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Modern cryptocurrency systems, such as Ethereum, permit complex financial transactions through scripts called smart contracts. These smart contracts are executed many, many times, always without real concurrency. First, all smart contracts…

Distributed, Parallel, and Cluster Computing · Computer Science 2017-02-16 Thomas Dickerson , Paul Gazzillo , Maurice Herlihy , Eric Koskinen

Popular blockchains such as Ethereum and several others execute complex transactions in blocks through user-defined scripts known as smart contracts. Serial execution of smart contract transactions/atomic-units (AUs) fails to harness the…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-02-18 Parwat Singh Anjana , Sweta Kumari , Sathya Peri , Sachin Rathor , Archit Somani

This paper proposes an efficient framework to execute Smart Contract Transactions (SCTs) concurrently based on object semantics, using optimistic Single-Version Object-based Software Transactional Memory Systems (SVOSTMs) and Multi-Version…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-01-24 Parwat Singh Anjana , Hagit Attiya , Sweta Kumari , Sathya Peri , Archit Somani

Parallel execution of smart contract transactions in large multicore architectures is critical for higher efficiency and improved throughput. The main bottleneck for maximizing the throughput of a node through parallel execution is…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-08-15 Parwat Singh Anjana , Matin Amini , Rohit Kapoor , Rahul Parmar , Raghavendra Ramesh , Srivatsan Ravi , Joshua Tobkin

Blockchain technology is booming up the digital world in recent days and thus paved a way for creating separate blockchain network for various industries. This technology is characterized by its distributed, decentralized, and immutable…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-10-31 Ankit Ravish , Akshay Tejwani , Piduguralla Manaswini , Sathya Peri

Today's blockchains suffer from low throughput and high latency, which impedes their widespread adoption of more complex applications like smart contracts. In this paper, we propose a novel paradigm for smart contract execution. It…

Cryptography and Security · Computer Science 2023-06-09 Jian Liu , Peilun Li , Raymond~Cheng , N. Asokan , Dawn Song

We use historical data to estimate the potential benefit of speculative techniques for executing Ethereum smart contracts in parallel. We replay transaction traces of sampled blocks from the Ethereum blockchain over time, using a simple…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-01-23 Vikram Saraph , Maurice Herlihy

Smart contract (SC) platforms form blocks of transactions into a chain and execute them via user-defined smart contracts. In conventional platforms like Bitcoin and Ethereum, the transactions within a block are executed \emph{sequentially}…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-04-10 Quan Nguyen , Andre Cronje , Michael Kong

Block-STM is a parallel execution engine for smart contracts, built around the principles of Software Transactional Memory. Transactions are grouped in blocks, and every execution of the block must yield the same deterministic outcome.…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-08-29 Rati Gelashvili , Alexander Spiegelman , Zhuolun Xiang , George Danezis , Zekun Li , Dahlia Malkhi , Yu Xia , Runtian Zhou

Although the emergence of the programmable smart contract makes blockchain systems easily embrace a wider range of industrial areas, how to execute smart contracts efficiently becomes a big challenge nowadays. Due to the existence of…

Databases · Computer Science 2019-05-20 Shuaifeng Pang , Xiaodong Qi , Zhao Zhang , Cheqing Jin , Aoying Zhou

Blockchain validators can reduce block processing time by exploiting multi-core CPUs, but deterministic execution must preserve a given total order while respecting transaction conflicts and per-block runtime limits. This paper…

Distributed, Parallel, and Cluster Computing · Computer Science 2026-02-04 Arivarasan Karmegam , Lucianna Kiffer , Antonio Fernández Anta

With the development of Ethereum, numerous blockchains compatible with Ethereum's execution environment (i.e., Ethereum Virtual Machine, EVM) have emerged. Developers can leverage smart contracts to run various complex decentralized…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-09-24 Chaoyue Yin , Mingzhe Li , Jin Zhang , You Lin , Qingsong Wei , Siow Mong Rick Goh

The development of blockchain technologies has enabled the trustless execution of so-called smart contracts, i.e. programs that regulate the exchange of assets (e.g., cryptocurrency) between users. In a decentralized blockchain, the state…

Programming Languages · Computer Science 2020-04-28 Massimo Bartoletti , Letterio Galletta , Maurizio Murgia

Traditional public blockchain systems typically had very limited transaction throughput because of the bottleneck of the consensus protocol itself. With recent advances in consensus technology, the performance limit has been greatly lifted,…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-02-11 Péter Garamvölgyi , Yuxi Liu , Dong Zhou , Fan Long , Ming Wu

In the blockchain-based, distributed computing platform Ethereum, programs called smart contracts are compiled to bytecode and executed on the Ethereum Virtual Machine (EVM). Executing EVM bytecode is subject to monetary fees---a clear…

Logic in Computer Science · Computer Science 2020-05-13 Julian Nagele , Maria A Schett

One of the main bottlenecks of blockchains is smart contract execution. To increase throughput, modern blockchains try to execute transactions in parallel. Unfortunately, however, common blockchain use cases introduce read-write conflicts…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-05-13 George Mitenkov , Igor Kabiljo , Zekun Li , Alexander Spiegelman , Satyanarayana Vusirikala , Zhuolun Xiang , Aleksandar Zlateski , Nuno P. Lopes , Rati Gelashvili

The increasing adoption of blockchain technology has led to a growing demand for higher transaction throughput. Traditional blockchain platforms, such as Ethereum, execute transactions sequentially within each block, limiting scalability.…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-03-26 Xiaodong Qi , Xinran Chen , Asiy , Neil Han

Blockchain technology is a distributed, decentralized, and immutable ledger system. It is the platform of choice for managing smart contract transactions (SCTs). Smart contracts are self-executing codes of agreement between interested…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-03-06 Manaswini Piduguralla , Saheli Chakraborty , Parwat Singh Anjana , Sathya Peri

Modern blockchains support a variety of distributed applications beyond cryptocurrencies, including smart contracts -- which let users execute arbitrary code in a distributed and decentralized fashion. Regardless of their intended…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-01-15 Orestis Alpos , Christian Cachin , Giorgia Azzurra Marson , Luca Zanolini

Executing smart contracts is a compute and storage-intensive task, which currently dominates modern blockchain's performance. Given that computers are becoming increasingly multicore, concurrency is an attractive approach to improve…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-04-14 Yaron Hay , Roy Friedman
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