arXiv subjects

Zonglun Li

Publications and source records attributed to Zonglun Li.

4 recordsLinked to original sources

arXiv2026

SoK of RWA Tokenization: A Systematization of Concepts, Architectures, and Legal Interoperability

The global financial architecture is undergoing a shift from intermediary centric-settlement to programmable infrastructure, to transmute trillions in static illiquid capital into active, high-velocity instruments. We argue that Real World Asset (RWA) tokenization represents a conceptual evolution beyond mere digitization, converting passive ledger entries into programmable economic agents capable of autonomous settlement and algorithmic collateralization. However, achieving such seamless capital efficiency necessitates resolving the fundamental friction between deterministic on-chain code and probabilistic off-chain reality, navigating the oracle problem and jurisdictional interoperability. This systematization of knowledge presents a taxonomy for the RWA lifecycle and deconstructs the multi-layered architecture, spanning legal custody, technical standards, and cryptoeconomic valuation, required to enforce off-chain rights within on-chain environments. We study systemic constraints such as latency and regulatory fragmentation through a comparative overview of sovereign debt, private credit, and real estate protocols, complemented by an empirical case study of on-chain U.S. Treasuries. We synthesize these findings to propose a prognostic outlook, positing that while asset tokenization provides a transitional bridge, it is not necessarily the inevitable shift compared to the emergence of unified, programmable ledgers.

q-fin.GN↗

arXiv2025

Opportunity-Cost-Driven Reward Mechanisms for Crowd-Sourced Computing Platforms

This paper introduces a game-theoretic model tailored for reward distribution on crowd-sourced computing platforms. It explores a repeated game framework where miners, as computation providers, decide their computation power contribution in each round, guided by the platform's designed reward distribution mechanism. The reward for each miner in every round is based on the platform's randomized task payments and the miners' computation transcripts. Specifically, it defines Opportunity-Cost-Driven Incentive Compatibility (OCD-IC) and Dynamic OCD-IC (DOCD-IC) for scenarios where strategic miners might allocate some computation power to more profitable activities, such as Bitcoin mining. The platform must also achieve Budget Balance (BB), aiming for a non-negative total income over the long term. This paper demonstrates that traditional Pay-Per-Share (PPS) reward schemes require assumptions about task demand and miners' opportunity costs to ensure OCD-IC and BB, yet they fail to satisfy DOCD-IC. The paper then introduces Pay-Per-Share with Subsidy (PPSS), a new reward mechanism that allows the platform to provide subsidies to miners, thus eliminating the need for assumptions on opportunity cost to achieve OCD-IC, DOCD-IC, and long-term BB.

cs.GT↗

arXiv2024

In-Orbit Processing or Not? Sunlight-Aware Task Scheduling for Energy-Efficient Space Edge Computing Networks

With the rapid evolution of space-borne capabilities, space edge computing (SEC) is becoming a new computation paradigm for future integrated space and terrestrial networks. Satellite edges adopt advanced on-board hardware, which not only enables new opportunities to perform complex intelligent tasks in orbit, but also involves new challenges due to the additional energy consumption in power-constrained space environment. In this paper, we present PHOENIX, an energy-efficient task scheduling framework for emerging SEC networks. PHOENIX exploits a key insight that in the SEC network, there always exist a number of sunlit edges which are illuminated during the entire orbital period and have sufficient energy supplement from the sun. PHOENIX accomplishes energy-efficient in-orbit computing by judiciously offloading space tasks to "sunlight-sufficient" edges or to the ground. Specifically, PHOENIX first formulates the SEC battery energy optimizing (SBEO) problem which aims at minimizing the average battery energy consumption while satisfying various task completion constraints. Then PHOENIX incorporates a sunlight-aware scheduling mechanism to solve the SBEO problem and schedule SEC tasks efficiently. Finally, we implement a PHOENIX prototype and build an SEC testbed. Extensive data-driven evaluations demonstrate that as compared to other state-of-the-art solutions, PHOENIX can effectively reduce up to 54.8% SEC battery energy consumption and prolong battery lifetime to 2.9$\times$ while still completing tasks on time.

cs.NI↗

arXiv2023

Superconducting phases of YH9 under pressure

Yttrium superhydrides has attracted much attention due to their multiple stoichiometries and excellent superconductivities under high pressure. Especially, YH9 have a Tc of 243 K, which is the second highest Tc among all binary hydrides. It exhibits a positive pressure dependence of Tc below 200 GPa, contrary to the results of theoretical prediction. In order to explore the origin of Tc at low pressure, we extensively investigated the crystal structure of YH9 at different pressure, and found a distorted cage structure with a symmetry of Pnma. This phase has the lowest enthalpy at pressure below 220 GPa, and its X-ray diffraction patterns is consistent with experimental data. Most importantly, the pressure dependence of Tc in phase Pnma is in line with the experimental results. Further calculations show the structural distortion strongly affect the lattice vibration and electron-phonon coupling, leads to the Pnma phase exhibiting a positive pressure dependence of Tc.

cond-mat.supr-con↗