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Decentralized finance (DeFi) has the potential to disrupt centralized finance by validating peer-to-peer transactions through tamper-proof smart contracts, thus significantly lowering the transaction cost charged by financial…

综合经济学 · 经济学 2023-12-04 Ziqiao Ao , Lin William Cong , Gergely Horvath , Luyao Zhang

The rapid growth of Decentralized Finance (DeFi) boosts the Ethereum ecosystem. At the same time, attacks towards DeFi applications (apps) are increasing. However, to the best of our knowledge, existing smart contract vulnerability…

密码学与安全 · 计算机科学 2021-05-03 Siwei Wu , Dabao Wang , Jianting He , Yajin Zhou , Lei Wu , Xingliang Yuan , Qinming He , Kui Ren

The MEV-Boost block auction contributes approximately 90% of all Ethereum blocks. Between October 2023 and March 2024, only three builders produced 80% of them, highlighting the concentration of power within the block builder market. To…

计算工程、金融与科学 · 计算机科学 2024-07-22 Burak Öz , Danning Sui , Thomas Thiery , Florian Matthes

Ethereum is one of the most popular blockchain systems that supports more than half a million transactions every day and fosters miscellaneous decentralized applications with its Turing-complete smart contract machine. Whereas it remains…

社会与信息网络 · 计算机科学 2020-01-16 Qianlan Bai , Chao Zhang , Yuedong Xu , Xiaowei Chen , Xin Wang

Decentralized Finance (DeFi) on Ethereum has undergone significant transformations since its emergence during the DeFi summer of 2020. With the introduction of Proof of Stake (PoS) and Proposer-Builder Separation (PBS), the transaction…

综合经济学 · 经济学 2025-05-27 Paul Janicot , Alex Vinyas

Optimistic rollups rely on fraud proofs -- interactive protocols executed on Ethereum to resolve conflicting claims about the rollup's state -- to scale Ethereum securely. To mitigate against potential censorship of protocol moves, fraud…

计算机科学与博弈论 · 计算机科学 2025-02-28 Ben Berger , Edward W. Felten , Akaki Mamageishvili , Benny Sudakov

Ethereum's transaction pool (mempool) dynamics and fee market efficiency critically affect transaction inclusion, validator workload, and overall network performance. This research empirically analyzes gas price variations, mempool…

密码学与安全 · 计算机科学 2025-06-10 S M Mostaq Hossain , Amani Altarawneh

The properties of tokens within the Ethereum blockchain, such as their current prices, trade volumes, and potential future values, have been the subjects of numerous studies. Employing social networks and graphs, as powerful tools for…

社会与信息网络 · 计算机科学 2023-10-24 Aryan Soltani Mohammadi , Moein Karami , Amir Pasha Motamed , Behnam Bahrak

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

While Ethereum smart contracts enabled a wide range of blockchain applications, they are extremely vulnerable to different forms of security attacks. Due to the fact that transactions to smart contracts commonly involve cryptocurrency…

软件工程 · 计算机科学 2019-06-12 Jianbo Gao , Han Liu , Chao Liu , Qingshan Li , Zhi Guan , Zhong Chen

We study the competition between blockchains in a \emph{multi-chain} environment, where a dominant EVM-compatible blockchain (e.g., Ethereum) co-exists with an alternative EVM-compatible (e.g., Avalanche) and an EVM-incompatible (e.g.,…

计算机科学与博弈论 · 计算机科学 2022-08-23 Ruizhe Jia , Steven Yin

We present a comprehensive analysis of the implications of artificial latency in the Proposer-Builder Separation framework on the Ethereum network. Focusing on the MEV-Boost auction system, we analyze how strategic latency manipulation…

计算机科学与博弈论 · 计算机科学 2024-01-12 Umberto Natale , Michael Moser

Credit allows a lender to loan out surplus capital to a borrower. In the traditional economy, credit bears the risk that the borrower may default on its debt, the lender hence requires upfront collateral from the borrower, plus interest fee…

密码学与安全 · 计算机科学 2021-03-23 Kaihua Qin , Liyi Zhou , Benjamin Livshits , Arthur Gervais

Miner extractable value (MEV) refers to any excess value that a transaction validator can realize by manipulating the ordering of transactions. In this work, we introduce a simple theoretical definition of the 'cost of MEV', prove some…

最优化与控制 · 数学 2023-10-16 Guillermo Angeris , Tarun Chitra , Theo Diamandis , Kshitij Kulkarni

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

Most blockchains cannot hide the binary code of programs (i.e., smart contracts) running on them. To conceal proprietary business logic and to potentially deter attacks, many smart contracts are closed-source and employ layers of…

密码学与安全 · 计算机科学 2025-09-09 Sen Yang , Kaihua Qin , Aviv Yaish , Fan Zhang

Block-chain world is very dynamic and there is need for strong governance and underlying technology architecture to be robust to face challenges. This paper considers Ethereum, a leading block chain. We deep dive into the nature of this…

分布式、并行与集群计算 · 计算机科学 2019-10-21 G. Hall , M. Mansi , I. Makrant

Mobile edge computing (MEC) is a promising technology that enhances the efficiency of mobile blockchain networks, by enabling miners, often acted by mobile users (MUs) with limited computing resources, to offload resource-intensive mining…

计算机科学与博弈论 · 计算机科学 2025-08-11 Licheng Ye , Zehui Xiong , Lin Gao , Dusit Niyato

Metaverse is an emerging virtual universe where humans can have real-time interactions and solid social links like in the physical world, and it opens up a new era of Internet and interactions. In Metaverse, an immersive and photorealistic…

网络与互联网体系结构 · 计算机科学 2022-12-05 Yitong Wang , Jun Zhao

Financial regulators have long-standing concerns about fully decentralized exchanges that run 'on-chain' without any obvious regulatory hooks. The popularity of Uniswap, an automated market makers (AMM), made these concerns a reality. AMMs…

密码学与安全 · 计算机科学 2021-10-07 Mahsa Moosavi , Jeremy Clark