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The popularity of digital currencies, especially cryptocurrencies, has been continuously growing since the appearance of Bitcoin. Bitcoin's security lies in a proof-of-work scheme, which requires high computational resources at the miners.…

密码学与安全 · 计算机科学 2017-11-28 Dimitris Chatzopoulos , Sujit Gujar , Boi Faltings , Pan Hui

Blockchain like Bitcoin and Ethereum suffer from scalability issues. Sharding is one of the most promising and leading solutions to scale blockchain. The basic idea behind sharding is to divide the blockchain network into multiple…

密码学与安全 · 计算机科学 2021-04-16 Hafid Abdelatif , Senhaji Hafid Abdelhakim , Samih Mustapha

A blockchain, such as Bitcoin, is an append-only, secure, transparent, distributed ledger. A fair blockchain is expected to have healthy metrics; high honest mining power, low processing latency, i.e., low wait times for transactions and…

密码学与安全 · 计算机科学 2020-03-03 Shoeb Siddiqui , Ganesh Vanahalli , Sujit Gujar

The world-changing blockchain technique provides a novel method to establish a secure, trusted and decentralized system for solving the security and personal privacy problems in Industrial Internet of Things (IIoT) applications. The mining…

密码学与安全 · 计算机科学 2020-11-30 Xingjian Ding , Jianxiong Guo , Deying Li , Weili Wu

Quantum computers, that may become available one day, would impact many scientific fields, most notably cryptography since many asymmetric primitives are insecure against an adversary with quantum capabilities. Cryptographers are already…

量子物理 · 物理学 2017-03-08 Marc Kaplan , Gaëtan Leurent , Anthony Leverrier , María Naya-Plasencia

Mining fairness in blockchain refers to equality between the computational resources invested in mining and the block rewards received. There exists a dilemma wherein increasing the transaction processing capacity of a blockchain…

密码学与安全 · 计算机科学 2025-09-10 Akira Sakurai , Kazuyuki Shudo

The Lightning Network promises to alleviate Bitcoin's known scalability problems. The operation of such second layer approaches relies on the ability of participants to turn to the blockchain to claim funds at any time, which is assumed to…

密码学与安全 · 计算机科学 2020-08-28 Jona Harris , Aviv Zohar

Bitcoin as well as other cryptocurrencies are all plagued by the impact from bifurcation. Since the marginal cost of bifurcation is theoretically zero, it causes the coin holders to doubt on the existence of the coin's intrinsic value. This…

综合经济学 · 经济学 2019-04-11 Zhiyong Tu , Lan Ju

Bitcoin and Ethereum are the top two blockchain-based cryptocurrencies whether from cryptocurrency market cap or popularity. However, they are vulnerable to selfish mining and stubborn mining due to that both of them adopt Proof-of-Work…

密码学与安全 · 计算机科学 2021-12-07 Runkai Yang , Xiaolin Chang , Jelena Mišić , Vojislav B. Mišić

We argue that the current POW based consensus algorithm of the Bitcoin network suffers from a fundamental economic discrepancy between the real world transaction (txn) costs incurred by miners and the wealth that is being transacted. Put…

数值分析 · 数学 2024-04-24 Valdemar Melicher

We present and validate a novel mathematical model of the blockchain mining process and use it to conduct an economic evaluation of the double-spend attack, which is fundamental to all blockchain systems. Our analysis focuses on the value…

密码学与安全 · 计算机科学 2016-11-22 George Bissias , Brian Neil Levine , A. Pinar Ozisik , Gavin Andresen

In this paper, we explore the partitioning attacks on the Bitcoin network, which is shown to exhibit spatial bias, and temporal and logical diversity. Through data-driven study we highlight: 1) the centralization of Bitcoin nodes across…

网络与互联网体系结构 · 计算机科学 2019-02-12 Muhammad Saad , Victor Cook , Lan Nguyen , My T. Thai , Aziz Mohaisen

Quantum computing holds the potential to provide speedups in solving complex problems that are currently difficult for classical computers. However, the realization of this potential is hindered by the issue of current hardware reliability,…

量子物理 · 物理学 2025-04-29 Shay Manor , Millan Kumar , Priyank Behera , Azain Khalid , Oliver Zeng

Blockchain Sharding is a blockchain performance enhancement approach. By splitting a blockchain into several parallel-run committees (shards), it helps increase transaction throughput, reduce computational resources required, and increase…

分布式、并行与集群计算 · 计算机科学 2023-02-06 Yibin Xu , Jianhua Shao , Yangyu Huang , Tijs Slaats , Boris Düdder

The blocks in the Bitcoin blockchain record the amount of work W that went into creating them through proofs of work. When honest parties control a majority of the work, consensus is achieved by picking the chain with the highest recorded…

密码学与安全 · 计算机科学 2025-08-05 Mirza Ahad Baig , Christoph U. Günther , Krzysztof Pietrzak

Grover's search algorithm is one of the first quantum algorithms to exhibit a provable quantum advantage. It forms the backbone of numerous quantum applications and is widely used in benchmarking efforts. Here, we report…

量子物理 · 物理学 2022-11-10 Bibek Pokharel , Daniel Lidar

While advances in quantum computing promise new opportunities for scientific advancement (e.g., material science and machine learning), many people are not aware that they also threaten the widely deployed cryptographic algorithms that are…

计算机与社会 · 计算机科学 2021-01-06 Matt Campagna , Brian LaMacchia , David Ott

In January 3, 2009, Satoshi Nakamoto gave rise to the "Bitcoin Block Chain" creating the first block of the chain hashing on his computers central processing unit (CPU). Since then, the hash calculations to mine Bitcoin have been getting…

交易与市场微观结构 · 定量金融 2017-02-08 Luisanna Cocco , Michele Marchesi

We perform logical and physical resource estimation for computing binary elliptic curve discrete logarithms using Shor's algorithm on fault-tolerant quantum computers. We adopt a windowed approach to design our circuit implementation of the…

量子物理 · 物理学 2025-09-01 Michael Garn , Angus Kan

Proof-of-work computation used in cryptocurrencies has witnessed significant growth in the U.S. and many other regions around the world. One of the most significant bottlenecks for the scalable deployment of such computation is its energy…

系统与控制 · 电气工程与系统科学 2023-03-14 Ali Menati , Yuting Cai , Rayan El Helou , Chao Tian , Le Xie