Residential College | false |
Status | 已發表Published |
Unpacking Long-Latency Transactions in Ethereum | |
Lao, Chon Kit1; Zhou, Sophie2; Zhang, Luyao3; Zhang, Fan4; Wang, Kanye Ye1 | |
2024-11-19 | |
Conference Name | 2024 Workshop on Decentralized Finance and Security, DeFi 2024 |
Source Publication | DeFi 2024 - Proceedings of the Workshop on Decentralized Finance and Security, Co-Located with: CCS 2024
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Pages | 11-20 |
Conference Date | 14 October 2024through 18 October 2024 |
Conference Place | Salt Lake City |
Publisher | Association for Computing Machinery, Inc |
Abstract | Blockchain systems such as Bitcoin and Ethereum have limitations in efficiency, resulting in an inability to immediately confirm all transactions, leading to extended periods of transactions residing in the mempool. We refer to these transactions as “long latency transactions” and this paper explores the issue of resource utilization inefficiencies issues from these transactions. Utilizing the Geth client, the study quantifies the impact of these transactions on Ethereum’s resource consumption, which encompassing three crucial metrics: computational power, memory storage, and network bandwidth. Furthermore, this study also identifies three primary factors contributing to long latency transactions: low gas prices, long block processing times, and future-index transactions. Through empirical analysis, this study offers insights into the transaction-handling mechanisms in Ethereum. The implications of our findings aim to contribute to the enhancement of resource efficiency within the Ethereum blockchain ecosystem. |
Keyword | Ethereum Long Latency Transaction Resource Waste |
DOI | 10.1145/3689931.3694909 |
URL | View the original |
Language | 英語English |
Scopus ID | 2-s2.0-85214082125 |
Fulltext Access | |
Citation statistics | |
Document Type | Conference paper |
Collection | University of Macau |
Affiliation | 1.University of Macau, Macao 2.Cheyenne Mountain High School, Colorado Springs, United States 3.Duke Kunshan University, Kunshan, China 4.Yale University, New Haven, United States |
First Author Affilication | University of Macau |
Recommended Citation GB/T 7714 | Lao, Chon Kit,Zhou, Sophie,Zhang, Luyao,et al. Unpacking Long-Latency Transactions in Ethereum[C]:Association for Computing Machinery, Inc, 2024, 11-20. |
APA | Lao, Chon Kit., Zhou, Sophie., Zhang, Luyao., Zhang, Fan., & Wang, Kanye Ye (2024). Unpacking Long-Latency Transactions in Ethereum. DeFi 2024 - Proceedings of the Workshop on Decentralized Finance and Security, Co-Located with: CCS 2024, 11-20. |
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