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Blockchain platforms such as Ethereum and several others execute complex transactions in blocks through user-defined scripts known as smart contracts. To append a correct block into blockchain, miners execute these transactions of smart…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-01-15 Parwat Singh Anjana , Sweta Kumari , Sathya Peri , Sachin Rathor , Archit Somani

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

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

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

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

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

Many blockchains such as Ethereum execute all incoming transactions sequentially significantly limiting the potential throughput. A common approach to scale execution is parallel execution engines that fully utilize modern multi-core…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-02-17 Ray Neiheiser , Eleftherios Kokoris-Kogias

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

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

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

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

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

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

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

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

Despite the success in various scenarios, blockchain systems, especially EVM-compatible ones that serially execute transactions, still face the significant challenge of limited throughput. Concurrent transaction execution is a promising…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-11-18 Haoran Lin , Yajin Zhou , Lei Wu

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

Conthereum is a concurrent Ethereum solution for intra-block parallel transaction execution, enabling validators to utilize multi-core infrastructure and transform the sequential execution model of Ethereum into a parallel one. This shift…

Cryptography and Security · Computer Science 2025-07-23 Atefeh Zareh Chahoki , Maurice Herlihy , Marco Roveri

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

Currently, blockchain proposals are being adopted to solve security issues, such as data integrity, resilience, and non-repudiation. To improve certain aspects, e.g., energy consumption and latency, of traditional blockchains, different…

Cryptography and Security · Computer Science 2020-05-05 Henry C. Nunes , Roben C. Lunardi , Avelin F. Zorzo , Regio A. Michelin , Salil S. Kanhere
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