678 research outputs found

    ARPA Whitepaper

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    We propose a secure computation solution for blockchain networks. The correctness of computation is verifiable even under malicious majority condition using information-theoretic Message Authentication Code (MAC), and the privacy is preserved using Secret-Sharing. With state-of-the-art multiparty computation protocol and a layer2 solution, our privacy-preserving computation guarantees data security on blockchain, cryptographically, while reducing the heavy-lifting computation job to a few nodes. This breakthrough has several implications on the future of decentralized networks. First, secure computation can be used to support Private Smart Contracts, where consensus is reached without exposing the information in the public contract. Second, it enables data to be shared and used in trustless network, without disclosing the raw data during data-at-use, where data ownership and data usage is safely separated. Last but not least, computation and verification processes are separated, which can be perceived as computational sharding, this effectively makes the transaction processing speed linear to the number of participating nodes. Our objective is to deploy our secure computation network as an layer2 solution to any blockchain system. Smart Contracts\cite{smartcontract} will be used as bridge to link the blockchain and computation networks. Additionally, they will be used as verifier to ensure that outsourced computation is completed correctly. In order to achieve this, we first develop a general MPC network with advanced features, such as: 1) Secure Computation, 2) Off-chain Computation, 3) Verifiable Computation, and 4)Support dApps' needs like privacy-preserving data exchange

    Consensus Algorithms of Distributed Ledger Technology -- A Comprehensive Analysis

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    The most essential component of every Distributed Ledger Technology (DLT) is the Consensus Algorithm (CA), which enables users to reach a consensus in a decentralized and distributed manner. Numerous CA exist, but their viability for particular applications varies, making their trade-offs a crucial factor to consider when implementing DLT in a specific field. This article provided a comprehensive analysis of the various consensus algorithms used in distributed ledger technologies (DLT) and blockchain networks. We cover an extensive array of thirty consensus algorithms. Eleven attributes including hardware requirements, pre-trust level, tolerance level, and more, were used to generate a series of comparison tables evaluating these consensus algorithms. In addition, we discuss DLT classifications, the categories of certain consensus algorithms, and provide examples of authentication-focused and data-storage-focused DLTs. In addition, we analyze the pros and cons of particular consensus algorithms, such as Nominated Proof of Stake (NPoS), Bonded Proof of Stake (BPoS), and Avalanche. In conclusion, we discuss the applicability of these consensus algorithms to various Cyber Physical System (CPS) use cases, including supply chain management, intelligent transportation systems, and smart healthcare.Comment: 50 pages, 20 figure

    A PoW-less Bitcoin with Certified Byzantine Consensus

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    Distributed Ledger Technologies (DLTs), when managed by a few trusted validators, require most but not all of the machinery available in public DLTs. In this work, we explore one possible way to profit from this state of affairs. We devise a combination of a modified Practical Byzantine Fault Tolerant (PBFT) protocol and a revised Flexible Round-Optimized Schnorr Threshold Signatures (FROST) scheme, and then we inject the resulting proof-of-authority consensus algorithm into Bitcoin (chosen for the reliability, openness, and liveliness it brings in), replacing its PoW machinery. The combined protocol may operate as a modern, safe foundation for digital payment systems and Central Bank Digital Currencies (CBDC)

    Blockchain-based Security Framework for Critical Industry 4.0 Cyber-physical System

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    There has been an intense concern for security alternatives because of the recent rise of cyber attacks, mainly targeting critical systems such as industry, medical, or energy ecosystem. Though the latest industry infrastructures largely depend on AI-driven maintenance, the prediction based on corrupted data undoubtedly results in loss of life and capital. Admittedly, an inadequate data-protection mechanism can readily challenge the security and reliability of the network. The shortcomings of the conventional cloud or trusted certificate-driven techniques have motivated us to exhibit a unique Blockchain-based framework for a secure and efficient industry 4.0 system. The demonstrated framework obviates the long-established certificate authority after enhancing the consortium Blockchain that reduces the data processing delay, and increases cost-effective throughput. Nonetheless, the distributed industry 4.0 security model entails cooperative trust than depending on a single party, which in essence indulges the costs and threat of the single point of failure. Therefore, multi-signature technique of the proposed framework accomplishes the multi-party authentication, which confirms its applicability for the real-time and collaborative cyber-physical system.Comment: 07 Pages, 4 Figures, IEEE Communication Magazin

    A Survey on Secure and Private Federated Learning Using Blockchain: Theory and Application in Resource-constrained Computing

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    Federated Learning (FL) has gained widespread popularity in recent years due to the fast booming of advanced machine learning and artificial intelligence along with emerging security and privacy threats. FL enables efficient model generation from local data storage of the edge devices without revealing the sensitive data to any entities. While this paradigm partly mitigates the privacy issues of users' sensitive data, the performance of the FL process can be threatened and reached a bottleneck due to the growing cyber threats and privacy violation techniques. To expedite the proliferation of FL process, the integration of blockchain for FL environments has drawn prolific attention from the people of academia and industry. Blockchain has the potential to prevent security and privacy threats with its decentralization, immutability, consensus, and transparency characteristic. However, if the blockchain mechanism requires costly computational resources, then the resource-constrained FL clients cannot be involved in the training. Considering that, this survey focuses on reviewing the challenges, solutions, and future directions for the successful deployment of blockchain in resource-constrained FL environments. We comprehensively review variant blockchain mechanisms that are suitable for FL process and discuss their trade-offs for a limited resource budget. Further, we extensively analyze the cyber threats that could be observed in a resource-constrained FL environment, and how blockchain can play a key role to block those cyber attacks. To this end, we highlight some potential solutions towards the coupling of blockchain and federated learning that can offer high levels of reliability, data privacy, and distributed computing performance

    Electricity and Blockchain: How Advanced Technologies are Activating Peer-to-Peer Energy Markets

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    66 pagesBlockchain technology has been at the forefront of technological innovation for several years and presents a fascinating emerging technology to assess. Due to its cost savings, security, and reduced transaction times the technology has the potential for substantial disruption. The energy industry happens to be ripe for disruption, as an industry that has undergone a distinct lack of innovation over the last several decades. The goal of this research piece is to produce a technical snapshot of how blockchain is enabling innovation in the energy sector. In particular, I assess the use of blockchain in activating novel peer-to-peer energy markets. As primary sources, I assess three business whitepapers of early moving startups in this space. Rather than performing a wide analysis, I focus on creating a granular technical review and assessment of these three case studies. Following a careful evaluation, I triangulate the results and detail the benefit of dual-layered blockchain platforms, which consensus protocols appear to be leading, and how early movers are developing competitive advantages. I also expand my findings to recommendations for new entrants in this space. I recommend utilizing the tokenization of energy, using AI and machine learning to remove human agency, and employing centralized actors as network decision makers
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