As an emerging technology, blockchain has achieved great success in numerous application scenarios, from intelligent healthcare to smart cities. However, a long-standing bottleneck hindering its further development is the massive resource consumption attributed to the distributed storage and computation methods. This makes blockchain suffer from insufficient performance and poor scalability. Here, we analyze the recent blockchain techniques and demonstrate that the potential of widely-adopted consensus-based scaling is seriously limited, especially in the current era when Moore's law-based hardware scaling is about to end. We achieve this by developing an open-source benchmarking tool, called Prism, for investigating the key factors causing low resource efficiency and then discuss various topology and hardware innovations which could help to scale up blockchain. To the best of our knowledge, this is the first in-depth study that explores the next-generation scaling strategies by conducting large-scale and comprehensive benchmarking.
Blockchain-based federated learning has gained significant interest over the last few years with the increasing concern for data privacy, advances in machine learning, and blockchain innovation. However, gaps in security and scalability hinder the development of real-world applications. In this study, we propose ScaleSFL, which is a scalable blockchain-based sharding solution for federated learning. ScaleSFL supports interoperability by separating the off-chain federated learning component in order to verify model updates instead of controlling the entire federated learning flow. We implemente…
In recent years, blockchain has gained widespread attention as an emerging technology for decentralization, transparency, and immutability in advancing online activities over public networks. As an essential market process, auctions have been well studied and applied in many business fields due to their efficiency and contributions to fair trade. Complementary features between blockchain and auction models trigger a great potential for research and innovation. On the one hand, the decentralized nature of blockchain can provide a trustworthy, secure, and cost-effective mechanism to manage the a…
Technology has positive impacts on many aspects of our social life. Designing a 24hour globally connected architecture enables ease of access to a variety of resources and services. Furthermore, technology like Internet has been a fertile ground for innovation and creativity. One of such disruptive innovation is blockchain -- a keystone of cryptocurrencies. The blockchain technology is presented as a game changer for many of the existing and emerging technologies/services. With its immutability property and decentralised architecture, it is taking centre stage in many services as an equalisati…
The Internet of Things (IoT) has already changed our daily lives by integrating smart devices together towards delivering high quality services to its clients. These devices when integrated together form a network through which massive amount of data can be produced, transferred, and shared. A critical concern is the security and integrity of such a complex platform to ensure the sustainability and reliability of these IoT-based systems. Blockchain is an emerging technology that has demonstrated its unique features and capabilities for different problems and application domains including IoT-b…
The innovation provided by network virtualization in 5G, together with standardization and openness boosted by the Open Radio Access Network (O-RAN) Alliance, has paved the way to a collaborative future in cellular systems, driven by flexible network sharing. Such advents are expected to attract new players like content providers and verticals, increasing competitiveness in the telecom market. However, scalability and trust issues are expected to arise, given the criticality of ownership traceability and resource exchanging in a sharing ecosystem. To address that, we propose integrating blockc…
The cybersecurity of modern systems has dramatically increased attention from both industrial and academia perspectives. In the recent era, the popularity of the blockchain-based system has traditionally been emergent among various industrials sectors especially in supply chain management due to its streamlined nature. This reveals the importance of the quality aspects from a supply chain management perspective. Many industries realized the importance of having quality systems for supply chain management and logistics. The emergence of blockchain technology has created several potential innova…
Randpay is a technology developed in Emercoin for blockchain micropayments that can be more effective in some scenarios than the Lightning Network as we show in the paper. The protocol is based on the concept of Ronald L. Rivest and published in the paper "Electronic Lottery Tickets as Micropayments" (1997). The "lottery ticket" was designed for centralized systems where a trusted third party is required to provide payments, and in some scenarios is also a lottery facilitator. The existing blockchain protocol cannot accommodate peer-to-peer "lottery" micropayments at least without the need to …
Proof-of-Work~(PoW) based blockchains typically allocate only a tiny fraction (e.g., less than 1% for Ethereum) of the average interarrival time~($\mathbb{I}$) between blocks for validating transactions. A trivial increase in validation time~($τ$) introduces the popularly known Verifier's Dilemma, and as we demonstrate, causes more forking and increases unfairness. Large $τ$ also reduces the tolerance for safety against a Byzantine adversary. Solutions that offload validation to a set of non-chain nodes (a.k.a. off-chain approaches) suffer from trust issues that are non-trivial to resolve. In …
Enhancing Data Integrity and Traceability in Industry Cyber Physical Systems (ICPS) through Blockchain Technology: A Comprehensive Approach
State University of New York at Binghamton（纽约州立大学宾汉姆顿分校）；Inventive Apps Ltd（Inventive Apps有限公司）；MSIT, Emporia State University（埃马里奥州立大学管理与信息技术学院）；Southern Utah University（南犹他大学）；Emporia State University（埃马里奥州立大学）
Blockchain technology has changed how people think about how they used to store and trade their assets, as it introduced us to a whole new way to transact: using digital currencies. One of the major innovations of blockchain technology is decentralization, meaning that traditional financial intermediaries, such as asset-backed security issuers and banks, are eliminated in the process. Even though blockchain technology has been utilized in a wide range of industries, its most prominent application is still cryptocurrencies, with Bitcoin being the first proposed. At its peak in 2021, the market …
Dual-view Aware Smart Contract Vulnerability Detection for Ethereum
Institute of Cyberspace Security, Zhejiang University of Technology（浙江工业大学网络空间安全研究院）；Binjiang Institute of Artificial Intelligence, ZJUT（浙江工业大学滨江人工智能研究院）
