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In this paper, we will describe a concept of a cryptocurrency issuance protocol which supports digital currencies in a Proof-of-Work (< PoW >) like manner. However, the methods assume alternative utilization of assets used for…

综合金融 · 定量金融 2019-01-16 Tim Shuliar , Nikita Goldsmit

In the rapidly evolving field of crypto assets, white papers are essential documents for investor guidance, and are now subject to unprecedented content requirements under the European Union's Markets in Crypto-Assets Regulation (MiCAR).…

计算机与社会 · 计算机科学 2023-10-26 Carolina Camassa

Proof-of-Work (PoW) is a popular blockchain consensus algorithm that is used in cryptocurrencies like Bitcoin in which hashing operations are repeated until the resulting hash has certain properties. This approach uses lots of computational…

密码学与安全 · 计算机科学 2022-09-09 Felix Hoffmann

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

Cryptocurrencies that are based on Proof-of-Work (PoW) often rely on special purpose hardware to perform so-called mining operations that secure the system, with miners receiving freshly minted tokens as a reward for their work. A notable…

密码学与安全 · 计算机科学 2023-10-20 Aviv Yaish , Aviv Zohar

The consensus protocol is the core of a blockchain system which guarantees its secure and stable operation. Proof of Activity (PoA) is a consensus protocol that tries to address some of the issues pertinent to the most widely used…

Proof-of-Work (PoW) is a popular consensus protocol used by Bitcoin since its inception. PoW has the well-known flaw of assigning all the reward to the single miner (or pool) that inserts the new block. This has the consequence of making…

分布式、并行与集群计算 · 计算机科学 2022-07-13 Danilo Bazzanella , Andrea Gangemi

We introduce Bitcoin-IPC, a software stack and protocol that scales Bitcoin towards helping it become the universal Medium of Exchange (MoE) by enabling the permissionless creation of fully programmable Proof-of-Stake (PoS) Layer-2 chains,…

分布式、并行与集群计算 · 计算机科学 2026-04-22 Marko Vukolić , Orestis Alpos , Jakov Mitrovski , Themis Papameletiou , Nikola Ristić , Dionysis Zindros

Bitcoin is a popular cryptocurrency that records alltransactions in a distributed append-only public ledger calledblockchain. The security of Bitcoin heavily relies on the incentive-compatible proof-of-work (PoW) based distributed consensus…

密码学与安全 · 计算机科学 2018-06-05 Mauro Conti , Sandeep Kumar E , Chhagan Lal , Sushmita Ruj

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

Blockchain technology, and more specifically Bitcoin (one of its foremost applications), have been receiving increasing attention in the scientific community. The first publications with Bitcoin as a topic, can be traced back to 2012. In…

数字图书馆 · 计算机科学 2019-06-24 Ignasi Merediz-Solà , Aurelio F. Bariviera

The BIX protocol is a blockchain-based protocol that allows distribution of certificates linking a subject with his public key, hence providing a service similar to that of a PKI but without the need of a CA. In this paper we analyze the…

密码学与安全 · 计算机科学 2016-07-29 Riccardo Longo , Federico Pintore , Giancarlo Rinaldo , Massimiliano Sala

A blockchain and smart contract enabled security mechanism for IoT applications has been reported recently for urban, financial, and network services. However, due to the power-intensive and a low-throughput consensus mechanism in existing…

分布式、并行与集群计算 · 计算机科学 2019-09-25 Ronghua Xu , Yu Chen , Erik Blasch , Genshe Chen

The educational system manages extensive documentation and paperwork, which can lead to human errors and sometimes abuse or fraud, such as the falsification of diplomas, certificates or other credentials. In fact, in the last years,…

分布式、并行与集群计算 · 计算机科学 2025-04-02 Gabriel Fernández-Blanco , Iván Froiz-Míguez , Paula Fraga-Lamas , Tiago M. Fernández-Caramés

Proof-of-Work (PoW) blockchains have emerged as a robust and effective consensus mechanism in open environments, leading to widespread deployment with numerous cryptocurrency platforms and substantial investments. However, the commonly…

密码学与安全 · 计算机科学 2024-05-15 Andrea Merlina , Thiago Garrett , Roman Vitenberg

Designed to compete with fiat currencies, bitcoin proposes it is a crypto-currency alternative. Bitcoin makes a number of false claims, including: solving the double-spending problem is a good thing; bitcoin can be a reserve currency for…

计算工程、金融与科学 · 计算机科学 2018-07-06 Brian P. Hanley

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

Bitcoin is the first of its kind, a truly decentralized and anonymous cryptocurrency. To realize it, it has developed blockchain technology using the concept of `Proof of Work' (PoW). The miners, nodes responsible for writing transaction…

密码学与安全 · 计算机科学 2022-10-14 Yash Chaurasia , Visvesh Subramanian , Sujit Gujar

Blockchains provide a mechanism through which mutually distrustful remote parties can reach consensus on the state of a ledger of information. With the great acceleration with which this space is developed, the demand for those seeking to…

信息检索 · 计算机科学 2023-05-18 Rodrigo Veiga , Markus Endler , Valeria de Paiva

Proofs of Concept (PoCs) are widely adopted practices in software engineering. Despite their relevance, PoCs remain conceptually underdefined and methodologically ad hoc in both research and industry, with definitions and implementation…

软件工程 · 计算机科学 2026-04-08 Bruno Fernando Antognolli , Fabio Petrillo
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