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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

Ethereum Inscriptions (Ethscriptions) repurpose Ethereum calldata into a persistent inscription channel by embedding \texttt{data:}~URI payloads. These transactions typically target externally owned accounts, allowing the payload to bypass…

Computational Engineering, Finance, and Science · Computer Science 2026-03-20 Xihan Xiong , Minfeng Qi , Shiping Chen , Guangsheng Yu , Zhipeng Wang , Qin Wang

Blockchains are decentralized and immutable databases that are shared among the nodes of the network. Although blockchains have attracted a great scale of attention in the recent years by disrupting the traditional financial systems, the…

Cryptography and Security · Computer Science 2023-08-30 Goshgar Ismayilov , Can Ozturan

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

Smart contract transactions demonstrate issues of performance and correctness that application programmers must work around. Although the blockchain consensus mechanism approaches ACID compliance, use cases that rely on frequent state…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-05-30 Victor Cook , Zachary Painter , Christina Peterson , Damian Dechev

As the public Ethereum network surpasses half a billion transactions and enterprise Blockchain systems becoming highly capable of meeting the demands of global deployments, production Blockchain applications are fast becoming commonplace…

Cryptography and Security · Computer Science 2019-09-24 Evan Brinckman , Andrey Kuehlkamp , Jarek Nabrzyski , Ian J. Taylor

In this paper, we explore remarkable similarities between multi-transactional behaviors of smart contracts in cryptocurrencies such as Ethereum and classical problems of shared-memory concurrency. We examine two real-world examples from the…

Distributed, Parallel, and Cluster Computing · Computer Science 2017-02-21 Ilya Sergey , Aquinas Hobor

This paper investigates how pricing schemes can achieve efficient allocations in blockchain systems featuring multiple transaction queues under a global capacity constraint. I model a capacity-constrained blockchain where users submit…

General Economics · Economics 2025-02-26 Abdoulaye Ndiaye

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

In blockchain, bribery is an inevitable problem since users with various goals can bribe miners by transferring cryptoassets. To alleviate the negative effects of such collusion, Ethereum blockchain implemented new transaction fee mechanism…

Cryptography and Security · Computer Science 2022-06-07 Xiaotong Sun

In 2021 Ethereum adjusted the transaction pricing mechanism by implementing EIP-1559, which introduces the base fee - a network fee that is burned and dynamically adjusts to the network demand. The authors of the Ethereum Improvement…

Computer Science and Game Theory · Computer Science 2023-08-09 Sarah Azouvi , Guy Goren , Lioba Heimbach , Alexander Hicks

Increasing popularity of trading digital assets can lead to significant delays in Blockchain networks when processing transactions. When transaction fees become miners' primary revenue, an imbalance in reward may lead to miners adopting…

Cryptography and Security · Computer Science 2023-04-03 Gerui Zhang , Xiongfei Zhao , Yain-Whar Si

Blockchain and distributed ledger technologies rely on distributed consensus algorithms. In recent years many consensus algorithms and protocols have been proposed; most of them are for permissioned blockchain networks. However, the…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-01-19 Shiv Sondhi , Sherif Saad , Kevin Shi , Mohammad Mamun , Issa Traore

Modern applications often operate on data in multiple administrative domains. In this federated setting, participants may not fully trust each other. These distributed applications use transactions as a core mechanism for ensuring…

Distributed, Parallel, and Cluster Computing · Computer Science 2016-08-23 Isaac Sheff , Tom Magrino , Jed Liu , Andrew C. Myers , Robbert van Renesse

Parallel execution of smart contract transactions in large multicore architectures is critical for higher efficiency and improved throughput. The main bottleneck for maximizing the throughput of a node through parallel execution is…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-08-15 Parwat Singh Anjana , Matin Amini , Rohit Kapoor , Rahul Parmar , Raghavendra Ramesh , Srivatsan Ravi , Joshua Tobkin

Blockchains, and specifically smart contracts, have promised to create fair and transparent trading ecosystems. Unfortunately, we show that this promise has not been met. We document and quantify the widespread and rising deployment of…

Cryptography and Security · Computer Science 2019-04-11 Philip Daian , Steven Goldfeder , Tyler Kell , Yunqi Li , Xueyuan Zhao , Iddo Bentov , Lorenz Breidenbach , Ari Juels

Ethereum is a permissionless blockchain ecosystem that supports execution of smart contracts, the key enablers of decentralized finance (DeFi) and non-fungible tokens (NFT). However, the expressiveness of Ethereum smart contracts is a…

Cryptography and Security · Computer Science 2023-01-24 Nikolay Ivanov , Qiben Yan , Anurag Kompalli

This paper studies the market structure impact of cheaper and faster chains on the Uniswap v3 Protocol. The Uniswap Protocol is the largest decentralized application on Ethereum by both gas and blockspace used, and user behaviors of the…

Trading and Market Microstructure · Quantitative Finance 2024-03-18 Austin Adams

In this paper we provide a high performance solution to the problem of committing transactions while enforcing a predefined order. We provide the design and implementation of three algorithms, which deploy a specialized cooperative…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-12-17 Mohamed M. Saad , Masoomeh Javidi Kishi , Shihao Jing , Sandeep Hans , Roberto Palmieri

The interoperability across multiple or many blockchains would play a critical role in the forthcoming blockchain-based data management paradigm. In particular, how to ensure the ACID properties of those transactions across an arbitrary…

Databases · Computer Science 2020-02-28 Dongfang Zhao , Tonglin Li
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