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This paper presents EDSC, a novel smart contract platform design based on the event-driven execution model as opposed to the traditionally employed transaction-driven execution model. We reason that such a design is a better fit for many…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-01-15 Mudabbir Kaleem , Keshav Kasichainula , Rabimba Karanjai , Lei Xu , Zhimin Gao , Lin Chen , Weidong Shi

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 blockchain uses smart contracts (SCs) to implement decentralized applications (dApps). SCs are executed by the Ethereum virtual machine (EVM) running within an Ethereum client. Moreover, the EVM has been widely adopted by other…

Signal Processing · Electrical Eng. & Systems 2025-08-01 Joel Poncha Lemayian , Hachem Bensalem , Ghyslain Gagnon , Kaiwen Zhang , Pascal Giard

We introduce the DeTerministic Virtual Machine (DTVM) Stack, a next-generation smart contract execution framework designed to address critical performance, determinism, and ecosystem compatibility challenges in blockchain networks. Building…

With the advent of blockchain technologies, the idea of decentralized applications has gained traction. Smart contracts permit the implementation of application logic to foster distributed systems that are capable of removing…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-02-12 Martin Westerkamp

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

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 codify real-world transactions and automatically execute the terms of the contract when predefined conditions are met. This paper proposes SmartML, a modeling language for smart contracts that is platform independent and…

Software Engineering · Computer Science 2024-07-01 Adele Veschetti , Richard Bubel , Reiner Hähnle

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

The industrial market continuously needs reliable solutions to secure autonomous systems. Especially as these systems become more complex and interconnected, reliable security solutions are becoming increasingly important. One promising…

Cryptography and Security · Computer Science 2025-06-30 Önder Gürcan

The Ethereum protocol implements a replicated state machine. The network participants keep track of the system state by: 1) agreeing on the sequence of transactions to be processed and 2) computing the state transitions that correspond to…

Logic in Computer Science · Computer Science 2023-03-02 Franck Cassez , Joanne Fuller , Milad K. Ghale , David J. Pearce , Horacio M. A. Quiles

Ethereum smart contracts are public, immutable and distributed and, as such, they are prone to vulnerabilities sourcing from programming mistakes of developers. This paper presents SAFEVM, a verification tool for Ethereum smart contracts…

Programming Languages · Computer Science 2019-06-13 Elvira Albert , Jesús Correas , Pablo Gordillo , Guillermo Román-Díez , Albert Rubio

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

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

Formal verification entails testing software to ensure it operates as specified. Smart contracts are self-executing contracts with the terms of the agreement directly written into lines of code. They run on blockchain platforms and…

Software Engineering · Computer Science 2025-10-22 Rene Davila , Everardo Barcenas , Rocio Aldeco-Perez

Blockchain-based distributed computing platforms enable the trusted execution of computation - defined in the form of smart contracts - without trusted agents. Smart contracts are envisioned to have a variety of applications, ranging from…

Cryptography and Security · Computer Science 2018-02-28 Anastasia Mavridou , Aron Laszka

In the blockchain-based, distributed computing platform Ethereum, programs called smart contracts are compiled to bytecode and executed on the Ethereum Virtual Machine (EVM). Executing EVM bytecode is subject to monetary fees---a clear…

Logic in Computer Science · Computer Science 2020-05-13 Julian Nagele , Maria A Schett

The emerging blockchain technology supports decentralized computing paradigm shift and is a rapidly approaching phenomenon. While blockchain is thought primarily as the basis of Bitcoin, its application has grown far beyond cryptocurrencies…

Cryptography and Security · Computer Science 2020-06-23 Reza M. Parizi , Ali Dehghantanha , Kim-Kwang Raymond Choo , Amritraj Singh

The adoption of blockchain-based distributed computation platforms is growing fast. Some of these platforms, such as Ethereum, provide support for implementing smart contracts, which are envisioned to have novel applications in a broad…

Cryptography and Security · Computer Science 2017-11-28 Anastasia Mavridou , Aron Laszka

We present a toolchain for developing and verifying smart contracts that can be executed on Bitcoin. The toolchain is based on BitML, a recent domain-specific language for smart contracts with a computationally sound embedding into Bitcoin.…

Programming Languages · Computer Science 2019-08-06 Nicola Atzei , Massimo Bartoletti , Stefano Lande , Nobuko Yoshida , Roberto Zunino
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