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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

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

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

Blockchain received a vast amount of attention in recent years and is still growing. The second generation of blockchain, such as Ethereum, allows execution of almost any program in Ethereum Virtual Machine (EVM), making it a global…

Cryptography and Security · Computer Science 2024-05-07 Robert Susik , Robert Nowotniak

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

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 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 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

Gas is a measurement unit of the computational effort that it will take to execute every single operation that takes part in the Ethereum blockchain platform. Each instruction executed by the Ethereum Virtual Machine (EVM) has an associated…

Programming Languages · Computer Science 2019-08-08 Elvira Albert , Pablo Gordillo , Albert Rubio , Ilya Sergey

As a blockchain platform that has developed vigorously in recent years, Ethereum is different from Bitcoin in that it introduces smart contracts into blockchain.Solidity is one of the most mature and widely used smart contract programming…

Software Engineering · Computer Science 2019-11-25 Pengcheng Zhang , Feng Xiao , Xiapu Luo

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

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

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 recent years we have witnessed a dramatic increase in the adoption and application of smart contracts in a variety of contexts such as decentralized finance, supply chain management, and identity management. However, a critical stumbling…

Cryptography and Security · Computer Science 2024-10-22 Behkish Nassirzadeh , Huaiying Sun , Sebastian Banescu , Vijay Ganesh

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

We propose a novel framework for off-chain execution and verification of computationally-intensive smart contracts. Our framework is the first solution that avoids duplication of computing effort across multiple contractors, does not…

Cryptography and Security · Computer Science 2021-04-27 Emrah Sariboz , Kartick Kolachala , Gaurav Panwar , Roopa Vishwanathan , Satyajayant Misra

As 6G networks evolve, inter-provider agreements become crucial for dynamic resource sharing and network slicing across multiple domains, requiring on-demand capacity provisioning while enabling trustworthy interaction among diverse…

Networking and Internet Architecture · Computer Science 2025-03-04 Farhana Javed , Josep Mangues-Bafalluy

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

Context: Smart contract vulnerabilities pose significant security risks for the Ethereum ecosystem, driving the development of automated tools for detection and mitigation. Smart contracts are written in Solidity, a programming language…

Software Engineering · Computer Science 2025-04-09 Gerardo Iuliano , Davide Corradini , Michele Pasqua , Mariano Ceccato , Dario Di Nucci

Smart contracts are programs running on a blockchain. They are immutable to change, and hence can not be patched for bugs once deployed. Thus it is critical to ensure they are bug-free and well-designed before deployment. A Contract defect…

Software Engineering · Computer Science 2020-04-20 Jiachi Chen , Xin Xia , David Lo , John Grundy , Daniel Xiapu Luo , Ting Chen
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