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Airdrop is a crucial concept in tokenomics. Startups of decentralized applications (DApps) reward early supporters by airdropping newly issued tokens up to a certain amount as a free giveaway. This naturally induces greedy hackers, called…

Cryptography and Security · Computer Science 2022-09-13 Zheng Liu , Hongyang Zhu

The world has been experiencing a mind-blowing expansion of blockchain technology since it was first introduced as an emerging means of cryptocurrency called bitcoin. Currently, it has been regarded as a pervasive frame of reference across…

Cryptography and Security · Computer Science 2021-11-23 Ziaur Rahman , Xun Yi , Ibrahim Khalil , Andrei Kelarev

Modern cryptocurrencies exploit decentralised blockchains to record a public and unalterable history of transactions. Besides transactions, further information is stored for different, and often undisclosed, purposes, making the blockchains…

Cryptography and Security · Computer Science 2017-11-07 Massimo Bartoletti , Andrea Bracciali , Stefano Lande , Livio Pompianu

Distributed ledger technology such as blockchain is considered essential for supporting large numbers of micro-transactions in the Machine Economy, which is envisioned to involve billions of connected heterogeneous and decentralized…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-05-27 Christoffer Fink , Olov Schelén , Ulf Bodin

The Ethereum platform allows developers to implement and deploy applications called Dapps onto the blockchain for public use through the use of smart contracts. To execute code within a smart contract, a paid transaction must be issued…

Software Engineering · Computer Science 2022-06-20 Michael Pacheco , Gustavo A. Oliva , Gopi Krishnan Rajbahadur , Ahmed E. Hassan

Blockchain technology has developed significantly over the last decade. One of the reasons for this is its sustainability architecture, which does not allow modification of the history of committed transactions. That means that developers…

Logic in Computer Science · Computer Science 2021-09-08 Ivan Fedotov , Anton Khritankov

Bitcoin rise has put blockchain technology into the mainstream, amplifying its potential and broad utility. While Bitcoin has become incredibly famous, its transaction rate has not match such a corresponding increase. It still takes…

Cryptography and Security · Computer Science 2024-06-21 Han Song , Zhongche Qu , Yihao Wei

Decentralized blockchain platforms have enabled the secure exchange of crypto-assets without the intermediation of trusted authorities. To this purpose, these platforms rely on a peer-to-peer network of byzantine nodes, which…

Cryptography and Security · Computer Science 2023-06-22 Massimo Bartoletti , Letterio Galletta , Maurizio Murgia

Off-chain transaction networks can mitigate the scalability issues of today's trustless electronic cash systems such as Bitcoin. However, these peer-to-peer networks also introduce a new attack surface which is not well-understood today.…

Cryptography and Security · Computer Science 2019-09-17 Saar Tochner , Stefan Schmid , Aviv Zohar

Blockchain networks provide a reliable trust anchor to decentralized applications (DApps) backed by smart contracts. The Ethereum ecosystem now encompasses most blockchain networks that provide compatible support for smart contracts code.…

Software Engineering · Computer Science 2025-04-16 Cătălina Lazăr , Gabriela Secrieru , Emanuel Onica

Blockchain enables peer-to-peer transactions in cyberspace without a trusted third party. The rapid growth of Ethereum and smart contract blockchains generally calls for well-designed Transaction Fee Mechanisms (TFMs) to allocate limited…

General Economics · Economics 2023-05-05 Luyao Zhang , Fan Zhang

Blockchain uses the idea of storing transaction data in the form of a distributed ledger wherein each node in the network stores a current copy of the sequence of transactions in the form of a hash chain. This requirement of storing the…

Information Theory · Computer Science 2018-01-09 Ravi Kiran Raman , Lav R. Varshney

The interoperability across multiple or many blockchains would play a critical role in the forthcoming blockchain-based data management paradigm. In particular, how to ensure the ACID properties of those transactions across an arbitrary…

Databases · Computer Science 2020-02-28 Dongfang Zhao , Tonglin Li

In Bitcoin and Ethereum, nodes require large storage capacity to maintain all the blockchain data, such as transactions, UTXOs, and account states. As of May 2020, the storage size of the Bitcoin blockchain has expanded to 270 GB, and it…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-07-17 Ryunosuke Nagayama , Ryohei Banno , Kazuyuki Shudo

Bitcoin blockchain faces the bitcoin scalability problem, for which bitcoin's blocks contain the transactions on the bitcoin network. The on-chain transaction processing capacity of the bitcoin network is limited by the average block…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-08-14 Changting Lin , Ning Ma , Xun Wang , Zhenguang Liu , Jianhai Chen , Shouling Ji

This thesis focuses on aspects related to the functioning of the gossip networks underlying three relatively popular cryptocurrencies: Ethereum, Nano and IOTA. We look at topics such as automatic discovery of peers when a new node joins the…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-08-13 Sunny Katkuri

This paper studies the market structure impact of cheaper and faster chains on the Uniswap v3 Protocol. The Uniswap Protocol is the largest decentralized application on Ethereum by both gas and blockspace used, and user behaviors of the…

Trading and Market Microstructure · Quantitative Finance 2024-03-18 Austin Adams

In Bitcoin, transaction malleability describes the fact that the signatures that prove the ownership of bitcoins being transferred in a transaction do not provide any integrity guarantee for the signatures themselves. This allows an…

Cryptography and Security · Computer Science 2014-12-30 Christian Decker , Roger Wattenhofer

On high-throughput, low-fee blockchains, a qualitatively new form of maximal extractable value (MEV) has emerged: searchers submit large volumes of speculative transactions, whose profitability is resolved only at execution time. We refer…

Computer Science and Game Theory · Computer Science 2026-04-02 Wenhao Wang , Aditya Saraf , Lioba Heimbach , Kushal Babel , Fan Zhang

As ethereum blockchain has become popular, the number of users and transactions has skyrocketed, causing an explosive increase of its data size. As a result, ordinary clients using PCs or smartphones cannot easily bootstrap as a full node,…

Computation and Language · Computer Science 2019-11-15 Jae-Yun Kim , Jun-Mo Lee , Yeon-Jae Koo , Sang-Hyeon Park , Soo-Mook Moon
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