The Green Revolution of Smart Contracts

Author:

Galiautdinov Rinat1ORCID

Affiliation:

1. Independent Researcher, Italy

Abstract

The focus of this study is to examine the challenges associated with smart contracts and their overall concept. The research proposes a solution that can effectively address all the current issues related to smart contracts. Furthermore, the study recommends a new architecture for smart contracts and blockchain. The author identifies the problems, conducts an analysis, and presents a solution that will enhance the performance of smart contracts, increase their extensibility, and promote an eco-friendly environment by reducing pollution and conserving energy.

Publisher

IGI Global

Reference34 articles.

1. A Survey of Attacks on Ethereum Smart Contracts (SoK)

2. Bernstein, D. J., & Lange, T. (2016). SafeCurves: Choosing safe curves for elliptic-curve cryptography. https://safecurves.cr.yp.to/

3. Bonneau, J., Clark, J., & Goldfeder, S. (2015). On bitcoin as a public randomness source. IACR Cryptol. ePrint Archive, p. 1015.

4. Under-optimized smart contracts devour your money

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