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Proof-of-Work (PoW) consensus is traditionally analyzed under the assumption that all miners incur similar costs per unit of computational effort. In reality, costs vary due to factors such as regional electricity cost differences and…

计算机科学与博弈论 · 计算机科学 2025-05-29 Yogev Bar-On , Ilan Komargodski , Omri Weinstein

As a trusted middleware connecting the blockchain and the real world, the blockchain oracle can obtain trusted real-time price information for financial applications such as payment and settlement, and asset valuation on the blockchain.…

密码学与安全 · 计算机科学 2024-10-17 Youquan Xian , Xueying Zeng , Hao Wu , Danping Yang , Peng Wang , Peng Liu

Bitcoin is the world's first decentralized digital currency. Its main technical innovation is the use of a blockchain and hash-based proof of work to synchronize transactions and prevent double-spending the currency. While the qualitative…

密码学与安全 · 计算机科学 2014-02-12 Meni Rosenfeld

The mining process in blockchain requires solving a proof-of-work puzzle, which is resource expensive to implement in mobile devices due to the high computing power and energy needed. In this paper, we, for the first time, consider edge…

密码学与安全 · 计算机科学 2018-11-20 Zehui Xiong , Shaohan Feng , Wenbo Wang , Dusit Niyato , Ping Wang , Zhu Han

The cybersecurity of modern systems has dramatically increased attention from both industrial and academia perspectives. In the recent era, the popularity of the blockchain-based system has traditionally been emergent among various…

密码学与安全 · 计算机科学 2022-09-13 Abdul Khalique Shaikh A. K. Al-Alawi , L. R. , Al-Busaidi , R. , Shaikh

Blokchain is a promising technology to enable distributed and reliable data sharing at the network edge. The high security in blockchain is undoubtedly a critical factor for the network to handle important data item. On the other hand,…

分布式、并行与集群计算 · 计算机科学 2022-12-09 Yixin Li , Liang Liang , Yunjian Jia , Wanli Wen , Chaowei Tang , Zhengchuan Chen

Bitcoin uses blockchain technology to maintain transactions order and provides probabilistic guarantee to prevent double-spending, assuming that an attacker's computational power does not exceed %50 of the network power. In this paper, we…

密码学与安全 · 计算机科学 2024-11-19 Ghader Ebrahimpour , Mohammad Sayad Haghighi

This paper contextualises the common queries of "why is crypto crashing?" and "why is crypto down?", the research transcends beyond the frequent market fluctuations to unravel how cryptocurrencies fundamentally work and the step-by-step…

计算机与社会 · 计算机科学 2023-09-25 Petar Radanliev

While cryptocurrencies and blockchain applications continue to gain popularity, their energy cost is evidently becoming unsustainable. In most instances, the main cost comes from the required amount of energy for the Proof-of-Work, and this…

密码学与安全 · 计算机科学 2019-08-20 Philippe Jacquet , Bernard Mans

Smart contracts are stateful programs deployed on blockchains; they secure over a trillion dollars in transaction value per year. High-stakes smart contracts often rely on timely alerts about external events, but prior work has not analyzed…

密码学与安全 · 计算机科学 2026-04-14 Marwa Mouallem , Lorenz Breidenbach , Ittay Eyal , Ari Juels

Blockchains rely on a consensus among participants to achieve decentralization and security. However, reaching consensus in an online, digital world where identities are not tied to physical users is a challenging problem. Proof-of-work…

密码学与安全 · 计算机科学 2020-11-16 Hjalmar Turesson , Henry M. Kim , Marek Laskowski , Alexandra Roatis

The application of Bitcoin enables people to understand blockchain technology gradually. Bitcoin is a decentralized currency that does not rely on third-party credit institutions, and the core of Bitcoin's underlying technology is…

密码学与安全 · 计算机科学 2025-04-15 Yuhuan Yang , Shipeng Ye , Xiaoqi Li

Proof of work blockchain protocols using multiple hash types are considered. It is proven that the security region of such a protocol cannot be the AND of a 51\% attack on all the hash types. Nevertheless, a protocol called Merged Bitcoin…

密码学与安全 · 计算机科学 2026-01-15 Christopher Blake , Chen Feng , Xuachao Wang , Qianyu Yu

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

In recent years, hype surrounding the proliferation of blockchain-based technology has been significant. Apart from the creation of bitcoin and other cryptocurrencies, it has been difficult to determine what practical utility might lie in…

计算机与社会 · 计算机科学 2017-10-12 Morgan C. Benton , Nicole M. Radziwill

The objective of this paper is the construction of new indicators that can be useful to operate in the cryptocurrency market. These indicators are based on public data obtained from the blockchain network, specifically from the nodes that…

统计金融 · 定量金融 2024-03-05 Juan C. King , Roberto Dale , José M. Amigó

Blockchain is a novel technology that is rising a lot of interest in the industrial and re- search sectors because its properties of decentralisation, immutability and data integrity. Initially, the underlying consensus mechanism has been…

密码学与安全 · 计算机科学 2018-05-10 Stefano De Angelis

Blockchain offers an innovative approach to storing information, executing transactions, performing functions, and establishing trust in an open environment. Many consider blockchain as a technology breakthrough for cryptography and…

密码学与安全 · 计算机科学 2019-08-20 Rui Zhang , Rui Xue , Ling Liu

Proof-of-work blockchains reward each miner for one completed block by an amount that is, in expectation, proportional to the number of hashes the miner contributed to the mining of the block. Is this proportional allocation rule optimal?…

计算机科学与博弈论 · 计算机科学 2019-09-25 Xi Chen , Christos Papadimitriou , Tim Roughgarden

This master thesis deals with Blockchain Technology in mobile turn based peer to peer games. First, it investigates the capabilities of Blockchain Technology to be used for gaming applications. In this regard, among others,…

分布式、并行与集群计算 · 计算机科学 2023-04-18 Dominik Braun