Smart contracts (SC) are software codes which reside and run over a blockchain. The code can be written in different languages with the common purpose of implementing various kinds of transactions onto the hosting blockchain, They are ruled by the blockchain infrastructure and work in order to satisfy conditions typical of traditional contracts. The software code must satisfy constrains strongly context dependent which are quite different from traditional software code. In particular, since the bytecode is uploaded in the hosting blockchain, size, computational resources, interaction between different parts of software are all limited and even if the specific software languages implement more or less the same constructs of traditional languages there is not the same freedom as in normal software development. SC software is expected to reflect these constrains on SC software metrics which should display metric values characteristic of the domain and different from more traditional software metrics. We tested this hypothesis on the code of more than twelve thousands SC written in Solidity and uploaded on the Ethereum blockchain. We downloaded the SC from a public repository and computed the statistics of a set of software metrics related to SC and compared them to the metrics extracted from more traditional software projects. Our results show that generally Smart Contracts metrics have ranges more restricted than the corresponding metrics in traditional software systems. Some of the stylized facts, like power law in the tail of the distribution of some metrics, are only approximate but the lines of code follow a log normal distribution which reminds of the same behavior already found in traditional software systems.
Given the central role that software development plays in the delivery and application of information technology, managers are increasingly focusing on process improvement in the software development area. This demand has spurred the provision of a number of new and or improved approaches to software development, with perhaps the most prominent being object-orientation (OO). In addition, the focus on process improvement has increased the demand for software measures, or metrics with which to manage the process. The need for such metrics is particularly acute when an organization is adopting a new technology for which established practices have yet to be developed. This research addresses these needs through the development and implementation of a new suite of metrics for OO design. Metrics developed in previous research, while contributing to the field's understanding of software development processes, have generally been subject to serious criticisms, including the lack of a theoretical base. Following Wand and Weber (1989), the theoretical base chosen for the metrics was the ontology of Bunge (1977). Six design metrics are developed, and then analytically evaluated against Weyuker's (1988) proposed set of measurement principles. An automated data collection tool was then developed and implemented to collect an empirical sample of these metrics at two field sites in order to demonstrate their feasibility and suggest ways in which managers may use these metrics for process improvement. >