Jan 1, 2020·SSRN Electronic Journal
14 cites
David Carl, Christian Ewerhart
For users of the Ethereum network, the gas price is a crucial parameter that determines how swiftly the decentralized consensus protocol confirms a transaction. This paper studies the statistics of the Ethereum gas price. We start with some conceptual discussion of the gas price notion in view of the actual transaction-selection strategies used by Ethereum miners. Subsequently, we provide the descriptive statistics of what we call the threshold gas price. Finally, we identify and estimate a seasonal ARIMA (SARIMA) model for predicting the hourly median of the threshold gas price.
Open access
3 source records
Atmospheric and Environmental Gas Dynamics
Complex Network Analysis Techniques
Catalysis and Oxidation Reactions