Blockchain Papers

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Sep 3, 2024·arXiv (Cornell University)
0 cites
Benchmarking ZK-Friendly Hash Functions and SNARK Proving Systems for EVM-compatible Blockchains

Hanze Guo, Yebo Feng, Cong Wu, Zengpeng Li · 5 authors

With the rapid development of Zero-Knowledge Proofs (ZKPs), particularly Succinct Non-Interactive Arguments of Knowledge (SNARKs), benchmarking various ZK tools has become a valuable task. ZK-friendly hash functions, as key algorithms in blockchain, have garnered significant attention. Therefore, comprehensive benchmarking and evaluations of these evolving algorithms in ZK circuits present both promising opportunities and challenges. Additionally, we focus on a popular ZKP application, privacy-preserving transaction protocols, aiming to leverage SNARKs' cost-efficiency through "batch processing" to address high on-chain costs and compliance issues. To this end, we benchmarked three SNARK proving systems and five ZK-friendly hash functions, including our self-developed circuit templates for Poseidon2, Neptune, and GMiMC, on the bn254 curve within the circom-snarkjs framework. We also introduced the role of "sequencer" in our SNARK-based privacy-preserving transaction scheme to enhance efficiency and enable flexible auditing. We conducted privacy and security analyses, as well as implementation and evaluation on Ethereum Virtual Machine (EVM)-compatible chains. The results indicate that Poseidon and Poseidon2 demonstrate superior memory usage and runtime during proof generation under Groth16. Moreover, compared to the baseline, Poseidon2 not only generates proofs faster but also reduces on-chain costs by 73% on EVM chains and nearly 26% on Hedera. Our work provides a benchmark for ZK-friendly hash functions and ZK tools, while also exploring cost efficiency and compliance in ZKP-based privacy-preserving transaction protocols.

Open access
2 source records
cs.CR
Distributed systems and fault tolerance
Blockchain Technology Applications and Security
Original source
Aug 31, 2024·International Journal of Applied Information Systems
6 cites
UTILIZING BLOCKCHAIN TECHNOLOGY FOR UNIVERSITY CERTIFICATE VERIFICATION SYSTEM

Olaiya Samuel Oluwaseyi, Raphael Olufemi Akinyede

In the contemporary digital age, the authentication and verification of academic certificates have become increasingly vital yet challenging due to issues such as fraud, forgery, and the inefficiencies of traditional paper-based systems.This paper explored the implementation of blockchain technology as a robust solution for university certificate verification systems.Blockchain's decentralized, immutable ledger offers unparalleled security, transparency, and trust, making it an ideal framework for certifying academic credentials.By leveraging blockchain, universities can issue tamper-proof digital certificates that are easily verifiable by employers and other stakeholders, eliminating the need for intermediaries.This system enhances the reliability of academic records, reduces administrative burdens, and accelerates the verification process.Moreover, the paper discusses the technical architecture of a blockchain-based certificate system, including smart contracts, cryptographic techniques, and distributed consensus mechanisms.The paper analyze case studies of existing implementations to highlight the practical benefits and challenges encountered.The findings suggest that blockchain technology not only fortifies the integrity of academic certifications but also paves the way for a more efficient, transparent, and globally accessible verification infrastructure.This transformative approach has the potential to set new standards in academic administration and significantly curb credential fraud on a global scale.

Open access
Cloud Data Security Solutions
Blockchain Technology Applications and Security
Cloud Computing and Resource Management
Original source
Aug 29, 2024·Future Internet
30 cites
A Survey on Data Availability in Layer 2 Blockchain Rollups: Open Challenges and Future Improvements

Muhammad Bin Saif, Sara Migliorini, Fausto Spoto

Layer 2 solutions have emerged in recent years as a valuable alternative to increase the throughput and scalability of blockchain-based architectures. The three primary types of Layer 2 solutions are state channels, sidechains, and rollups. The rollups are particularly promising, allowing significant improvements in transaction throughput, security, and efficiency, and have been adopted by many real-world projects, such as Polygon and Optimistic. However, the adoption of Layer 2 solutions has led to other challenges, such as the data availability problem, where transaction data processed off-chain must be posted back on the main chain. This is crucial to prevent data withholding attacks and ensure all participants can independently verify the blockchain state. This paper provides a comprehensive survey of existing rollup-based Layer 2 solutions with a focus on the data availability problem and discusses the major advantages and disadvantages of them. Finally, an analysis of open challenges and future research directions is provided.

