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Smart contracts are programs running on cryptocurrency (e.g., Ethereum) blockchains, whose popularity stem from the possibility to perform financial transactions, such as payments and auctions, in a distributed environment without need for…

Cryptography and Security · Computer Science 2018-04-24 Ilya Grishchenko , Matteo Maffei , Clara Schneidewind

Bitcoin has attracted everyone's attention and interest recently. Ethereum (ETH), a second generation cryptocurrency, extends Bitcoin's design by offering a Turing-complete programming language called Solidity to develop smart contracts.…

Programming Languages · Computer Science 2018-04-05 Jiao Jiao , Shuanglong Kan , Shang-Wei Lin , David Sanan , Yang Liu , Jun Sun

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 Ethereum platform supports the decentralized execution of smart contracts, i.e. computer programs that transfer digital assets between users. The most common language used to develop these contracts is Solidity, a Javascript-like…

Programming Languages · Computer Science 2019-08-08 Massimo Bartoletti , Letterio Galletta , Maurizio Murgia

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

The increasing demand for scalable blockchain has driven research into parallel execution models for smart contracts. Crystality is a novel smart contract programming language designed for parallel Ethereum Virtual Machines (EVMs), enabling…

Programming Languages · Computer Science 2025-04-25 Ziyun Xu , Hao Wang , Meng Sun

This paper reports on the development and verification of a novel formal symbolic process virtual machine (FSPVM) for verifying the reliability and security of Ethereum smart contracts, denoted as FSPVM-E, completely in Coq proof assistant.…

Programming Languages · Computer Science 2019-07-04 Zheng Yang , Hang Lei

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 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

We report our experience in the formal verification of the reference implementation of the Beacon Chain. The Beacon Chain is the backbone component of the new Proof-of-Stake Ethereum 2.0 network: it is in charge of tracking information…

Programming Languages · Computer Science 2021-10-26 Franck Cassez , Joanne Fuller , Aditya Asgaonkar

The widespread lack of broad source code verification on blockchain explorers such as Etherscan, where despite 78,047,845 smart contracts deployed on Ethereum (as of May 26, 2025), a mere 767,520 (< 1%) are open source, presents a severe…

Cryptography and Security · Computer Science 2025-06-25 Isaac David , Liyi Zhou , Dawn Song , Arthur Gervais , Kaihua Qin

Ethereum smart contracts are executable programs, deployed on a peer-to-peer network and executed in a consensus-based fashion. Their bytecode is public, immutable and once deployed to the blockchain, cannot be patched anymore. As smart…

Cryptography and Security · Computer Science 2019-07-10 Konrad Weiss , Julian Schütte

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

This paper presents SigVM, a novel blockchain virtual machine that supports an event-driven execution model, enabling developers to build autonomous smart contracts. Contracts in SigVM can emit signal events, on which other contracts can…

Programming Languages · Computer Science 2021-11-18 Zihan Zhao , Sidi Mohamed Beillahi , Ryan Song , Yuxi Cai , Andreas Veneris , Fan Long

Smart contracts are programs that execute inside blockchains such as Ethereum to manipulate digital assets. Since bugs in smart contracts may lead to substantial financial losses, there is considerable interest in formally proving their…

Programming Languages · Computer Science 2021-09-10 Christian Bräm , Marco Eilers , Peter Müller , Robin Sierra , Alexander J. Summers

As the number of decentralized applications and users on Ethereum grows, the ability of the blockchain to efficiently handle a growing number of transactions becomes increasingly strained. Ethereums current execution model relies heavily on…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-04-03 Souradeep Das , Konpat Preechakul , Jonas Bäumer , Riddhi Patel , Jefferson Jinchuan Li

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

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

We present a methodology to develop verified smart contracts. We write smart contracts, their specifications and implementations in the verification-friendly language Dafny. In our methodology the ability to write specifications,…

Logic in Computer Science · Computer Science 2022-08-08 Franck Cassez , Joanne Fuller , Horacio Mijail Anton Quiles

The EVM language is a simple stack-based language with words of 256 bits, with one significant difference between the EVM and other virtual machine languages (like Java Bytecode or CLI for .Net programs): the use of the stack for saving the…

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