximal Extractable…

计算机科学与博弈论 · 计算机科学 2025-10-01 Fei Wu , Thomas Thiery , Stefanos Leonardos , Carmine Ventre

This paper studies a fundamental problem regarding the security of blockchain on how the existence of multiple misbehaving pools influences the profitability of selfish mining. Each selfish miner maintains a private chain and makes it…

密码学与安全 · 计算机科学 2018-11-21 Qianlan Bai , Xinyan Zhou , Xing Wang , Yuedong Xu , Xin Wang , Qingsheng Kong

The integration of bots in Distributed Ledger Technologies (DLTs) fosters efficiency and automation. However, their use is also associated with predatory trading and market manipulation, and can pose threats to system integrity. It is…

密码学与安全 · 计算机科学 2025-01-03 Thomas Niedermayer , Pietro Saggese , Bernhard Haslhofer

Bitcoin stands as a groundbreaking development in decentralized exchange throughout human history, enabling transactions without the need for intermediaries. By leveraging cryptographic proof mechanisms, Bitcoin eliminates the reliance on…

密码学与安全 · 计算机科学 2024-04-09 Han Song , Yihao Wei , Zhongche Qu , Weihan Wang

Blockchain technology has set off a wave of decentralization in the world since its birth. The trust system constructed by blockchain technology based on cryptography algorithm and computing power provides a practical and powerful solution…

计算工程、金融与科学 · 计算机科学 2025-05-08 Pengfei Gao , Dechao Kong , Xiaoqi Li

Traditional blockchain design gives miners or validators full control over transaction ordering, i.e., they can freely choose which transactions to include or exclude, as well as in which order. While not an issue initially, the emergence…

分布式、并行与集群计算 · 计算机科学 2023-12-19 Andrei Constantinescu , Diana Ghinea , Lioba Heimbach , Zilin Wang , Roger Wattenhofer

The Bitcoin cryptocurrency records its transactions in a public log called the blockchain. Its security rests critically on the distributed protocol that maintains the blockchain, run by participants called miners. Conventional wisdom…

密码学与安全 · 计算机科学 2013-11-18 Ittay Eyal , Emin Gun Sirer

Ethereum Inscriptions (Ethscriptions) repurpose Ethereum calldata into a persistent inscription channel by embedding \texttt{data:}~URI payloads. These transactions typically target externally owned accounts, allowing the payload to bypass…

计算工程、金融与科学 · 计算机科学 2026-03-20 Xihan Xiong , Minfeng Qi , Shiping Chen , Guangsheng Yu , Zhipeng Wang , Qin Wang

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

The Ethereum ecosystem was maintained by a distributed global network of computers that required massive amounts of computational power. Previous work on estimating the energy use and emissions of the Ethereum network has relied on top-down…

计算机与社会 · 计算机科学 2022-12-08 Kyle McDonald

With the rapid growth of blockchain, an increasing number of users have been attracted and many implementations have been refreshed in different fields. Especially in the cryptocurrency investment field, blockchain technology has shown…

密码学与安全 · 计算机科学 2021-04-20 Shanqing Yu , Jie Jin , Yunyi Xie , Jie Shen , Qi Xuan