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Fairness is an important trait of open, free markets. Ethereum is a platform meant to enable digital, decentralized markets. Though many researchers debate the market's fairness, there are few discussions around the fairness of automated…

密码学与安全 · 计算机科学 2021-02-09 Kentaro Sako , Shin'ichiro Matsuo , Sachin Meier

Low transaction throughput and poor scalability are significant issues in public blockchain consensus protocols such as Bitcoins. Recent research efforts in this direction have proposed shard-based consensus protocols where the key idea is…

计算机科学与博弈论 · 计算机科学 2018-09-26 Mohammad Hossein Manshaei , Murtuza Jadliwala , Anindya Maiti , Mahdi Fooladgar

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…

密码学与安全 · 计算机科学 2019-05-03 Renlord Yang , Toby Murray , Paul Rimba , Udaya Parampalli

Hashed Timelock (HTLC)-based atomic swap protocols enable the exchange of coins between two or more parties without relying on a trusted entity. This protocol is like the American call option without premium. It allows the finalization of a…

密码学与安全 · 计算机科学 2022-11-30 Subhra Mazumdar

Participation in permissionless blockchains results in competition over system resources, which needs to be controlled with fees. Ethereum's current fee mechanism is implemented via a first-price auction that results in unpredictable fees…

计算机科学与博弈论 · 计算机科学 2021-06-08 Stefanos Leonardos , Barnabé Monnot , Daniël Reijsbergen , Stratis Skoulakis , Georgios Piliouras

Given the low throughput of blockchains like Bitcoin and Ethereum, scalability - the ability to process an increasing number of transactions - has become a central focus of blockchain research. One promising approach is the parallelization…

计算机科学与博弈论 · 计算机科学 2025-08-11 Bahar Acilan , Andrei Constantinescu , Lioba Heimbach , Roger Wattenhofer

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…

投资组合管理 · 定量金融 2024-11-07 Bernhard K Meister , Henry CW Price

Bitcoin uses blockchain technology to maintain transactions order and provides probabilistic guarantee to prevent double-spending, assuming that an attacker's computational power does not exceed %50 of the network power. In this paper, we…

密码学与安全 · 计算机科学 2024-11-19 Ghader Ebrahimpour , Mohammad Sayad Haghighi

This paper examines the dynamics of the cryptocurrency market and proposes a novel blockchain-based protocol for real estate transactions. Our analysis includes a detailed review of price trends, volatility, and correlations within the…

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…

计算机科学与博弈论 · 计算机科学 2023-08-09 Sarah Azouvi , Guy Goren , Lioba Heimbach , Alexander Hicks

Blockchains are meant to be persistent: posted transactions are immutable and cannot be changed. When a theft takes place, there are limited options for reversing the disputed transaction, and this has led to significant losses in the…

密码学与安全 · 计算机科学 2022-10-11 Kaili Wang , Qinchen Wang , Dan Boneh

Peer-to-peer (p2p) content delivery is promising to provide benefits like cost-saving and scalable peak-demand handling in comparison with conventional content delivery networks (CDNs) and complement the decentralized storage networks such…

密码学与安全 · 计算机科学 2021-09-28 Songlin He , Yuan Lu , Qiang Tang , Guiling Wang , Chase Qishi Wu

Public blockchains group submitted transactions into batches, called blocks. A natural question is how to determine which transactions are included in these batches. In this note, we show a gap between the welfare of so-called `fair'…

最优化与控制 · 数学 2023-09-15 Theo Diamandis , Guillermo Angeris

The present dissertation addresses the problem of fairly distributing shared resources in non-commercial blockchain networks. Blockchains are distributed systems that order and timestamp records of a given network of users, in a public,…

密码学与安全 · 计算机科学 2025-06-24 Serdar Metin

Blockchains have sparked global interest in recent years, gaining importance as they increasingly influence technology and finance. This thesis investigates the robustness of blockchain protocols, specifically focusing on Ethereum…

密码学与安全 · 计算机科学 2024-12-02 Ulysse Pavloff

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…

综合经济学 · 经济学 2026-05-05 Andrea Canidio , Vabuk Pahari

Smart contracts are stateful programs deployed on blockchains; they secure over a trillion dollars in transaction value per year. High-stakes smart contracts often rely on timely alerts about external events, but prior work has not analyzed…

密码学与安全 · 计算机科学 2026-04-14 Marwa Mouallem , Lorenz Breidenbach , Ittay Eyal , Ari Juels

Byzantine general problem is the core problem of the consensus algorithm, and many protocols are proposed recently to improve the decentralization level, the performance and the security of the blockchain. There are two challenging issues…

分布式、并行与集群计算 · 计算机科学 2019-07-09 Tzu-Wei Chao , Hao Chung , Po-Chun Kuo

We propose a model suggesting that honest-but-rational consensus participants may play timing games, and strategically delay their block proposal to optimize MEV capture, while still ensuring the proposal's timely inclusion in the canonical…

计算机科学与博弈论 · 计算机科学 2023-05-17 Caspar Schwarz-Schilling , Fahad Saleh , Thomas Thiery , Jennifer Pan , Nihar Shah , Barnabé Monnot

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…

分布式、并行与集群计算 · 计算机科学 2026-03-09 Patrick Spiesberger , Nils Henrik Beyer , Hannes Hartenstein