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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…

综合经济学 · 经济学 2025-02-26 Abdoulaye Ndiaye

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

This paper presents EDSC, a novel smart contract platform design based on the event-driven execution model as opposed to the traditionally employed transaction-driven execution model. We reason that such a design is a better fit for many…

分布式、并行与集群计算 · 计算机科学 2021-01-15 Mudabbir Kaleem , Keshav Kasichainula , Rabimba Karanjai , Lei Xu , Zhimin Gao , Lin Chen , Weidong Shi

Efficiency is a fundamental property of any type of program, but it is even more so in the context of the programs executing on the blockchain (known as smart contracts). This is because optimizing smart contracts has direct consequences on…

编程语言 · 计算机科学 2023-01-13 Elvira Albert , Jesús Correas , Pablo Gordillo , Guillermo Román-Díez , Albert Rubio

As a key enabler of Web3, Ethereum has long faced scalability challenges. The recent EIP-4844 upgrade aims to alleviate the scalability issue by introducing the ''blob'', a new data structure for Layer-2 rollups that enables off-chain…

分布式、并行与集群计算 · 计算机科学 2025-11-18 Yue Huang , Shuzheng Wang , Yuming Huang , Gareth Tyson , Huayi Duan , Jing Tang

Blockchain technology has become one of the most popular trends in IT over the last few years. Its increasing popularity and the discovery of ever more use cases raises the question of how to improve scalability. While researchers are…

软件工程 · 计算机科学 2023-05-29 Ole Delzer , Ingo Weber , Richard Hobeck , Stefan Schulte

Blockchain and blockchain-inspired decentralized applications are on the rise thanks to their unique characteristics such as their decentralized nature, anonymity, and tamper-proof nature; however, blockchain transactions tend to experience…

密码学与安全 · 计算机科学 2026-04-08 Yi Lyu

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

As decentralized applications on permissionless blockchains are prevalent, more and more latency-sensitive usage scenarios emerged, where the lower the latency of sending and receiving messages, the better the chance of earning revenue. To…

分布式、并行与集群计算 · 计算机科学 2024-12-12 Ke Wang , Qiao Wang , Yue Li , Zhi Guan , Zhong Chen

Ethereum smart contracts are executable programs, deployed on a peer-to-peer network and executed in a consensus-based fashion. Their bytecode is public, immutable and once deployed to the blockchain, cannot be patched anymore. As smart…

密码学与安全 · 计算机科学 2019-07-10 Konrad Weiss , Julian Schütte

As the significance of blockchain innovation grows and the focus on scalability intensifies, rollup technology has emerged as a promising approach to tackle these scalability concerns. Nonetheless, rollups encounter restrictions when…

密码学与安全 · 计算机科学 2023-06-01 Hyun Jeong , Hyemin Lee

Ethereum, a leading blockchain platform, has revolutionized the digital economy by enabling decentralized transactions and the execution of smart contracts. Ethereum transactions form the backbone of its network, facilitating peer-to-peer…

分布式、并行与集群计算 · 计算机科学 2025-07-30 Dvir David Biton , Roy Friedman , Yaron Hay

Ethereum Improvement Proposal (EIP) 1559 was recently implemented to transform Ethereum's transaction fee market. EIP-1559 utilizes an algorithmic update rule with a constant learning rate to estimate a base fee. The base fee reflects…

计算机科学与博弈论 · 计算机科学 2022-04-20 Daniël Reijsbergen , Shyam Sridhar , Barnabé Monnot , Stefanos Leonardos , Stratis Skoulakis , Georgios Piliouras

Blockchain networks provide a reliable trust anchor to decentralized applications (DApps) backed by smart contracts. The Ethereum ecosystem now encompasses most blockchain networks that provide compatible support for smart contracts code.…

软件工程 · 计算机科学 2025-04-16 Cătălina Lazăr , Gabriela Secrieru , Emanuel Onica

Blockchain technology has set off a wave of decentralization in the world since its birth. The trust system constructed by blockchain technology based on cryptography algorithm and computing power provides a practical and powerful solution…

计算工程、金融与科学 · 计算机科学 2025-05-08 Pengfei Gao , Dechao Kong , Xiaoqi Li

We consider the execution of smart contracts on Bitcoin. There, every contract step corresponds to appending to the blockchain a new transaction that spends the output representing the old contract state, creating a new one for the updated…

密码学与安全 · 计算机科学 2025-06-05 Dario Maddaloni , Riccardo Marchesin , Roberto Zunino

With the development of Ethereum, numerous blockchains compatible with Ethereum's execution environment (i.e., Ethereum Virtual Machine, EVM) have emerged. Developers can leverage smart contracts to run various complex decentralized…

分布式、并行与集群计算 · 计算机科学 2025-09-24 Chaoyue Yin , Mingzhe Li , Jin Zhang , You Lin , Qingsong Wei , Siow Mong Rick Goh

Blockchain, as the backbone technology of the current popular Bitcoin digital currency, has become a promising decentralized data management framework. Although blockchain has been widely adopted in many applications, e.g., finance,…

分布式、并行与集群计算 · 计算机科学 2018-04-13 Zehui Xiong , Yang Zhang , Dusit Niyato , Ping Wang , Zhu Han

Blockchain received a vast amount of attention in recent years and is still growing. The second generation of blockchain, such as Ethereum, allows execution of almost any program in Ethereum Virtual Machine (EVM), making it a global…

密码学与安全 · 计算机科学 2024-05-07 Robert Susik , Robert Nowotniak

The State Database of a blockchain stores account data and enables authentication. Modern blockchains use fast consensus protocols to avoid forking, improving throughput and finality. However, Ethereum's StateDB was designed for a forking…

数据库 · 计算机科学 2025-12-05 Herbert Jordan , Kamil Jezek , Pavle Subotic , Bernhard Scholz