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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

Front-running attacks have been a major concern on the blockchain. Attackers launch front-running attacks by inserting additional transactions before upcoming victim transactions to manipulate victim transaction executions and make profits.…

Software Engineering · Computer Science 2023-05-04 Wuqi Zhang , Lili Wei , Shing-Chi Cheung , Yepang Liu , Shuqing Li , Lu Liu , Michael R. Lyu

Validators in permissionless, large-scale blockchains, such as Ethereum, are typically payoff-maximizing, rational actors. Ethereum relies on in-protocol incentives, like rewards for correct and timely votes, to induce honest behavior and…

Cryptography and Security · Computer Science 2025-05-06 Roozbeh Sarenche , Ertem Nusret Tas , Barnabe Monnot , Caspar Schwarz-Schilling , Bart Preneel

Smart contracts are a secure and trustworthy application that plays a vital role in decentralized applications in various fields such as insurance,the internet, and gaming. However, in recent years, smart contract security breaches have…

Cryptography and Security · Computer Science 2026-01-19 Jixuan Wu , Lei Xie , Xiaoqi Li

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

Maximal Extractable Value (MEV) drives the prosperity of the blockchain ecosystem. By strategically including, excluding, or reordering transactions within blocks, block producers can extract additional value, which in turn incentivizes…

Cryptography and Security · Computer Science 2024-10-11 Tianyang Chi , Ningyu He , Xiaohui Hu , Haoyu Wang

Blockchain technology (BT) Ethereum Smart Contracts allows programmable transactions that involve the transfer of monetary assets among peers on a BT network independent of a central authorizing agency. Ethereum Smart Contracts are programs…

Cryptography and Security · Computer Science 2021-05-21 Noama Fatima Samreen , Manar H. Alalfi

With the rapid advancement of blockchain technology, smart contracts have enabled the implementation of increasingly complex functionalities. However, ensuring the security of smart contracts remains a persistent challenge across the stages…

Cryptography and Security · Computer Science 2025-05-01 Yuchen Ding , Hongli Peng , Xiaoqi Li

Many Ethereum smart contracts rely on block attributes such as block.timestamp or blockhash to generate random numbers for applications like lotteries and games. However, these values are predictable and miner-manipulable, creating the Bad…

Cryptography and Security · Computer Science 2026-01-16 Hadis Rezaei , Rahim Taheri , Francesco Palmieri

While catastrophic attacks on Ethereum persist, vulnerability research remains fixated on implementation-level smart contract bugs, creating a gap between academic understanding of vulnerabilities and the root causes of high-impact,…

Cryptography and Security · Computer Science 2025-09-11 Hadis Rezaei , Mojtaba Eshghie , Karl Anderesson , Francesco Palmieri

Recently, a number of existing blockchain systems have witnessed major bugs and vulnerabilities within smart contracts. Although the literature features a number of proposals for securing smart contracts, these proposals mostly focus on…

Cryptography and Security · Computer Science 2018-12-17 Michael Rodler , Wenting Li , Ghassan O. Karame , Lucas Davi

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

Ethereum smart contracts are programs that are deployed and executed in a consensus-based blockchain managed by a peer-to-peer network. Several re-entrancy attacks that aim to steal Ether, the cryptocurrency used in Ethereum, stored in…

Cryptography and Security · Computer Science 2020-09-15 Yuichiro Chinen , Naoto Yanai , Jason Paul Cruz , Shingo Okamura

Ethereum is a distributed blockchain that can execute smart contracts, which inter-communicate and perform transactions automatically. The execution of smart contracts is paid in the form of gas, which is a monetary unit used in the…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-10-25 Kirk Baird , Seongho Jeong , Yeonsoo Kim , Bernd Burgstaller , Bernhard Scholz

Consensus algorithms facilitate agreement on and resolution of blockchain functions, such as smart contracts and transactions. Ethereum uses a Proof-of-Stake (PoS) consensus mechanism, which depends on financial incentives to ensure that…

Computer Science and Game Theory · Computer Science 2023-08-02 Alpesh Bhudia , Anna Cartwright , Edward Cartwright , Darren Hurley-Smith , Julio Hernandez-Castro

Blockchain and Cryptocurrencies are gaining unprecedented popularity and understanding. Meanwhile, Ethereum is gaining a significant popularity in the blockchain community, mainly due to the fact that it is designed in a way that enables…

Cryptography and Security · Computer Science 2018-07-06 TonTon Hsien-De Huang

While Ethereum smart contracts enabled a wide range of blockchain applications, they are extremely vulnerable to different forms of security attacks. Due to the fact that transactions to smart contracts commonly involve cryptocurrency…

Software Engineering · Computer Science 2019-06-12 Jianbo Gao , Han Liu , Chao Liu , Qingshan Li , Zhi Guan , Zhong Chen

Maximal Extractable Value (MEV) represents a pivotal challenge within the Ethereum ecosystem; it impacts the fairness, security, and efficiency of both Layer 1 (L1) and Layer 2 (L2) networks. MEV arises when miners or validators manipulate…

Cryptography and Security · Computer Science 2025-01-28 Zeinab Alipanahloo , Abdelhakim Senhaji Hafid , Kaiwen Zhang

Block-chain world is very dynamic and there is need for strong governance and underlying technology architecture to be robust to face challenges. This paper considers Ethereum, a leading block chain. We deep dive into the nature of this…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-10-21 G. Hall , M. Mansi , I. Makrant

Despite their increasing popularity, blockchains still suffer from severe scalability limitations. Recently, Ethereum proposed a novel approach to block validation based on Data Availability Sampling (DAS), that has the potential to improve…

Networking and Internet Architecture · Computer Science 2023-06-21 Michał Król , Onur Ascigil , Sergi Rene , Etienne Rivière , Matthieu Pigaglio , Kaleem Peeroo , Vladimir Stankovic , Ramin Sadre , Felix Lange