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A proof of the security of the Bitcoin protocol is made rigorous, and simplified in certain parts. A computational model in which an adversary can delay transmission of blocks by time $\Delta$ is considered. The protocol is generalized to…

密码学与安全 · 计算机科学 2026-04-17 Christopher Blake , Chen Feng , Xuechao Wang , Qianyu Yu

Since the inception of Bitcoin, cryptocurrencies and the underlying blockchain technology have attracted an increasing interest from both academia and industry. Among various core components, consensus protocol is the defining technology…

密码学与安全 · 计算机科学 2020-02-21 Yang Xiao , Ning Zhang , Wenjing Lou , Y. Thomas Hou

In a blockchain Data Availability Attack (DAA), a malicious node publishes a block header but withholds part of the block, which contains invalid transactions. Honest full nodes, which can download and store the full blockchain, are aware…

密码学与安全 · 计算机科学 2022-05-03 Massimo Battaglioni , Paolo Santini , Giulia Rafaiani , Franco Chiaraluce , Marco Baldi

Despite the tremendous interest in cryptocurrencies like Bitcoin and Ethereum today, many aspects of the underlying consensus protocols are poorly understood. Therefore, the search for protocols that improve either throughput or security…

密码学与安全 · 计算机科学 2021-09-01 Ignacio Amores-Sesar , Christian Cachin , Anna Parker

Permissionless Proof-of-Stake (PoS) economic security is predicated on the high cost of violating consensus safety or liveness. We show that liquid staking introduces additional risks that are not captured by standard PoS economic security…

计算机科学与博弈论 · 计算机科学 2026-05-05 Sen Yang , Aviv Yaish , Arthur Gervais , Fan Zhang

Distributed ledger technology has gained wide popularity and adoption since the emergence of bitcoin in 2008 which is based on proof of work (PoW). It is a distributed, transparent and immutable database of records of all the transactions…

分布式、并行与集群计算 · 计算机科学 2018-10-10 Abdul Wahab , Waqas Mehmood

A bandwidth puzzle was recently proposed to defend against colluding adversaries in peer-to-peer networks. The colluding adversaries do not do actual work but claim to have uploaded contents for each other to gain free credits from the…

密码学与安全 · 计算机科学 2011-02-21 Zhenghao Zhang

Bitcoin is the most secure blockchain in the world, supported by the immense hash power of its Proof-of-Work miners. Proof-of-Stake chains are energy-efficient, have fast finality but face several security issues: susceptibility to…

密码学与安全 · 计算机科学 2025-02-04 Ertem Nusret Tas , David Tse , Fangyu Gai , Sreeram Kannan , Mohammad Ali Maddah-Ali , Fisher Yu

To address the large amount of energy wasted by blockchains, we propose a decentralized consensus protocol for blockchains in which the computation can be used to search for good approximate solutions to any optimization problem. Our…

分布式、并行与集群计算 · 计算机科学 2019-12-03 Naoki Shibata

A principal vulnerability of a proof-of-work ("PoW") blockchain is that an attacker can re-write the history of transactions by forking a previously published block and build a new chain segment containing a different sequence of…

密码学与安全 · 计算机科学 2023-09-27 Daniel Aronoff , Isaac Ardis

With the promise of greater decentralization and sustainability, Ethereum transitioned from a Proof-of-Work (PoW) to a Proof-of-Stake (PoS) consensus mechanism. The new consensus protocol introduces novel vulnerabilities that warrant…

网络与互联网体系结构 · 计算机科学 2026-04-08 Constantine Doumanidis , Maria Apostolaki

The issue of security has become ever more prevalent in the analysis and design of cyber-physical systems. In this paper, we analyze a consensus network in the presence of Denial-of-Service (DoS) attacks, namely attacks that prevent…

系统与控制 · 计算机科学 2015-04-28 Danial Senejohnny , Pietro Tesi , Claudio De Persis

Blockchain consensus is a state whereby each node in a network agrees on the current state of the blockchain. Existing protocols achieve consensus via a contest or voting procedure to select one node as a dictator to propose new blocks.…

理论经济学 · 经济学 2022-06-22 Joshua S. Gans , Richard Holden

Proof of Stake (PoS) is a burgeoning Sybil resistance mechanism that aims to have a digital asset ("token") serve as security collateral in crypto networks. However, PoS has so far eluded a comprehensive threat model that encompasses both…

综合金融 · 定量金融 2020-02-05 Tarun Chitra

Sidechain technology has been envisioned as a promising solution to accelerate today's public blockchains in terms of scalability and interoperability. By relying on the mainchain for security, different sidechains can formulate their own…

密码学与安全 · 计算机科学 2019-11-19 Fangyu Gai , Cesar Grajales , Jianyu Niu , Mohammad Mussadiq Jalalzai , Chen Feng

Proof of Stake (PoS) blockchains offer promising alternatives to traditional Proof of Work (PoW) systems, providing scalability and energy efficiency. However, blockchains operate in a decentralized manner and the network is composed of…

分布式、并行与集群计算 · 计算机科学 2025-04-25 Faisal Haque Bappy , Tariqul Islam , Kamrul Hasan , Md Sajidul Islam Sajid , Mir Mehedi Ahsan Pritom

Recently, physical layer security in the optical layer has gained significant traction. Security treats in optical networks generally impact the reliability of optical transmission. Linear Network Coding (LNC) can protect from both the…

密码学与安全 · 计算机科学 2015-10-26 Anna Engelmann , Admela Jukan

Most of the Blockchain permissioned systems employ Byzantine fault-tolerance (BFT) consensus protocols to ensure that honest validators agree on the order for appending entries to their ledgers. In this paper, we study the performance and…

分布式、并行与集群计算 · 计算机科学 2021-10-13 Salem Alqahtani , Murat Demirbas

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

This paper introduces Proof of Team Sprint (PoTS), a novel consensus algorithm designed to address the significant energy inefficiencies inherent in traditional Proof of Work (PoW) systems. PoTS shifts the consensus mechanism from an…

分布式、并行与集群计算 · 计算机科学 2024-10-17 Naoki Yonezawa