Open access
Blockchain Technology Applications and Security
Cloud Data Security Solutions
Cloud Computing and Resource Management
Original source
Aug 6, 2024·Cluster Computing
2 cites
The impact of connectivity and software in Ethereum validator performance

Mikel Cortes-Goicoechea, Tarun Mohandas-Daryanani, José L. Muñoz, Leonardo Bautista-Gomez

Abstract 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 sustainable, shifting to PoS without sacrificing the security and resilience of PoW, Ethereum offers a range of consensus client implementations to participate in the network. In this paper, we present a methodology to measure the performance of the consensus clients based on the latency to receive messages from the p2p network. The paper includes a study that identifies the incentives and limitations that the network experiences, presenting insights about the latency impact derived from running the different consensus implementations at different locations. Our study highlights the need for a holistic approach to node deployment, where hardware, software, and geographic factors have to be carefully considered. Properly dimensioned hardware is essential to mitigate latency-related performance issues and ensure the reliable operation of beacon nodes, especially in geographically distant locations.

Open access
2 source records
Blockchain Technology Applications and Security
Cloud Computing and Resource Management
Security and Verification in Computing
Original source
Jul 26, 2024·Proceedings of the 2024 Asia Pacific Conference on Computing Technologies, Communications and Networking
12 cites
Big Data: Past, Present, and Future Insights

Hemn Barzan Abdalla, Ardalan Husin Awlla, Yulia Kumar, Maryam Cheraghy

This paper presents a comprehensive analysis of the historical progression, current trends, and prospects of Big Data. It explores the technological advancements that have established Big Data as a critical element of contemporary analytics, its extensive impact across various sectors, and the ethical challenges it poses. Beginning with the early recognition of Big Data's potential in the 2000s, the paper traces the development of foundational technologies such as Hadoop and the subsequent diversification of tools and methods. It delves into the integration of advanced analytics and machine learning, the rise of cloud-based Big Data services, and the transformative effects on sectors including healthcare, finance, agriculture, and education. The study also examines ethical considerations such as privacy, bias, transparency, and regulatory compliance, emphasizing the need for robust governance frameworks. It investigates the potential of emerging technologies like AI, IoT, and quantum computing to enhance Big Data capabilities further. It highlights future directions, including decentralized data ecosystems, advanced analytical techniques, and enhanced data privacy measures. By providing a panoramic view of Big Data's development, this paper aims to showcase its potential to revolutionize decision-making processes, improve operational efficiency, and drive innovation across industries; it underscores the importance of balancing technological innovation with ethical responsibility to ensure positive societal advancement and global progress. To add a novelty to the discussion, an AI agent Big D was created to provide a relevant analysis of trends in Big Data. The agent uses a multimodal ChatGPT-4o Large Language Model (LLM) from OpenAI and provides its review based on uploaded files and LLM knowledge.

Open access
Big Data and Business Intelligence
Big Data Technologies and Applications
Cloud Computing and Resource Management
Original source
Jul 22, 2024·Applied Sciences
14 cites
Providing Security for Flash Loan System Using Cryptocurrency Wallets Supported by XSalsa20 in a Blockchain Environment

Mishall Al-Zubaidie, Wid Alaa Jebbar

The days of long lines at banks and piles of paperwork are long gone. The lending landscape has been completely transformed by digital loans, which provide a quick, easy, and frequently paperless transactions. A payee can apply for a digital loan anytime, anywhere. The entire lending procedure is accessible and efficient, but the availability of data on the Internet provides many risks and threats, where there are certain difficulties in the world of digital lending and data security, and privacy are major concerns. It is important to address the possibility of predatory lending practices that target weaker payees, especially with flash loans, which are considered a critical type of digital loan, as they add additional pressure to banks in terms of security because they return to the same block of the blockchain, and the possibility of tampering with them is considered great. Therefore, we have developed a security protocol based on the principle of digital cryptocurrency wallets: these digital wallets are protected by our use of the Xsalsa20 algorithm. It has high specifications and is enhanced with the usage of the Crow search algorithm, which guarantees fast and efficient search results. After the analysis of the proposed system in the Tamarin Prover tool, we obtained proof of a lot of security properties like data authenticity, perfect forward secrecy, and many others, which constitute the matter that gives our system the power of security. Also, we obtained 0.6667 ms. as the rate of processing speed, 2990 ms. as the time required by the proposed system to repay loans after the conditions are met, and, finally, our proposed system has the power to present a flexible property by creating 29,700 loans every 3 s; by this, we obtained a system that is secure, authentic, fast, and flexible.

