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Lazy Contracts: Alleviating High Gas Costs by Secure and Trustless Off-chain Execution of Smart Contracts. (arXiv:2309.11317v1 [cs.CR])
cs.CR updates on arXiv.org arxiv.org
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 the blockchain network has to run the function calls and
keep track of their side-effects. In most programmable blockchains, such as
Ethereum, the notion of gas is introduced to prevent DoS attacks by malicious
parties who might try to slow down the …
assets blockchain blockchain network contract contracts cryptocurrencies gas high manage network node smart smart contracts transfer