Ethereum Gas Price Statistics
Copyright policy )Ethereum Gas Price Statistics
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.
- Departement of Economics United States
- ETH Zurich Switzerland
- Department of Economics Switzerland
- University of Zurich Switzerland
- Department of Economics Indonesia
ddc:330, E37, forecasting, gas price, 330 Economics, ECON Department of Economics, Ethereum, 10007 Department of Economics, C57, D85, confirmation time, C22
ddc:330, E37, forecasting, gas price, 330 Economics, ECON Department of Economics, Ethereum, 10007 Department of Economics, C57, D85, confirmation time, C22
selected citations These citations are derived from selected sources.This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).10 popularity This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.Top 10% influence This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).Top 10% impulse This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.Top 10%
Citations provided by BIP!Popularity provided by BIP!