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The Metaverse is rapidly evolving, bringing us closer to its imminent reality. However, the widespread adoption of this new automated technology poses significant research challenges in terms of authenticity, integrity, interoperability,…

密码学与安全 · 计算机科学 2023-07-21 Khadija Manzoor , Umara Noor , Zahid Rashid

Proof of Stake (PoS) protocols rely on voting mechanisms to reach consensus on the current state. If an enhanced majority of staking nodes, also called validators, agree on a proposed block, then this block is appended to the blockchain.…

计算机科学与博弈论 · 计算机科学 2021-07-20 Stefanos Leonardos , Daniel Reijsbergen , Georgios Piliouras

Proof-of-stake blockchain protocols have emerged as a compelling paradigm for organizing distributed ledger systems. In proof-of-stake (PoS), a subset of stakeholders participate in validating a growing ledger of transactions. For the…

计算机科学与博弈论 · 计算机科学 2024-07-12 Aggelos Kiayias , Elias Koutsoupias , Francisco Marmolejo-Cossio , Aikaterini-Panagiota Stouka

Fault-tolerant distributed systems move the trust in a single party to a majority of parties participating in the protocol. This makes blockchain based crypto-currencies possible: they allow parties to agree on a total order of transactions…

密码学与安全 · 计算机科学 2023-03-15 Søren Eller Thomsen , Bas Spitters

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…

Proof of Stake (PoS) is a burgeoning Sybil resistance mechanism that aims to have a digital asset ("token") serve as security collateral in crypto networks. However, PoS has so far eluded a comprehensive threat model that encompasses both…

综合金融 · 定量金融 2020-02-05 Tarun Chitra

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

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

Current blockchain consensus protocols -- notably, Proof of Work (PoW) and Proof of Stake (PoS) -- deliver global agreement but exhibit structural constraints. PoW anchors security in heavy computation, inflating energy use and imposing…

密码学与安全 · 计算机科学 2025-12-11 Kyle Habib , Vladislav Kapitsyn , Giovanni Mazzeo , Faisal Mehrban

Blockchain technology has become a trusted method for establishing secure and transparent transactions through a distributed, encrypted network. The operation of blockchain is governed by consensus algorithms, among which Proof of Stake…

密码学与安全 · 计算机科学 2024-06-03 Bruno Ramos-Cruz , Javier Andreu-Pérez , Francisco J. Quesada , Luis Martínez

Trustless systems, such as those blockchain enpowered, provide trust in the system regardless of the trust of its participants, who may be honest or malicious. Proof-of-stake (PoS) protocols and DAG-based approaches have emerged as a better…

分布式、并行与集群计算 · 计算机科学 2019-07-09 Quan Nguyen , Andre Cronje , Michael Kong , Alex Kampa , George Samman

Blockchain is a technology that is often used to share data and assets. However, in the decentralized ecosystem, blockchain-based systems can be utilized to share information and assets without the traditional barriers associated with solo…

分布式、并行与集群计算 · 计算机科学 2024-04-23 Viktor Valaštín , Roman Bitarovský , Kristián Košťál , Ivan Kotuliak

This paper examines the economic and security implications of Proof-of-Stake (POS) designs, providing a survey of POS design choices and their underlying economic principles in prominent POS-blockchains. The paper argues that…

综合经济学 · 经济学 2024-05-24 Nicolas Oderbolz , Beatrix Marosvölgyi , Matthias Hafner

Programmable blockchains have long been a hot research topic given their tremendous use in decentralized applications. Smart contracts, using blockchains as their underlying technology, inherit the desired properties such as verifiability,…

密码学与安全 · 计算机科学 2025-08-19 Zhaorun Lin

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

As smart contract platforms autonomously manage billions of dollars of capital, quantifying the portfolio risk that investors engender in these systems is increasingly important. Recent work illustrates that Proof of Stake (PoS) is…

综合金融 · 定量金融 2020-06-22 Tarun Chitra , Alex Evans

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

Consensus algorithms facilitate agreement on and resolution of blockchain functions, such as smart contracts and transactions. Ethereum uses a Proof-of-Stake (PoS) consensus mechanism, which depends on financial incentives to ensure that…

计算机科学与博弈论 · 计算机科学 2023-08-02 Alpesh Bhudia , Anna Cartwright , Edward Cartwright , Darren Hurley-Smith , Julio Hernandez-Castro

Proof-of-stake (PoS) is a promising approach for designing efficient blockchains, where block proposers are randomly chosen with probability proportional to their stake. A primary concern with PoS systems is the "rich getting richer"…

密码学与安全 · 计算机科学 2018-10-17 Giulia Fanti , Leonid Kogan , Sewoong Oh , Kathleen Ruan , Pramod Viswanath , Gerui Wang

We study long-term equilibria that arise in the token monetary policy, or tokenomics, design of proof-of-stake (PoS) blockchain systems that engage utility maximizing users and validators. Validators are system maintainers who get rewarded…

计算机科学与博弈论 · 计算机科学 2025-02-13 Aggelos Kiayias , Philip Lazos , Paolo Penna
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