Open access
Blockchain Technology Applications and Security
FinTech, Crowdfunding, Digital Finance
Cloud Computing and Resource Management
Original source
Jul 21, 2024·Jornada de Atualização em Informática 2024
4 cites
Finanças Descentralizadas em Redes Blockchain: Perspectivas sobre Pesquisa e Inovação em Aplicações, Interoperabilidade e Segurança

Josué N. Campos, Ronan D. Mendonça, Alexandre Fontinele, Luís H. S. de Carvalho · 11 authors

The support for smart contracts in blockchain networks has led to the emergence of a decentralized and automated finance ecosystem, DeFi (Decentralized Finance).The DeFi ecosystem aims to enhance traditional financial services through token trading, to reduce intermediaries and barriers to credit, and to broaden access to financial services in the context of the decentralized web.In this chapter, we provide an in-depth discussion of three essential and driving aspects of the DeFi ecosystem: (1) innovative applications, (2) interoperability between blockchain networks, and (3) security of the decentralized protocols that rule blockchain.In this sense, we currently present the fundamentals and practical examples of the most popular DeFi applications.We also discuss state-of-the-art research focusing on the three aspects above that will support the growth of DeFi in the coming years.

Open access
Blockchain Technology Applications and Security
IoT and Edge/Fog Computing
Cloud Computing and Resource Management
Original source
Jul 17, 2024·arXiv
3 cites
Automated Gateways: A Smart Contract-Powered Solution for Interoperability Across Blockchains

Koosha Esmaeilzadeh Khorasani, Sara Rouhani, Rui Pan, Vahid Pourheidari

Interoperability is a significant challenge in blockchain technology, hindering seamless data and service sharing across diverse blockchain networks. This study introduces Automated Gateways as a novel framework leveraging smart contracts to facilitate interoperability. Unlike existing solutions, which often require adopting new technologies or relying on external services, Automated Gateways framework is integrated directly with a blockchain's core infrastructure to enhance systems with built-in interoperability features. By implementing fine-grained access control mechanisms, smart contracts within this framework manage accessibility and authorization for cross-chain interactions and facilitate streamlining the selective sharing of services between blockchains. Our evaluation demonstrates the framework's capability to handle cross-chain interactions efficiently, significantly reduce operational complexities, and uphold transactional integrity and security across different blockchain networks. With its focus on user-friendliness, self-managed permissions, and independence from external platforms, this framework is designed to achieve broader adoption within the blockchain community.

Open access
2 source records
Blockchain Technology Applications and Security
Digital Platforms and Economics
Cloud Computing and Resource Management
Original source
Jul 16, 2024·Proceedings of Blockchain Kaigi 2023 (BCK23)
1 cites
Stochastic Modeling of UTXOs in Bitcoin Graphs

Shinya Hirata, Tomoyuki Shirai

No abstract is available for this record.

Open access
Blockchain Technology Applications and Security
Cloud Computing and Resource Management
Data Stream Mining Techniques
Original source
Jul 15, 2024·Research Square
3 cites
Advancing Blockchain-Enabled InterPlanetary File System with Substrate for Distributed Data Storage

Thandile Nododile, Clement Nyirenda

In addressing the significant challenges caused by the expansion of data storage needs in blockchain systems, this paper explores the integration of the InterPlanetary File System (IPFS) with Substrate-based blockchain. By leveraging IPFS for off-chain storage and Substrate for on-chain operations, this system addresses the key challenges such as bloated storage, inefficiency, and accessibility while preserving data distribution and privacy. Through a comparative analysis with an Ethereum-based system, this study reveals significant advantages of the Substrate-IPFS solution. There is a significant reduction in data storage size and faster block confirmation times, leading to potentially lower transaction costs. The proposed approach enhances data privacy through the use of the Blake2 hashing algorithm. Overall, this research showcases the potential of Substrate-IPFS integration in overcoming the limitations of traditional blockchain storage approaches. Further exploration into the storage cost optimisation within the Substrate framework and additional functionalities using modular pallets could pave the way for significant advancements in the distributed data storage.

