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Proceedings ArticleDOI

An Overview of Blockchain Technology: Architecture, Consensus, and Future Trends

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TLDR
An overview of blockchain architechture is provided and some typical consensus algorithms used in different blockchains are compared and possible future trends for blockchain are laid out.
Abstract
Blockchain, the foundation of Bitcoin, has received extensive attentions recently. Blockchain serves as an immutable ledger which allows transactions take place in a decentralized manner. Blockchain-based applications are springing up, covering numerous fields including financial services, reputation system and Internet of Things (IoT), and so on. However, there are still many challenges of blockchain technology such as scalability and security problems waiting to be overcome. This paper presents a comprehensive overview on blockchain technology. We provide an overview of blockchain architechture firstly and compare some typical consensus algorithms used in different blockchains. Furthermore, technical challenges and recent advances are briefly listed. We also lay out possible future trends for blockchain.

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Citations
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Journal ArticleDOI

A Blockchain-Based Efficient, Secure and Anonymous Conditional Privacy-Preserving and Authentication Scheme for the Internet of Vehicles

TL;DR: A blockchain-based efficient, secure, and anonymous conditional privacy-preserving and authentication mechanism for IoV networks based on blockchain to allow vehicle nodes with mechanisms to become anonymous and take control of their data during the data communication and voting process.
Book ChapterDOI

Use of blockchain for enabling Construction 4.0

Abel Maciel
TL;DR: In this paper, the authors focus on the evolution, application and future directions of blockchain technology in the context of cyber-physical systems and construction 4.0, and propose a new level of blockchain consensus-validated data, data's highest recommendation level based on group consensus-supported accuracy and quality.
Journal ArticleDOI

A Blockchain-Based G-Code Protection Approach for Cyber-Physical Security in Additive Manufacturing

TL;DR: A new methodology is developed in this study, which consists of a novel blockchain-based data storage approach and an effective asymmetry encryption technique that can be accurately detected in time and the risk of unauthorized access of the G-code file is greatly eliminated.
Journal ArticleDOI

Evaluating blockchain technology for reducing supply chain risks

TL;DR: Results show that the sourcing process is the essential enabler when enterprises consider adopting BCT for reducing risks, and the weight of the making process is ranked second, among the sub-criteria.
Journal ArticleDOI

Democratic learning: hardware/software co-design for lightweight blockchain-secured on-device machine learning

TL;DR: Wang et al. as mentioned in this paper proposed democratic learning (DemL), which makes the first step to explore hardware/software co-design for blockchain-secured decentralized on-device learning.
References
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Journal ArticleDOI

The Byzantine Generals Problem

TL;DR: The Albanian Generals Problem as mentioned in this paper is a generalization of Dijkstra's dining philosophers problem, where two generals have to come to a common agreement on whether to attack or retreat, but can communicate only by sending messengers who might never arrive.
Book ChapterDOI

The Byzantine generals problem

TL;DR: In this article, a group of generals of the Byzantine army camped with their troops around an enemy city are shown to agree upon a common battle plan using only oral messages, if and only if more than two-thirds of the generals are loyal; so a single traitor can confound two loyal generals.
Proceedings ArticleDOI

Practical Byzantine fault tolerance

TL;DR: A new replication algorithm that is able to tolerate Byzantine faults that works in asynchronous environments like the Internet and incorporates several important optimizations that improve the response time of previous algorithms by more than an order of magnitude.

Ethereum: A Secure Decentralised Generalised Transaction Ledger

Gavin Wood
TL;DR: Ethereum as mentioned in this paper is a transactional singleton machine with shared state, which can be seen as a simple application on a decentralised, but singleton, compute resource, and it provides a plurality of resources, each with a distinct state and operating code but able to interact through a message-passing framework with others.
Journal ArticleDOI

The Elliptic Curve Digital Signature Algorithm (ECDSA)

TL;DR: The ANSI X9.62 ECDSA is described and related security, implementation, and interoperability issues are discussed, and the strength-per-key-bit is substantially greater in an algorithm that uses elliptic curves.
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