Authors: Mengting He, Shihao Xia, Boqin Qin, Nobuko Yoshida, Tingting Yu, Linhai Song, Yiying Zhang

Published on: March 05, 2024

Impact Score: 7.6

Arxiv code: Arxiv:2403.02661

Summary

• What is new: First systematic examination of gas wastes in Ethereum smart contracts and the development of PeCatch, a tool for detecting these inefficiencies.
• Why this is important: Programmers often write Ethereum smart contracts in a way that incurs unnecessary gas fees, leading to significant monetary loss.
• What the research proposes: Conducting an empirical study on gas wastes and developing PeCatch, a tool that detects and offers fixes for gas inefficiencies in Solidity smart contracts.
• Results: Identified seven insights and four suggestions for future tool development, language improvement, and increased programmer awareness; PeCatch detected 383 previously unknown gas wastes in famous Solidity libraries.

Technical Details

Technological frameworks used: Empirical study analysis, PeCatch static analysis tool

Models used: Static analysis models for detecting gas wastes

Data used: Popular Solidity smart contracts repositories

Potential Impact

Blockchain development platforms, cryptocurrency markets, companies involved in Ethereum-based applications

Want to implement this idea in a business?

We have generated a startup concept here: GasGuard.