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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

In today's connected world, resource constrained devices are deployed for sensing and decision making applications, ranging from smart cities to environmental monitoring. Those recourse constrained devices are connected to create real-time…

密码学与安全 · 计算机科学 2020-01-22 Deepak Puthal , Saraju P. Mohanty , Venkata P. Yanambaka , Elias Kougianos

Proof of Work (PoW) is widely regarded as the most secure permissionless blockchain consensus protocol. However, its reliance on computationally intensive yet externally useless puzzles results in excessive electric energy wasting. To…

密码学与安全 · 计算机科学 2025-10-14 Samuel Oleksak , Richard Gazdik , Martin Peresini , Ivan Homoliak

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

Spamming attacks are a serious concern for consensus protocols, as witnessed by recent outages of a major blockchain, Solana. They cause congestion and excessive message delays in a real network due to its bandwidth constraints. In…

密码学与安全 · 计算机科学 2022-05-19 Joachim Neu , Srivatsan Sridhar , Lei Yang , David Tse , Mohammad Alizadeh

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

Popular Ethereum wallets (like MetaMask) entrust centralized infrastructure providers (e.g., Infura) to run the consensus client logic on their behalf. As a result, these wallets are light-weight and high-performant, but come with security…

密码学与安全 · 计算机科学 2023-10-26 Shresth Agrawal , Joachim Neu , Ertem Nusret Tas , Dionysis Zindros

Blockchains combine other technologies, such as cryptography, networking, and incentive mechanisms, to enable the creation, validation, and recording of transactions between participating nodes. A consensus algorithm is used in a blockchain…

社会与信息网络 · 计算机科学 2021-09-01 Oladotun Aluko , Anton Kolonin

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

Blockchain protocols come with a variety of security guarantees. For example, BFT-inspired protocols such as Algorand tend to be secure in the partially synchronous setting, while longest chain protocols like Bitcoin will normally require…

密码学与安全 · 计算机科学 2021-11-08 Andrew Lewis-Pye , Tim Roughgarden

Most cryptocurrencies rely on Proof-of-Work (PoW) "mining" for resistance to Sybil and double-spending attacks, as well as a mechanism for currency issuance. Hashcash PoW has successfully secured the Bitcoin network since its inception,…

密码学与安全 · 计算机科学 2020-02-04 Michael Dubrovsky , Marshall Ball , Bogdan Penkovsky

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

This paper investigates the fundamental trade-offs between block safety, confirmation latency, and transaction throughput of proof-of-work (PoW) longest-chain fork-choice protocols, also known as PoW Nakamoto consensus. New upper and lower…

密码学与安全 · 计算机科学 2024-12-05 Shu-Jie Cao , Dongning Guo

In this paper, we propose two models for scaling the transaction throughput in Proof-of-Work (PoW) based blockchain networks. In the first approach, a mathematical model has derived for optimal transaction throughput for PoW based longest…

分布式、并行与集群计算 · 计算机科学 2021-07-21 B Swaroopa Reddy , G V V Sharma

In this paper, we informally introduce the Pulsar proof of stake consensus paper and discuss the relevant design decisions and considerations. The Pulsar protocol we propose is designed to facilitate the creation of a proof of stake…

密码学与安全 · 计算机科学 2025-07-18 Samer Afach , Benjamin Marsh , Enrico Rubboli

Blockchain (BC), the technology behind the Bitcoin crypto-currency system, is considered to be both alluring and critical for ensuring enhanced security and (in some implementations, non-traceable) privacy for diverse applications in many…

密码学与安全 · 计算机科学 2018-12-14 Mahdi H. Miraz , Maaruf Ali

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

Proof of Work (PoW) blockchains are susceptible to adversarial majority mining attacks in the early stages due to incipient participation and corresponding low net hash power. Bootstrapping ensures safety and liveness during the transient…

密码学与安全 · 计算机科学 2022-08-24 Ranvir Rana , Dimitris Karakostas , Sreeram Kannan , Aggelos Kiayias , Pramod Viswanath

Bitcoin is a popular cryptocurrency that records alltransactions in a distributed append-only public ledger calledblockchain. The security of Bitcoin heavily relies on the incentive-compatible proof-of-work (PoW) based distributed consensus…

密码学与安全 · 计算机科学 2018-06-05 Mauro Conti , Sandeep Kumar E , Chhagan Lal , Sushmita Ruj

The blockchain system has emerged as one of the focal points of research in recent years, particularly in applications and services such as cryptocurrencies and smart contracts. In this context, the hash value serves as a crucial element in…

密码学与安全 · 计算机科学 2025-01-08 Abel C. H. Chen