In order to have transactions executed and recorded on blockchains such as the Ethereum Mainnet, fees expressed in crypto-currency units of the blockchain must be paid. One can buy crypto-currency called Ether of the Ethereum blockchain from exchanges and pay for the transaction fees. In the case of test networks (such as Rinkeby) or scientific research blockchains (such as Bloxberg), free crypto-currency, Ether, is distributed to users via faucets. Since transaction slots on the blocks, storage and smart contract executions are consuming blockchain resources, Ethers are distributed by fixed small amounts to users. Users may have different amount of Ether requirements; some small amounts and some large amounts during different times. As a result, rather than allowing the user to get a fixed small amount of Ether, a more general distribution mechanism that allows a user to demand and claim arbitrary amounts of Ether, while satisfying fairness among users, is needed. For this end, Max-min Fairness based schemes have been used in centralized settings. Our work contributes a Max-min Fairness based algorithm and its Solidity smart contract implementation that requires low transaction costs independent of the number of users. This is important on the Ethereum blockchain, since a smart contract execution with transaction costs depending on the number of users would mean block gas limit exhaustion problem will eventually be met, making the smart contract ineffective. We report tests which confirm that the low transaction cost aims have been achieved by our algorithm.
Committee-based blockchains are among the most popular alternatives of proof-of-work based blockchains, such as Bitcoin. They provide strong consistency (no fork) under classical assumptions, and avoid using energy-consuming mechanisms to add new blocks in the blockchain. For each block, these blockchains use a committee that executes Byzantine-fault tolerant distributed consensus to decide the next block they will add in the blockchain. Unlike Bitcoin, where there is only one creator per block with high probability, in committee-based blockchain any block is cooperatively created. In order to…
Existing fair exchange protocols usually neglect consideration of cost when assessing their fairness. However, in an environment with non-negligible transaction cost, e.g., public blockchains, high or unexpected transaction cost might be an obstacle for wide-spread adoption of fair exchange protocols in business applications. For example, as of 2021-12-17, the initialization of the FairSwap protocol on the Ethereum blockchain requires the selling party to pay a fee of approx. 349.20 USD per exchange. We address this issue by defining cost fairness, which can be used to assess two-party exchang…
Blockchain-based Distributed Ledgers (DLs) promise to transform the existing financial system by making it truly democratic. In the past decade, blockchain technology has seen many novel applications ranging from the banking industry to real estate. However, in order to be adopted universally, blockchain systems must be scalable to support a high volume of transactions. As we increase the throughput of the DL system, the underlying peer-to-peer network might face multiple levels of challenges to keep up with the requirements. Due to varying network capacities, the slower nodes would be at a re…
University of Bayreuth(拜罗伊特大学);FIM Research Center(FIM研究中心);Fraunhofer FIT(弗劳恩霍夫应用信息技术研究所)
Federated machine learning (FL) allows to collectively train models on sensitive data as only the clients' models and not their training data need to be shared. However, despite the attention that research on FL has drawn, the concept still lacks broad adoption in practice. One of the key reasons is the great challenge to implement FL systems that simultaneously achieve fairness, integrity, and privacy preservation for all participating clients. To contribute to solving this issue, our paper suggests a FL system that incorporates blockchain technology, local differential privacy, and zero-know…
This paper revisits the ubiquitous problem of achieving state machine replication in blockchains based on repeated consensus, like Tendermint. To achieve state machine replication in blockchains built on top of consensus, one needs to guarantee fairness of user transactions. A huge body of work has been carried out on the relation between state machine replication and consensus in the past years, in a variety of system models and with respect to varied problem specifications. We systematize this work by proposing novel and rigorous abstractions for state machine replication and repeated consen…
Tendermint-core blockchains (e.g. Cosmos) are considered today one of the most viable alternatives for the highly energy consuming proof-of-work blockchains such as Bitcoin and Ethereum. Their particularity is that they aim at offering strong consistency (no forks) in an open system combining two ingredients (i) a set of validators that generate blocks via a variant of Practical Byzantine Fault Tolerant (PBFT) consensus protocol and (ii) a selection strategy that dynamically selects nodes to be validators for the next block via a proof-of-stake mechanism. However,the exact assumptions on the s…
Machine learning algorithms are undoubtedly one of the most popular algorithms in recent years, and neural networks have demonstrated unprecedented precision. In daily life, different communities may have different user characteristics, which also means that training a strong model requires the union of different communities, so the privacy issue needs to be solved urgently. Federated learning is a popular privacy solution, each community does not need to expose specific data, but only needs to upload sub-models to the coordination server to train more powerful models. However, federated learn…
Blockchains lie at the heart of Bitcoin and other cryptocurrencies that have shown great promise to revolutionize finance and commerce. Although they are gaining increasing popularity, they face technical challenges when it comes to scaling to support greater demand while maintaining their desirable security properties. In an exciting line of recent work, many researchers have proposed various scalable blockchain protocols that demonstrate the potential to solve these challenges. However, many of these protocols come with the assumptions of honest majority and symmetric network access which ma…
As an append-only distributed database, blockchain is utilized in a vast variety of applications including the cryptocurrency and Internet-of-Things (IoT). The existing blockchain solutions have downsides in communication and storage efficiency, convergence to centralization, and consistency problems. In this paper, we propose LightChain, which is the first blockchain architecture that operates over a Distributed Hash Table (DHT) of participating peers. LightChain is a permissionless blockchain that provides addressable blocks and transactions within the network, which makes them efficiently a…
Mitigating Front-Running Attacks through Fair and Resilient Transaction Dissemination
Univ. of Luxembourg(卢森堡大学);Delft University of Technology(代尔夫特理工大学);Univ. Bordeaux, CNRS, Bordeaux-INP, LaBRI UMR5800(波尔多大学,法国国家科学研究中心,波尔多理工学院,LaBRI实验室)
We address the problem of fairness and transparency in online marketplaces selling digital content, where all parties are not actively participating in the trade. We present the design, implementation and evaluation of VADER, a highly scalable solution for multi-party fair digital exchange that combines the trusted execution of blockchains with intelligent protocol design and incentivization schemes. We prototype VADER on Hyperledger Fabric and extensively evaluate our system on a realistic testbed spanning five public cloud datacenters, spread across four continents. Our results demonstrate t…
Permissioned blockchains are supported by identified but individually untrustworthy nodes, collectively maintaining a replicated ledger whose content is trusted. The Hyperledger Fabric permissioned blockchain system targets high-throughput transaction processing. Fabric uses a set of nodes tasked with the ordering of transactions using consensus. Additional peers endorse and validate transactions, and maintain a copy of the ledger. The ability to quickly disseminate new transaction blocks from ordering nodes to all peers is critical for both performance and consistency. Broadcast is handled by…