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Currently, Gasper, the implemented consensus protocol of Ethereum, takes between 64 and 95 slots to finalize blocks. Because of that, a significant portion of the chain is susceptible to reorgs. The possibility to capture MEV (Maximum…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-08-16 Francesco D'Amato , Luca Zanolini

While Ethereum has successfully achieved dynamic availability together with safety, a fundamental delay remains between transaction execution and immutable finality. In Ethereum's current Gasper protocol, this latency is on the order of 15…

Cryptography and Security · Computer Science 2026-01-14 Yash Saraswat , Abhimanyu Nag

Gasper, the consensus protocol currently employed by Ethereum, typically requires 64 to 95 slots -- the units of time during which a new chain extending the previous one by one block is proposed and voted -- to finalize. This means that…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-11-04 Francesco D'Amato , Roberto Saltini , Thanh-Hai Tran , Luca Zanolini

A Confirmation Rule, within blockchain networks, refers to an algorithm implemented by network nodes that determines (either probabilistically or deterministically) the permanence of certain blocks on the blockchain. An example of…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-09-30 Aditya Asgaonkar , Francesco D'Amato , Roberto Saltini , Luca Zanolini , Chenyi Zhang

Immediate settlement, or single-slot finality (SSF), is a long-term goal for Ethereum. The growing active validator set size is placing an increasing computational burden on the network, making SSF more challenging. EIP-7251 aims to reduce…

Applications · Statistics 2024-04-22 Sandra Johnson , Kerrie Mengersen , Patrick O'Callaghan , Anders L. Madsen

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

Ethereum Research team has proposed a family of Casper blockchain consensus protocols for Ethereum 2.0. It has been shown in the literature that Casper Friendly Finality Gadget (Casper FFG) for Ethereum 2.0's beacon network cannot achieve…

Cryptography and Security · Computer Science 2020-12-11 Yongge Wang

We present "Gasper," a proof-of-stake-based consensus protocol, which is an idealized version of the proposed Ethereum 2.0 beacon chain. The protocol combines Casper FFG, a finality tool, with LMD GHOST, a fork-choice rule. We prove safety,…

Cryptography and Security · Computer Science 2020-05-13 Vitalik Buterin , Diego Hernandez , Thor Kamphefner , Khiem Pham , Zhi Qiao , Danny Ryan , Juhyeok Sin , Ying Wang , Yan X Zhang

The CAP theorem says that no blockchain can be live under dynamic participation and safe under temporary network partitions. To resolve this availability-finality dilemma, we formulate a new class of flexible consensus protocols,…

Cryptography and Security · Computer Science 2021-02-05 Joachim Neu , Ertem Nusret Tas , David Tse

Motivated by proof-of-stake (PoS) blockchains such as Ethereum, two key desiderata have recently been studied for Byzantine-fault tolerant (BFT) state-machine replication (SMR) consensus protocols: Finality means that the protocol retains…

Cryptography and Security · Computer Science 2024-01-22 Joachim Neu , Ertem Nusret Tas , David Tse

We present an overview of hybrid Casper the Friendly Finality Gadget (FFG): a Proof-of-Stake checkpointing protocol overlaid onto Ethereum's Proof-of-Work blockchain. We describe its core functionalities and reward scheme, and explore its…

Cryptography and Security · Computer Science 2021-07-20 Vitalik Buterin , Daniel Reijsbergen , Stefanos Leonardos , Georgios Piliouras

Achieving low-latency consensus in geographically distributed systems remains a key challenge for blockchain and distributed database applications. To this end, there has been significant recent interest in State-Machine-Replication (SMR)…

Distributed, Parallel, and Cluster Computing · Computer Science 2026-01-28 Brendan Kobayashi Chou , Andrew Lewis-Pye , Patrick O'Grady

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

There has been recently a lot of progress in designing efficient partially synchronous BFT consensus protocols that are meant to serve as core consensus engines for Proof of Stake blockchain systems. While the state-of-the-art solutions…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-01-19 Daniel Kane , Andreas Fackler , Adam Gągol , Damian Straszak

Ethereum's transaction pool (mempool) dynamics and fee market efficiency critically affect transaction inclusion, validator workload, and overall network performance. This research empirically analyzes gas price variations, mempool…

Cryptography and Security · Computer Science 2025-06-10 S M Mostaq Hossain , Amani Altarawneh

A transaction fee mechanism (TFM) is an essential component of a blockchain protocol. However, a systematic evaluation of the real-world impact of TFMs is still absent. Using rich data from the Ethereum blockchain, the mempool, and…

General Economics · Economics 2025-08-11 Yulin Liu , Yuxuan Lu , Kartik Nayak , Fan Zhang , Luyao Zhang , Yinhong Zhao

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

The LMD GHOST consensus protocol is a critical component of proof-of-stake Ethereum. In its current form, this protocol is brittle, as evidenced by recent attacks and patching attempts. We propose Goldfish, a new protocol that satisfies key…

Cryptography and Security · Computer Science 2024-01-02 Francesco D'Amato , Joachim Neu , Ertem Nusret Tas , David Tse

Ethereum represents new innovation in the fields of cryptocurrency which has become relatively stagnate, promising many things, including an entire programming language and development enviroment built into the network. However the current…

Cryptography and Security · Computer Science 2016-12-15 Abrahim Ladha , Sharbani Pandit , Sanya Ralhan

In order to have transactions executed and recorded on blockchains such as the Ethereum Mainnet, fees expressed in crypto-currency units of the blockchain must be paid. One can buy crypto-currency called Ether of the Ethereum blockchain…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-08-20 Serdar Metin , Can Özturan
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