Open access
2 source records
Distributed and Parallel Computing Systems
Cloud Computing and Resource Management
Advanced Data Storage Technologies
Original source
Jul 11, 2024·arXiv (Cornell University)
1 cites
BriDe Arbitrager: Enhancing Arbitrage in Ethereum 2.0 via Bribery-enabled Delayed Block Production

Hulin Yang, Mingzhe Li, Jin Zhang, Alia Asheralieva · 6 authors

The advent of Ethereum 2.0 has introduced significant changes, particularly the shift to Proof-of-Stake consensus. This change presents new opportunities and challenges for arbitrage. Amidst these changes, we introduce BriDe Arbitrager, a novel tool designed for Ethereum 2.0 that leverages Bribery-driven attacks to Delay block production and increase arbitrage gains. The main idea is to allow malicious proposers to delay block production by bribing validators/proposers, thereby gaining more time to identify arbitrage opportunities. Through analysing the bribery process, we design an adaptive bribery strategy. Additionally, we propose a Delayed Transaction Ordering Algorithm to leverage the delayed time to amplify arbitrage profits for malicious proposers. To ensure fairness and automate the bribery process, we design and implement a bribery smart contract and a bribery client. As a result, BriDe Arbitrager enables adversaries controlling a limited (< 1/4) fraction of the voting powers to delay block production via bribery and arbitrage more profit. Extensive experimental results based on Ethereum historical transactions demonstrate that BriDe Arbitrager yields an average of 8.66 ETH (16,442.23 USD) daily profits. Furthermore, our approach does not trigger any slashing mechanisms and remains effective even under Proposer Builder Separation and other potential mechanisms will be adopted by Ethereum.

Open access
3 source records
Blockchain Technology Applications and Security
Cloud Computing and Resource Management
Scheduling and Optimization Algorithms
Original source
Jul 10, 2024·International Journal of Computing and Engineering
21 cites
The Impact of Edge Computing on Real-Time Data Processing

Brian Kelly

Purpose: The study sought to explore the impact of edge computing on real-time data processing. Methodology: The study adopted a desktop research methodology. Desk research refers to secondary data or that which can be collected without fieldwork. Desk research is basically involved in collecting data from existing resources hence it is often considered a low cost technique as compared to field research, as the main cost is involved in executive’s time, telephone charges and directories. Thus, the study relied on already published studies, reports and statistics. This secondary data was easily accessed through the online journals and library. Findings: The findings reveal that there exists a contextual and methodological gap relating to the impact of edge computing on real-time data processing. Preliminary empirical review reveled that edge computing significantly reduced latency and enhanced efficiency in real-time data processing across various industries by bringing computational resources closer to data sources. It highlighted the technology's ability to handle large volumes of IoT-generated data, improve security by localizing data processing, and drive innovation and economic growth through new applications and services. Edge computing's decentralized approach proved essential for reliable and robust data handling, particularly in critical sectors like healthcare and finance, ultimately solidifying its importance in the digital transformation landscape. Unique Contribution to Theory, Practice and Policy: The Diffusion of Innovations Theory, Resource-Based View (RBV) and Sociotechnical Systems Theory may be used to anchor future studies on edge computing on real-time data processing. The study recommended expanding theoretical frameworks to include the unique aspects of edge computing, investing in robust edge infrastructure, and developing standardized protocols and best practices. It emphasized the need for government incentives and supportive regulatory frameworks to promote adoption, and suggested that academic institutions incorporate edge computing into curricula. Additionally, the study called for ongoing research to address emerging challenges and opportunities, ensuring continuous advancement and effective implementation of edge computing technologies.

