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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

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

The Internet of Things (IoT) is applied in various fields, and the number of physical devices connected to the IoT is increasingly growing. There are significant challenges to the IoT's growth and development, mainly due to the centralized…

密码学与安全 · 计算机科学 2025-08-27 Faezeh Dehghan Tarzjani , Mostafa Salehi

Decentralisation is one of the promises introduced by blockchain technologies: fair and secure interaction amongst peers with no dominant positions, single points of failure or censorship. Decentralisation, however, appears difficult to be…

分布式、并行与集群计算 · 计算机科学 2019-11-20 Andrea Bracciali , Davide Grossi , Ronald de Haan

Voting methods weighted by stakes are the fundamental governance paradigm in Proof-of-Stake (PoS) blockchains. Such a paradigm is known to be prone to power distortions: a few users possessing large stakes may completely control decision…

人工智能 · 计算机科学 2026-05-20 Yuzhe Zhang , Manvir Schneider , Qin Wang , Davide Grossi

The security of blockchain systems depends on the distribution of mining power across participants. If sufficient mining power is controlled by one entity, they can force their own version of events. This may allow them to double spend…

密码学与安全 · 计算机科学 2024-03-21 Mary Milad , Christina Ovezik , Dimitris Karakostas , Daniel W. Woods

A blockchain is a decentralized ledger where all transactions are recorded. For having a reliable blockchain and double-spending prevention, we need a decentralized consensus and agreement on a blockchain. Bitcoin uses proof-of-work (PoW).…

密码学与安全 · 计算机科学 2019-05-06 Siamak Solat

Decentralization is a fundamental design element of the Web3 economy. Blockchains and distributed consensus mechanisms are touted as fault-tolerant, attack-resistant, and collusion-proof because they are decentralized. Recent analyses,…

网络与互联网体系结构 · 计算机科学 2026-04-15 Harang Ju , Madhav Kumar , Ehsan Valavi , Sinan Aral

Blockchain consensus mechanisms must balance security, decentralization, and efficiency while ensuring fair participation. Proof of Team Sprint (PoTS) is a cooperative consensus mechanism designed to address the energy inefficiencies and…

分布式、并行与集群计算 · 计算机科学 2025-03-26 Naoki Yonezawa

Proof-of-stake (PoS) has emerged as a natural alternative to the resource-intensive Proof-of-Work (PoW) blockchain, as was recently seen with the Ethereum Merge. PoS-based blockchains require an initial stake distribution among the…

计算机科学与博弈论 · 计算机科学 2024-04-16 Varul Srivastava , Sankarshan Damle , Sujit Gujar

The blockchain initially gained traction in 2008 as the technology underlying bitcoin, but now has been employed in a diverse range of applications and created a global market worth over $150B as of 2017. What distinguishes blockchains from…

密码学与安全 · 计算机科学 2017-11-15 Shehar Bano , Alberto Sonnino , Mustafa Al-Bassam , Sarah Azouvi , Patrick McCorry , Sarah Meiklejohn , George Danezis

The blockchain data structure maintained via the longest-chain rule---popularized by Bitcoin---is a powerful algorithmic tool for consensus algorithms. Such algorithms achieve consistency for blocks in the chain as a function of their depth…

密码学与安全 · 计算机科学 2019-11-25 Erica Blum , Aggelos Kiayias , Cristopher Moore , Saad Quader , Alexander Russell

Blockchain has been regarded as a promising technology for Internet of Things (IoT), since it provides significant solutions for decentralized network which can address trust and security concerns, high maintenance cost problem, etc. The…

分布式、并行与集群计算 · 计算机科学 2019-07-24 Bin Cao , Yixin Li , Lei Zhang , Long Zhang , Shahid Mumtaz , Zhenyu Zhou , Mugen Peng

Blockchain consensus mechanisms have relied on algorithms such as Proof-of-Work (PoW) and Proof-of-Stake (PoS) to ensure network functionality and integrity. However, these approaches struggle with adaptability for decision-making where the…

多智能体系统 · 计算机科学 2026-02-10 Apurba Pokharel , Ram Dantu , Shakila Zaman , Vinh Quach , Sirisha Talapuru

We describe MaGPoS, a novel consensus mechanism which is well suited to decentralized blockchain based protocols. MaGPoS is based on a combination of the well known physics of nano-scale magnetism, and previous implementations of proof of…

分布式、并行与集群计算 · 计算机科学 2019-06-20 Tommy Mckinnon

Blockchain has become a popular decentralized paradigm for various applications in the zero-trust environment. The core of the blockchain is the consensus protocol, which establishes consensus among all the participants. PoW (Proof-of-Work)…

密码学与安全 · 计算机科学 2023-08-30 Peiran Wang

The proof-of-work consensus protocol suffers from two main limitations: waste of energy and offering only probabilistic guarantees about the status of the blockchain. This paper introduces SklCoin, a new Byzantine consensus protocol and its…

密码学与安全 · 计算机科学 2020-08-18 Zakwan Jaroucheh , Baraq Ghaleb , William J Buchanan

Consensus protocols used today in blockchains often rely on computational power or financial stakes - scarce resources. We propose a novel protocol using social capital - trust and influence from social interactions - as a non-transferable…

密码学与安全 · 计算机科学 2025-11-06 Juraj Mariani , Ivan Homoliak

We introduce Unity, a new consensus algorithm for public blockchain settings. Unity is an eventual consistency protocol merging the Proof-of-Work (PoW) and Proof-of-Stake (PoS) into a coherent stochastic process. It encompasses hardware and…

密码学与安全 · 计算机科学 2019-06-10 Yulong Wu , Yunfei Zha , Yao Sun

Decentralization has been touted as the principal security advantage which propelled blockchain systems at the forefront of developments in the financial technology space. Its exact semantics nevertheless remain highly contested and…

密码学与安全 · 计算机科学 2024-04-16 Christina Ovezik , Dimitris Karakostas , Aggelos Kiayias