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Ethereum has emerged as a dynamic platform for exchanging cryptocurrency tokens. While token crowdsales cannot simultaneously guarantee buyers both certainty of valuation and certainty of participation, we show that if each token buyer…

Theoretical Economics · Economics 2019-08-14 Jason Teutsch , Vitalik Buterin , Christopher Brown

Ethereum is one of the most popular blockchain systems that supports more than half a million transactions every day and fosters miscellaneous decentralized applications with its Turing-complete smart contract machine. Whereas it remains…

Social and Information Networks · Computer Science 2020-01-16 Qianlan Bai , Chao Zhang , Yuedong Xu , Xiaowei Chen , Xin Wang

Ethereum smart contracts are highly powerful, immutable, and able to retain massive amounts of tokens. However, smart contracts keep attracting attackers to benefit from smart contract flaws and Ethereum unexpected behavior. Thus,…

Cryptography and Security · Computer Science 2024-04-10 Wejdene Haouari , Abdelhakim Senhaji Hafid , Marios Fokaefs

The emergence of blockchain technology has revolutionized contract execution through the introduction of smart contracts. Ethereum, the leading blockchain platform, leverages smart contracts to power decentralized applications (DApps),…

Cryptography and Security · Computer Science 2025-10-23 Tahrim Hossain , Sakib Hassan , Faisal Haque Bappy , Muhammad Nur Yanhaona , Tarannum Shaila Zaman , Tariqul Islam

In this paper we provide a high performance solution to the problem of committing transactions while enforcing a predefined order. We provide the design and implementation of three algorithms, which deploy a specialized cooperative…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-12-17 Mohamed M. Saad , Masoomeh Javidi Kishi , Shihao Jing , Sandeep Hans , Roberto Palmieri

Smart contracts are full-fledged programs that run on blockchains (e.g., Ethereum, one of the most popular blockchains). In Ethereum, gas (in Ether, a cryptographic currency like Bitcoin) is the execution fee compensating the computing…

Software Engineering · Computer Science 2020-11-05 Ting Chen , Xiaoqi Li , Xiapu Luo , Xiaosong Zhang

Permissionless blockchains allow the execution of arbitrary programs (called smart contracts), enabling mutually untrusted entities to interact without relying on trusted third parties. Despite their potential, repeated security concerns…

Cryptography and Security · Computer Science 2018-08-27 Petar Tsankov , Andrei Dan , Dana Drachsler Cohen , Arthur Gervais , Florian Buenzli , Martin Vechev

We prove lower bounds for higher-order methods in smooth non-convex finite-sum optimization. Our contribution is threefold: We first show that a deterministic algorithm cannot profit from the finite-sum structure of the objective, and that…

Optimization and Control · Mathematics 2021-07-05 Nicolas Emmenegger , Rasmus Kyng , Ahad N. Zehmakan

Owing to the meteoric rise in the usage of cryptocurrencies, there has been a widespread adaptation of traditional financial applications such as lending, borrowing, margin trading, and more, to the cryptocurrency realm. In some cases, the…

Cryptography and Security · Computer Science 2025-05-19 Emrah Sariboz , Gaurav Panwar , Roopa Vishwanathan , Satyajayant Misra

A bug or error is a common problem that any software or computer program may encounter. It can occur from badly writing the program, a typing error or bad memory management. However, errors can become a significant issue if the unsafe…

Programming Languages · Computer Science 2019-08-29 Zeinab Nehai , François Bobot

Smart contracts are small programs that run autonomously on the blockchain, using it as their persistent memory. The predominant platform for smart contracts is the Ethereum VM (EVM). In EVM smart contracts, a problem with significant…

Programming Languages · Computer Science 2025-12-01 Sifis Lagouvardos , Yannis Bollanos , Michael Debono , Neville Grech , Yannis Smaragdakis

The multi-chain future is upon us. Modular architectures are coming to maturity across the ecosystem to scale bandwidth and throughput of cryptocurrency. One example of such is the Ethereum modular architecture, with its beacon chain, its…

Cryptography and Security · Computer Science 2021-12-07 Alexandre Obadia , Alejo Salles , Lakshman Sankar , Tarun Chitra , Vaibhav Chellani , Philip Daian

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

Blockchains add transactions to a distributed shared ledger by arriving at consensus on sets of transactions contained in blocks. This provides a total ordering on a set of global transactions. However, total ordering is not enough to…

Cryptography and Security · Computer Science 2024-08-27 Anshuman Misra , Ajay D. Kshemkalyani

In deduction modulo, a theory is not represented by a set of axioms but by a congruence on propositions modulo which the inference rules of standard deductive systems---such as for instance natural deduction---are applied. Therefore, the…

Logic in Computer Science · Computer Science 2019-03-14 Guillaume Burel

Classic BFT consensus protocols guarantee safety and liveness for all clients if fewer than one-third of replicas are faulty. However, in applications such as high-value payments, some clients may want to prioritize safety over liveness.…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-12-05 Joachim Neu , Srivatsan Sridhar , Lei Yang , David Tse

We present Solythesis, a source to source Solidity compiler which takes a smart contract code and a user specified invariant as the input and produces an instrumented contract that rejects all transactions that violate the invariant. The…

Programming Languages · Computer Science 2020-12-15 Ao Li , Jemin Andrew Choi , Fan Long

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

Fundamentally, every static program analyser searches for a proof through a combination of heuristics providing candidate solutions and a candidate validation technique. Essentially, the heuristic reduces a second-order problem to a…

Logic in Computer Science · Computer Science 2015-01-20 Cristina David , Daniel Kroening , Matt Lewis

Smart contracts show a high potential for ensuring that Supply Chain Management strategies make a qualitative leap toward higher levels of optimality, not only in terms of efficiency and profitability but also in the aggregation of skills…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-05-16 Paolo Bottoni , Claudio Di Ciccio , Remo Pareschi , Nicola Gessa , Gilda Massa
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