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How Ethereum and Bitcoin Handle Transaction Delays and Fees

  • The article examines how Ethereum and Bitcoin handle transaction delays and fees, focusing on factors impacting transaction processing times.
  • Hu et al. study private blockchains for banking processes, correlating transaction times with block generation times.
  • Kasahara and Kawahara analyze Bitcoin fees' effect on transaction processing times, noting longer processing for low-fee transactions.
  • Rouhani and Deters compare transaction processing times in Ethereum clients Geth and Parity, observing a significant increase with Parity.
  • Pierro and Rocha investigate factors influencing transaction fees in Ethereum, finding the total number of miners and pending transactions impact fees.
  • Chen et al. outline security vulnerabilities due to extremely low gas prices in Ethereum, proposing dynamic cost adjustments to prevent disruptions.
  • Studies highlight gas price choices' influence on Ethereum economics and behavior, emphasizing the importance of understanding factors driving gas price decisions.
  • Kim et al. delve into Ethereum's peer-to-peer network characteristics, analyzing node distribution, client usage, and network size.
  • Silva et al. study geo-distribution and mining pools' impact on Ethereum's efficiency and security, highlighting selfish mining behaviors.
  • Oliva et al. analyze Ethereum's transactional activity, revealing the concentration of transactions on a small percentage of smart contracts and its impact on gas prices.
  • Various studies explore gas usage estimation methods in smart contracts, including worst-case and exact estimations to optimize gas consumption.

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