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The Lightning Network, a payment channel network with a market cap of over 192M USD, is designed to resolve Bitcoin's scalability issues through fast off-chain transactions. There are multiple Lightning Network client implementations, all…

密码学与安全 · 计算机科学 2024-05-06 Ben Weintraub , Satwik Prabhu Kumble , Cristina Nita-Rotaru , Stefanie Roos

Payment channel networks provide a fast and scalable solution to relay funds, acting as a second layer to slower and less scalable blockchain protocols. In this paper, we present an accessible, low-cost attack in which the attacker…

密码学与安全 · 计算机科学 2021-02-02 Ayelet Mizrahi , Aviv Zohar

The widespread adoption of blockchain technology has amplified the spectrum of potential threats to its integrity and security. The ongoing quest to exploit vulnerabilities emphasizes how critical it is to expand on current research…

密码学与安全 · 计算机科学 2024-04-30 Kaustubh Dwivedi , Ankit Agrawal , Ashutosh Bhatia , Kamlesh Tiwari

Cryptocurrency off-chain networks such as Lightning (e.g., Bitcoin) or Raiden (e.g., Ethereum) aim to increase the scalability of traditional on-chain transactions. To support nodes in learning about possible paths to route their…

密码学与安全 · 计算机科学 2020-03-03 Utz Nisslmueller , Klaus-Tycho Foerster , Stefan Schmid , Christian Decker

In 2021 Ethereum adjusted the transaction pricing mechanism by implementing EIP-1559, which introduces the base fee - a network fee that is burned and dynamically adjusts to the network demand. The authors of the Ethereum Improvement…

计算机科学与博弈论 · 计算机科学 2023-08-09 Sarah Azouvi , Guy Goren , Lioba Heimbach , Alexander Hicks

Strategies related to the blockchain concept of Extractable Value (MEV/BEV), such as arbitrage, front-, or back-running create strong economic incentives for network nodes to reduce latency. Modified nodes, that minimize transaction…

密码学与安全 · 计算机科学 2025-02-10 Taro Tsuchiya , Liyi Zhou , Kaihua Qin , Arthur Gervais , Nicolas Christin

Payment channel networks (PCNs) are a promising technology that alleviates blockchain scalability by shifting the transaction load from the blockchain to the PCN. Nevertheless, the network topology has to be carefully designed to maximise…

分布式、并行与集群计算 · 计算机科学 2025-08-21 Krishnendu Chatterjee , Jan Matyáš Křišťan , Stefan Schmid , Jakub Svoboda , Michelle Yeo

Financial fraud cases are on the rise even with the current technological advancements. Due to the lack of inter-organization synergy and because of privacy concerns, authentic financial transaction data is rarely available. On the other…

In this paper, we review the undercutting attacks in the transaction-fee-based regime of proof-of-work (PoW) blockchains with the longest chain fork-choice rule. Next, we focus on the problem of fluctuations in mining revenue and the mining…

密码学与安全 · 计算机科学 2023-02-13 Rastislav Budinský , Ivan Homoliak , Ivana Stančíková

Blockchain has widespread applications in the financial field but has also attracted increasing cybercrimes. Recently, phishing fraud has emerged as a major threat to blockchain security, calling for the development of effective regulatory…

社会与信息网络 · 计算机科学 2022-04-19 Panpan Li , Yunyi Xie , Xinyao Xu , Jiajun Zhou , Qi Xuan

Smart Contracts and transactions allow users to implement elaborate constructions on cryptocurrency blockchains like Bitcoin and Ethereum. Many of these constructions, including operational payment channels and atomic swaps, use a building…

密码学与安全 · 计算机科学 2021-03-26 Itay Tsabary , Matan Yechieli , Alex Manuskin , Ittay Eyal

Bitcoin-NG is an extensible blockchain protocol based on the same trust model as Bitcoin. It divides each epoch into one Key-Block and multiple Micro-Blocks, effectively improving transaction processing capacity. Bitcoin-NG adopts a special…

密码学与安全 · 计算机科学 2023-06-07 Junjie Hu , Zhe Jiang , Chunxiang Xu

Bitcoin is a "crypto currency", a decentralized electronic payment scheme based on cryptography. Bitcoin economy grows at an incredibly fast rate and is now worth some 10 billions of dollars. Bitcoin mining is an activity which consists of…

密码学与安全 · 计算机科学 2014-12-03 Nicolas T. Courtois , Lear Bahack

Cryptocurrency exchanges are frequently targeted and compromised by cyber-attacks, which may lead to significant losses for the depositors and closure of the affected exchanges. These risks threaten the viability of the entire public…

密码学与安全 · 计算机科学 2019-04-23 Benjamin Johnson , Aron Laszka , Jens Grossklags , Tyler Moore

Proof-of-Work mining is intended to provide blockchains with robustness against double-spend attacks. However, an economic analysis that follows from Budish (2018), which considers free entry conditions together with the ability to rent…

密码学与安全 · 计算机科学 2020-02-26 Daniel J. Moroz , Daniel J. Aronoff , Neha Narula , David C. Parkes

Blockchain technology transformed the digital sphere by providing a transparent, secure, and decentralized platform for data security across a range of industries, including cryptocurrencies and supply chain management. Blockchain's…

密码学与安全 · 计算机科学 2023-06-22 Bilash Saha , Md Mehedi Hasan , Nafisa Anjum , Sharaban Tahora , Aiasha Siddika , Hossain Shahriar

Traffic monetization is a crucial component of running most for-profit online businesses. One of its latest incarnations is cryptocurrency mining, where a website instructs the visitor's browser to participate in building a cryptocurrency…

密码学与安全 · 计算机科学 2020-06-25 Ivan Petrov , Luca Invernizzi , Elie Bursztein

In the area of blockchain, numerous methods have been proposed for suppressing intentional forks by attackers more effectively than the random rule. However, all of them, except for the random rule, require major updates, rely on a trusted…

密码学与安全 · 计算机科学 2025-01-03 Akira Sakurai , Kazuyuki Shudo

Smart grids leverage the data collected from smart meters to make important operational decisions. However, they are vulnerable to False Data Injection (FDI) attacks in which an attacker manipulates meter data to disrupt the grid…

密码学与安全 · 计算机科学 2022-02-10 Daniel Reijsbergen , Aung Maw , Tien Tuan Anh Dinh , Wen-Tai Li , Chau Yuen

Mining is the important part of the blockchain used the proof of work (PoW) on its consensus, looking for the matching block through testing a number of hash calculations. In order to attract more hash computing power, the miner who finds…

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