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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

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

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

The execution of smart contracts on Ethereum, a public blockchain system, incurs a fee called gas fee for its computation and data storage. When programmers develop smart contracts (e.g., in the Solidity programming language), they could…

Software Engineering · Computer Science 2025-07-29 Mengting He , Shihao Xia , Boqin Qin , Nobuko Yoshida , Tingting Yu , Yiying Zhang , Linhai Song

The gas mechanism in Ethereum charges the execution of every operation to ensure that smart contracts running in EVM (Ethereum Virtual Machine) will be eventually terminated. Failing to properly set the gas costs of EVM operations allows…

Cryptography and Security · Computer Science 2020-11-05 Ting Chen , Xiaoqi Li , Ying Wang , Jiachi Chen , Zihao Li , Xiapu Luo , Man Ho Au , Xiaosong Zhang

Gas is the transaction-fee metering system of the Ethereum network. Users of the network are required to select a gas price for submission with their transaction, creating a risk of overpaying or delayed/unprocessed transactions in this…

Machine Learning · Computer Science 2023-05-16 Conall Butler , Martin Crane

The cost of using a blockchain infrastructure as well as the time required to search and retrieve information from it must be considered when designing a decentralized application. In this work, we examine a comprehensive set of data…

Databases · Computer Science 2021-05-25 P. Kostamis , A. Sendros , P. S. Efraimidis

The gas fee, paid for inclusion in the blockchain, is analyzed in two parts. First, we consider how effort in terms of resources required to process and store a transaction turns into a gas limit, which, through a fee, comprised of the base…

Portfolio Management · Quantitative Finance 2024-11-07 Bernhard K Meister , Henry CW Price

Nowadays, more and more applications are developed for running on a distributed ledger technology, namely dApps. The business logic of dApps is usually implemented within smart contracts developed through Solidity, a programming language…

Software Engineering · Computer Science 2021-12-16 Andrea Di Sorbo , Sonia Laudanna , Anna Vacca , Corrado A. Visaggio , Gerardo Canfora

We present the main concepts, components, and usage of GASOL, a Gas AnalysiS and Optimization tooL for Ethereum smart contracts. GASOL offers a wide variety of cost models that allow inferring the gas consumption associated to selected…

Programming Languages · Computer Science 2019-12-30 Elvira Albert , Jesús Correas , Pablo Gordillo , Guillermo Román-Díez , Albert Rubio

The Ethereum blockchain has a \emph{gas system} that associates operations with a cost in gas units. Two central concepts of this system are the \emph{gas limit} assigned by the issuer of a transaction and the \emph{gas used} by a…

Software Engineering · Computer Science 2025-06-19 Danilo Rafael de Lima Cabral , Pedro Antonino , Augusto Sampaio

In the Ethereum network, miners are incentivized to include transactions in a block depending on the gas price specified by the sender. The sender of a transaction therefore faces a trade-off between timely inclusion and cost of his…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-01-21 Sam M. Werner , Paul J. Pritz , Daniel Perez

Blockchain applications are witnessing rapid evolution, necessitating the integration of upgradeable smart contracts. Software patterns have been proposed to summarize upgradeable smart contract best practices. However, research is missing…

Software Engineering · Computer Science 2024-05-16 Anto Benedetti , Tiphaine Henry , Sara Tucci-Piergiovanni

This paper presents a multi-contract blockchain framework for inter-provider agreements in 6G networks, emphasizing performance analysis under a realistic Proof-of-Stake (PoS) setting on Ethereum's Sepolia testnet. We begin by quantifying…

Networking and Internet Architecture · Computer Science 2025-04-02 Farhana Javed , Josep Mangues-Bafalluy

While a plethora of machine learning (ML) models are currently available, along with their implementation on disparate platforms, there is hardly any verifiable ML code which can be executed on public blockchains. We propose a novel…

Emerging Technologies · Computer Science 2025-03-11 Nikumbh Sarthak Sham , Sandip Chakraborty , Shamik Sural

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

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

As transaction fees skyrocket today, blockchains become increasingly expensive, hurting their adoption in broader applications. This work tackles the saving of transaction fees for economic blockchain applications. The key insight is that…

Cryptography and Security · Computer Science 2022-10-11 Yibo Wang , Yuzhe Tang

Smart contracts are programs that are executed on a blockhain. They have been used for applications in voting, decentralized finance, and supply chain management. However, vulnerabilities in smart contracts have been abused by hackers,…

Programming Languages · Computer Science 2021-10-19 Timothy Mou , Michael Coblenz , Jonathan Aldrich

Smart contracts are programs that are executed on the blockchain and can hold, manage and transfer assets in the form of cryptocurrencies. The contract's execution is then performed on-chain and is subject to consensus, i.e. every node on…

Cryptography and Security · Computer Science 2023-09-21 Soroush Farokhnia
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