Open access
Cloud Computing and Resource Management
Original source
Jul 9, 2024·Future Internet
35 cites
Blockchain Financial Statements: Innovating Financial Reporting, Accounting, and Liquidity Management

Natalia Dashkevich, Steve Counsell, Giuseppe Destefanis

The complexity and interconnection within the financial ecosystem demand innovative solutions to improve transparency, security, and efficiency in financial reporting and liquidity management, while also reducing accounting fraud. This paper presents Blockchain Financial Statements (BFS), an innovative accounting system designed to address accounting fraud, reduce data manipulation, and misrepresentation of company financial claims, by enhancing availability of the real-time and tamper-proof accounting data, underpinned by a verifiable approach to financial transactions and reporting. The primary goal of this research is to design, develop, and validate a blockchain-based accounting prototype—the BFS system—that can automate transformation of transactional data, generated by traditional business activity into comprehensive financial statements. Incorporating a Design Science Research Methodology with Domain-Driven Design, this study constructs a BFS artefact that harmonises accounting standards with blockchain technology and business orchestration. The resulting Java implementation of the BFS system demonstrates successful integration of blockchain technology into accounting practices, showing potential in real-time validation of transactions, immutable record-keeping, and enhancement of transparency and efficiency of financial reporting. The BFS framework and implementation signify an advancement in the application of blockchain technology in accounting. It offers a functional solution that enhances transparency, accuracy, and efficiency of financial transactions between banks and businesses. This research underlines the necessity for further exploration into blockchain’s potential within accounting systems, suggesting a promising direction for future innovations in tamper-evident financial reporting and liquidity management.

Open access
Blockchain Technology Applications and Security
FinTech, Crowdfunding, Digital Finance
Cloud Computing and Resource Management
Original source
Jul 6, 2024·The Journal of British Blockchain Association
10 cites
Ethereum 2.0 Hard Fork: Consensus Change and Market Efficiency

Joongho Ahn, Eojin Yi, Moonsoo Kim

This study investigates the impact of consensus mechanism changes on cryptocurrency markets within the framework of the efficient market hypothesis, focusing on Ethereum’s transition from Proof-of-Work to Proof-of-Stake consensus, known as the Ethereum 2.0 ‘The Merge’ update. Two main hypotheses guide the enquiry: (i) ‘The Merge’ update will significantly enhance market efficiency and (ii) Ethereum’s updates will have a greater impact on market efficiency compared to other cryptocurrencies. Using the Hurst exponent’s R/S statistic, changes in Ethereum’s long-term memory characteristics before and after major hard forks are quantified. The analysis reveals substantial improvements in Ethereum’s market efficiency following the Ethereum 2.0 hard fork, attributed to the introduction of Proof-of-Stake, which enhanced transaction speed and built trust. These findings suggest a positive trajectory towards improved efficiency in Ethereum’s market, particularly with ‘The Merge’ update. In conclusion, this study contributes to understanding the role of consensus mechanisms in cryptocurrencies and provides insights into future market trends resulting from such changes.

Open access
Distributed and Parallel Computing Systems
Business Process Modeling and Analysis
Cloud Computing and Resource Management
Original source
Jul 1, 2024·Computer Science Journal of Moldova
3 cites
DPoSEB: Delegated Proof of Stake with Exponential Backoff Consensus Algorithm for Ethereum Blockchain

D. G. Narayan, Naveen Arali, R. Tejas

Blockchain is a technology that is rapidly gaining prominence and finding applications in various sectors such as banking, supply chain, healthcare, and e-governance. The consensus algorithm employed in a blockchain network is crucial as it directly impacts the network's performance and security. Different consensus techniques exist, including Proof of Work (PoW), Proof of Stake (PoS), Robust Proof of Stake (RPoS), and Delegate Proof of Stake (DPoS), each with its own set of advantages and disadvantages. In this work, we propose a new consensus algorithm called Delegated Proof of Stake with Exponential Back-off (DPoSEB). DPoSEB utilizes a stake-based selection of delegates and employs an exponential back-off technique to mitigate collisions among nodes within the network. Each delegate is assigned a random sleep time, and the node with the shortest wake-up time is chosen to mine the block for that particular round. However, collisions among nodes can still occur. To provide a fair chance for each delegate node, collided nodes are assigned an exponential back-off time. We implement our proposed algorithm on an Ethereum-based private blockchain network. To evaluate the effectiveness of our proposed work, we compare it with existing consensus mechanisms such as PoS (version 2) and Delegated RPOS with downgrading (DDRPOS) using different scenarios in terms of transaction latency, waiting time, and fairness as evaluation metrics. The results reveal that DPoSEB performs better than POS and DDRPOS.

