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Smart contract transactions demonstrate issues of performance and correctness that application programmers must work around. Although the blockchain consensus mechanism approaches ACID compliance, use cases that rely on frequent state…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-05-30 Victor Cook , Zachary Painter , Christina Peterson , Damian Dechev

Cross-Blockchain communication has gained traction due to the increasing fragmentation of blockchain networks and scalability solutions such as side-chaining and sharding. With SmartSync, we propose a novel concept for cross-blockchain…

Cryptography and Security · Computer Science 2022-09-01 Martin Westerkamp , Axel Küpper

Recently, enterprises have paid attention to permissioned blockchain (BC), where business transactions among inter-authorized organizations (forming a consortium) can automatically be executed on the basis of a distributed consensus…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-02-01 Tatsuya Sato , Yosuke Himura , Jun Nemoto

Public blockchains have spurred the growing popularity of decentralized transactions and smart contracts, but they exhibit limitations on the transaction throughput, storage, and computation. To avoid transaction gridlock, public…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-07-13 Nikolay Ivanov , Qiben Yan , Qingyang Wang

Efficiency is a fundamental property of any type of program, but it is even more so in the context of the programs executing on the blockchain (known as smart contracts). This is because optimizing smart contracts has direct consequences on…

Programming Languages · Computer Science 2023-01-13 Elvira Albert , Jesús Correas , Pablo Gordillo , Guillermo Román-Díez , Albert Rubio

Smart contracts are programs running on cryptocurrency (e.g., Ethereum) blockchains, whose popularity stem from the possibility to perform financial transactions, such as payments and auctions, in a distributed environment without need for…

Cryptography and Security · Computer Science 2018-04-24 Ilya Grishchenko , Matteo Maffei , Clara Schneidewind

Bitcoin has attracted everyone's attention and interest recently. Ethereum (ETH), a second generation cryptocurrency, extends Bitcoin's design by offering a Turing-complete programming language called Solidity to develop smart contracts.…

Programming Languages · Computer Science 2018-04-05 Jiao Jiao , Shuanglong Kan , Shang-Wei Lin , David Sanan , Yang Liu , Jun Sun

Smart contracts are widely utilized in cross-chain interactions, where their results are transmitted from one blockchain (the producer blockchain) to another (the consumer blockchain). Unfortunately, the consumer blockchain often accepts…

Cryptography and Security · Computer Science 2024-08-20 Hong Su

Vote-based blockchains construct a state machine replication (SMR) system among participating nodes, using Byzantine Fault Tolerance (BFT) consensus protocols to transition from one state to another. Currently, they rely on either…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-12-25 Yibin Xu , Jianhua Shao , Tijs Slaats , Boris Düdder , Yongluan Zhou

Blockchain emerged as a solution for data integrity, non-repudiation, and availability in different applications. Data sensitive scenarios, such as Health Care, can also benefit from these blockchain properties. Consequently, different…

Ethereum clients execute transactions in a sequential order prescribed by the consensus protocol. This is a safe and conservative approach to blockchain transaction processing which forgoes running transactions in parallel even when doing…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-01-31 Nadi Sarrar

Bitcoin and Ethereum, whose miners arguably collectively comprise the most powerful computational resource in the history of mankind, offer no more power for processing and verifying transactions than a typical smart phone. The system…

Cryptography and Security · Computer Science 2019-08-14 Jason Teutsch , Christian Reitwießner

Blockchains are modern distributed systems that provide decentralized financial capabilities with trustable guarantees. Smart contracts are programs written in specialized programming languages running on a blockchain and govern how tokens…

Cryptography and Security · Computer Science 2022-07-11 Margarita Capretto , Martin Ceresa , Cesar Sanchez

State-of-the-art \emph{software transactional memory (STM)} implementations achieve good performance by carefully avoiding the overhead of \emph{incremental validation} (i.e., re-reading previously read data items to avoid inconsistency)…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-07-08 Trevor Brown , Srivatsan Ravi

In this paper we discuss how conventional business contracts can be converted into smart contracts---their electronic equivalents that can be used to systematically monitor and enforce contractual rights, obligations and prohibitions at run…

Computers and Society · Computer Science 2018-05-03 Carlos Molina-Jimenez , Ellis Solaiman , Ioannis Sfyrakis , Irene Ng , Jon Crowcroft

Smart contracts are autonomous and immutable pieces of code that are deployed on blockchain networks and run by miners. They were first introduced by Ethereum in 2014 and have since been used for various applications such as security…

Software Engineering · Computer Science 2024-07-08 Mahdi Fooladgar , Fathiyeh Faghih

In this paper, we explore remarkable similarities between multi-transactional behaviors of smart contracts in cryptocurrencies such as Ethereum and classical problems of shared-memory concurrency. We examine two real-world examples from the…

Distributed, Parallel, and Cluster Computing · Computer Science 2017-02-21 Ilya Sergey , Aquinas Hobor

In blockchains such as Bitcoin and Ethereum, users compete in a transaction fee auction to get their transactions confirmed in the next block. A line of recent works set forth the desiderata for a "dream" transaction fee mechanism (TFM),…

Computer Science and Game Theory · Computer Science 2022-11-07 Hao Chung , Elaine Shi

Classic BFT consensus protocols guarantee safety and liveness for all clients if fewer than one-third of replicas are faulty. However, in applications such as high-value payments, some clients may want to prioritize safety over liveness.…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-12-05 Joachim Neu , Srivatsan Sridhar , Lei Yang , David Tse

The evaluation of smart contract reputability is essential to foster trust in decentralized ecosystems. However, existing methods that rely solely on code analysis or transactional data, offer limited insight into evolving trustworthiness.…

Machine Learning · Computer Science 2025-04-01 Cyrus Malik , Josef Bajada , Joshua Ellul