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Today's blockchains suffer from low throughput and high latency, which impedes their widespread adoption of more complex applications like smart contracts. In this paper, we propose a novel paradigm for smart contract execution. It…

Cryptography and Security · Computer Science 2023-06-09 Jian Liu , Peilun Li , Raymond~Cheng , N. Asokan , Dawn Song

Smart contract technology facilitates self-executing agreements on the blockchain, eliminating dependency on an external trusted authority. However, smart contracts may expose vulnerabilities that can lead to financial losses and…

Cryptography and Security · Computer Science 2026-01-14 Emre Balci , Timucin Aydede , Gorkem Yilmaz , Ece Gelal Soyak

Distributed immutable ledgers, or blockchains, allow the secure digitization of evidential transactions without relying on a trusted third-party. Evidential transactions involve the exchange of any form of physical evidence, such as money,…

Cryptography and Security · Computer Science 2024-03-26 Zaynah Dargaye , Önder Gürcan , Florent Kirchner , Sara Tucci-Piergiovanni

In this work we propose Dynamit, a monitoring framework to detect reentrancy vulnerabilities in Ethereum smart contracts. The novelty of our framework is that it relies only on transaction metadata and balance data from the blockchain…

Cryptography and Security · Computer Science 2021-02-16 Mojtaba Eshghie , Cyrille Artho , Dilian Gurov

The multi-chain future is upon us. Modular architectures are coming to maturity across the ecosystem to scale bandwidth and throughput of cryptocurrency. One example of such is the Ethereum modular architecture, with its beacon chain, its…

Cryptography and Security · Computer Science 2021-12-07 Alexandre Obadia , Alejo Salles , Lakshman Sankar , Tarun Chitra , Vaibhav Chellani , Philip Daian

A smart contract that is deployed to a blockchain system like Ethereum is, under reasonable circumstances, expected to be immutable and tamper-proof. This is both a feature (promoting integrity and transparency) and a bug (preventing…

Cryptography and Security · Computer Science 2022-06-03 Mehdi Salehi , Jeremy Clark , Mohammad Mannan

Smart contracts manage blockchain assets and embody business processes. However, mainstream smart contract programming languages such as Solidity lack explicit notions of roles, action dependencies, and time. Instead, these concepts are…

Software Engineering · Computer Science 2023-09-19 Mojtaba Eshghie , Wolfgang Ahrendt , Cyrille Artho , Thomas Troels Hildebrandt , Gerardo Schneider

This paper presents EDSC, a novel smart contract platform design based on the event-driven execution model as opposed to the traditionally employed transaction-driven execution model. We reason that such a design is a better fit for many…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-01-15 Mudabbir Kaleem , Keshav Kasichainula , Rabimba Karanjai , Lei Xu , Zhimin Gao , Lin Chen , Weidong Shi

Smart contracts are programs that manage digital assets according to a certain protocol, expressing for instance the rules of an auction. Understanding the possible behaviors of a smart contract is difficult, which complicates development,…

Software Engineering · Computer Science 2018-07-23 Florentin Guth , Valentin Wüstholz , Maria Christakis , Peter Müller

Smart contracts codify real-world transactions and automatically execute the terms of the contract when predefined conditions are met. This paper proposes SmartML, a modeling language for smart contracts that is platform independent and…

Software Engineering · Computer Science 2024-07-01 Adele Veschetti , Richard Bubel , Reiner Hähnle

With a market capitalisation of over USD 205 billion in just under ten years, public distributed ledgers have experienced significant adoption. Apart from novel consensus mechanisms, their success is also accountable to smart contracts.…

Cryptography and Security · Computer Science 2018-11-02 Dominik Harz , William Knottenbelt

Some blockchain programs (smart contracts) have included serious security vulnerabilities. Obsidian is a new typestate-oriented programming language that uses a strong type system to rule out some of these vulnerabilities. Although Obsidian…

Software Engineering · Computer Science 2020-10-19 Michael Coblenz , Jonathan Aldrich , Joshua Sunshine , Brad A. Myers

This paper presents SigVM, a novel blockchain virtual machine that supports an event-driven execution model, enabling developers to build autonomous smart contracts. Contracts in SigVM can emit signal events, on which other contracts can…

Programming Languages · Computer Science 2021-11-18 Zihan Zhao , Sidi Mohamed Beillahi , Ryan Song , Yuxi Cai , Andreas Veneris , Fan Long

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

There is growing interest in providing programmatic access to the value locked in Bitcoin, which famously offers limited programmability itself. Various approaches have been put forth in recent years, with the vast majority of proposed…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-06-30 Ryan Croote , Islam El-Ashi , Thomas Locher , Yvonne-Anne Pignolet

Cloud computing has become an irreversible trend. Together comes the pressing need for verifiability, to assure the client the correctness of computation outsourced to the cloud. Existing verifiable computation techniques all have a high…

Cryptography and Security · Computer Science 2017-09-05 Changyu Dong , Yilei Wang , Amjad Aldweesh , Patrick McCorry , Aad van Moorsel

The wide application of Ethereum technology has brought technological innovation to traditional industries. As one of Ethereum's core applications, smart contracts utilize diverse contract codes to meet various functional needs and have…

Cryptography and Security · Computer Science 2024-07-02 Jiacheng Yao , Maolin Wang , Wanqi Chen , Chengxiang Jin , Jiajun Zhou , Shanqing Yu , Qi Xuan

Ethereum smart contracts are programs that are deployed and executed in a consensus-based blockchain managed by a peer-to-peer network. Several re-entrancy attacks that aim to steal Ether, the cryptocurrency used in Ethereum, stored in…

Cryptography and Security · Computer Science 2020-09-15 Yuichiro Chinen , Naoto Yanai , Jason Paul Cruz , Shingo Okamura

We study the problem of providing blockchain applications with \emph{economically viable randomness} (EVR), namely, randomness that has significant economic consequences. Applications of EVR include blockchain-based lotteries and gambling.…

Cryptography and Security · Computer Science 2020-07-08 David Yakira , Avi Asayag , Ido Grayevsky , Idit Keidar

The blockchain constitutes a technology-based, rather than social or regulation based, means to lower uncertainty about one another in order to exchange value. However, its use may very well also lead to increased complexity resulting from…

Computers and Society · Computer Science 2018-01-09 Henry Kim , Marek Laskowski