Open access
Blockchain Technology Applications and Security
Cloud Computing and Resource Management
IoT and Edge/Fog Computing
Original source
Jun 26, 2024·IEEE Software
16 cites
The Blockchain Trilemma: An Evaluation Framework

Giovanni Quattrocchi, Filippo Scaramuzza, Damian A. Tamburri

Bitcoin and Ethereum, respectively the first and the second generations of blockchains, exhibit two main problems, mostly connected to the increase of network traffic and load onto their respective networking and service models: scalability and interoperability. To solve these issues, several technologies have been introduced—thus paving the way to the so-called third-generation blockchains—which are divided into three main categories: (1) Layer 1 solutions, (2) rollups, and (3) side-chains. We present a validated framework for the evaluation and comparison of these categories, based on the three main non-functional aspects—reflecting therefore a trilemma—that discriminate their use for the design and orchestration of complex blockchain-oriented service applications, namely: scalability, decentralization, and security.

Open access
Blockchain Technology Applications and Security
Cloud Computing and Resource Management
Peer-to-Peer Network Technologies
Original source
Jun 22, 2024·Revista Electronica de Veterinaria
0 cites
Assessing Absolute Distributed Data Scheduling Functions in Global Grid-Based Cloud Computing

Preeta Rajiv Sivaraman

In global grid-based cloud computing settings, performance optimization depends on effective data scheduling. The usefulness of the absolute distributed data scheduling function in controlling resource allocation, load balancing, and data dissemination across heterogeneous cloud infrastructures is assessed in this study. By taking into account variables including data locality, processing capacity, and network latency, we evaluate the function's capacity to increase system throughput while reducing scheduling overhead. Simulations that compare to current scheduling models show gains in fault tolerance, scalability, and efficiency. High-performance cloud computing is advanced by the findings, which offer insights on optimizing distributed scheduling systems. Cloud security is crucial for attracting customers and protecting data privacy. Online attackers disrupt cloud services, leading to financial growth for cloud-based organizations. Various methodologies are reviewed to develop strong security mechanisms for cloud computing, but machine learning is not enough. This research focuses on high-level technologies like Block chain and Quantum computing with Machine Learning (ML) concepts and algorithm conceptions like deep neural networks and quantum neural networks. These models reduce attacks and increase user trust, benefiting cloud service providers. The research aims to eradicate issues and promote end-to-end protection and secrecy in the cloud environment. Cloud computing is an on-demand technology that provides various services like vast computing power, unlimited storage, and on-demand web services over the internet without the need for internal infrastructure. This research focuses on data security and privacy of cloud customers using various experiments. Cyber-attacks can be Denial of Services (DoS), Distributed Denial of Services (DDoS), Man In The Middle (MITM), and malware attacks. To protect the cloud system from cyber-attacks, deep learning is used to train an intelligent honeynet system that not only protects the system from DDoS attacks but also redirects attacks towards another direction. Another approach is the Quantum Neural Network (QNN) approach, which helps identify attack patterns and categorizes them into different classes of DoS/DDoS attacks. The QNN training process addresses slowing down of the cloud system and allows valid cloud customers to access their private data in cloud storage. Another approach is Zero Knowledge Proof (ZKP) technology, which verifies the authenticity of cloud users by polarizing photons at a specific angle. This verifier model allows cloud customers to access sensitive data and only cloud services provided by the cloud service provider. Blockchain, a powerful security framework, is used to address increasing security vulnerabilities. The Quantum-Blockchain framework incorporates the quantum superimposition principle to prevent data tampering, ensuring data privacy and data security. This research aims to address intrusion detection and data storage security challenges in the cloud computing environment using collaborative efforts from Machine Learning and advanced technologies like Quantum Computing and Blockchain. The cloud manifesto and security alliance need to be standardized to ensure privacy and security. Current research is limited due to lack of security and privacy standards between cloud vendors and users. Future studies should focus on advanced technologies like hybrid cloud, artificial intelligence, quantum computing, data mining, machine learning, big data, and cryptography to enhance security and prevent cyber-attacks.

