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Related papers: An empirical analysis of smart contracts: platform…

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Context: Smart contracts are computerized self-executing contracts that contain clauses, which are enforced once certain conditions are met. Smart contracts are immutable by design and cannot be modified once deployed, which ensures…

Software Engineering · Computer Science 2023-04-14 Ilham Qasse , Mohammad Hamdaqa , Björn Þór Jónsson

Smart contracts are programs running on a blockchain. They are immutable to change, and hence can not be patched for bugs once deployed. Thus it is critical to ensure they are bug-free and well-designed before deployment. A Contract defect…

Software Engineering · Computer Science 2020-04-20 Jiachi Chen , Xin Xia , David Lo , John Grundy , Daniel Xiapu Luo , Ting Chen

In this paper, we explore remarkable similarities between multi-transactional behaviors of smart contracts in cryptocurrencies such as Ethereum and classical problems of shared-memory concurrency. We examine two real-world examples from the…

Distributed, Parallel, and Cluster Computing · Computer Science 2017-02-21 Ilya Sergey , Aquinas Hobor

Many of the problems that arise in the context of blockchains and decentralized finance can be seen as variations on classical problems of distributed computing. The smart contract model proposed here is intended to capture both the…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-02-11 Yackolley Amoussou-Guenou , Maurice Herlihy , Sucharita Jayanti , Maria Potop-Butucaru , Sergio Rajsbaum

Smart contracts on a blockchain behave precisely as specified by their code. A vulnerability in this code can lead to unexpected behaviour, which is hard to fix because a blockchain does not allow to change smart contract code after its…

Programming Languages · Computer Science 2019-11-27 Markus Knecht

Blockchain-based smart contract has become a growing field in the blockchain technology. What was once a technology used to solve digital transaction issues turns out to have some wider usage, including smart contract. The development of…

Cryptography and Security · Computer Science 2021-08-23 Fengkie Junis , Faisal Malik Widya Prasetya , Farouq Ibrahim Lubay , Anny Kartika Sari

In this paper we discuss how conventional business contracts can be converted into smart contracts---their electronic equivalents that can be used to systematically monitor and enforce contractual rights, obligations and prohibitions at run…

Computers and Society · Computer Science 2018-05-03 Carlos Molina-Jimenez , Ellis Solaiman , Ioannis Sfyrakis , Irene Ng , Jon Crowcroft

Formal verification entails testing software to ensure it operates as specified. Smart contracts are self-executing contracts with the terms of the agreement directly written into lines of code. They run on blockchain platforms and…

Software Engineering · Computer Science 2025-10-22 Rene Davila , Everardo Barcenas , Rocio Aldeco-Perez

An appealing feature of blockchain technology is smart contracts. A smart contract is executable code that runs on top of the blockchain to facilitate, execute and enforce an agreement between untrusted parties without the involvement of a…

Cryptography and Security · Computer Science 2017-10-18 Maher Alharby , Aad van Moorsel

Blockchains are maintained by a network of participants that run algorithms designed to maintain collectively a distributed machine tolerant to Byzantine attacks. From the point of view of users, blockchains provide the illusion of…

Logic in Computer Science · Computer Science 2022-07-15 Martán Ceresa , César Sánchez

In recent years, manifold blockchain protocols have been proposed by researchers and industrial companies alike. This has led to a very heterogeneous blockchain landscape. Accordingly, it would be desirable if blockchains could interact…

Cryptography and Security · Computer Science 2021-06-29 Markus Nissl , Emanuel Sallinger , Stefan Schulte , Michael Borkowski

Modern cryptocurrency systems, such as Ethereum, permit complex financial transactions through scripts called smart contracts. These smart contracts are executed many, many times, always without real concurrency. First, all smart contracts…

Distributed, Parallel, and Cluster Computing · Computer Science 2017-02-16 Thomas Dickerson , Paul Gazzillo , Maurice Herlihy , Eric Koskinen

The development of blockchain technologies has enabled the trustless execution of so-called smart contracts, i.e. programs that regulate the exchange of assets (e.g., cryptocurrency) between users. In a decentralized blockchain, the state…

Programming Languages · Computer Science 2020-04-28 Massimo Bartoletti , Letterio Galletta , Maurizio Murgia

Blockchain systems have received much attention and promise to revolutionize many services. Yet, despite their popularity, current blockchain systems exist in isolation, that is, they cannot share information. While interoperability is…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-04-24 Enrique Fynn , Alysson Bessani , Fernando Pedone

With the rapid advancement of blockchain technology, smart contracts have enabled the implementation of increasingly complex functionalities. However, ensuring the security of smart contracts remains a persistent challenge across the stages…

Cryptography and Security · Computer Science 2025-05-01 Yuchen Ding , Hongli Peng , Xiaoqi Li

Smart contracts are programs that execute inside blockchains such as Ethereum to manipulate digital assets. Since bugs in smart contracts may lead to substantial financial losses, there is considerable interest in formally proving their…

Programming Languages · Computer Science 2021-09-10 Christian Bräm , Marco Eilers , Peter Müller , Robin Sierra , Alexander J. Summers

Smart contract, one of the most successful applications of blockchain, is taking the world by storm, playing an essential role in the blockchain ecosystem. However, frequent smart contract security incidents not only result in tremendous…

Cryptography and Security · Computer Science 2022-09-14 Peng Qian , Zhenguang Liu , Qinming He , Butian Huang , Duanzheng Tian , Xun Wang

Blockchain systems and smart contracts provide ways to securely implement multi-party transactions without the use of trusted intermediaries, which currently underpin many commercial transactions. However, they do so by transferring trust…

Logic in Computer Science · Computer Science 2018-11-16 Ron van der Meyden

Blockchain and Cryptocurrencies are gaining unprecedented popularity and understanding. Meanwhile, Ethereum is gaining a significant popularity in the blockchain community, mainly due to the fact that it is designed in a way that enables…

Cryptography and Security · Computer Science 2018-07-06 TonTon Hsien-De Huang

Smart Contracts are programs running logic in the Blockchain network by executing operations through immutable transactions. The Blockchain network validates such transactions, storing them into sequential blocks of which integrity is…

Software Engineering · Computer Science 2024-03-13 Francesco Salzano , Simone Scalabrino , Rocco Oliveto , Remo Pareschi