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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

We develop a continuous-time control approach to optimal trading in a Proof-of-Stake (PoS) blockchain, formulated as a consumption-investment problem that aims to strike the optimal balance between a participant's (or agent's) utility from…

综合经济学 · 经济学 2023-06-13 Wenpin Tang , David D. Yao

The comparative analysis examined eleven Proof-of-Stake (PoS) consensus-based blockchain networks to assess their openness based on five indicative metrics. These metrics include those of decentralization-related aspects, such as the number…

密码学与安全 · 计算机科学 2023-05-23 Jiseong Noh , Donghwan Kwon , Soohwan Cho , Neo C. K. Yiu

Blockchains have sparked global interest in recent years, gaining importance as they increasingly influence technology and finance. This thesis investigates the robustness of blockchain protocols, specifically focusing on Ethereum…

密码学与安全 · 计算机科学 2024-12-02 Ulysse Pavloff

As cryptographic tokens and altcoins are increasingly being built to serve as utility tokens, the notion of useful work consensus protocols, as opposed to number-crunching PoW consensus, is becoming ever more important. In such contexts,…

密码学与安全 · 计算机科学 2019-05-13 Michał Król , Alberto Sonnino , Mustafa Al-Bassam , Argyrios Tasiopoulos , Ioannis Psaras

This paper surveys innovative protocols that enhance the programming functionality of the Bitcoin blockchain, a key part of the "Bitcoin Ecosystem." Bitcoin utilizes the Unspent Transaction Output (UTXO) model and a stack-based script…

密码学与安全 · 计算机科学 2024-10-01 Guofu Liao , Taotao Wang , Qing Yang , Yihan Xia , Long Shi , Xiang Zhao , Xiaoxiao Wu , Shengli Zhang , Anthony Chan , Richard Yuen

In September 2022, Ethereum transitioned from Proof-of-Work (PoW) to Proof-of-Stake (PoS) during "the merge" - making it the largest PoS cryptocurrency in terms of market capitalization. With this work, we present a comprehensive…

分布式、并行与集群计算 · 计算机科学 2023-09-25 Dominic Grandjean , Lioba Heimbach , Roger Wattenhofer

Blockchain is a distributed ledger, which is protected against malicious modifications by means of cryptographic tools, e.g. digital signatures and hash functions. One of the most prominent applications of blockchains is cryptocurrencies,…

密码学与安全 · 计算机科学 2019-12-20 E. O. Kiktenko , M. A. Kudinov , A. K. Fedorov

In this paper, we propose a trust-centric privacy-preserving blockchain for dynamic spectrum access in IoT networks. To be specific, we propose a trust evaluation mechanism to evaluate the trustworthiness of sensing nodes and design a…

密码学与安全 · 计算机科学 2021-06-29 Jingwei Ye , Xin Kang , Ying-Chang Liang , Sumei Sun

Blockchain is a novel technology that is rising a lot of interest in the industrial and re- search sectors because its properties of decentralisation, immutability and data integrity. Initially, the underlying consensus mechanism has been…

密码学与安全 · 计算机科学 2018-05-10 Stefano De Angelis

In this paper we describe a prototype of a blockchain-in-a-box system which allows users to easily bootstrap the whole Ethereum Proof-of-Work (PoW) network running on multiple Raspberry Pi nodes - an inexpensive modular computers. Users are…

分布式、并行与集群计算 · 计算机科学 2025-05-09 Matija Piškorec , Anton Ivashkevich , Said Haji Abukar , Lundrim Azemi , Md Rezuanul Haque , Mostafa Chegenizadeh , Claudio J. Tessone

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

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

A problem of developing the consensus protocols in public blockchain systems which spend a combination of energy and space resources is addressed. A technique is proposed that provides a flexibility for selection of the energy and space…

密码学与安全 · 计算机科学 2019-11-19 Miodrag J. Mihaljevic

In the proof-of-stake (PoS) paradigm for maintaining decentralized, permissionless cryptocurrencies, Sybil attacks are prevented by basing the distribution of roles in the protocol execution on the stake distribution recorded in the ledger…

密码学与安全 · 计算机科学 2020-09-10 Rainer Stütz , Peter Gaži , Bernhard Haslhofer , Jacob Illum

Bitcoin is the first secure decentralized electronic currency system. However, it is known to be inefficient due to its proof-of-work (PoW) consensus algorithm and has the potential hazard of double spending. In this paper, we aim to reduce…

密码学与安全 · 计算机科学 2018-07-10 Chi-Ning Chou , Yu-Jing Lin , Ren Chen , Hsiu-Yao Chang , I-Ping Tu , Shih-wei Liao

Proof of Work (PoW) is a Sybil-deterrence security mechanism. It introduces an external cost to a system by requiring computational effort to perform actions. However, since its inception, a central challenge was to tune this cost. Initial…

密码学与安全 · 计算机科学 2021-08-05 Itay Tsabary , Alexander Spiegelman , Ittay Eyal

Proof-of-Stake (PoS) consensus protocols often face a trade-off between performance and security. Protocols that pre-elect leaders for subsequent rounds are vulnerable to Denial-of-Service (DoS) attacks, which can disrupt the network and…

密码学与安全 · 计算机科学 2025-10-07 Ivan Homoliak , Martin Perešíni , Marek Tamaškovič , Timotej Ponek , Lukáš Hellebrandt , Kamil Malinka

To implement a blockchain, we need a blockchain protocol for all the nodes to follow. To design a blockchain protocol, we need a block publisher selection mechanism and a chain selection rule. In Proof-of-Stake (PoS) based blockchain…

密码学与安全 · 计算机科学 2023-03-17 Shoeb Siddiqui , Varul Srivastava , Raj Maheshwari , Sujit Gujar

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