Evaluation of Ethereum End-To-end Transaction Latency

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

17 Citations (Scopus)

Abstract

Ethereum is a promising but revolutionary blockchain approach to support rich computational services enabled by Turing-complete instructions, also known as smart contract. Using smart contract as "back-end", any party can publish its Decentralized Applications (DApps) available to all Internet users. In other words, blockchain and smart contract enable evolving existing Internet services and applications to decentralised versions. With the developments of versatile Internet applications, the QoS requirements can be very different. For example, new-Age applications such as AR/VR can be quite sensitive to even millisecond delays. End-To-end transaction latency in blockchain is a critical factor that affects the performance of DApps. It is the time duration from sending out a transaction (from the client) to having the transaction recorded on the chain. In this paper, we experimentally evaluate the end-To-end latency in Ethereum and discuss the factors that may affect latency on the Ethereum main-net. It has a particular focus on the gas price because it is a key parameter controlled by users. The experiment results demonstrate some counter intuitive finding, e.g. increasing gas price does not reduce the Ethereum end-To-end latency significantly for a certain range of gas prices.

Original languageEnglish
Title of host publication2021 11th IFIP International Conference on New Technologies, Mobility and Security, NTMS 2021
PublisherInstitute of Electrical and Electronics Engineers Inc.
ISBN (Electronic)9781665443999
DOIs
Publication statusPublished - 19 Apr 2021
Event11th IFIP International Conference on New Technologies, Mobility and Security, NTMS 2021 - Paris, France
Duration: 19 Apr 202121 Apr 2021

Publication series

Name2021 11th IFIP International Conference on New Technologies, Mobility and Security, NTMS 2021

Conference

Conference11th IFIP International Conference on New Technologies, Mobility and Security, NTMS 2021
Country/TerritoryFrance
CityParis
Period19/04/2121/04/21

Keywords

  • DApps
  • End-To-end transaction latency
  • Ethereum
  • gas price

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