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The security of blockchain systems is fundamentally based on the decentralized consensus in which the majority of parties behave honestly, and the content verification process is essential to maintaining the robustness of blockchain…

密码学与安全 · 计算机科学 2025-08-21 Zishuo Zhao , Xi Chen , Yuan Zhou

Many aspects of blockchain-based decentralized finance can be understood as an extension of classical distributed computing. In this paper, we trace the evolution of two interrelated notions: failure and fault-tolerance. In classical…

分布式、并行与集群计算 · 计算机科学 2021-09-28 Daniel Engel , Maurice Herlihy , Yingjie Xue

The security of TLS depends on trust in certificate authorities, and that trust stems from their ability to protect and control the use of a private signing key. The signing key is the key asset of a certificate authority (CA), and its…

密码学与安全 · 计算机科学 2017-10-11 Bargav Jayaraman , Hannah Li , David Evans

Atomic swaps have been widely considered to be an ideal solution for cross-chain cryptocurrency transactions due to their trustless and decentralized nature. However, their adoption in practice has been strictly limited compared to…

密码学与安全 · 计算机科学 2025-03-18 Ethan Francolla , Arnav Shah

The state-of-the-art techniques for processing cross-blockchain transactions take a simple centralized approach: when the assets on blockchain $X$, say $X$-coins, are exchanged with the assets on blockchain $Y$---the $Y$-coins, those…

分布式、并行与集群计算 · 计算机科学 2020-08-20 Dongfang Zhao

This work presents the design and implementation of a blockchain system that enables the trustable transactive energy management for distributed energy resources (DERs). We model the interactions among DERs, including energy trading and…

分布式、并行与集群计算 · 计算机科学 2021-06-07 Qing Yang , Hao Wang , Xiaoxiao Wu , Taotao Wang , Shengli Zhang

Blockchain-based cryptocurrencies have demonstrated how to securely implement traditionally centralized systems, such as currencies, in a decentralized fashion. However, there have been few measurement studies on the level of…

密码学与安全 · 计算机科学 2018-03-30 Adem Efe Gencer , Soumya Basu , Ittay Eyal , Robbert van Renesse , Emin Gün Sirer

Blockchains are widely used for secure transaction processing, but their scalability remains limited, and existing multichain designs are typically static even as demand and capacity shift. We cast blockchain configuration as a multiagent…

密码学与安全 · 计算机科学 2026-02-27 Nimrod Talmon , Haim Zysberg

Public blockchains should be able to scale with respect to the number of nodes and to the transactions workload. The blockchain scalability trilemma has been informally conjectured. This is related to scalability, security and…

分布式、并行与集群计算 · 计算机科学 2020-06-08 Gianmaria Del Monte , Diego Pennino , Maurizio Pizzonia

The fast growth of distributed energy resources (DERs), such as distributed renewables (e.g., rooftop PV panels), energy storage systems, electric vehicles, and controllable appliances, drives the power system toward a decentralized system…

分布式、并行与集群计算 · 计算机科学 2022-01-19 Qing Yang , Hao Wang

In recent years, electronic retail payment mechanisms, especially e-commerce and card payments at the point of sale, have increasingly replaced cash in many developed countries. As a result, societies are losing a critical public retail…

计算机与社会 · 计算机科学 2021-05-28 Geoffrey Goodell , Hazem Danny Al-Nakib , Paolo Tasca

In decentralized systems, nodes often need to coordinate to access shared resources in a fair manner. One approach to perform such arbitration is to rely on auction mechanisms. Although there is an extensive literature that studies…

计算机科学与博弈论 · 计算机科学 2020-01-20 Amin M. Khan , Xavier Vilaça , Luís Rodrigues , Felix Freitag

Large-scale rumor spreading could pose severe social and economic damages. The emergence of online social networks along with the new media can even make rumor spreading more severe. Effective control of rumor spreading is of theoretical…

社会与信息网络 · 计算机科学 2018-02-26 Yize Chen , Quanlai Li , Hao Wang

Traditional blockchain design gives miners or validators full control over transaction ordering, i.e., they can freely choose which transactions to include or exclude, as well as in which order. While not an issue initially, the emergence…

分布式、并行与集群计算 · 计算机科学 2023-12-19 Andrei Constantinescu , Diana Ghinea , Lioba Heimbach , Zilin Wang , Roger Wattenhofer

Current architectures to validate, certify, and manage identity are based on centralised, top-down approaches that rely on trusted authorities and third-party operators. We approach the problem of digital identity starting from a human…

计算机与社会 · 计算机科学 2020-02-26 Geoff Goodell , Tomaso Aste

Decentralized crypto-currencies based on the blockchain architecture under-utilize available network bandwidth, making them unable to scale to thousands of transactions per second. We define the Blockclique architecture, that addresses this…

密码学与安全 · 计算机科学 2020-02-11 Sébastien Forestier , Damir Vodenicarevic , Adrien Laversanne-Finot

Blockchain technology is among the fastest-growing technologies in the world today. It has been adopted in diverse areas but mostly in financial systems, such as Bitcoin cryptocurrency. Therefore, it is a niche that has attracted interest…

密码学与安全 · 计算机科学 2021-06-30 Mabrook S. Al-Rakhami , Abdu Gumaei , Sk. Md. Mizanur Rahman , Atif Al-Amri

Decentralized Finance (DeFi) is built on a fundamentally different paradigm: rather than having to trust individuals and institutions, participants in DeFi potentially only have to trust computer code that is enforced by a decentralized…

综合经济学 · 经济学 2022-07-14 Kanis Saengchote , Talis Putniņš , Krislert Samphantharak

We consider a prediction market in which all aspects are controlled by market forces, in particular the correct outcomes of events are decided by the market itself rather than by trusted arbiters. This kind of a decentralized prediction…

密码学与安全 · 计算机科学 2017-03-09 Iddo Bentov , Alex Mizrahi , Meni Rosenfeld

We investigate the market microstructure of Automated Market Makers (AMMs), the most prominent type of blockchain-based decentralized exchanges. We show that the order execution mechanism yields token value loss for liquidity providers if…

交易与市场微观结构 · 定量金融 2021-07-22 Agostino Capponi , Ruizhe Jia