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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…

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

The Ethereum blockchain has a \emph{gas system} that associates operations with a cost in gas units. Two central concepts of this system are the \emph{gas limit} assigned by the issuer of a transaction and the \emph{gas used} by a…

软件工程 · 计算机科学 2025-06-19 Danilo Rafael de Lima Cabral , Pedro Antonino , Augusto Sampaio

As the number of decentralized applications and users on Ethereum grows, the ability of the blockchain to efficiently handle a growing number of transactions becomes increasingly strained. Ethereums current execution model relies heavily on…

分布式、并行与集群计算 · 计算机科学 2025-04-03 Souradeep Das , Konpat Preechakul , Jonas Bäumer , Riddhi Patel , Jefferson Jinchuan Li

Today's blockchains suffer from low throughput and high latency, which impedes their widespread adoption of more complex applications like smart contracts. In this paper, we propose a novel paradigm for smart contract execution. It…

密码学与安全 · 计算机科学 2023-06-09 Jian Liu , Peilun Li , Raymond~Cheng , N. Asokan , Dawn Song

Ethereum is a distributed blockchain that can execute smart contracts, which inter-communicate and perform transactions automatically. The execution of smart contracts is paid in the form of gas, which is a monetary unit used in the…

分布式、并行与集群计算 · 计算机科学 2019-10-25 Kirk Baird , Seongho Jeong , Yeonsoo Kim , Bernd Burgstaller , Bernhard Scholz

Blockchain technology has been envisaged to commence an era of decentralised applications and services (DApps) without the need for a trusted intermediary. Such DApps open a marketplace in which services are delivered to end-users by…

密码学与安全 · 计算机科学 2021-01-27 Nguyen Truong , Gyu Myoung Lee , Kai Sun , Florian Guitton , Yike Guo

Public blockchains have spurred the growing popularity of decentralized transactions and smart contracts, but they exhibit limitations on the transaction throughput, storage, and computation. To avoid transaction gridlock, public…

分布式、并行与集群计算 · 计算机科学 2021-07-13 Nikolay Ivanov , Qiben Yan , Qingyang Wang

Smart contracts are programs running on blockchain to execute transactions. When input constraints or security properties are violated at runtime, the transaction being executed by a smart contract needs to be reverted to avoid undesirable…

密码学与安全 · 计算机科学 2021-09-02 Lu Liu , Lili Wei , Wuqi Zhang , Ming Wen , Yepang Liu , Shing-Chi Cheung

Quorum is a permissioned blockchain platform built from the Ethereum codebase with adaptations to make it a permissioned consortium platform. It is one of the key contenders in the permissioned ledger space. Quorum supports confidentiality…

密码学与安全 · 计算机科学 2018-09-11 Arati Baliga , I Subhod , Pandurang Kamat , Siddhartha Chatterjee

Decentralized Autonomous Organization (DAO) becomes a popular governance solution for decentralized applications (dApps) to achieve decentralized governance. In the DAO, no single entity can arbitrarily control the dApps without approval…

软件工程 · 计算机科学 2025-10-21 Junjie Ma , Muhui Jiang , Jinan Jiang , Xiapu Luo , Yufeng Hu , Yajin Zhou , Qi Wang , Fengwei Zhang

The Ethereum blockchain network enables transaction processing and smart-contract execution through levies of transaction fees, commonly known as gas fees. This framework mediates economic participation via a market-based mechanism for gas…

综合金融 · 定量金融 2025-01-10 Lennart Ante , Aman Saggu

To empower smart contracts with the promising capabilities of cryptography, Ethereum officially introduced a set of cryptographic APIs that facilitate basic cryptographic operations within smart contracts, such as elliptic curve operations.…

软件工程 · 计算机科学 2023-12-18 Jiashuo Zhang , Jiachi Chen , Zhiyuan Wan , Ting Chen , Jianbo Gao , Zhong Chen

Smart contracts are programs that are executed on the blockchain and can hold, manage and transfer assets in the form of cryptocurrencies. The contract's execution is then performed on-chain and is subject to consensus, i.e. every node on…

密码学与安全 · 计算机科学 2023-09-21 Soroush Farokhnia

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…

综合经济学 · 经济学 2025-08-11 Yulin Liu , Yuxuan Lu , Kartik Nayak , Fan Zhang , Luyao Zhang , Yinhong Zhao

A variety of mobile devices and applications have spread the usability of blockchain solutions to over 5.27 billion unique mobile phone users. The rising of Bitcoin price up to USD 50,000 in March 2021 has made many blockchain mobile…

密码学与安全 · 计算机科学 2021-08-10 Mohd Anuar Mat Isa , Muzaffar Hamzah , Daimler Benz Alebaba

This paper presents MindTheDApp, a toolchain designed specifically for the structural analysis of Ethereum-based Decentralized Applications (DApps), with a distinct focus on a complex network-driven approach. Unlike existing tools, our…

Banking as an essential service can be hard to access in remote, rural regions where the network connectivity is intermittent. Although micro-banking has been made possible by SMS or USSD messages in some places, their security flaws and…

Decentralized applications (DApps) have gained prominence with the advent of blockchain technology, particularly Ethereum, providing trust, transparency, and traceability. However, challenges such as rising transaction costs and block…

软件工程 · 计算机科学 2024-06-19 Do Hai Son , Nguyen Danh Hao , Tran Thi Thuy Quynh , Le Quang Minh

Blockchain platforms such as Ethereum and several others execute complex transactions in blocks through user-defined scripts known as smart contracts. To append a correct block into blockchain, miners execute these transactions of smart…

分布式、并行与集群计算 · 计算机科学 2019-01-15 Parwat Singh Anjana , Sweta Kumari , Sathya Peri , Sachin Rathor , Archit Somani

Many blockchains such as Ethereum execute all incoming transactions sequentially significantly limiting the potential throughput. A common approach to scale execution is parallel execution engines that fully utilize modern multi-core…

分布式、并行与集群计算 · 计算机科学 2025-02-17 Ray Neiheiser , Eleftherios Kokoris-Kogias