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Bitcoin was recently introduced as a peer-to-peer electronic currency in order to facilitate transactions outside the traditional financial system. The core of Bitcoin, the Blockchain, is the history of the transactions in the system…

密码学与安全 · 计算机科学 2017-05-04 Siamak Solat , Maria Potop-Butucaru

Blockchains add transactions to a distributed shared ledger by arriving at consensus on sets of transactions contained in blocks. This provides a total ordering on a set of global transactions. However, total ordering is not enough to…

密码学与安全 · 计算机科学 2024-08-27 Anshuman Misra , Ajay D. Kshemkalyani

In this paper we analyze from the game theory point of view Byzantine Fault Tolerant blockchains when processes exhibit rational or Byzantine behavior. Our work is the first to model the Byzantine-consensus based blockchains as a committee…

分布式、并行与集群计算 · 计算机科学 2019-02-22 Yackolley Amoussou-Guenou , Bruno Biais , Maria Potop-Butucaru , Sara Tucci-Piergiovanni

Reaching consensus -- a macroscopic state where the system constituents display the same microscopic state -- is a necessity in multiple complex socio-technical and techno-economic systems: their correct functioning ultimately depends on…

社会与信息网络 · 计算机科学 2022-03-22 Edoardo Fadda , Junda He , Claudio Tessone , Paolo Barucca

The long-term success of cryptocurrencies largely depends on the incentive compatibility provided to the validators. Bribery attacks, facilitated trustlessly via smart contracts, threaten this foundation. This work introduces, implements,…

密码学与安全 · 计算机科学 2026-01-14 Bence Soóki-Tóth , István András Seres , Kamilla Kara , Ábel Nagy , Balázs Pejó , Gergely Biczók

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

Low transaction throughput and poor scalability are significant issues in public blockchain consensus protocols such as Bitcoins. Recent research efforts in this direction have proposed shard-based consensus protocols where the key idea is…

计算机科学与博弈论 · 计算机科学 2018-09-26 Mohammad Hossein Manshaei , Murtuza Jadliwala , Anindya Maiti , Mahdi Fooladgar

In permissionless blockchains, transaction issuers include a fee to incentivize miners to include their transactions. To accurately estimate this prioritization fee for a transaction, transaction issuers (or blockchain participants, more…

密码学与安全 · 计算机科学 2023-05-25 Johnnatan Messias , Vabuk Pahari , Balakrishnan Chandrasekaran , Krishna P. Gummadi , Patrick Loiseau

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

Blockchain-based consensus protocols present the opportunity to develop new protocols, due to their novel requirements of open participation and explicit incentivization of participants. To address the first requirement, it is necessary to…

密码学与安全 · 计算机科学 2018-08-09 Sarah Azouvi , Patrick McCorry , Sarah Meiklejohn

In this paper we address the issue of identity and access control within shared permissioned blockchains. We propose the ChainAchor system that provides anonymous but verifiable identities for entities on the blockchain. ChainAchor also…

密码学与安全 · 计算机科学 2019-03-13 Thomas Hardjono , Alex Pentland

Extensive research on Nakamoto-style consensus protocols has shown that network delays degrade the security of these protocols. Established results indicate that, perhaps surprisingly, maximal security is achieved when the network is as…

密码学与安全 · 计算机科学 2024-04-16 Jannik Albrecht , Sebastien Andreina , Frederik Armknecht , Ghassan Karame , Giorgia Marson , Julian Willingmann

Due to their immutable log of information, blockchains can be considered as a transparency-enhancing technology. The immutability, however, also introduces threats and challenges with respect to privacy laws and illegal content. Introducing…

密码学与安全 · 计算机科学 2021-07-01 Erik Daniel , Florian Tschorsch

The Lightning Network promises to alleviate Bitcoin's known scalability problems. The operation of such second layer approaches relies on the ability of participants to turn to the blockchain to claim funds at any time, which is assumed to…

密码学与安全 · 计算机科学 2020-08-28 Jona Harris , Aviv Zohar

This paper outlines a method aiming to increase the efficiency of proof-of-work based blockchains using a ticket-based approach. To avoid the limitation of serially adding one block at a time to a blockchain, multiple semi-independent…

分布式、并行与集群计算 · 计算机科学 2024-06-14 Elias Rudberg

In this paper, we explore vulnerabilities and countermeasures of the recently proposed blockchain consensus based on proof-of-authority. The proof-of-work blockchains, like Bitcoin and Ethereum, have been shown both theoretically and…

密码学与安全 · 计算机科学 2019-09-26 Parinya Ekparinya , Vincent Gramoli , Guillaume Jourjon

The resource-consuming mining of blocks on a blockchain equipped with a proof of work consensus protocol bears the risk of ruin, namely when the operational costs for the mining exceed the received rewards. In this paper we investigate to…

密码学与安全 · 计算机科学 2021-09-08 Hansjoerg Albrecher , Dina Finger , Pierre-Olivier Goffard

The application of Bitcoin enables people to understand blockchain technology gradually. Bitcoin is a decentralized currency that does not rely on third-party credit institutions, and the core of Bitcoin's underlying technology is…

密码学与安全 · 计算机科学 2025-04-15 Yuhuan Yang , Shipeng Ye , Xiaoqi Li

Blockchain technology offers a decentralized and secure method for storing and authenticating data, rendering it well-suited for various applications such as digital currencies, supply chain management, and voting systems. However, the…

分布式、并行与集群计算 · 计算机科学 2025-04-25 Mohammad R. Shakournia , Pooya Jamshidi , Hamid Reza Faragardi , Nasser Yazdani

Modern blockchains guarantee that submitted transactions will be included eventually; a property formally known as liveness. But financial activity requires transactions to be included in a timely manner. Unfortunately, classical liveness…

理论经济学 · 经济学 2023-06-27 Elijah Fox , Mallesh Pai , Max Resnick