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For the enactment of inter-organizational business processes, blockchain can guarantee the enforcement of process models and the integrity of execution traces. However, existing solutions come with downsides regarding throughput…

密码学与安全 · 计算机科学 2025-03-28 Fabian Stiehle , Ingo Weber

Bitcoin, Ethereum and other blockchain-based cryptocurrencies, as deployed today, cannot scale for wide-spread use. A leading approach for cryptocurrency scaling is a smart contract mechanism called a payment channel which enables two…

密码学与安全 · 计算机科学 2017-12-04 Andrew Miller , Iddo Bentov , Ranjit Kumaresan , Christopher Cordi , Patrick McCorry

We propose Parsec, a web-scale State channel for the Internet of Value to exterminate the consensus bottleneck in Blockchain by leveraging a network of state channels which enable to robustly transfer value off-chain. It acts as an…

密码学与安全 · 计算机科学 2018-08-07 Amit Kumar Jaiswal

The blockchain-based smart contract lacks privacy since the contract state and instruction code are exposed to the public. Combining smart-contract execution with Trusted Execution Environments (TEEs) provides an efficient solution, called…

密码学与安全 · 计算机科学 2022-04-21 Rujia Li , Qin Wang , Qi Wang , David Galindo , Mark Ryan

Blockchains such as Bitcoin and Ethereum execute payment transactions securely, but their performance is limited by the need for global consensus. Payment networks overcome this limitation through off-chain transactions. Instead of writing…

密码学与安全 · 计算机科学 2019-10-29 Joshua Lind , Oded Naor , Ittay Eyal , Florian Kelbert , Peter Pietzuch , Emin Gun Sirer

The growing scalability demand of public Blockchains led to the rise of Layer-2 solutions, such as Rollups. Rollups improve transaction throughput by processing operations off-chain and posting the results on-chain. A critical component in…

密码学与安全 · 计算机科学 2026-03-24 Giovanni Maria Cristiano , Salvatore D'Antonio , Jonah Giglio , Giovanni Mazzeo , Luigi Romano

Permissionless blockchains offer many advantages but also have significant limitations including high latency. This prevents their use in important scenarios such as retail payments, where merchants should approve payments fast. Prior works…

密码学与安全 · 计算机科学 2020-01-07 Vasilios Mavroudis , Karl Wüst , Aritra Dhar , Kari Kostiainen , Srdjan Capkun

Blockchain protocols are inherently limited in transaction throughput and latency. Recent efforts to address performance and scale blockchains have focused on off-chain payment channels. While such channels can achieve low latency and high…

密码学与安全 · 计算机科学 2017-03-09 Joshua Lind , Ittay Eyal , Peter Pietzuch , Emin Gün Sirer

Blockchain is an incrementally updated ledger maintained by distributed nodes rather than centralized organizations. The current blockchain technology faces scalability issues, which include two aspects: low transaction throughput and high…

密码学与安全 · 计算机科学 2020-11-02 Xiangyu Wang , Ting Yang , Yu Wang

Micropayment channels are the most prominent solution to the limitation on transaction throughput in current blockchain systems. However, in practice channels are risky because participants have to be online constantly to avoid fraud, and…

密码学与安全 · 计算机科学 2018-12-03 Georgia Avarikioti , Felix Laufenberg , Jakub Sliwinski , Yuyi Wang , Roger Wattenhofer

To improve transaction rates, many cryptocurrencies have implemented so-called ''Layer-2'' transaction protocols, where payments are routed across networks of private payment channels. However, for a given transaction, not every network…

数据结构与算法 · 计算机科学 2020-06-30 Ashish Goel , Geoffrey Ramseyer

Cryptocurrencies such as Bitcoin and Ethereum have made payment transactions possible without a trusted third party, but they have a scalability issue due to their consensus mechanisms. Payment networks have emerged to overcome this…

密码学与安全 · 计算机科学 2025-03-25 Junmo Lee , Seongjun Kim , Sanghyeon Park , Soo-Mook Moon

Most permissionless blockchain networks run on peer-to-peer (P2P) networks, which offer flexibility and decentralization at the expense of performance (e.g., network latency). Historically, this tradeoff has not been a bottleneck for most…

密码学与安全 · 计算机科学 2023-09-13 Weizhao Tang , Lucianna Kiffer , Giulia Fanti , Ari Juels

Payment channel networks (PCNs) have emerged as a scalability solution for blockchains built on the concept of a payment channel: a setting that allows two nodes to safely transact between themselves in high frequencies based on…

系统与控制 · 电气工程与系统科学 2021-04-01 Nikolaos Papadis , Leandros Tassiulas

Cryptocurrency networks such as Bitcoin have emerged as a distributed alternative to traditional centralized financial transaction networks. However, there are major challenges in scaling up the throughput of such networks. Lightning…

分布式、并行与集群计算 · 计算机科学 2021-06-25 Sushil Mahavir Varma , Siva Theja Maguluri

Permissioned blockchains promise secure decentralized data management in business-to-business use-cases. In contrast to Bitcoin and similar public blockchains which rely on Proof-of-Work for consensus and are deployed on thousands of…

分布式、并行与集群计算 · 计算机科学 2020-02-11 Lucas Kuhring , Zsolt István , Alessandro Sorniotti , Marko Vukolić

Distributed Ledger Technology (DLT) has an enormous potential but also downsides. One downside of many DLT systems, such as blockchain, is their limited transaction throughput that hinders their adoption in many use cases (e.g., real-time…

密码学与安全 · 计算机科学 2024-10-28 J. Kalbantner , K. Markantonakis , D. Hurley-Smith , C. Shepherd , B. Semal

This thesis proposes techniques aiming to make blockchain technologies and smart contract platforms practical by improving their scalability, latency, and privacy. This thesis starts by presenting the design and implementation of…

密码学与安全 · 计算机科学 2021-02-25 Alberto Sonnino

The Lightning Network, known for its millisecond settlement speeds and low transaction fees, offers a compelling alternative to traditional payment processors, which often have higher fees and longer processing times. This is particularly…

密码学与安全 · 计算机科学 2023-12-08 Jeffy Yu

Mission-critical applications often run "forever" and process large data volumes in real time while demanding low latency. To handle the large state of these applications, modern streaming engines rely on key-value stores and store state on…

数据库 · 计算机科学 2026-03-23 Eleni Zapridou , Anastasia Ailamaki
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