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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

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

Gas is the transaction-fee metering system of the Ethereum network. Users of the network are required to select a gas price for submission with their transaction, creating a risk of overpaying or delayed/unprocessed transactions in this…

Machine Learning · Computer Science 2023-05-16 Conall Butler , Martin Crane

The rapid development of Internet of Things (IoT) technology has led to growing concerns about data security and user privacy in the interactions within distributed systems. Decentralized Applications (DApps) in distributed systems consist…

Cryptography and Security · Computer Science 2026-01-13 Xiangyu Liu , Brian Lee , Yuansong Qiao

Ethereum has become one of the primary global platforms for cryptocurrency, playing an important role in promoting the diversification of the financial ecosystem. However, the relative lag in regulation has led to a proliferation of…

Cryptography and Security · Computer Science 2024-07-03 Jiajun Zhou , Xuanze Chen , Shengbo Gong , Chenkai Hu , Chengxiang Jin , Shanqing Yu , Qi Xuan

Blockchain technology is widely expected to reduce transaction costs by automating contract enforcement and eliminating intermediaries; yet, the execution costs imposed by network congestion have received little attention in the operations…

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

Current Ethereum fraud detection methods rely on context-independent, numerical transaction sequences, failing to capture semantic of account transactions. Furthermore, the pervasive homogeneity in Ethereum transaction records renders it…

Cryptography and Security · Computer Science 2025-09-05 Yifan Jia , Yanbin Wang , Jianguo Sun , Ye Tian , Peng Qian

Smart contracts enable users to execute payments depending on complex program logic. Ethereum is the most notable example of a blockchain that supports smart contracts leveraged for countless applications including games, auctions and…

Cryptography and Security · Computer Science 2022-10-14 Tommaso Frassetto , Patrick Jauernig , David Koisser , David Kretzler , Benjamin Schlosser , Sebastian Faust , Ahmad-Reza Sadeghi

Energy storage units (ESUs) enable several attractive features of modern smart grids such as enhanced grid resilience, effective demand response, and reduced bills. However, uncoordinated charging of ESUs stresses the power system and can…

Cryptography and Security · Computer Science 2019-04-03 Mohamed Baza , Mahmoud Nabil , Muhammad Ismail , Mohamed Mahmoud , Erchin Serpedin , Mohammad Rahman

Ethereum recently unveiled its upcoming roadmap's \textit{Splurge} phase, highlighting the integration of EIP-\hlhref{https://eips.ethereum.org/EIPS/eip-3074}{4337} as a foundational standard for account abstraction (AA). AA aims to enhance…

Cryptography and Security · Computer Science 2023-09-04 Qin Wang , Shiping Chen

Attribute-Based Encryption (ABE) is a promising solution for access control in cloud services. However, the heavy decryption overhead hinders its widespread adoption. A general approach to address this issue is to outsource decryption to…

Cryptography and Security · Computer Science 2024-11-07 Dongliang Cai , Borui Chen , Liang Zhang , Kexin Li , Haibin Kan

In the last few years, electric utility companies have increasingly invested into transactive energy systems. This trend was primarily caused by the integration of distributed energy resources (DERs) and internet-of-things (IoT) devices…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-03-01 Mario Felipe Munoz , Kaiwen Zhang , Fatima Amara

Cryptocurrencies such as Bitcoin and Ethereum have made payment transactions possible without a trusted third party, but they have a scalability issue due to their consensus mechanisms. Payment networks have emerged to overcome this…

Cryptography and Security · Computer Science 2025-03-25 Junmo Lee , Seongjun Kim , Sanghyeon Park , Soo-Mook Moon

Blockchain creates a secure environment on top of strict cryptographic assumptions and rigorous security proofs. It permits on-chain interactions to achieve trustworthy properties such as traceability, transparency, and accountability.…

Cryptography and Security · Computer Science 2022-01-04 Chunchi Liu , Hechuan Guo , Minghui Xu , Shengling Wang , Dongxiao Yu , Jiguo Yu , Xiuzhen Cheng

Popular Ethereum wallets (like MetaMask) entrust centralized infrastructure providers (e.g., Infura) to run the consensus client logic on their behalf. As a result, these wallets are light-weight and high-performant, but come with security…

Cryptography and Security · Computer Science 2023-10-26 Shresth Agrawal , Joachim Neu , Ertem Nusret Tas , Dionysis Zindros

This paper introduces a fraud-deterrent access validation system for public blockchains, leveraging two complementary concepts: "Transaction Proximity", which measures the distance between wallets in the transaction graph, and "Easily…

Cryptography and Security · Computer Science 2025-06-02 Gordon Y. Liao , Ziming Zeng , Mira Belenkiy , Jacob Hirshman

Smart contracts are trustworthy, immutable, and automatically executed programs on the blockchain. Their execution requires the Gas mechanism to ensure efficiency and fairness. However, due to non-optimal coding practices, many contracts…

Artificial Intelligence · Computer Science 2025-07-22 Jingyi Zheng , Zifan Peng , Yule Liu , Junfeng Wang , Yifan Liao , Wenhan Dong , Xinlei He

A trusted electronic election system requires that all the involved information must go public, that is, it focuses not only on transparency but also privacy issues. In other words, each ballot should be counted anonymously, correctly, and…

Cryptography and Security · Computer Science 2018-04-19 Wei-Jr Lai Ja-Ling Wu

Trusted execution environment (TEE) technology has found many applications in mitigating various security risks in an efficient manner, which is attractive for critical infrastructure protection. First, the natural of critical…

Cryptography and Security · Computer Science 2023-09-14 Rabimba Karanjai , Rowan Collier , Zhimin Gao , Lin Chen , Xinxin Fan , Taeweon Suh , Weidong Shi , Lei Xu