~ similar to 2606.05503v1· 20 results
The paper proposes 'inertial mining,' a novel protocol that ensures miners follow the intended Bitcoin rules by making the protocol an economic equilibrium, thereby preventing profitable deviations li…
The paper analyzes the potential market impact of a large, unknown Bitcoin holder (the Satoshi overhang) and concludes that the mechanical downside risk is bounded, suggesting the terminal states are…
The paper analyzes transaction fee mechanisms in modern blockchains that use parallel execution and contingency, proving an inherent trade-off between minimizing risks for users and maximizing revenue…
The paper introduces Temporary Power Adjusting Withholding (T-PAW), a generalized and more potent block withholding attack than the existing PAW attack, demonstrating that this attack can yield signif…
The paper analyzes transaction selection strategies in DAG-based distributed ledgers using game theory, finding that Collaborative Fee Sharing (CFS) achieves superior performance compared to Random Fe…
This paper models transaction fee dynamics on blockchains by treating the transaction queue as a priority queue, providing analytical insights into how user delay costs influence fees.
The paper proposes a dual-regime architecture combining Bernoulli CUSUM and asymmetric scoring to significantly improve trust fraud detection in sparse rating networks, achieving superior performance…
The paper proposes a hash-based commit-reveal alternative to minimize the infrastructural overhead associated with adopting large post-quantum signature schemes in blockchain transactions.
The paper designs an optimal mechanism for soliciting expensive computational tasks in adversarial blockchain environments, showing that the loss of optimality scales logarithmically with the cost of…
Intercloud proposes a decentralized economic network that achieves eventual consistency and security using a novel 'chilling-effect consensus' mechanism, eliminating the need for global coordination.
This paper critically re-evaluates the use of Graph Neural Networks (GNNs) for Bitcoin fraud detection, demonstrating that under strict, leakage-free temporal evaluation, simple feature-only models si…
The paper proposes Proof of Useful Attestation (PoUA), a consensus mechanism that weights validator vote power not just by staked capital, but also by a reputation score earned through performing vali…
This paper models Ethereum's mempool as a dynamic scheduling problem using an MDP, showing that dynamic pricing stabilizes the system and maximizes long-run rewards, and that the optimal policy conver…
The paper analyzes and documents various double-dip reward abuse attacks that exploit flaws in how cashback and reward engines handle transaction refunds, proposing formal invariants and defensive alg…
This paper proposes a self-adaptive block creation process for blockchain systems that automatically optimizes configurations to reduce transaction latency by predicting performance based on workload…
This paper develops a formal economic framework to assess the security of VDF-based randomness beacons, demonstrating that many proposed delays are economically insecure due to rational, profit-motiva…
This empirical study of Pearl's cuPOW protocol demonstrates that the network's Proof-of-Useful-Work mechanism generates zero useful AI computation, instead causing economic harm and displacing legitim…
This study demonstrates that the publicly distributed firmware of ASIC cryptocurrency miners constitutes a primary and sufficient attack surface, allowing attackers to reconstruct internal architectur…
The paper introduces Bitcoin Smart Accounts (BSA), a novel, trust-minimized protocol enabling native Bitcoin to participate in DeFi while maintaining self-custody of funds.
Shengchen Ling, Yihang Huang, Yuan Chen, Yajin Zhou +2 more
This paper analyzes the x402 payment protocol, revealing systemic vulnerabilities in state synchronization and signature design that allow attackers to exploit payment systems for resource leakage in…