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Many reports regarding online fraud in varieties media create skepticism for conducting transactions online, especially through an open network such as the Internet, which offers no security whatsoever. Therefore, encryption technology is…

Cryptography and Security · Computer Science 2012-07-19 Mohammad Nabil Almunawar

EIP-1559 is a proposal to make several tightly coupled additions to Ethereum's transaction fee mechanism, including variable-size blocks and a burned base fee that rises and falls with demand. This report assesses the game-theoretic…

Computer Science and Game Theory · Computer Science 2020-12-03 Tim Roughgarden

Ethereum's Gas mechanism attempts to set transaction fees in accordance with the computational cost of transaction execution: a cost borne by default by every node on the network to ensure correct smart contract execution. Gas encourages…

Cryptography and Security · Computer Science 2019-05-03 Renlord Yang , Toby Murray , Paul Rimba , Udaya Parampalli

Ethereum is undergoing significant changes to its architecture as it evolves. These changes include its switch to PoS consensus and the introduction of significant infrastructural changes that do not require a change to the core protocol,…

Theoretical Economics · Economics 2023-12-25 Simon Brown

The rise of smart contract systems such as Ethereum has resulted in a proliferation of blockchain-based decentralized applications including applications that store and manage a wide range of data. Current smart contracts are designed to be…

Cryptography and Security · Computer Science 2019-02-26 Chao Li , Balaji Palanisamy , Runhua Xu

Ethereum smart contracts are distributed programs running on top of the Ethereum blockchain. Since program flaws can cause significant monetary losses and can hardly be fixed due to the immutable nature of the blockchain, there is a strong…

Cryptography and Security · Computer Science 2021-01-15 Clara Schneidewind , Markus Scherer , Matteo Maffei

Cryptocurrency is a well-developed blockchain technology application that is currently a heated topic throughout the world. The public availability of transaction histories offers an opportunity to analyze and compare different…

Statistical Finance · Quantitative Finance 2018-08-28 Jiaqi Liang , Linjing Li , Daniel Zeng

In blockchain, bribery is an inevitable problem since users with various goals can bribe miners by transferring cryptoassets. To alleviate the negative effects of such collusion, Ethereum blockchain implemented new transaction fee mechanism…

Cryptography and Security · Computer Science 2022-06-07 Xiaotong Sun

Ethereum's scalability has been a major concern due to its limited transaction throughput and high fees. To address these limitations, Polygon has emerged as a sidechain solution that facilitates asset transfers between Ethereum and…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-04-23 Tao Yan , Chuanshan Huang , Claudio J. Tessone

Blockchain represents a technology for establishing a shared, immutable version of the truth between a network of participants that do not trust one another, and therefore has the potential to disrupt any financial or other industries that…

Computers and Society · Computer Science 2016-11-02 Marek Laskowski , Henry M. Kim

Cryptocurrency is a form of digital currency using cryptographic techniques in a decentralized system for secure peer-to-peer transactions. It is gaining much popularity over traditional methods of payments because it facilitates a very…

Cryptography and Security · Computer Science 2023-08-01 Samyak Jain , Sarthak Johari , Radhakrishnan Delhibabu

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

Modern blockchains, such as Ethereum, enable the execution of so-called smart contracts - programs that are executed across a decentralised network of nodes. As smart contracts become more popular and carry more value, they become more of…

Cryptography and Security · Computer Science 2019-05-31 Christof Ferreira Torres , Mathis Steichen , Radu State

Public blockchains implement a fee mechanism to allocate scarce computational resources across competing transactions. Most existing fee market designs utilize a joint, fungible unit of account (e.g., gas in Ethereum) to price otherwise…

Optimization and Control · Mathematics 2022-11-04 Theo Diamandis , Alex Evans , Tarun Chitra , Guillermo Angeris

As the largest blockchain platform that supports smart contracts, Ethereum has developed with an incredible speed. Yet due to the anonymity of blockchain, the popularity of Ethereum has fostered the emergence of various illegal activities…

Computers and Society · Computer Science 2023-03-29 Qishuang Fu , Dan Lin , Yiyue Cao , Jiajing Wu

The advent of blockchain technology and its adoption across various sectors have raised critical discussions about the need for regulatory mechanisms to ensure consumer protection, maintain financial stability, and address privacy concerns…

Cryptography and Security · Computer Science 2024-07-16 Oshani Seneviratne

Scalability is a common issue among the most used permissionless blockchains, and several approaches have been proposed to solve this issue. Tackling scalability while preserving the security and decentralization of the network is a…

Cryptography and Security · Computer Science 2023-11-10 Mikel Cortes-Goicoechea , Tarun Mohandas-Daryanani , Jose L. Muñoz-Tapia , Leonardo Bautista-Gomez

The cross-blockchain transaction remains one of the most challenging problems in blockchains. The root cause of the challenge lies in the nondeterministic nature of blockchains: A $n$-party transaction across multiple blockchains might be…

Cryptography and Security · Computer Science 2020-04-17 Dongfang Zhao

The global financial landscape is experiencing significant transformation driven by technological advancements and evolving market dynamics. Moreover, blockchain technology has become a pivotal platform with widespread applications,…

Computational Engineering, Finance, and Science · Computer Science 2024-07-30 Maruf Ahmed Mridul , Kaiyang Chang , Aparna Gupta , Oshani Seneviratne

Blockchain-based cryptocurrencies have received extensive attention recently. Massive data has been stored on permission-less blockchains. The analysis on massive blockchain data can bring huge business values. However, the lack of…

Cryptography and Security · Computer Science 2019-12-18 Peilin Zheng , Zibin Zheng , Hong-ning Dai