Concept

Double-spending

Related publications (15)

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Blockchain systems often rely on rationality assumptions for their security, expecting that nodes are motivated to maximize their profits. These systems thus design their protocols to incentivize nodes to execute the honest protocol but fail to consider ou ...

Cham2024

A Use Case Oriented Survey of Self-Sovereign Identity

With self-sovereign identity (SSI), we stand at a crossroads that is leading society to a new kind of digital identity. Under this new paradigm, users no longer have to remember a username and a password; instead they gain full power on the information tha ...

2022

As the volume of produced data is exponentially increasing, companies tend to rely on distributed systems to meet the surging demand for storage capacity. With the business workflows becoming more and more complex, such systems often consist of or are acce ...

IEEE COMPUTER SOC2021

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We address the problem of online payments, where users can transfer funds among themselves. We introduce Astro, a system solving this problem efficiently in a decentralized, deterministic, and completely asynchronous manner. Astro builds on the insight tha ...

IEEE2020

Mneme: A Mobile Distributed Ledger

Boi Faltings, Sujit Prakash Gujar, Dimitrios Chatzopoulos

Advances in mobile computing have paved the way for new types of distributed applications that can be executed solely by mobile devices on device-to-device (D2D) ecosystems (e.g., crowdsensing). More sophisticated applications, like cryptocurrencies, need ...

IEEE2020

The Consensus Number of a Cryptocurrency

Rachid Guerraoui, Dragos-Adrian Seredinschi, Matej Pavlovic, Matteo Monti

Many blockchain-based algorithms, such as Bitcoin, implement a decentralized asset transfer system, often referred to as a cryptocurrency. As stated in the original paper by Nakamoto, at the heart of these systems lies the problem of preventing double-spen ...

ASSOC COMPUTING MACHINERY2019

A Scale-out Blockchain for Value Transfer with Spontaneous Sharding

Kelong Cong

Bitcoin, as well as many of its successors, require the whole transaction record to be reliably acquired by all nodes to prevent double-spending. Recently, many blockchains have been proposed to achieve scale-out throughput by letting nodes only acquire a ...

IEEE2018

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Designing a secure permissionless distributed ledger (blockchain) that performs on par with centralized payment processors, such as Visa, is a challenging task. Most existing distributed ledgers are unable to scale-out, i.e., to grow their total processing ...

2018

Proof-of-Personhood: Redemocratizing Permissionless Cryptocurrencies

Bryan Alexander Ford, Linus Gasser, Eleftherios Kokoris Kogias, Philipp Svetolik Jovanovic, Nicolas Gailly, Maria Fernanda Borge Chavez

Permissionless blockchain-based cryptocurrencies commonly use proof-of-work (PoW) or proof-of-stake (PoS) to ensure their security, e.g. to prevent double spending attacks. However, both approaches have disadvantages: PoW leads to massive amounts of wasted ...

IEEE2017

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Blockchains are increasingly attractive due to their decentralization, yet inherent limitations of high latency, in the order of minutes, and attacks on consensus cap their practicality. We introduce Blinkchain, a Byzantine consensus protocol that relies o ...

2017

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