Open access
Distributed and Parallel Computing Systems
Cloud Computing and Resource Management
Original source
Jun 21, 2024·IEEE Transactions on Services Computing
17 cites
EDCOMA: Enabling Efficient Double Compressed Auditing for Blockchain-Based Decentralized Storage

Haiyang Yu, Yurun Chen, Zhen Yang, Yuwen Chen · 5 authors

Blockchain technology, known for its decentralized and immutable nature, serves as the foundation for various applications. As a prominent application of blockchain, decentralized storage is powered by blockchain technology and is expected to provide a reliable and cost-effective alternative to traditional centralized storage. A major challenge in blockchain-powered decentralized storage is how to guarantee the quality of storage services in decentralized storage nodes (DSNs). Storage auditing can ensure the integrity and security of the stored data. Unfortunately, it incurs additional computational costs for data owners and extra storage overheads for DSNs, which thereby cannot be directly applied to decentralized storage networks consisting of nodes with various computation and storage capacity. In this article, we overcome these problems and minimize additional burdens in storage auditing. We propose EDCOMA, a computation and storage efficient auditing scheme for blockchain-based decentralized storage, in which a double compression method is designed to compress data authenticators using both data and polynomial commitment. To prevent replay attacks on double compression launched by DSNs, we introduce zero knowledge proof and design a compression arithmetic circuit to guarantee the execution of compression operations in DSNs. We analyze the security of EDCOMA under the random oracle model and conduct extensive experiments to evaluate the performance of EDCOMA. Experimental results affirm that EDCOMA outperforms state-of-the-art approaches in both computational and storage efficiency.

Open access
Blockchain Technology Applications and Security
Caching and Content Delivery
Cloud Computing and Resource Management
Original source
Jun 19, 2024·arXiv
22 cites
Advancing Blockchain Scalability: An Introduction to Layer 1 and Layer 2 Solutions

Song Han, Zhongche Qu, Yihao Wei

Bitcoin's rise has put blockchain technology into the mainstream, amplifying its potential and broad utility. While Bitcoin has become incredibly famous, its transaction rate has not match such a corresponding increase. It still takes approximately 10 minutes to mine a block and add it to the chain. This limitation highlights the importance of seeking scale-up solutions that solve the low throughput transaction rates. Blockchain's consensus mechanisms make peer-to-peer transactions becomes feasible and effectively eliminate the need for centralized control. However, the decentralized systems also causes a lower speed and throughput compared to centralized networks as we mentioned Bitcoin's block creation rates. Two mainstreams scale-up solutions, Layer 1 scale-up and Layer 2 scale-up have been implemented to address these issues. Layer 1 level scalability enhancements happen at where traditional blockchain operates. This paper provides a deep examination of the components of the Layer 1 protocol and the scale-up methods that directly improve the lower level blockchain. We also address that Layer 1 solutions encounter inherent limitations although improvements were applied due to layer 1 storage costs and latency are high. In addition, we discuss layer 2 protocols, advanced scalability techniques, that elevate blockchain performance by handling transactions off the mainnet. Our findings indicate that Layer 2 protocols, with their various implementations such as rollups and channels, significantly outperform Layer 1 solutions in terms of transaction throughput and efficiency. This paper discusses these Layer 2 scaling methods in detail, aiming to provide readers with a comprehensive understanding of these protocols and the underlying logic that drives their effectiveness.

Open access
2 source records
cs.CR
Blockchain Technology Applications and Security
Cloud Computing and Resource Management
Original source
Jun 14, 2024·Applied Sciences
11 cites
Application and Evaluation of a Blockchain-Centric Platform for Smart Badge Accreditation in Higher Education Institutions

Christos Kontzinos, Evangelos Karakolis, Panagiotis Kokkinakos, Stavros Skalidakis · 6 authors

