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The Decentralized-Consistent-Scale (DCS) Triangle defines three dimensions that illustrate the tradeoffs of the blockchain consensus mechanism. In this paper, we propose a new hybrid consensus protocol, called Deterministic Proof of Work…

密码学与安全 · 计算机科学 2018-11-15 Zhuan Cheng , Gang Wu , Hao Wu , Muxing Zhao , Liang Zhao , Qingfeng Cai

The Metaverse is rapidly evolving, bringing us closer to its imminent reality. However, the widespread adoption of this new automated technology poses significant research challenges in terms of authenticity, integrity, interoperability,…

密码学与安全 · 计算机科学 2023-07-21 Khadija Manzoor , Umara Noor , Zahid Rashid

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

PAI Coin's Proof-of-Work (PoW) consensus mechanism utilizes the double SHA-256 hashing protocol-- the same mechanism used by Bitcoin Core. This compatibility with classic Bitcoin-style mining provides low barrier to entry for PAI Coin…

分布式、并行与集群计算 · 计算机科学 2019-02-22 Mark Harvilla , Jincheng Du

Today's world is organized based on merit and value. A single global currency that's decentralized is needed for a global economy. Bitcoin is a partial solution to this need, however it suffers from scalability problems which prevent it…

分布式、并行与集群计算 · 计算机科学 2020-10-29 Iurii Shyshatsky , Vinod Manoharan , Taras Emelyanenko , Lucas Leger

Authorization is challenging in distributed systems that cannot rely on the identification of nodes. Proof-of-work offers an alternative gate-keeping mechanism, but its probabilistic nature is incompatible with conventional security…

密码学与安全 · 计算机科学 2022-09-20 Patrik Keller , Rainer Böhme

We propose a blockchain architecture in which mining requires a quantum computer. The consensus mechanism is based on proof of quantum work, a quantum-enhanced alternative to traditional proof of work that leverages quantum supremacy to…

An important feature of Proof-of-Work (PoW) blockchains is full dynamic availability, allowing miners to go online and offline while requiring only 50% of the online miners to be honest. Existing Proof-of-stake (PoS), Proof-of-Space and…

密码学与安全 · 计算机科学 2021-02-22 Soubhik Deb , Sreeram Kannan , David Tse

Distributed ledgers are common in the industry. Some of them can use blockchains as their underlying infrastructure. A blockchain requires participants to agree on its contents. This can be achieved via a consensus protocol, and several BFT…

性能 · 计算机科学 2024-11-13 J. D. Chan , Y. C. Tay , Brian R. Z. Yen

The Proof of Efficient Liquidity (PoEL) protocol, designed for specialised Proof of Stake (PoS) consensus-based blockchains that incorporate intrinsic DeFi applications, aims to support sustainable liquidity bootstrapping and network…

综合金融 · 定量金融 2024-02-19 Arman Abgaryan , Utkarsh Sharma , Joshua Tobkin

Byzantine Fault Tolerant (BFT) consensus exhibits higher throughput in comparison to Proof of Work (PoW) in blockchains. But BFT-based protocols suffer from scalability problems with respect to the number of replicas in the network. The…

分布式、并行与集群计算 · 计算机科学 2019-04-30 Mohammad M. Jalalzai , Costas Busch , Golden Richard

Blockchain sharding improves the scalability of blockchain systems by partitioning the whole blockchain state, nodes, and transaction workloads into different shards. However, existing blockchain sharding systems generally suffer from a…

密码学与安全 · 计算机科学 2025-12-23 You Lin , Mingzhe Li , Jin Zhang

Although proof of work (PoW) consensus dominates the current blockchain-based systems mostly, it has always been criticized for the uneconomic brute-force calculation. As alternatives, energy-conservation and energy-recycling mechanisms…

密码学与安全 · 计算机科学 2022-11-03 Shengling Wang , Lina Shi , Hongwei Shi , Yifang Zhang , Qin Hu , Xiuzhen Cheng

Federated learning (FL) enables multiple participants to collaboratively train machine learning models while ensuring their data remains private and secure. Blockchain technology further enhances FL by providing stronger security, a…

分布式、并行与集群计算 · 计算机科学 2025-03-18 Tianxing Fu , Jia Hu , Geyong Min , Zi Wang

Blockchain technologies originate from cryptocurrencies. Thus, most blockchain technologies assume an environment with a fast and stable network. However, in some blockchain-based systems, e.g., supply chain management (SCM) systems, some…

Consensus is unnecessary when the truth is available. In this paper, we present a new perspective of rebuilding the blockchain without consensus. When the consensus phase is eliminated from a blockchain, transactions could be canonized…

网络与互联网体系结构 · 计算机科学 2022-09-29 Qing Wang , Jian Zheng , Huawei Huang , Jianru Lin

Though voting-based consensus algorithms in Blockchain outperform proof-based ones in energy- and transaction-efficiency, they are prone to incur wrong elections and bribery elections. The former originates from the uncertainties of…

计算机科学与博弈论 · 计算机科学 2019-12-30 Shengling Wang , Xidi Qu , Qin Hu , Weifeng Lv

Since the creation of Bitcoin in 2009 we have seen a great push towards public and private blockchains. In order to avoid fragmentation, a global network connecting all these blockchains is envisioned. Just like the Internet facilitates…

分布式、并行与集群计算 · 计算机科学 2018-10-05 Dr. Julian Hosp , Toby Hoenisch , Paul Kittiwongsunthorn

Proof-of-Work (PoW) is a popular consensus protocol used by Bitcoin since its inception. PoW has the well-known flaw of assigning all the reward to the single miner (or pool) that inserts the new block. This has the consequence of making…

分布式、并行与集群计算 · 计算机科学 2022-07-13 Danilo Bazzanella , Andrea Gangemi

Blockchains have recently gained popularity thanks to their ability to record "digital truth". They are designed to keep persistence, security, and avoid attacks which is useful for many applications. However, they are still problematic in…

密码学与安全 · 计算机科学 2019-01-14 David Amar , Lior Zilpa