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Off-chain Execution and Verification of Computationally Intensive Smart\n Contracts

2021/04/19 by Emrah Sariboz, Kartick Kolachala, Sariboz, Emrah +7
Computer Science · Decision Sciences · #Blockchain Technology Applications and Security #Auction Theory and Applications #Cryptography and Data Security

paper · pdf · doi:10.48550/arxiv.2104.09569

Abstract

We propose a novel framework for off-chain execution and verification of\ncomputationally-intensive smart contracts. Our framework is the first solution\nthat avoids duplication of computing effort across multiple contractors, does\nnot require trusted execution environments, supports computations that do not\nhave deterministic results, and supports general-purpose computations written\nin a high-level language. Our experiments reveal that some intensive\napplications may require as much as 141 million gas, approximately 71x more\nthan the current block gas limit for computation in Ethereum today, and can be\navoided by utilizing the proposed framework.\n

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