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Transaction throughput, confirmation latency and confirmation reliability are fundamental performance measures of any blockchain system in addition to its security. In a decentralized setting, these measures are limited by two underlying…

密码学与安全 · 计算机科学 2019-10-03 Vivek Bagaria , Sreeram Kannan , David Tse , Giulia Fanti , Pramod Viswanath

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…

Owing to some special characteristics and features, blockchain is a very useful technique that can securely organize diverse devices in a smart city. It finds wide applications, especially in distributed environments, where entities such as…

密码学与安全 · 计算机科学 2021-04-01 Jiahui Chen , Wensheng Gan , Muchuang Hu , Chien-Ming Chen

The enormous power consumption of Bitcoin has led to undifferentiated discussions in science and practice about the sustainability of blockchain and distributed ledger technology in general. However, blockchain technology is far from…

密码学与安全 · 计算机科学 2021-02-17 Johannes Sedlmeir , Hans Ulrich Buhl , Gilbert Fridgen , Robert Keller

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

Proof-of-Stake blockchains based on a longest-chain consensus protocol are an attractive energy-friendly alternative to the Proof-of-Work paradigm. However, formal barriers to "getting the incentives right" were recently discovered, driven…

计算机科学与博弈论 · 计算机科学 2023-10-31 Matheus V. X. Ferreira , S. Matthew Weinberg

Proof-of-stake (PoS) is a promising approach for designing efficient blockchains, where block proposers are randomly chosen with probability proportional to their stake. A primary concern with PoS systems is the "rich getting richer"…

密码学与安全 · 计算机科学 2018-10-17 Giulia Fanti , Leonid Kogan , Sewoong Oh , Kathleen Ruan , Pramod Viswanath , Gerui Wang

Proof-of-Work (PoW) systems face critical challenges, including excessive energy consumption and the centralization of mining power among entities with expensive hardware. Static mining pools exacerbate these issues by reducing competition…

密码学与安全 · 计算机科学 2025-04-25 Rizwanul Haque , SM Tareq Aziz , Tahrim Hossain , Faisal Haque Bappy , Muhammad Nur Yanhaona , Tariqul Islam

This work proposes a novel proof-of-work blockchain incentive scheme such that, barring exogenous motivations, following the protocol is guaranteed to be the optimal strategy for miners. Our blockchain takes the form of a directed acyclic…

密码学与安全 · 计算机科学 2022-06-22 Jakub Sliwinski , Roger Wattenhofer

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

Resource-based consensus is the backbone of permissionless distributed ledger systems. The security of such protocols relies fundamentally on the level of resources actively engaged in the system. The variety of different resources (and…

密码学与安全 · 计算机科学 2022-09-08 Matthias Fitzi , Xuechao Wang , Sreeram Kannan , Aggelos Kiayias , Nikos Leonardos , Pramod Viswanath , Gerui Wang

Proof of Work (PoW) blockchains burn a lot of energy. Proof-of-work algorithms are expensive by design and often only serve to compute blockchains. In some sense, carbon-based and non-carbon based regional electric power is fungible. So the…

密码学与安全 · 计算机科学 2024-04-09 Agron Gemajli , Shivam Patel , Phillip G. Bradford

We present the new mining protocol Proof-of-Reputation (PoR) for decentralized Proof-of-Work (PoW) blockchains, in particular for Bitcoin. PoR combines the classical PoW with the new ingredient of cryptographic reputation. The same level of…

密码学与安全 · 计算机科学 2023-02-15 Cyril Grunspan , Ricardo Perez-Marco

The Nakamoto consensus protocol underlying the Bitcoin blockchain uses proof of work as a voting mechanism. Honest miners who contribute hashing power towards securing the chain try to extend the longest chain they are aware of. Despite its…

密码学与安全 · 计算机科学 2025-05-22 Mirza Ahad Baig , Krzysztof Pietrzak

Proof-of-Work (PoW) is a fundamental underlying technology behind most major blockchain cryptocurrencies. It has been previously pointed out that quantum devices provide a computational advantage in performing PoW in the context of Bitcoin.…

量子物理 · 物理学 2021-05-06 Dan A. Bard , Joseph J. Kearney , Carlos A. Perez-Delgado

Blockchain (BC), the technology behind the Bitcoin cryptocurrency system, is starting to be adopted for ensuring enhanced security and privacy in the Internet of Things (IoT) ecosystem. Fervent research is currently being focused in both…

密码学与安全 · 计算机科学 2018-06-15 Mahdi H. Miraz , Maaruf Ali

A blockchain is a decentralized ledger where all transactions are recorded. For having a reliable blockchain and double-spending prevention, we need a decentralized consensus and agreement on a blockchain. Bitcoin uses proof-of-work (PoW).…

密码学与安全 · 计算机科学 2019-05-06 Siamak Solat

Proof-of-Stake (PoS) is a prominent Sybil control mechanism for blockchain-based systems. In "e-PoS: Making PoS Decentralized and Fair," Saad et al. (TPDS'21) introduced a new Proof-of-Stake protocol, e-PoS, to enhance PoS applications'…

密码学与安全 · 计算机科学 2025-04-25 Suhyeon Lee , Seungjoo Kim

The rise of computational power has led to unprecedented performance gains for deep learning models. As more data becomes available and model architectures become more complex, the need for more computational power increases. On the other…

密码学与安全 · 计算机科学 2023-09-01 Mahmoud Salhab , Khaleel Mershad

Proof of Stake (PoS) protocols rely on voting mechanisms to reach consensus on the current state. If an enhanced majority of staking nodes, also called validators, agree on a proposed block, then this block is appended to the blockchain.…

计算机科学与博弈论 · 计算机科学 2021-07-20 Stefanos Leonardos , Daniel Reijsbergen , Georgios Piliouras