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Over the last years, Ethereum has evolved into a public platform that safeguards the savings of hundreds of millions of people and secures more than $650 billion in assets, placing it among the top 25 stock exchanges worldwide in market…

Cryptography and Security · Computer Science 2026-05-19 Zeta Avarikioti , Ray Neiheiser , Krzysztof Pietrzak , Michelle X. Yeo

The prosperity of decentralized finance motivates many investors to profit via trading their crypto assets on decentralized applications (DApps for short) of the Ethereum ecosystem. Apart from Ether (the native cryptocurrency of Ethereum),…

Cryptography and Security · Computer Science 2022-07-06 Dabao Wang , Hang Feng , Siwei Wu , Yajin Zhou , Lei Wu , Xingliang Yuan

The Ethereum Virtual Machine (EVM) is a decentralized computing engine. It enables the Ethereum blockchain to execute smart contracts and decentralized applications (dApps). The increasing adoption of Ethereum sparked the rise of phishing…

Cryptography and Security · Computer Science 2025-06-25 Pasquale De Rosa , Simon Queyrut , Yérom-David Bromberg , Pascal Felber , Valerio Schiavoni

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

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

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

As the second largest cryptocurrency by market capitalization and today's biggest decentralized platform that runs smart contracts, Ethereum has received much attention from both industry and academia. Nevertheless, there exist very few…

Cryptography and Security · Computer Science 2021-07-13 Jianyu Niu , Chen Feng

Ethereum has adopted a rollup-centric roadmap to scale by making rollups (layer 2 scaling solutions) the primary method for handling transactions. The first significant step towards this goal was EIP-4844, which introduced blob transactions…

Computational Engineering, Finance, and Science · Computer Science 2025-02-19 Lioba Heimbach , Jason Milionis

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

We address the Threshold Information Disclosure (TID) problem on Ethereum: An arbitrary number of users commit to the scheduled disclosure of their individual messages recorded on the Ethereum blockchain if and only if all such messages are…

Cryptography and Security · Computer Science 2022-01-04 Oliver Stengele , Markus Raiber , Jörn Müller-Quade , Hannes Hartenstein

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

Spam poses a growing threat to blockchain networks. Adversaries can easily create multiple accounts to flood transaction pools, inflating fees and degrading service quality. Existing defenses against spam, such as fee markets and staking…

Cryptography and Security · Computer Science 2025-09-30 Rowdy Chotkan , Bulat Nasrulin , Jérémie Decouchant , Johan Pouwelse

Scalability is a common issue among the most used permissionless blockchains, and several approaches have been proposed to solve this issue. Tackling scalability while preserving the security and decentralization of the network is a…

Cryptography and Security · Computer Science 2023-11-10 Mikel Cortes-Goicoechea , Tarun Mohandas-Daryanani , Jose L. Muñoz-Tapia , Leonardo Bautista-Gomez

This publication describes the block winner selection process that will be used in a novel Proof-of-Useful-Work blockchain for High Energy Physics that the authors are currently working on. Instead of spamming hashing operations to mine…

Cryptography and Security · Computer Science 2023-12-05 Felix Hoffmann , Udo Kebschull

Demand for blockchains such as Bitcoin and Ethereum is far larger than supply, necessitating a mechanism that selects a subset of transactions to include "on-chain" from the pool of all pending transactions. This paper investigates the…

Cryptography and Security · Computer Science 2023-12-27 Tim Roughgarden

Most current blockchains require all full nodes to execute all tasks limits the throughput of existing blockchains, which are well documented and among the most significant hurdles for the widespread adoption of decentralized technology.…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-02-19 Alexander Hentschel , Yahya Hassanzadeh-Nazarabadi , Ramtin Seraj , Dieter Shirley , Layne Lafrance

Blockchains have popularized the Automated Market Makers (AMMs), where users trade crypto-assets directly with a smart contract, governed by a pricing function embedded in the contract's code. Today, users of AMMs are often forced to accept…

Computer Science and Game Theory · Computer Science 2026-05-28 Yuhao Li , Elaine Shi , Mengqian Zhang

Ethereum, a leading blockchain platform, has revolutionized the digital economy by enabling decentralized transactions and the execution of smart contracts. Ethereum transactions form the backbone of its network, facilitating peer-to-peer…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-07-30 Dvir David Biton , Roy Friedman , Yaron Hay

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

Analyzing Ethereum bytecode, rather than the source code from which it was generated, is a necessity when: (1) the source code is not available (e.g., the blockchain only stores the bytecode), (2) the information to be gathered in the…

Programming Languages · Computer Science 2018-11-20 Elvira Albert , Pablo Gordillo , Benjamin Livshits , Albert Rubio , Ilya Sergey