70 citations · 198 across the 36 of their papers we have counts for
37 papers
Interactive Visualization of Proof-of-Work Consensus Protocol on Raspberry Pi
Anton Ivashkevich, Matija Piškorec, Claudio J. Tessone
We describe a prototype of a fully capable Ethereum Proof-of-Work (PoW) blockchain network running on multiple Raspberry Pi (RPi) computers. The prototype is easy to set up and is…
Extensions of a Line-Graph-Based Method for Token Routing in Decentralized Exchanges
Yu Zhang, Claudio J. Tessone
Decentralized exchanges (DEXs) form a cornerstone of the decentralized finance (DeFi) ecosystem, processing token trades worth billions of dollars daily. Yet, a significant fractio…
Bitcoin, a DAO?
Mark C. Ballandies, Guangyao Li, Claudio J. Tessone
This paper investigates whether Bitcoin can be regarded as a decentralized autonomous organization (DAO), what insights it may offer for the broader DAO ecosystem, and how Bitcoin…
Monero Peer-to-peer Network Topology Analysis
Yu Gao, Yu Zhang, Matija Piškorec +1
Monero, a privacy-focused cryptocurrency, employs a decentralized peer-to-peer (P2P) network that plays a critical role in transaction propagation and consensus formation. While mu…
Charting the Uncharted: The Landscape of Monero Peer-to-Peer Network
Yu Gao, Matija Piškorec, Yu Zhang +2
The Monero blockchain enables anonymous transactions through advanced cryptography in its peer-to-peer network, which underpins decentralization, security, and trustless interactio…
A Line Graph-Based Framework for Identifying Optimal Routing Paths in Decentralized Exchanges
Yu Zhang, Yafei Li, Claudio Tessone
Decentralized exchanges, such as those employing constant product market makers (CPMMs) like Uniswap V2, play a crucial role in the blockchain ecosystem by enabling peer-to-peer to…
Tracing Cross-chain Transactions between EVM-based Blockchains: An Analysis of Ethereum-Polygon Bridges
Tao Yan, Chuanshan Huang, Claudio J. Tessone
Ethereum's scalability has been a major concern due to its limited transaction throughput and high fees. To address these limitations, Polygon has emerged as a sidechain solution t…
Classification-Based Analysis of Price Pattern Differences Between Cryptocurrencies and Stocks
Yu Zhang, Zelin Wu, Claudio Tessone
Cryptocurrencies are digital tokens built on blockchain technology, with thousands actively traded on centralized exchanges (CEXs). Unlike stocks, which are backed by real business…
Heuristic-Based Address Clustering in Cardano Blockchain
Mostafa Chegenizadeh, Sina Rafati Niya, Claudio J. Tessone
Blockchain technology has recently gained widespread popularity as a practical method of storing immutable data while preserving the privacy of users by anonymizing their real iden…
Network Analysis of Uniswap: Centralization and Fragility in the Decentralized Exchange Market
Tao Yan, Claudio J. Tessone
The Uniswap is a Decentralized Exchange (DEX) protocol that facilitates automatic token exchange without the need for traditional order books. Every pair of tokens forms a liquidit…
Concentration in Governance Control Across Decentralised Finance Protocols
Thomas Eisermann, Carlo Campajola, Claudio J. Tessone +1
Blockchain-based systems are frequently governed through tokens that grant their holders voting rights over core protocol functions and funds. The centralisation occurring in Decen…
Bitcoin Transaction Behavior Modeling Based on Balance Data
Yu Zhang, Claudio Tessone
When analyzing Bitcoin users' balance distribution, we observed that it follows a log-normal pattern. Drawing parallels from the successful application of Gibrat's law of proportio…
Profit Maximization In Arbitrage Loops
Yu Zhang, Zichen Li, Tao Yan +3
Cyclic arbitrage chances exist abundantly among decentralized exchanges (DEXs), like Uniswap V2. For an arbitrage cycle (loop), researchers or practitioners usually choose a specif…
Velocity, Holding Time and Lifespan of Cryptocurrency in Transactions
Yu Zhang, Mostafa Chegeni, Claudio Tessone
The measurement of the velocity of money is still a significant topic. In this paper, we proposed a method to calculate the velocity of money by combining the holding-time distribu…
An Improved Algorithm to Identify More Arbitrage Opportunities on Decentralized Exchanges
Yu Zhang, Tao Yan, Jianhong Lin +2
In decentralized exchanges (DEXs), the arbitrage paths exist abundantly in the form of both arbitrage loops (e.g. the arbitrage path starts from token A and back to token A again i…
ChainScience 2024, Conference Proceedings
Nicolò Vallarano, Claudio J. Tessone
ChainScience 2024, the second edition of the interdisciplinary conference, brought together academics, practitioners, and industry experts to explore novel developments in the real…
Blockchain in a box: A portable blockchain network implementation on Raspberry Pi's
Matija Piškorec, Anton Ivashkevich, Said Haji Abukar +4
In this paper we describe a prototype of a blockchain-in-a-box system which allows users to easily bootstrap the whole Ethereum Proof-of-Work (PoW) network running on multiple Rasp…
Analyzing Reward Dynamics and Decentralization in Ethereum 2.0: An Advanced Data Engineering Workflow and Comprehensive Datasets for Proof-of-Stake Incentives
Tao Yan, Shengnan Li, Benjamin Kraner +2
Ethereum 2.0, as the preeminent smart contract blockchain platform, guarantees the precise execution of applications without third-party intervention. At its core, this system leve…
A Theoretical Model of False Information Control
Yu Zhang, Fanyuan Meng, Vallarano Nicolò +1
When considering a specific event, news that accurately reflects the ground truth is deemed as real information, while news that deviates from the ground truth is classified as fal…
Heterogeneity- and homophily-induced vulnerability of a P2P network formation model: the IOTA auto-peering protocol
Yu Gao, Carlo Campajola, Nicolo Vallarano +2
IOTA is a distributed ledger technology that relies on a peer-to-peer (P2P) network for communications. Recently an auto-peering algorithm was proposed to build connections among I…
Temporal networks with node-specific memory: unbiased inference of transition probabilities, relaxation times and structural breaks
Giulio Virginio Clemente, Claudio J. Tessone, Diego Garlaschelli
One of the main challenges in the study of time-varying networks is the interplay of memory effects with structural heterogeneity. In particular, different nodes and dyads can have…
Centralised or Decentralised? Data Analysis of Transaction Network of Hedera Hashgraph
Lucas Amherd, Sheng-Nan Li, Claudio J. Tessone
An important virtue of distributed ledger technologies is their acclaimed higher level of decentralisation compared to traditional financial systems. Empirical literature, however,…
Time Moves Faster When There is Nothing You Anticipate: The Role of Time in MEV Rewards
Burak Öz, Benjamin Kraner, Nicolò Vallarano +3
This study explores the intricacies of waiting games, a novel dynamic that emerged with Ethereum's transition to a Proof-of-Stake (PoS)-based block proposer selection protocol. Wit…
ChainScience 2023, Conference Proceedings
Hans Walter Behrens, Nicolò Vallarano, Claudio J. Tessone
The proceedings of ChainScience 2023 epitomize the integration of various scientific disciplines with the dynamic world of blockchain and AI. This collection, encapsulating both fu…