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Full-Text Articles in Engineering
Blockchain Security: Double-Spending Attack And Prevention, William Henry Scott Iii
Blockchain Security: Double-Spending Attack And Prevention, William Henry Scott Iii
Electronic Theses and Dissertations
This thesis shows that distributed consensus systems based on proof of work are vulnerable to hashrate-based double-spending attacks due to abuse of majority rule. Through building a private fork of Litecoin and executing a double-spending attack this thesis examines the mechanics and principles behind the attack. This thesis also conducts a survey of preventative measures used to deter double-spending attacks, concluding that a decentralized peer-to-peer network using proof of work is best protected by the addition of an observer system whether internal or external.
Blockchain Games: What On And Off-Chain Factors Affect The Volatility, Returns, And Liquidity Of Gaming Crypto Tokens, Sumer Sareen
Blockchain Games: What On And Off-Chain Factors Affect The Volatility, Returns, And Liquidity Of Gaming Crypto Tokens, Sumer Sareen
CMC Senior Theses
Blockchain games took the internet by storm as they offered a new way for users to play video games, own the assets in those games, and benefit monetarily from their efforts. Through Non-Fungible Tokens (NFTs) and cryptocurrencies, new, Web3 games ushered in a unique asset class for retail and institutional investors to diversify into and benefit from. This paper uses cross-sectional data from 30 blockchain gaming companies to identify on and off-chain factors that affect the company’s token volatility, returns, and liquidity. A multiple linear regression found the percentage of tokens dedicated to a company’s private sale and rewarding users, …
Spartandark: Anonymity Model Integration With A Blockchain Network Using Spartangold, Nishanth Uchil
Spartandark: Anonymity Model Integration With A Blockchain Network Using Spartangold, Nishanth Uchil
Master's Projects
Demand for blockchain ecosystems has seen exponential growth in recent times due to its decentralized nature and trustless verification process for the transactions involved. However, transaction data needs to be leveraged for verification, which coupled with the transparent nature of the blockchain ledger, provides sufficient data for malicious entities to reveal identities and even financial history of users. Data masking techniques have been employed over the years to make blockchain transactions anonymous, making them resistant to identity analysis, a key set of methods being zero-knowledge proof (zk-proof) protocols that guarantee zero data leak. In this research, we develop SpartanDark, a …