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相关论文: Empirically Analyzing Ethereum's Gas Mechanism

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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…

综合经济学 · 经济学 2023-05-05 Luyao Zhang , Fan Zhang

Existing fair exchange protocols usually neglect consideration of cost when assessing their fairness. However, in an environment with non-negligible transaction cost, e.g., public blockchains, high or unexpected transaction cost might be an…

分布式、并行与集群计算 · 计算机科学 2022-03-16 Matthias Lohr , Kenneth Skiba , Marco Konersmann , Jan Jürjens , Steffen Staab

Blockchain offers a decentralized, immutable, transparent system of records. It offers a peer-to-peer network of nodes with no centralised governing entity making it unhackable and therefore, more secure than the traditional paper-based or…

密码学与安全 · 计算机科学 2019-11-27 Harsh Jot Singh , Abdelhakim Senhaji Hafid

Consensus protocols are currently the bottlenecks that prevent blockchain systems from scaling. However, we argue that transaction execution is also important to the performance and security of blockchains. In other words, there are ample…

分布式、并行与集群计算 · 计算机科学 2020-07-15 Daniël Reijsbergen , Tien Tuan Anh Dinh

Modern cryptocurrency systems, such as Ethereum, permit complex financial transactions through scripts called smart contracts. These smart contracts are executed many, many times, always without real concurrency. First, all smart contracts…

分布式、并行与集群计算 · 计算机科学 2017-02-16 Thomas Dickerson , Paul Gazzillo , Maurice Herlihy , Eric Koskinen

Recently, graph embedding techniques have been widely used in the analysis of various networks, but most of the existing embedding methods omit the network dynamics and the multiplicity of edges, so it is difficult to accurately describe…

社会与信息网络 · 计算机科学 2021-01-07 Jiajing Wu , Dan Lin , Zibin Zheng , Qi Yuan

Two MEV builders now produce nearly 80\% of Ethereum blocks. Block builders have the ability to reorder transactions on the blockchain in a way that can be harmful to participants. We estimate they would pay in the aggregate nearly \$14…

交易与市场微观结构 · 定量金融 2026-05-20 Bruce Mizrach , Nathaniel Yoshida

This paper presents iBatch, a middleware system running on top of an operational Ethereum network to enable secure batching of smart-contract invocations against an untrusted relay server off-chain. iBatch does so at a low overhead by…

密码学与安全 · 计算机科学 2021-08-25 Yibo Wang , Kai Li , Yuzhe Tang , Jiaqi Chen , Qi Zhang , Xiapu Luo , Ting Chen

Decentralized blockchain platforms have enabled the secure exchange of crypto-assets without the intermediation of trusted authorities. To this purpose, these platforms rely on a peer-to-peer network of byzantine nodes, which…

密码学与安全 · 计算机科学 2023-06-22 Massimo Bartoletti , Letterio Galletta , Maurizio Murgia

Despite their increasing popularity, blockchains still suffer from severe scalability limitations. Recently, Ethereum proposed a novel approach to block validation based on Data Availability Sampling (DAS), that has the potential to improve…

网络与互联网体系结构 · 计算机科学 2023-06-21 Michał Król , Onur Ascigil , Sergi Rene , Etienne Rivière , Matthieu Pigaglio , Kaleem Peeroo , Vladimir Stankovic , Ramin Sadre , Felix Lange

Traditional blockchain systems, such as Ethereum, typically rely on a \emph{single volatile cryptocurrency for transaction fees}. This leads to fluctuating transaction fee prices and limits the flexibility of users' payment options. To…

计算工程、金融与科学 · 计算机科学 2024-11-22 Mingzhe Li , Bo Gao , Kentaroh Toyoda , Yechao Yang , Juniarto Samsudin , Haibin Zhang , Sifei Lu , Tai Hou Tng , Kerching Choo , Andy Ting , Siow Mong Rick Goh , Qingsong Wei

In blockchains such as Bitcoin and Ethereum, transactions represent the primary mechanism that the external world can use to trigger a change of blockchain state. Transactions serve as key sources of evidence and play a vital role in…

密码学与安全 · 计算机科学 2024-05-15 Chao Li , Balaji Palanisamy

Blockchain applications are witnessing rapid evolution, necessitating the integration of upgradeable smart contracts. Software patterns have been proposed to summarize upgradeable smart contract best practices. However, research is missing…

软件工程 · 计算机科学 2024-05-16 Anto Benedetti , Tiphaine Henry , Sara Tucci-Piergiovanni

Smart contract platforms facilitate the development of important and diverse distributed applications in a simple manner. This simplicity stems from the inherent utility of employing the state of smart contracts to store, query and verify…

分布式、并行与集群计算 · 计算机科学 2019-08-05 Christos Patsonakis , Mema Roussopoulos

The out-of-gas error occurs when smart contract programs are provided with inputs that cause excessive gas consumption, and would be easily exploited to make the DoS attack. Multiple approaches have been proposed to estimate the gas limit…

密码学与安全 · 计算机科学 2021-02-22 Fuchen Ma , Ying Fu , Meng Ren , Wanting Sun , Houbing Song , Yu Jiang , Jun Sun , Jiaguang Sun

Maximum extractable value (MEV) has been extensively studied. In most papers, the researchers have worked with the Ethereum blockchain almost exclusively. Even though, Ethereum and other blockchains have dynamic gas prices this is not the…

密码学与安全 · 计算机科学 2023-03-09 Facundo Carrillo , Elaine Hu

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…

交易与市场微观结构 · 定量金融 2024-03-18 Austin Adams

Transaction fee markets are essential components of blockchain economies, as they resolve the inherent scarcity in the number of transactions that can be added to each block. In early blockchain protocols, this scarcity was resolved through…

计算机科学与博弈论 · 计算机科学 2022-12-16 Stefanos Leonardos , Daniël Reijsbergen , Barnabé Monnot , Georgios Piliouras

Scalability is a common issue among the most used permissionless blockchains, and several approaches have been proposed accordingly. As Ethereum is set to be a solid foundation for a decentralized Internet web, the need for tackling…

密码学与安全 · 计算机科学 2021-01-01 Mikel Cortes-Goicoechea , Luca Franceschini , Leonardo Bautista-Gomez

We develop a general and practical framework to address the problem of the optimal design of dynamic fee mechanisms for multiple blockchain resources. Our framework allows to compute policies that optimally trade-off between adjusting…

计算机科学与博弈论 · 计算机科学 2023-09-25 Davide Crapis , Ciamac C. Moallemi , Shouqiao Wang