An Economic Analysis of Difficulty Adjustment Algorithms in Proof‐of‐Work Blockchain Systems
ABSTRACT We study the stability of cryptocurrency systems through difficulty adjustment. Bitcoin's difficulty adjustment algorithm (DAA) exhibits instability when the reward elasticity of the hash rate is high, implying that a sharp price reduction could disrupt the current Bitcoin system.
Shunya Noda +2 more
wiley +1 more source
A game-theoretic framework for specification and verification of cryptographic protocols [PDF]
Mohamed Saleh, Mourad Debbabi
openalex +1 more source
Digital Identity Wallets: A Guide to the EU’s New Identity Model
ABSTRACT By 2026, the European Union will introduce digital identity wallets to its citizens, residents, and organisations. These wallets will have far‐reaching implications for how public and private sector organisations interact with their users—some evident, others less.
Andre Kudra +5 more
wiley +1 more source
A Symmetric Key and Elliptic Curve Cryptography-Based Protocol for Message Encryption in Unmanned Aerial Vehicles [PDF]
Vincent Omollo Nyangaresi +6 more
openalex +1 more source
Coalition Formation for Sustainable Blockchain Governance: Insights From the Hedera Case
ABSTRACT Sustainable governance is essential for blockchain networks to achieve widespread adoption and deliver long‐term business value. Prior blockchain initiatives indicate that inadequate governance structures often lead to limited adoption or eventual project failure, underscoring the importance of decentralised governance for building resilient ...
Christophe Viguerie, Horst Treiblmaier
wiley +1 more source
Abstract This essay argues that social media document (rather than fuel) the decline of political democracy while helping revive organizational democracy, including through ‘decentralized autonomous organizations’ (DAOs). Yet, despite giving everyone a voice and the ability to organize across borders, social media could over‐concentrate power if, in ...
J.P. Vergne
wiley +1 more source
Agents' Behavior and Interest Rate Model Optimization in DeFi Lending
ABSTRACT Contrasting sharply with traditional money, bond, and bond futures markets, where interest rates emerge organically from participant interactions, DeFi lending platforms employ rule‐based interest rates that are algorithmically set. Thus, the selection of an effective interest rate model (IRM) is paramount for the success of a lending protocol.
Charles Bertucci +4 more
wiley +1 more source
A Secure and Scalable Authentication and Communication Protocol for Smart Grids
The growing adoption of smart grid systems presents significant advancements in the efficiency of energy distribution, along with enhanced monitoring and control capabilities.
Muhammad Asfand Hafeez +2 more
doaj +1 more source
Experimental comparison between one-decoy and two-decoy implementations of the Bennett-Brassard 1984 quantum cryptography protocol [PDF]
Youn-Chang Jeong +2 more
openalex +1 more source
Blockchain for the Arts and Humanities
ABSTRACT As born‐digital cultural materials proliferate, the arts and humanities require infrastructures that guarantee provenance, authenticity, and equitable access. This paper delivers a comprehensive, critical survey of blockchain's potential and limits across the sector.
James O'Sullivan
wiley +1 more source

