On the Security and Performance of Proof of Work Blockchains

By Arthur Gervais, Ghassan O. Karame, Karl Wüst, Vasileios Glykantzis, H. Ritzdorf, Srdjan Čapkun. IACR Cryptology ePrint Archive, 2016

1,706 citations recorded by the source corpus.

Subfields: Artificial Intelligence, Computer Networks and Communications, Information Systems

View Paper: https://www.semanticscholar.org/paper/8b32309a7730de87a02e38c7262307245dca5274

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Citations in the corpus

BLOCKBENCH: A Framework for Analyzing Private Blockchains (2017, methodology): “Recent proposals for improving Bitcoin performance [27, 34, 37, 25, 43] have mainly focused on the consensus layer, in which analytical models or network simulations are used to validate the new designs.”
A Survey of Blockchain From the Perspectives of Applications, Challenges, and Opportunities (2019, background): “The average block creation time in Bitcoin is 10 minutes, and the block size is limited to 1 megabyte which constrains the network’s throughput [11].”
Socio-Technological Challenges and Opportunities: Paths Forward (2021, background): “…personal and political level, and propagation of human bias into AI training and use cases at-scale [Simons and Jones, 2012, Abelson et al., 2015, Gervais et al., 2016, Ahmed et al., 2017, Whittaker et al., 2018, Speicher et al., 2018, Chouldechova et al., 2018, Ekstrand et al., 2018, Selbst et…”
A Survey of Attacks on Ethereum Smart Contracts (SoK) (2017, background): “7 Note however that a recent paper [40] argues that, while uncle blocks do provide block rewards to miners, they do not contribute towards the difficulty of the main chain.”
A Survey of Distributed Consensus Protocols for Blockchain Networks (2019, background): “the malicious chain, its mining power can be further enhanced up to α+ [78].”
A Survey on Ethereum Systems Security (2019, neutral): “5) Rewards for uncle blocks (33): This vulnerability was independently reported in [95], [33], [96].”
Dissecting Ponzi schemes on Ethereum: identification, analysis, and impact (2017, background): “The execution of contracts is guaranteed to be correct, as long as the adversary does not control a very large portion of the computational power of the network [13].”
Performance Benchmarking and Optimizing Hyperledger Fabric Blockchain Platform (2018, background): “There has been considerable interest in the scalability and performance characteristics of public blockchain networks and specifically the limiting factor of the consensus protocol and its security implications [31], [23].”
Quantifying Blockchain Extractable Value: How dark is the forest? (2021, background): “In particular, from the 10th to the 11th of August 2020 (Block 10630000-10640000), we identiﬁed 49 smart contract addresses attempting to extract value simultaneously.”
A Blockchain Research Framework (2017, background): “Generally, it has been established that the proof-of-work based consensus mechanism applied by Bitcoin developers – as a prominent blockchain application example – sacriﬁces a substantial amount of transaction speed and volume for little incremental security (Gervais et al. 2016).”
A Survey on the Security of Blockchain Systems (2017, background): “Being the foundation to building consensus and trust for blockchain, the block propagation mechanisms can be divided into the following categories [27, 28, 68]: (1).”
A Survey on Consensus Mechanisms and Mining Strategy Management in Blockchain Networks (2018, background): “In [131]–[133], a Markov Decision Process (MDP) model is proposed to generalize such a process of policy derivation.”
Non-Fungible Token (NFT): Overview, Evaluation, Opportunities and Challenges (2021, methodology): “Blockchain was originally proposed by Nakamoto [98], where Bitcoin uses the proof of work (PoW) [87] algorithm to reach an agreement on transaction data in a decentralized network.”