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One decade ago, Bitcoin was introduced, becoming the first cryptocurrency and establishing the concept of "blockchain" as a distributed ledger. As of today, there are many different implementations of cryptocurrencies working over a…

神经与进化计算 · 计算机科学 2019-07-26 Alejandro Baldominos , Yago Saez

We present a novel framework for analyzing blockchain consensus mechanisms by modeling blockchain growth as a Partially Observable Stochastic Game (POSG) which we reduce to a set of Partially Observable Markov Decision Processes (POMDPs)…

计算机科学与博弈论 · 计算机科学 2026-01-12 Yanni Georghiades , Takashi Tanaka , Sriram Vishwanath

Proof-of-Stake systems randomly choose, on each round, one of the participants as a consensus leader that extends the chain with the next block such that the selection probability is proportional to the owned stake. However, distributed…

密码学与安全 · 计算机科学 2020-05-20 Mansoor Ahmed-Rengers , Kari Kostiainen

Although proof of work (PoW) consensus dominates the current blockchain-based systems mostly, it has always been criticized for the uneconomic brute-force calculation. As alternatives, energy-conservation and energy-recycling mechanisms…

密码学与安全 · 计算机科学 2022-11-03 Shengling Wang , Lina Shi , Hongwei Shi , Yifang Zhang , Qin Hu , Xiuzhen Cheng

Autonomous vehicles are capable of sensing their environment and navigating without any human inputs. However, when autonomous vehicles are involved in accidents between themselves or with human subjects, liability must be indubitably…

网络与互联网体系结构 · 计算机科学 2018-09-14 Hao Guo , Ehsan Meamari , Chien-Chung Shen

We lay the foundations for a blockchain scheme, whose consensus is reached via a proof of work algorithm based on the solution of consecutive discrete logarithm problems over the point group of elliptic curves. In the considered…

密码学与安全 · 计算机科学 2021-11-19 Alessio Meneghetti , Massimiliano Sala , Daniele Taufer

Blockchain consensus is a state whereby each node in a network agrees on the current state of the blockchain. Existing protocols achieve consensus via a contest or voting procedure to select one node as a dictator to propose new blocks.…

理论经济学 · 经济学 2022-06-22 Joshua S. Gans , Richard Holden

We propose a proof-of-work algorithm that rewards blockchain miners for using computational resources to solve NP-complete puzzles. The resulting blockchain will publicly store and improve solutions to problems with real world applications…

分布式、并行与集群计算 · 计算机科学 2017-09-05 Carlos G. Oliver , Alessandro Ricottone , Pericles Philippopoulos

The Metaverse is rapidly evolving, bringing us closer to its imminent reality. However, the widespread adoption of this new automated technology poses significant research challenges in terms of authenticity, integrity, interoperability,…

密码学与安全 · 计算机科学 2023-07-21 Khadija Manzoor , Umara Noor , Zahid Rashid

Current blockchain technologies provide very limited means of interoperability. In particular, solutions enabling blockchains to verify the existence of data on other blockchains are either very costly or are not fully decentralized. To…

密码学与安全 · 计算机科学 2020-03-02 Philipp Frauenthaler , Marten Sigwart , Christof Spanring , Stefan Schulte

This paper presents an empirical analysis of Steemit, a key representative of the emerging incentivized social media platforms over Blockchains, to understand and evaluate the actual level of decentralization and the practical effects of…

社会与信息网络 · 计算机科学 2021-02-03 Chao Li , Balaji Palanisamy

Play-to-earn is one of the prospective categories of decentralized applications. The play-to-earn projects combine blockchain technology with entertaining games and finance, attracting various participants. While huge amounts of capital…

密码学与安全 · 计算机科学 2022-11-03 Jingfan Yu , Mengqian Zhang , Xi Chen , Zhixuan Fang

Blockchain as an emerging technology has transformed many traditional and conventional ecosystems and business models. Publication review system is one of the interesting subjects for transformation. The conventional models of publication…

计算机与社会 · 计算机科学 2021-12-22 Omid Fatahi Valilai

Recently, the blockchain technique was put in the spotlight as it introduced a systematic approach for multiple parties to reach consensus without needing trust. However, the application of this technique in practice is severely restricted…

分布式、并行与集群计算 · 计算机科学 2017-07-17 Zhijie Ren , Kelong Cong , Johan Pouwelse , Zekeriya Erkin

Blockchain has many benefits including decentralization, availability, persistency, consistency, anonymity, auditability and accountability, and it also covers a wide spectrum of applications ranging from cryptocurrency, financial services,…

计算工程、金融与科学 · 计算机科学 2018-10-02 Quan-Lin Li , Jing-Yu Ma , Yan-Xia Chang

The growing number of implementations of blockchain systems stands in stark contrast with still limited research on a systematic comparison of performance characteristics of these solutions. Such research is crucial for evaluating…

分布式、并行与集群计算 · 计算机科学 2022-08-25 Bulat Nasrulin , Martijn De Vos , Georgy Ishmaev , Johan Pouwelse

Blockchain protocols differ in fundamental ways, including the mechanics of selecting users to produce blocks (e.g., proof-of-work vs. proof-of-stake) and the method to establish consensus (e.g., longest chain rules vs. Byzantine…

分布式、并行与集群计算 · 计算机科学 2021-02-05 Andrew Lewis-Pye , Tim Roughgarden

This paper proposes a model that enables permissionless and decentralized networks for complex computations. We explore the integration and optimize load balancing in an open, decentralized computational network. Our model leverages…

计算金融 · 定量金融 2025-01-03 German Rodikov

We develop a continuous-time control approach to optimal trading in a Proof-of-Stake (PoS) blockchain, formulated as a consumption-investment problem that aims to strike the optimal balance between a participant's (or agent's) utility from…

综合经济学 · 经济学 2023-06-13 Wenpin Tang , David D. Yao

Blockchain and general purpose distributed ledgers are foundational technologies which bring significant innovation in the infrastructures and other underpinnings of our socio-economic systems. These P2P technologies are able to securely…

分布式、并行与集群计算 · 计算机科学 2021-06-17 Claudio J. Tessone , Paolo Tasca , Flavio Iannelli