Since its conceptualization in 2008, blockchain technology has advanced rapidly and been applied in multiple domains. In higher education, blockchain can be applied to develop ICT systems that can revolutionize student accreditation through certificate verification and micro-accreditations, which represent skills and other learning outcomes, in the form of digital/smart badges. While there are multiple studies that highlight the significance of blockchain in higher education and propose digital systems, few of those studies include the evaluation of such proposed systems by real users. As such, the research question of how useful a higher education blockchain system would be for its relevant stakeholders remains largely unanswered. In the research publication at hand, a blockchain-powered higher education platform was applied in the School of Electrical and Computer Engineering of the National Technical University of Athens, where it was used and evaluated by students and professors at the school. The evaluation of the platform was positive, and participants found that the smart badge functionality was among the most useful. Finally, the execution and evaluation of the pilot led to several lessons learned and policy recommendations towards dealing with existing barriers and further promoting blockchain in higher education.

Open access
Blockchain Technology Applications and Security
Blockchain Technology in Education and Learning
Cloud Computing and Resource Management
Original source
Jun 10, 2024·Wiley
3 cites
Decentralized Virtual Research Environment: Empowering Peer-to-Peer Trustworthy Data Sharing and Collaboration

Yuandou Wang, Siamak Farshidi, Sheejan Tripathi, Zhiming Zhao

Context: Scientific research, increasingly reliant on data and computational analysis, confronts the challenge of integrating collaboration and data sharing across disciplines. Collaborative frameworks that support decentralized decision-making and knowledge-sharing are essential, yet integrating them into computational environments presents technical challenges, such as decentralized identity, user-centered policy-making, flexible asset management, automated provenance, and distributed collaborative workflow management. Solution: This study introduces a conceptual framework and its prototype implementation called Decentralized Virtual Research Environment (D-VRE). This approach enhances seamless, trusted data sharing and collaboration within research lifecycles. It incorporates custom sharing policies, secure asset management, collaborative workflows, and research activity tracking, all without centralized oversight. Evaluation: Demonstrated through a real-world case study in the CLARIFY project, the prototype of the decentralized virtual research environment proved effective in enabling advanced data sharing and collaborative scenarios, showcasing its adaptability in scientific research. Results: Integrated into JupyterLab, D-VRE supports custom collaboration agreements and smart contract-based automated execution on the Ethereum blockchain. This ensures secure, verifiable transactions and promotes trust and reliability in shared research findings. Contribution: D-VRE addresses barriers to scientific research collaboration and data sharing, offering a scalable and adaptable decentralized model. This model promotes a more inclusive, efficient, and trustworthy research ecosystem, paving the way for future advancements in virtual research environments.

Open access
2 source records
Scientific Computing and Data Management
Blockchain Technology Applications and Security
Cloud Computing and Resource Management
Original source
Jun 7, 2024·Computers
1 cites
Unlocking Blockchain UTXO Transactional Patterns and Their Effect on Storage and Throughput Trade-Offs

David Melo, Saúl E. Pomares Hernández, Lil María Rodríguez-Henríquez, Julio César Pérez-Sansalvador

Blockchain technology ensures record-keeping by redundantly storing and verifying transactions on a distributed network of nodes. Permissionless blockchains have pushed the development of decentralized applications (DApps) characterized by distributed business logic, resilience to centralized failures, and data immutability. However, storage scalability without sacrificing throughput is one of the remaining open challenges in permissionless blockchains. Enhancing throughput often compromises storage, as seen in projects such as Elastico, OmniLedger, and RapidChain. On the other hand, solutions seeking to save storage, such as CUB, Jidar, SASLedger, and SE-Chain, reduce the transactional throughput. To our knowledge, no analysis has been performed that relates storage growth to transactional throughput. In this article, we delve into the execution of the Bitcoin and Ethereum transactional models, unlocking patterns that represent any transaction on the blockchain. We reveal the trade-off between transactional throughput and storage. To achieve this, we introduce the spent-by relation, a new abstraction of the UTXO model that utilizes a directed acyclic graph (DAG) to reveal the patterns and allows for a graph with granular information. We then analyze the transactional patterns to identify the most storage-intensive ones and those that offer greater flexibility in the throughput/storage trade-off. Finally, we present an analytical study showing that the UTXO model is more storage-intensive than the account model but scales better in transactional throughput.

Open access
Blockchain Technology Applications and Security
Cloud Computing and Resource Management
Distributed systems and fault tolerance
Original source