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Blockchain, the technology behind the popular Bitcoin, is considered a "security by design" system as it is meant to create security among a group of distrustful parties yet without a central trusted authority. The security of blockchain…

密码学与安全 · 计算机科学 2020-09-02 Yang Xiao , Ning Zhang , Wenjing Lou , Y. Thomas Hou

Proof-of-stake blockchain protocols are becoming one of the most promising alternatives to the energy-consuming proof-of-work protocols. However, one particularly critical threat in the PoS setting is the well-known long-range attacks…

密码学与安全 · 计算机科学 2019-10-16 Xinyu Li , Jing Xu , Xiong Fan , Yuchen Wang , Zhenfeng Zhang

Proof-of-stake (PoS) has emerged as a natural alternative to the resource-intensive Proof-of-Work (PoW) blockchain, as was recently seen with the Ethereum Merge. PoS-based blockchains require an initial stake distribution among the…

计算机科学与博弈论 · 计算机科学 2024-04-16 Varul Srivastava , Sankarshan Damle , Sujit Gujar

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

We present "Gasper," a proof-of-stake-based consensus protocol, which is an idealized version of the proposed Ethereum 2.0 beacon chain. The protocol combines Casper FFG, a finality tool, with LMD GHOST, a fork-choice rule. We prove safety,…

密码学与安全 · 计算机科学 2020-05-13 Vitalik Buterin , Diego Hernandez , Thor Kamphefner , Khiem Pham , Zhi Qiao , Danny Ryan , Juhyeok Sin , Ying Wang , Yan X Zhang

Proof-of-Stake consensus protocols give rise to complex modeling challenges. We analyze the recently-updated Tezos Proof-of-Stake protocol and demonstrate that, under certain conditions, rational participants are incentivized to behave…

密码学与安全 · 计算机科学 2020-04-09 Michael Neuder , Daniel J. Moroz , Rithvik Rao , David C. Parkes

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

Parallel Proof-of-Work (PoW) protocols have been suggested in the literature to improve the safety guarantees, transaction throughput and confirmation latencies of Nakamoto consensus. In this work, we first consider the existing parallel…

密码学与安全 · 计算机科学 2026-01-09 Mustafa Doger , Sennur Ulukus

We present a novel method for a multi-party, zero-trust validator infrastructure deployment arrangement via smart contracts to secure Proof-of-Stake (PoS) blockchains. The proposed arrangement architecture employs a combination of…

密码学与安全 · 计算机科学 2023-08-03 Scott Seidenberger , Alec Sokol , Anindya Maiti

Most concurrent blockchain systems rely heavily on the Proof-of-Work (PoW) or Proof-of-Stake (PoS) mechanisms for decentralized consensus and security assurance. However, the substantial energy expenditure stemming from computationally…

密码学与安全 · 计算机科学 2026-05-05 Zishuo Zhao , Zhixuan Fang , Xuechao Wang , Xi Chen , Hongxu Su , Haibo Xiao , Yuan Zhou

Dynamic participation has recently become a crucial requirement for devising permissionless consensus protocols. This notion, originally formalized by Pass and Shi (ASIACRYPT 2017) through their "sleepy model", captures the essence of a…

分布式、并行与集群计算 · 计算机科学 2023-08-21 Francesco D'Amato , Luca Zanolini

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

The consensus protocol is a critical component of distributed ledgers and blockchains. Achieving consensus over a decentralized network poses challenges to transaction finality and performance. Currently, the highest-performing consensus…

密码学与安全 · 计算机科学 2024-08-09 Pascal Berrang , Inês Cruz , Bruno França , Philipp von Styp-Rekowsky , Marvin Wissfeld

Rollups have become the de facto scalability solution for Ethereum, securing more than $55B in assets. They achieve scale by executing transactions on a Layer 2 ledger, while periodically posting data and finalizing state on the Layer 1,…

密码学与安全 · 计算机科学 2025-09-23 Stefanos Chaliasos , Conner Swann , Sina Pilehchiha , Nicolas Mohnblatt , Benjamin Livshits , Assimakis Kattis

Blockchain relay schemes enable cross-chain state proofs without requiring trusted intermediaries. This is achieved by applying the source blockchain's consensus validation protocol on the target blockchain. Existing chain relays allow for…

密码学与安全 · 计算机科学 2022-08-24 Martin Westerkamp , Maximilian Diez

This study explores the intricacies of waiting games, a novel dynamic that emerged with Ethereum's transition to a Proof-of-Stake (PoS)-based block proposer selection protocol. Within this PoS framework, validators acquire a distinct…

密码学与安全 · 计算机科学 2023-07-13 Burak Öz , Benjamin Kraner , Nicolò Vallarano , Bingle Stegmann Kruger , Florian Matthes , Claudio Juan Tessone

The idea of security sharing goes back to Nakamoto's introduction of merge mining, a technique that enables Bitcoin miners to reuse their hash power to bootstrap and secure other Proof-of-Work (PoW) blockchains. However, with the rise of…

Ethereum is a decentralized Blockchain system that supports the execution of Turing-complete smart contracts. Although the security of the Ethereum ecosystem has been studied in the past, the network layer has been mostly neglected. We show…

密码学与安全 · 计算机科学 2019-08-28 Sebastian Henningsen , Daniel Teunis , Martin Florian , Björn Scheuermann

The core of a blockchain network is its consensus algorithm. Starting with the Proof-of-Work, there have been various versions of consensus algorithms, such as Proof-of-Stake (PoS), Proof-of-Authority (PoA), and Practical Byzantine Fault…

分布式、并行与集群计算 · 计算机科学 2024-12-10 Tariqul Islam , Faisal Haque Bappy , Tarannum Shaila Zaman , Md Sajidul Islam Sajid , Mir Mehedi Ahsan Pritom

Security analysis of blockchain technology is an active domain of research. There has been both cryptographic and game-theoretic security analysis of Proof-of-Work (PoW) blockchains. Prominent work includes the cryptographic security…

密码学与安全 · 计算机科学 2024-09-01 Varul Srivastava , Sujit Gujar