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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

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

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

We use historical data to estimate the potential benefit of speculative techniques for executing Ethereum smart contracts in parallel. We replay transaction traces of sampled blocks from the Ethereum blockchain over time, using a simple…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-01-23 Vikram Saraph , Maurice Herlihy

Sidechain technology has been envisioned as a promising solution to accelerate today's public blockchains in terms of scalability and interoperability. By relying on the mainchain for security, different sidechains can formulate their own…

Cryptography and Security · Computer Science 2019-11-19 Fangyu Gai , Cesar Grajales , Jianyu Niu , Mohammad Mussadiq Jalalzai , Chen Feng

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

Blockchain's economic value lies in enabling financial and economic transactions without relying on trusted, centralized intermediaries. In practice, however, transactions pass through a fragmented chain of intermediaries before being…

General Economics · Economics 2026-05-05 Andrea Canidio , Vabuk Pahari

In this paper, we analyze the finality of the Filecoin network, focusing on dynamic probabilistic guarantees of tipset permanence in the canonical chain. Our approach differs from static analyses that consider only the worst-case scenario;…

Distributed, Parallel, and Cluster Computing · Computer Science 2026-04-28 Guy Goren , Jorge M. Soares

On March 13, 2024, Ethereum implemented EIP-4844, designed to enhance its role as a data availability layer. While this upgrade reduces data posting costs for rollups, it also raises concerns about its impact on the consensus layer due to…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-05-07 Seongwan Park , Bosul Mun , Seungyun Lee , Woojin Jeong , Jaewook Lee , Hyeonsang Eom , Huisu Jang

The state-of-the-art HotStuff operates an efficient pipeline in which a stable leader drives decisions with linear communication and two round-trips of message. However, the unifying proposing-voting pattern is not sufficient to improve the…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-03-22 Taining Cheng

Most of the Blockchain permissioned systems employ Byzantine fault-tolerance (BFT) consensus protocols to ensure that honest validators agree on the order for appending entries to their ledgers. In this paper, we study the performance and…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-10-13 Salem Alqahtani , Murat Demirbas

Ethereum is one of the most popular platforms for the development of blockchain-powered applications. These applications are known as Dapps. When engineering Dapps, developers need to translate requests captured in the front-end of their…

Software Engineering · Computer Science 2022-06-22 Michael Pacheco , Gustavo A. Oliva , Gopi Krishnan Rajbahadur , Ahmed E. Hassan

We introduce a modified Schnorr signature scheme to allow for time-bound signatures for transaction fee auction bidding and smart contract purposes in a blockchain context, ensuring an honest producer can only validate a signature before a…

Cryptography and Security · Computer Science 2025-10-07 Benjamin Marsh , Paolo Serafino

Optimistic rollups rely on fraud proofs -- interactive protocols executed on Ethereum to resolve conflicting claims about the rollup's state -- to scale Ethereum securely. To mitigate against potential censorship of protocol moves, fraud…

Computer Science and Game Theory · Computer Science 2025-02-28 Ben Berger , Edward W. Felten , Akaki Mamageishvili , Benny Sudakov

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's ideals of decentralization and censorship resistance are undermined in practice, motivating ongoing efforts to reestablish these properties. Existing proposals for fairness mechanisms depend on the assumption that a sufficient…

Distributed, Parallel, and Cluster Computing · Computer Science 2026-03-09 Patrick Spiesberger , Nils Henrik Beyer , Hannes Hartenstein

Ethereum is one of the most popular blockchain systems that supports more than half a million transactions every day and fosters miscellaneous decentralized applications with its Turing-complete smart contract machine. Whereas it remains…

Social and Information Networks · Computer Science 2020-01-16 Qianlan Bai , Chao Zhang , Yuedong Xu , Xiaowei Chen , Xin Wang

This study analyzes proposer-builder data and MEV-Boost payment data following the Ethereum merge in September 2022 to identify patterns of multi-block MEV. Our findings reveal fewer multi-slot sequences of builders than predicted by a…

Computer Science and Game Theory · Computer Science 2025-01-23 Pascal Stichler

Several recent proposals implicitly or explicitly suggest making use of randomized transaction ordering within a block to mitigate centralization effects and to improve fairness in the Ethereum ecosystem. However, transactions and blocks…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-10-01 Jan Droll

Achieving the equilibrium between scalability, sustainability, and security while keeping decentralization has prevailed as the target solution for decentralized blockchain applications over the last years. Several approaches have been…

Cryptography and Security · Computer Science 2022-09-23 Mikel Cortes-Goicoechea , Leonardo Bautista-Gomez