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This paper investigates the fundamental trade-offs between block safety, confirmation latency, and transaction throughput of proof-of-work (PoW) longest-chain fork-choice protocols, also known as PoW Nakamoto consensus. New upper and lower…

密码学与安全 · 计算机科学 2024-12-05 Shu-Jie Cao , Dongning Guo

Blockchain technology emerged with the advent of Bitcoin and rapidly developed over the past few decades, becoming widely accepted and known by the public. However, in the past decades, the massive adoption of blockchain technology has yet…

密码学与安全 · 计算机科学 2024-07-26 Jia Kan

Existing blockchain systems scale poorly because of their distributed consensus protocols. Current attempts at improving blockchain scalability are limited to cryptocurrency. Scaling blockchain systems under general workloads (i.e.,…

分布式、并行与集群计算 · 计算机科学 2019-03-13 Hung Dang , Tien Tuan Anh Dinh , Dumitrel Loghin , Ee-Chien Chang , Qian Lin , Beng Chin Ooi

The Nakamoto consensus protocol underlying the Bitcoin blockchain uses proof of work as a voting mechanism. Honest miners who contribute hashing power towards securing the chain try to extend the longest chain they are aware of. Despite its…

密码学与安全 · 计算机科学 2025-05-22 Mirza Ahad Baig , Krzysztof Pietrzak

We calculate the probability of success of block-hiding mining strategies in Bitcoin-like networks. These strategies involve building a secret branch of the block-tree and publishing it opportunistically, aiming to replace the top of the…

密码学与安全 · 计算机科学 2014-02-19 Assaf Shomer

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

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

Increasing popularity of trading digital assets can lead to significant delays in Blockchain networks when processing transactions. When transaction fees become miners' primary revenue, an imbalance in reward may lead to miners adopting…

密码学与安全 · 计算机科学 2023-04-03 Gerui Zhang , Xiongfei Zhao , Yain-Whar Si

The exponential growth of the blockchain size has become a major contributing factor that hinders the decentralisation of blockchain and its potential implementations in data-heavy applications. In this paper, we propose segment blockchain,…

密码学与安全 · 计算机科学 2020-01-22 Yibin Xu , Yangyu Huang

The Nakamoto longest chain protocol is remarkably simple and has been proven to provide security against any adversary with less than 50% of the total hashing power. Proof-of-stake (PoS) protocols are an energy efficient alternative;…

密码学与安全 · 计算机科学 2020-02-25 Vivek Bagaria , Amir Dembo , Sreeram Kannan , Sewoong Oh , David Tse , Pramod Viswanath , Xuechao Wang , Ofer Zeitouni

A proof of the security of the Bitcoin protocol is made rigorous, and simplified in certain parts. A computational model in which an adversary can delay transmission of blocks by time $\Delta$ is considered. The protocol is generalized to…

密码学与安全 · 计算机科学 2026-04-17 Christopher Blake , Chen Feng , Xuechao Wang , Qianyu Yu

In a Proof-of-Work blockchain such as Bitcoin mining hashrate is increasing in the block reward. An increase in hashrate reduces network vulnerability to attack (a reduction in security cost) while increasing carbon emissions and…

密码学与安全 · 计算机科学 2025-08-25 Daniel Aronoff

Blockchain, the technology behind the popular Bitcoin, is considered a "security by design" system as it is meant to create security among a group of distrustful parties yet without a central trusted authority. The security of blockchain…

密码学与安全 · 计算机科学 2020-09-02 Yang Xiao , Ning Zhang , Wenjing Lou , Y. Thomas Hou

Blokchain is a promising technology to enable distributed and reliable data sharing at the network edge. The high security in blockchain is undoubtedly a critical factor for the network to handle important data item. On the other hand,…

分布式、并行与集群计算 · 计算机科学 2022-12-09 Yixin Li , Liang Liang , Yunjian Jia , Wanli Wen , Chaowei Tang , Zhengchuan Chen

As an emerging service framework built by combining cryptography, P2P network, consensus mechanism and innovative contract technology, blockchain has been widely used in digital finance, data sharing, message traceability and electronic…

密码学与安全 · 计算机科学 2025-08-05 Wenwen Zhou , Dongyang Lyu , Xiaoqi Li

After the success of the Bitcoin blockchain, came several cryptocurrencies and blockchain solutions in the last decade. Nonetheless, Blockchain-based systems still suffer from low transaction rates and high transaction processing latencies,…

密码学与安全 · 计算机科学 2022-11-01 Ankit Gangwal , Haripriya Ravali Gangavalli , Apoorva Thirupathi

Proof-of-Work~(PoW) based blockchains typically allocate only a tiny fraction (e.g., less than 1% for Ethereum) of the average interarrival time~($\mathbb{I}$) between blocks for validating transactions. A trivial increase in validation…

密码学与安全 · 计算机科学 2021-06-03 Sourav Das , Nitin Awathare , Ling Ren , Vinay Joseph Ribeiro , Umesh Bellur

Nakamoto consensus are the most widely adopted decentralized consensus mechanism in cryptocurrency systems. Since it was proposed in 2008, many studies have focused on analyzing its security. Most of them focus on maximizing the profit of…

密码学与安全 · 计算机科学 2025-10-30 Junjie Hu , Sisi Duan

Consensus protocols play a pivotal role to balance security and efficiency in blockchain systems. In this paper, we propose an evaluation framework for blockchain consensus protocols termed as AlphaBlock. In this framework, we compare the…

分布式、并行与集群计算 · 计算机科学 2020-07-28 Haitao Xiang , Zhijie Ren , Ziheng Zhou , Ning Wang , Hanqing Jin

Blockchain is a novel technology that is rising a lot of interest in the industrial and re- search sectors because its properties of decentralisation, immutability and data integrity. Initially, the underlying consensus mechanism has been…

密码学与安全 · 计算机科学 2018-05-10 Stefano De Angelis