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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…

分布式、并行与集群计算 · 计算机科学 2021-01-21 Sam M. Werner , Paul J. Pritz , Daniel Perez

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

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…

机器学习 · 计算机科学 2023-05-16 Conall Butler , Martin Crane

We present the main concepts, components, and usage of GASOL, a Gas AnalysiS and Optimization tooL for Ethereum smart contracts. GASOL offers a wide variety of cost models that allow inferring the gas consumption associated to selected…

编程语言 · 计算机科学 2019-12-30 Elvira Albert , Jesús Correas , Pablo Gordillo , Guillermo Román-Díez , Albert Rubio

Ethereum is one of the most popular platforms for the development of blockchain-powered applications. These applications are known as Dapps. When engineering Dapps, developers need to translate requests captured in the front-end of their…

软件工程 · 计算机科学 2022-06-22 Michael Pacheco , Gustavo A. Oliva , Gopi Krishnan Rajbahadur , Ahmed E. Hassan

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

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…

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

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

As 6G networks evolve, inter-provider agreements become crucial for dynamic resource sharing and network slicing across multiple domains, requiring on-demand capacity provisioning while enabling trustworthy interaction among diverse…

网络与互联网体系结构 · 计算机科学 2025-03-04 Farhana Javed , Josep Mangues-Bafalluy

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

Price feeds of cryptocurrencies are essential for Decentralized Finance (DeFi) applications to realize fundamental trading and exchanging functionalities, which are retrieved from external price data sources such as exchanges and input to…

密码学与安全 · 计算机科学 2025-06-25 Dongbin Bai , Jiannong Cao , Yinfeng Cao , Long Wen , Milos Stojmenovic

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

EIP-1559 is a new proposed pricing mechanism for the Ethereum protocol developed to bring stability to fluctuating gas prices. To properly understand this as a stochastic process, it is necessary to develop the mathematical foundations to…

计算机科学与博弈论 · 计算机科学 2021-05-24 Ian C. Moore , Jagdeep Sidhu

The fundamental theorem behind financial markets is that stock prices are intrinsically complex and stochastic. One of the complexities is the volatility associated with stock prices. Volatility is a tendency for prices to change…

统计金融 · 定量金融 2023-11-21 Leonard Mushunje , Maxwell Mashasha , Edina Chandiwana

BatPay is a proxy scaling solution for the transfer of ERC20 tokens. It is suitable for micropayments in one-to-many and few-to-many scenarios, including digital markets and the distribution of rewards and dividends. In BatPay, many similar…

Several recent proposals implicitly or explicitly suggest making use of randomized transaction ordering within a block to mitigate centralization effects and to improve fairness in the Ethereum ecosystem. However, transactions and blocks…

分布式、并行与集群计算 · 计算机科学 2025-10-01 Jan Droll

This work introduces a framework for evaluating onchain order flow auctions (OFAs), emphasizing the metric of price improvement. Utilizing a set of open-source tools, our methodology systematically attributes price improvements to specific…

交易与市场微观结构 · 定量金融 2024-05-27 Brad Bachu , Xin Wan , Ciamac C. Moallemi

This paper presents a multi-contract blockchain framework for inter-provider agreements in 6G networks, emphasizing performance analysis under a realistic Proof-of-Stake (PoS) setting on Ethereum's Sepolia testnet. We begin by quantifying…

网络与互联网体系结构 · 计算机科学 2025-04-02 Farhana Javed , Josep Mangues-Bafalluy

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
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