Censorship of Harmful Data in Blockchains

Reading Time: 17 minutes

Public blockchains allow insertion of arbitrary data. Even specific-purpose blockchains like Bitcoin already contain a lot of non-financial data. Although this data insertion can be beneficial in some use cases (e.g. proof of existence), it can also cause damage. If a blockchain contained videos with instructions on how to torture someone, there would immediately be broad consensus that this data must be deleted. But since blockchains are supposed to be immutable databases, the question is: what can be done if this happens?

Using the CardContact SmartCard USB HSM in an Ethereum PoA Chain

Reading Time: 4 minutes

After testing the performance of Ethereum using PoA, we tested the usability of the CardContact SmartCard-HSM USB token on an ethereum Proof of Authority network. The HSM allows to store and use multiple encryption keys, both RSA and Elliptic Curves (including secp256k1), for applications like issuing certificates as a CA, and with any application that […]

Some Insights into Cardano ´s Blockchain

Reading Time: 5 minutes

In this blog post, we present a high-level overview of the paper describing the Ouroboros Proof of Stake protocol implemented in Cardano´s blockchain. After the overview follow some comments about theoretical aspects of the protocol.
In general, Proof of Stake (PoS) consensus protocols elect the network nodes responsible to send the next block to the blockchain on the basis of the nodes’ amount of stake.

Decentralized Blockchain Bridges, Blockchain Innovations, and Cryptoasset Investment Frameworks

Reading Time: 1

At CoinFabrik we are organizing internal presentations in response to interesting work we are doing. As we have grown, scheduling time to share our projects and ideas has become essential. Recent presentations have included: Decentralized Blockchain Bridges Last year Oscar Guindzberg, TrueBit, and CoinFabrik partnered to create a decentralized trustless bridge between Dogecoin and Ethereum […]

Comparison of PoS projects: Unbiased Leader Election

Reading Time: 7 minutes

Prior to the Bitcoin blockchain of “Satoshi Nakamoto”, distributed ledger systems were lacking two important properties which are essential for a decentralized digital cash system. The first property which existing distributed ledger systems were missing, was the ability to scale to a network of millions of users. And secondly, systems at the time were not permissionless

ECDSA Security in Bitcoin and Ethereum: a Research Survey

Reading Time: 1

Elliptic curve cryptography is becoming more and more popular. One of its main supporters is the cryptocurrency system Bitcoin which uses an elliptic curve scheme for their digital signatures. Smaller key size, a more efficient implementation than the RSA system, and a similar level of security make elliptic curve cryptography an interesting alternative to RSA. […]