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The high electricity consumption of cryptocurrencies that rely on proof-of-work (PoW) consensus algorithms has raised serious environmental concerns due to its association with carbon emissions and strain on energy grids. There has been…

分布式、并行与集群计算 · 计算机科学 2024-07-23 Elitsa Pankovska , Ashish Rajendra Sai , Harald Vranken , Alan Ransil

As transaction fees skyrocket today, blockchains become increasingly expensive, hurting their adoption in broader applications. This work tackles the saving of transaction fees for economic blockchain applications. The key insight is that…

密码学与安全 · 计算机科学 2022-10-11 Yibo Wang , Yuzhe Tang

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

In September 2022, Ethereum transitioned from Proof-of-Work (PoW) to Proof-of-Stake (PoS) during "the merge" - making it the largest PoS cryptocurrency in terms of market capitalization. With this work, we present a comprehensive…

分布式、并行与集群计算 · 计算机科学 2023-09-25 Dominic Grandjean , Lioba Heimbach , Roger Wattenhofer

Modern public blockchains like Ethereum rely on p2p networks to run distributed and censorship-resistant applications. With its wide adoption, it operates as a highly critical public ledger. On its transition to become more scalable and…

网络与互联网体系结构 · 计算机科学 2023-09-26 Mikel Cortes-Goicoechea , Tarun Mohandas-Daryanani , Jose Luis Munoz-Tapia , Leonardo Bautista-Gomez

This paper presents a multi-contract blockchain framework for inter-provider agreements in 6G networks, emphasizing performance analysis under a realistic Proof-of-Stake (PoS) setting on Ethereum's Sepolia testnet. We begin by quantifying…

网络与互联网体系结构 · 计算机科学 2025-04-02 Farhana Javed , Josep Mangues-Bafalluy

Popular distributed ledger technology (DLT) systems using proof-of-work (PoW) for Sybil attack resistance have extreme energy requirements, drawing stern criticism from academia, businesses, and the media. DLT systems building on…

分布式、并行与集群计算 · 计算机科学 2022-04-05 Moritz Platt , Johannes Sedlmeir , Daniel Platt , Paolo Tasca , Jiahua Xu , Nikhil Vadgama , Juan Ignacio Ibañez

On September 15, 2022, the Ethereum network adopted a proof-of-stake (PoS) consensus mechanism. We study the impact on the network and competing platforms in a two month event window around the Beacon chain merge. We find that the…

交易与市场微观结构 · 定量金融 2023-03-01 Elie Kapengut , Bruce Mizrach

The distributed consensus mechanism is the backbone of the rapidly developing blockchain network. Blockchain platforms consume vast amounts of electricity based on the current consensus mechanism of Proof of Work. Here, we point out an…

计算机与社会 · 计算机科学 2022-01-19 Xiaoyang Shi , Hang Xiao , Weifeng Liu , Xi Chen , Klaus. S. Lackner , Vitalik Buterin , Thomas F. Stocker

As 6G networks evolve, inter-provider agreements become crucial for dynamic resource sharing and network slicing across multiple domains, requiring on-demand capacity provisioning while enabling trustworthy interaction among diverse…

网络与互联网体系结构 · 计算机科学 2025-03-04 Farhana Javed , Josep Mangues-Bafalluy

Ethereum 2.0, as the preeminent smart contract blockchain platform, guarantees the precise execution of applications without third-party intervention. At its core, this system leverages the Proof-of-Stake (PoS) consensus mechanism, which…

综合经济学 · 经济学 2025-08-11 Tao Yan , Shengnan Li , Benjamin Kraner , Luyao Zhang , Claudio J. Tessone

Popular Ethereum wallets (like MetaMask) entrust centralized infrastructure providers (e.g., Infura) to run the consensus client logic on their behalf. As a result, these wallets are light-weight and high-performant, but come with security…

密码学与安全 · 计算机科学 2023-10-26 Shresth Agrawal , Joachim Neu , Ertem Nusret Tas , Dionysis Zindros

Scalability is a common issue among the most used permissionless blockchains, and several approaches have been proposed to solve this issue. Tackling scalability while preserving the security and decentralization of the network is a…

密码学与安全 · 计算机科学 2023-11-10 Mikel Cortes-Goicoechea , Tarun Mohandas-Daryanani , Jose L. Muñoz-Tapia , Leonardo Bautista-Gomez

Blockchain applications that rely on the Proof-of-Work (PoW) have increasingly become energy inefficient with a staggering carbon footprint. In contrast, energy-efficient alternative consensus protocols such as Proof-of-Stake (PoS) may…

密码学与安全 · 计算机科学 2021-01-05 Muhammad Saad , Zhan Qin , Kui Ren , DaeHun Nyang , David Mohaisen

Bitcoin blockchain uses hash-based Proof-of-Work (PoW) that prevents unwanted participants from hogging the network resources. Anyone entering the mining game has to prove that they have expended a specific amount of computational power.…

密码学与安全 · 计算机科学 2025-04-22 Diptendu Chatterjee , Avishek Majumder , Subhra Mazumdar

This paper presents a study of the Poof-of-Stake (PoW) Ethereum consensus protocol, following the recent switch from Proof-of-Work (PoS) to Proof-of-Stake within Merge upgrade. The new protocol has resulted in reduced energy consumption and…

计算机科学与博弈论 · 计算机科学 2023-05-24 Benjamin Kraner , Nicolò Vallarano , Claudio J. Tessone , Caspar Schwarz-Schilling

The Ethereum Improvement Proposal 3675 (EIP-3675) marks a significant shift, transitioning from a Proof of Work (PoW) to a Proof of Stake (PoS) consensus mechanism. This transition resulted in a staggering 99.95% decrease in energy…

数据库 · 计算机科学 2024-08-05 Umesh Bhatt , Sarvesh Pandey

Traditional public blockchain systems typically had very limited transaction throughput because of the bottleneck of the consensus protocol itself. With recent advances in consensus technology, the performance limit has been greatly lifted,…

分布式、并行与集群计算 · 计算机科学 2022-02-11 Péter Garamvölgyi , Yuxi Liu , Dong Zhou , Fan Long , Ming Wu

The Ethereum ecosystem was maintained by a distributed global network of computers that required massive amounts of computational power. Previous work on estimating the energy use and emissions of the Ethereum network has relied on top-down…

计算机与社会 · 计算机科学 2022-12-08 Kyle McDonald

With the promise of greater decentralization and sustainability, Ethereum transitioned from a Proof-of-Work (PoW) to a Proof-of-Stake (PoS) consensus mechanism. The new consensus protocol introduces novel vulnerabilities that warrant…

网络与互联网体系结构 · 计算机科学 2026-04-08 Constantine Doumanidis , Maria Apostolaki
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