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On the Unfairness of Blockchain
[chapter]
2019
Lecture Notes in Computer Science
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The success of Bitcoin largely relies on the perception of a fair underlying peer-to-peer protocol: blockchain. ...
We prove, in this paper, that blockchain is actually unfair, even in a distributed system of only two honest miners. ...
Acknowledgement This work has been supported in part by the European ERC Grant 339539 -AOC Bibliography ...
doi:10.1007/978-3-030-05529-5_3
fatcat:dfyq35brcfbxpaawuazesv7ize
Legal Risks and Coping Strategies of Block chain managing Trade
2020
Zenodo
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Korea is critical for the project of "One Belt One Road" (OBOR) of China. The management and legal protection of trade secrets is the common goal for two countres. ...
The better ways to protect trade secrets were discussed based on the current judicial practice of China, and then communicate with Korea. ...
According to Article 9, Anti-Unfair Competition Law, People's Republic of China, Articles 9, 10, 11 of Interpretation of the Chinese Supreme People's Court on Several Issues Concerning the Application ...
doi:10.5281/zenodo.4399394
fatcat:f3pcbuhg3nbzdah2k5vz3wjimi
On the Preliminary Investigation of Selfish Mining Strategy with Multiple Selfish Miners
[article]
2018
arXiv
pre-print
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Although a theoretical analysis of selfish mining strategy under this setting is yet to be established, the current findings based on simulations is promising and of great interest. ...
Moreover, there exist Nash equilibria where all selfish miners in the system do not change to an honest mining strategy and simultaneously earn their unfair amount of mining reward given that they equally ...
On the contrary, miners in practical individually mine on their locally-stored blockchain and consequently create new blocks independently. ...
arXiv:1802.02218v1
fatcat:qt4mqe74zfainhmjys4x7iqka4
The Expansion of Algorithmic Governance: From Code is Law to Law is Code
2017
Field Actions Science Reports
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With the advent of Blockchain and Machine Learning, we are witnessing a new trend, whereby technology is progressively taking the upper-hand over these rules. ...
"Code is law" is a form of regulation whereby technology is used to enforce existing rules. ...
on Blockchain Technology (COALA). ...
doaj:337aeb6f634447278407bce1d61feb98
fatcat:nxh3ovcpcfe3bmb7whhqoqimyq
A Novel Decentralized E-Commerce Transaction System Based on Blockchain
2022
Applied Sciences
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based on reputation value to reward and punish nodes, thus promoting the good circulation of the system. ...
With the rapid development of e-commerce systems, the centralized service model gradually fails to meet the needs of SMEs. ...
There is some explorations on the combination of blockchain and e-commerce. ...
doi:10.3390/app12125770
fatcat:nvfm4iirxzdohnxc3yhi3noneu
DECENTRALIZED ELECTRONIC VOTING USING SMART CONTRACTS (DEV-SC)
2021
JOURNAL OF MECHANICS OF CONTINUA AND MATHEMATICAL SCIENCES
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With the advancement of technologies, 4th industry revolution technologies give us Blockchain, Distributed Ledger and Smart Contract types of technologies which may be beneficial to solve the current problems ...
There are many forms of elections be it in the democratic or monarch systems. Each way, the vote has the power to elect the next people's representatives. ...
Developing countries have had a past of biased/unfair outcomes of elections, if the elections are not biased/unfair, it would be paid by the people to be an unfair election, or the losing party will blame ...
doi:10.26782/jmcms.2021.08.00004
fatcat:bsfknmwqcrfbpmqpveuecclt3q
7.3 LibChain – Open, Verifiable and Anonymous Access Management
2017
Zenodo
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The implementation of our research prototype is based on the open source blockchain framework ethereum. ...
The decentral blockchain architecture enables new access models for digital media and allows fairer and more accurate pricing models based on the usage. ...
• Berlin universities discontinue the purchase of Elsevier services due to overly expensive (and unfair) subscription models. ...
doi:10.5281/zenodo.3610229
fatcat:cphgryivareixfedpcwwk7icdi
BitcoinF: Achieving Fairness for Bitcoin in Transaction-Fee-Only Model
[article]
2020
arXiv
pre-print
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Such phenomena not only induce unfairness as experienced by the miners and the users but also deteriorate the health of the blockchain. ...
