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We present parallel proof-of-work with DAG-style voting, a novel proof-of-work cryptocurrency protocol that, compared to Bitcoin, provides better consistency guarantees, higher transaction throughput, lower transaction confirmation latency,…

密码学与安全 · 计算机科学 2023-12-07 Patrik Keller

Blockchain plays an important role in cryptocurrency markets and technology services. However, limitations on high latency and low scalability retard their adoptions and applications in classic designs. Reconstructed blockchain systems have…

密码学与安全 · 计算机科学 2022-11-01 Qin Wang , Jiangshan Yu , Shiping Chen , Yang Xiang

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 propose LazyLedger, a design for distributed ledgers where the blockchain is optimised for solely ordering and guaranteeing the availability of transaction data. Responsibility for executing and validating transactions is shifted to only…

密码学与安全 · 计算机科学 2019-06-11 Mustafa Al-Bassam

This paper presents an approach to using decentralized distributed digital (DDD) ledgers like blockchain with multi-level verification. In regular DDD ledgers like Blockchain, only a single level of verification is available, which makes it…

密码学与安全 · 计算机科学 2024-09-30 Ayush Thada , Aanchal Kandpal , Dipanwita Sinha Mukharjee

Recent developments in the Byzantine Fault Tolerant consensus protocols have shown the DAG-based protocols to be a very promising technique. While early implementations of DAG-based protocols such as Narwhal/Bullshark trade high throughput…

分布式、并行与集群计算 · 计算机科学 2024-08-27 Andrey Chursin

Validators on generic Proof of Stake chains earn the same fees whether they handle attestation work correctly or selectively censor it. For chains whose main activity is moving tokens around, that indifference is fine. For chains whose…

密码学与安全 · 计算机科学 2026-05-26 Stefan Stefanović

This paper presents Thinkey, an efficient, secure, infinitely scalable and decentralized blockchain architecture. It ensures system correctness and liveness by a multi-layer structure. In particular, the system is based on a double-chain…

密码学与安全 · 计算机科学 2019-04-11 Shan Chen , Weiguo Dai , Yuanxi Dai , Hao Fu , Yang Gao , Jianqi Guo , Haoqing He , Yuhong Liu

Today's blockchain landscape is severely fragmented as more and more heterogeneous blockchain platforms have been developed in recent years. These blockchain platforms are not able to interact with each other or with the outside world since…

密码学与安全 · 计算机科学 2021-11-22 Michael Sober , Giulia Scaffino , Christof Spanring , Stefan Schulte

Users of blockchains value scalability, expecting fast confirmations and immediate transaction processing. Odontoceti, the latest in DAG-based consensus, addresses these concerns by prioritizing low latency and high throughput, making a…

分布式、并行与集群计算 · 计算机科学 2025-10-30 Preston Vander Vos

Given the parallels between game theory and consensus, it makes sense to intelligently design blockchain or DAG protocols with an incentive-compatible-first mentality. To that end, we propose a new blockchain or DAG protocol enhancement…

计算机科学与博弈论 · 计算机科学 2018-04-19 Drew Stone

Layer 2 systems have received increasing attention due to their potential to scale the throughput of L1 blockchains. To avoid the cost of putting data on chain, these systems increasingly turn to off-chain data availability solutions such…

密码学与安全 · 计算机科学 2023-06-21 Ertem Nusret Tas , Dan Boneh

In this paper, we present Talaria, a novel permissioned blockchain simulator that supports numerous protocols and use cases, most notably in supply chain management. Talaria extends the capability of BlockSim, an existing blockchain…

密码学与安全 · 计算机科学 2021-04-01 Jiali Xing , David Fischer , Nitya Labh , Ryan Piersma , Benjamin C. Lee , Yu Amy Xia , Tuhin Sahai , Vahid Tarokh

The public blockchain was originally conceived to process monetary transactions in a peer-to-peer network while preventing double-spending. It has since been extended to numerous other applications including execution of programs that exist…

密码学与安全 · 计算机科学 2018-08-03 John Adler , Ryan Berryhill , Andreas Veneris , Zissis Poulos , Neil Veira , Anastasia Kastania

Blockmania is a byzantine consensus protocol. Nodes emit blocks forming a directed acyclic graph (block DAG) that is subsequently interpreted by each node separately to ensure consensus with safety, liveness and finality. The resulting…

密码学与安全 · 计算机科学 2018-09-26 George Danezis , David Hrycyszyn

Sharding is essential for improving blockchain scalability. Existing protocols overlook diverse adversarial attacks, limiting transaction throughput. This paper presents Reticulum, a groundbreaking sharding protocol addressing this issue,…

密码学与安全 · 计算机科学 2024-07-16 Yibin Xu , Jingyi Zheng , Boris Düdder , Tijs Slaats , Yongluan Zhou

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

We introduce the theoretical foundations of the Tangle 2.0, a probabilistic leaderless consensus protocol based on a directed acyclic graph (DAG) called the Tangle. The Tangle naturally succeeds the blockchain as its next evolutionary step…

分布式、并行与集群计算 · 计算机科学 2022-10-13 Sebastian Müller , Andreas Penzkofer , Nikita Polyanskii , Jonas Theis , William Sanders , Hans Moog

Bitcoin is a decentralised digital currency that serves as an alternative to existing transaction systems based on an external central authority for security. Although Bitcoin has many desirable properties, one of its fundamental…

密码学与安全 · 计算机科学 2019-10-07 Georgios Birmpas , Elias Koutsoupias , Philip Lazos , Francisco J. Marmolejo-Cossío

We study binary decision-making in governance councils of Decentralized Autonomous Organizations (DAOs), where experts choose between two alternatives on behalf of the organization. We introduce an information structure model for such…

计算机科学与博弈论 · 计算机科学 2026-04-14 Nuno Braz , Miguel Correia , Diogo Poças