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Proof-of-Work (PoW) is a Sybil control mechanism adopted in blockchain-based cryptocurrencies. It prevents the attempt of malicious actors to manipulate distributed ledgers. Bitcoin has successfully suppressed double-spending by accepting…

密码学与安全 · 计算机科学 2022-08-31 Suhyeon Lee , Donghwan Lee , Seungjoo Kim

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

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

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

In the paper, we present designs for multiple blockchain consensus primitives and a novel blockchain system, all based on the use of trusted execution environments (TEEs), such as Intel SGX-enabled CPUs. First, we show how using TEEs for…

密码学与安全 · 计算机科学 2017-03-17 Mitar Milutinovic , Warren He , Howard Wu , Maxinder Kanwal

We improve the fundamental security threshold of eventual consensus Proof-of-Stake (PoS) blockchain protocols under the longest-chain rule by showing, for the first time, the positive effect of rounds with concurrent honest leaders. Current…

分布式、并行与集群计算 · 计算机科学 2020-07-30 Aggelos Kiayias , Saad Quader , Alexander Russell

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

Accountability, the ability to provably identify protocol violators, gained prominence as the main economic argument for the security of proof-of-stake (PoS) protocols. Rollups, the most popular scaling solution for blockchains, typically…

密码学与安全 · 计算机科学 2022-11-08 Ertem Nusret Tas , John Adler , Mustafa Al-Bassam , Ismail Khoffi , David Tse , Nima Vaziri

Proof-of-Stake (PoS) blockchain systems, especially those that allow stakeholders to organize themselves in ``stake-pools'', have emerged as a compelling paradigm for the deployment of large scale distributed ledgers. A stake-pool operates…

计算机科学与博弈论 · 计算机科学 2021-11-17 Aggelos Kiayias , Elias Koutsoupias , Aikaterini-Panagiota Stouka

An enormous amount of energy is wasted in Proofof-Work (PoW) mechanisms adopted by popular blockchain applications (e.g., PoW-based cryptocurrencies), because miners must conduct a large amount of computation. Owing to this, one serious…

密码学与安全 · 计算机科学 2020-01-14 Changhao Chenli , Boyang Li , Yiyu Shi , Taeho Jung

Bitcoin's Proof of Work (PoW) mechanism, while central to achieving decentralized consensus, has long been criticized for excessive energy use and hardware inefficiencies \cite{devries2018bitcoin, truby2018decarbonizing}. This paper…

密码学与安全 · 计算机科学 2025-08-19 Mohammad Ishzaz Asif Rafid , Morsalin Sakib

In a blockchain system, consensus protocol as an incentive and security mechanism, is to ensure the participants to build the block honestly and effectively. There are different consensus protocols for blockchain, like Proof of work (PoW),…

分布式、并行与集群计算 · 计算机科学 2019-03-25 Zhongli Dong , Young Choon Lee , Albert Y. Zomaya

Blockchain stores information into a chain of "blocks", whose integrity is usually guaranteed by Proof of Work (PoW). In many blockchain applications (including cryptocurrencies), users compete with each other to win the ownership of the…

密码学与安全 · 计算机科学 2018-10-09 Wei Li

This paper introduces BlockReduce, a Proof-of-Work (PoW) based blockchain system which achieves high transaction throughput through a hierarchy of merged mined blockchains, each operating in parallel on a partition the overall application…

分布式、并行与集群计算 · 计算机科学 2022-12-29 Yanni Georghiades , Karl Kreder , Jonathan Downing , Alan Orwick , Sriram Vishwanath

Bitcoin mining is a wasteful and resource-intensive process. To add a block of transactions to the blockchain, miners spend a considerable amount of energy. The Bitcoin protocol, named 'proof of work' (PoW), resembles a lottery and the…

分布式、并行与集群计算 · 计算机科学 2020-01-28 Andrei Lihu , Jincheng Du , Igor Barjaktarevic , Patrick Gerzanics , Mark Harvilla

In the white book of Bitcion, Satoshi Nakamoto described a bitcoin system that can realize point-to-point online payment without a third-party organization. After supporting this magical application scenario and subverting the traditional…

密码学与安全 · 计算机科学 2022-09-26 Shi Yan

The progress of deep learning (DL), especially the recent development of automatic design of networks, has brought unprecedented performance gains at heavy computational cost. On the other hand, blockchain systems routinely perform a huge…

密码学与安全 · 计算机科学 2020-07-31 Yixiao Lan , Yuan Liu , Boyang Li

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

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

We present two attacks targeting the Proof-of-Stake (PoS) Ethereum consensus protocol. The first attack suggests a fundamental conceptual incompatibility between PoS and the Greedy Heaviest-Observed Sub-Tree (GHOST) fork choice paradigm…

密码学与安全 · 计算机科学 2022-03-03 Joachim Neu , Ertem Nusret Tas , David Tse