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Blockchain has emerged as a promising technology that can guarantee data consistency and integrity among distributed participants. It has been used in many applications of the Internet of Things (IoT). However, since IoT applications often…

网络与互联网体系结构 · 计算机科学 2021-03-04 Hongxin Wei , Wei Feng , Chi Zhang , Yunfei Chen , Yuguang Fang , Ning Ge

Blockchain stores information into a chain of "blocks", whose integrity is usually guaranteed by Proof of Work (PoW). In many blockchain applications (including cryptocurrencies), users compete with each other to win the ownership of the…

密码学与安全 · 计算机科学 2018-10-09 Wei Li

Blockchain technology is ushering in another break-out year, the challenge of blockchain still remains to be solved. This paper analyzes the features of Bitcoin and Bitcoin-NG system based on blockchain, proposes an improved method of…

密码学与安全 · 计算机科学 2018-11-01 Jia Kan , Shangzhe Chen , Xin Huang

Blockchain is a technology that provides a distributed ledger that stores previous records while maintaining consistency and security. Bitcoin is the first and largest decentralized electronic cryptographic system that uses blockchain…

密码学与安全 · 计算机科学 2021-11-05 Befekadu G. Gebraselase , Bjarne E. Helvik , Yuming Jiang

Traditional centralized energy systems have the disadvantages of difficult management and insufficient incentives. Blockchain is an emerging technology, which can be utilized in energy systems to enhance their management and control.…

综合金融 · 定量金融 2018-08-06 Jun Zhang , Fei-Yue Wang , Siyuan Chen

Cooperation is fundamental for human prosperity. Blockchain, as a trust machine, is a cooperative institution in cyberspace that supports cooperation through distributed trust with consensus protocols. While studies in computer science…

综合经济学 · 经济学 2023-01-23 Luyao Zhang , Xinyu Tian

Blockchain is rapidly emerging as an important class of network application, with a unique set of trust, security and transparency properties. In a blockchain system, participants record and update the `server-side' state of an application…

网络与互联网体系结构 · 计算机科学 2022-05-24 Yifan Mao , Shaileshh Bojja Venkatakrishnan

Mining blocks on a blockchain equipped with a proof of work consensus protocol is well-known to be resource-consuming. A miner bears the operational cost, mainly electricity consumption and IT gear, of mining, and is compensated by a…

密码学与安全 · 计算机科学 2020-10-27 Hansjoerg Albrecher , Pierre-Olivier Goffard

We propose DIPS Difficulty-based Incentives for Problem Solving), a simple modification of the Bitcoin proof-of-work algorithm that rewards blockchain miners for solving optimization problems of scientific interest. The result is a…

分布式、并行与集群计算 · 计算机科学 2022-06-03 Pericles Philippopoulos , Alessandro Ricottone , Carlos G. Oliver

Proof-of-work computation used in cryptocurrencies has witnessed significant growth in the U.S. and many other regions around the world. One of the most significant bottlenecks for the scalable deployment of such computation is its energy…

系统与控制 · 电气工程与系统科学 2023-03-14 Ali Menati , Yuting Cai , Rayan El Helou , Chao Tian , Le Xie

Swarms of robots will revolutionize many industrial applications, from targeted material delivery to precision farming. However, several of the heterogeneous characteristics that make them ideal for certain future applications --- robot…

机器人学 · 计算机科学 2018-10-24 Eduardo Castelló Ferrer

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

Blockchain systems have been a part of mainstream academic research, and a hot topic at that. It has spread to almost every subfield in the computer science literature, as well as economics and finance. Especially in a world where digital…

分布式、并行与集群计算 · 计算机科学 2025-07-23 Serdar Metin

The resource-consuming mining of blocks on a blockchain equipped with a proof of work consensus protocol bears the risk of ruin, namely when the operational costs for the mining exceed the received rewards. In this paper we investigate to…

密码学与安全 · 计算机科学 2021-09-08 Hansjoerg Albrecher , Dina Finger , Pierre-Olivier Goffard

While blockchains initially gained popularity in the realm of cryptocurrencies, their widespread adoption is expanding beyond conventional applications, driven by the imperative need for enhanced data security. Despite providing a secure…

A blockchain faces two fundamental challenges. It must motivate users to maintain the system while preventing a minority of these users from colluding and gaining disproportionate control. Many popular public blockchains use monetary…

密码学与安全 · 计算机科学 2021-10-15 Shea Ketsdever , Michael J. Fischer

We argue that the current POW based consensus algorithm of the Bitcoin network suffers from a fundamental economic discrepancy between the real world transaction (txn) costs incurred by miners and the wealth that is being transacted. Put…

数值分析 · 数学 2024-04-24 Valdemar Melicher

In blockchain networks adopting the proof-of-work schemes, the monetary incentive is introduced by the Nakamoto consensus protocol to guide the behaviors of the full nodes (i.e., block miners) in the process of maintaining the consensus…

计算机科学与博弈论 · 计算机科学 2018-01-01 Xiaojun Liu , Wenbo Wang , Dusit Niyato , Narisa Zhao , Ping Wang

We study the strategic considerations of miners participating in the bitcoin's protocol. We formulate and study the stochastic game that underlies these strategic considerations. The miners collectively build a tree of blocks, and they are…

计算机科学与博弈论 · 计算机科学 2016-07-11 Aggelos Kiayias , Elias Koutsoupias , Maria Kyropoulou , Yiannis Tselekounis

With the development of mobile edge computing (MEC) and blockchain-based federated learning (BCFL), a number of studies suggest deploying BCFL on edge servers. In this case, resource-limited edge servers need to serve both mobile devices…

分布式、并行与集群计算 · 计算机科学 2022-06-07 Zhilin Wang , Qin Hu , Zehui Xiong