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Blockchain systems face persistent challenges of scalability, latency, and energy inefficiency. Existing consensus protocols such as Proof-of-Work (PoW) and Proof-of-Stake (PoS) either consume excessive resources or risk centralization.…

密码学与安全 · 计算机科学 2025-11-06 M. Z. Haider , M. U Ghouri , Tayyaba Noreen , M. Salman

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

A soft control of the network activity through varying reward in a proof-of-work (PoW) cryptocurrency is reported. Rewards are the necessity to incent the contributors activities (i.e., mining) in order to maintain the PoW network. Contrary…

计算机与社会 · 计算机科学 2014-09-30 Joe Lao

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

Bitcoin is the first fully-decentralized permissionless blockchain protocol to achieve a high level of security, but at the expense of poor throughput and latency. Scaling the performance of Bitcoin has a been a major recent direction of…

分布式、并行与集群计算 · 计算机科学 2023-02-20 Lei Yang , Xuechao Wang , Vivek Bagaria , Gerui Wang , Mohammad Alizadeh , David Tse , Giulia Fanti , Pramod Viswanath

Blockchain plays a crucial role in ensuring the security and integrity of decentralized systems, with the proof-of-work (PoW) mechanism being fundamental for achieving distributed consensus. As PoW blockchains see broader adoption, an…

系统与控制 · 电气工程与系统科学 2026-01-07 Xunqiang Lan , Xiao Tang , Ruonan Zhang , Bin Li , Qinghe Du , Dusit Niyato , Zhu Han

Despite their potential in many respects, blockchain and distributed ledger technology (DLT) technology have been the target of criticism for the energy intensity of the proof-of-work (PoW) consensus algorithm in general and of Bitcoin…

分布式、并行与集群计算 · 计算机科学 2023-07-20 Juan Ignacio Ibañez , Alexander Freier

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

Owing to some special characteristics and features, blockchain is a very useful technique that can securely organize diverse devices in a smart city. It finds wide applications, especially in distributed environments, where entities such as…

密码学与安全 · 计算机科学 2021-04-01 Jiahui Chen , Wensheng Gan , Muchuang Hu , Chien-Ming Chen

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

An important feature of Proof-of-Work (PoW) blockchains is full dynamic availability, allowing miners to go online and offline while requiring only 50% of the online miners to be honest. Existing Proof-of-stake (PoS), Proof-of-Space and…

密码学与安全 · 计算机科学 2021-02-22 Soubhik Deb , Sreeram Kannan , David Tse

Existing research on federated learning has been focused on the setting where learning is coordinated by a centralized entity. Yet the greatest potential of future collaborative intelligence would be unleashed in a more open and…

密码学与安全 · 计算机科学 2025-10-07 Huiwen Liu , Feida Zhu , Ling Cheng

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 revisit the longstanding open problem of implementing Nakamoto's proof-of-work (PoW) consensus based on a real-world computational task $T(x)$ (as opposed to artificial random hashing), in a truly permissionless setting where the miner…

密码学与安全 · 计算机科学 2025-11-14 Ilan Komargodski , Omri Weinstein

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

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

Proof-of-Work (PoW) is the most widely adopted incentive model in current blockchain systems, which unfortunately is energy inefficient. Proof-of-Stake (PoS) is then proposed to tackle the energy issue. The rich-get-richer concern of PoS…

密码学与安全 · 计算机科学 2021-03-31 Yuming Huang , Jing Tang , Qianhao Cong , Andrew Lim , Jianliang Xu

The protocol for cryptocurrencies can be divided into three parts, namely consensus, wallet, and networking overlay. The aim of the consensus part is to bring trustless rational peer-to-peer nodes to an agreement to the current status of…

密码学与安全 · 计算机科学 2020-06-23 Sangjun Park , Haeung Choi , Heung-No Lee

Proof-of-Work is a consensus algorithm where miners solve cryptographic puzzles to mine blocks and obtain a reward through some Block Reward Mechanism (BRM). PoW blockchain faces the problem of centralization due to the formation of mining…

计算机科学与博弈论 · 计算机科学 2024-01-18 Varul Srivastava , Sujit Gujar

Training machine learning (ML) models typically involves expensive iterative optimization. Once the model's final parameters are released, there is currently no mechanism for the entity which trained the model to prove that these parameters…