BitcoinF resolves these issues of unfairness while preserving the ability of the users to express urgency and have their transactions prioritized. ...
It is due to the investment on the part of the miners that they benefit from the health of the blockchain. ...
arXiv:2003.00801v1
fatcat:jmnw4lnm4jeshbfplfw24yjsa4
Development of an open peer review system using blockchain and reviewer recommendation technologies
2021
Science Editing
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The blockchain system performs an open peer review process based on smart contracts, while the submission management system selects reviewers for peer review. ...
The system can be operated in connection with the reviewer recommendation module of the existing submission management system. ...
Conflict of Interest No potential conflict of interest relevant to this article was reported.
Funding ...
doi:10.6087/kcse.237
fatcat:7uiv3ogocfenjaiyefx63rdcje
Wendy, the Good Little Fairness Widget
[article]
2020
arXiv
pre-print
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., ways we can assure that the relative order of transactions is fair. We show that one of the more intuitive definitions of fairness is impossible to achieve. ...
We investigate the issues of attackers manipulating or exploiting the order in which transactions are scheduled in the blockchain. ...
This allows us to combine several variations of fairness with different blockchains, have different degrees of fairness for sets of transactions running on the same blockchain, and even change the configuration ...
arXiv:2007.08303v1
fatcat:vru7hf6h4jdqnbdjkksk2e4nce
Block Advertisement Protocol
[article]
2015
arXiv
pre-print
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When a block in mined, only header is relayed since most of data about the block is already known to all miners. ...
The trade-off between transaction confirmation throughput and centralization of hash power do not allow Bitcoin to perform at the same level as modern payment systems. ...
Miner downloads the whole blockchain to be ready to mine a block on the most fresh transaction history shared by the network. ...
arXiv:1512.08626v1
fatcat:ejgkdt5tzvbinoobjqeltwly4q
Security Analysis on the Decentralized Energy Trading System Using Blockchain Technology
2018
JOIN: Jurnal Online Informatika
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Blockchain turns both currencies and commodities into a digital form without relying on middleman which allows one person to trade with another include trading the renewable energy. ...
The blockchain technology offers the promise of an immutable, single source of truth from multiple sources without a third-party involvement. ...
In various sectors, blockchain is being used to build some purposes such as financial registries, operational registries and one of the most popular one is smart contracts: a. ...
doi:10.15575/join.v3i1.207
fatcat:5ebfwb75pfeuvaou3btk76sgpe
Fairness in ERC token markets: A Case Study of CryptoKitties
[article]
2021
arXiv
pre-print
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Because CryptoKitties is one of the major blockchain-based games and has been in operation for an extended period of time, we focus on its market to examine fairness. ...
Though many researchers debate the market's fairness, there are few discussions around the fairness of automated markets, such as those hosted on Ethereum. ...
on the blockchain. ...
arXiv:2102.03721v1
fatcat:p53etd5mazgm3hlerul7p2yww4
A Computational Study on Fairness of the Tendermint Blockchain Protocol
2019
Information
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Fairness is a crucial property for blockchain systems since it affects the participation: the ones that find the system fair tend to stay or enter, the ones that find the system unfair tend to leave. ...
While current literature mainly focuses on fairness for Bitcoin-like blockchains, little has been done to analyze Tendermint. ...
Abbreviations The following abbreviations are used in this manuscript:
PBFT Practical Byzantine Fault Tolerance PoS Proof-of-Stake MAX Multi-Agent eXperimenter MaDKit Multi-Agent Development Kit ...
doi:10.3390/info10120378
fatcat:djy53ajg2regpcv37zi3o5qcwm
Table of Contents
2020
2020 International Symposium on Reliable Distributed Systems (SRDS)
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Reiser (University of Passau), and Johannes Köstler
(University of Passau)
Session 6: Security and Privacy I
On the Detection of Shilling Attacks in Federated Collaborative Filtering
185
Yangfan ...
Technology) Anomaly Detection via Mining Numerical Workflow Relations from Logs 195 Bo Zhang (The University of Newcastle), Hongyu Zhang (The University of Newcastle), Pablo Moscato (The University of ...
doi:10.1109/srds51746.2020.00004
fatcat:3fvwuol6bvbabcipcpe2zmnruu
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