Zhongli Dong

Zhongli Dong, Young Choon Lee, Albert Y. Zomaya

Blockchain technology is often discussed as if it emerged from nowhere, yet its architectural DNA traces directly to the decentralized computing principles James~N. Gray articulated in 1986. This paper maps the conceptual lineage from Gray's requestor/server model to modern blockchain architectures, showing how his emphasis on modularity, autonomy, data integrity, and standardized communication anticipated the design of systems like Bitcoin and Ethereum, and, more recently, the Web3 movement and Layer-2 scaling architectures. We examine consensus mechanisms, cryptographic foundations, rollup-based Layer-2 protocols, and cross-chain interoperability through this historical lens, identify persistent challenges in scalability and modularity, and outline future directions toward Web4: an intelligent, decentralized internet integrating blockchain, artificial intelligence, and the Internet of Things.

Amirmohammad Pasdar, Zhongli Dong, Young Choon Lee

Blockchain is a form of distributed ledger technology (DLT) where data is shared among users connected over the internet. Transactions are data state changes on the blockchain that are permanently recorded in a secure and transparent way without the need of a third party. Besides, the introduction of smart contracts to the blockchain has added programmability to the blockchain and revolutionized the software ecosystem leading toward decentralized applications (DApps) attracting businesses and organizations to employ this technology. Although promising, blockchains and smart contracts have no access to the external systems (i.e., off-chain) where real-world data and events resides; consequently, the usability of smart contracts in terms of performance and programmability would be limited to the on-chain data. Hence, \emph{blockchain oracles} are introduced to mitigate the issue and are defined as trusted third-party services that send and verify the external information (i.e., feedback) and submit it to smart contracts for triggering state changes in the blockchain. In this paper, we will study and analyze blockchain oracles with regard to how they provide feedback to the blockchain and smart contracts. We classify the blockchain oracle techniques into two major groups such as voting-based strategies and reputation-based ones. The former mainly relies on participants' stakes for outcome finalization while the latter considers reputation in conjunction with authenticity proof mechanisms for data correctness and integrity. We then provide a structured description of patterns in detail for each classification and discuss research directions in the end.