Related papers: Selfish Mining in Ethereum
Bitcoin and Ethereum transactions present one of the largest real-world complex networks that are publicly available for study, including a detailed picture of their time evolution. As such, they have received a considerable amount of…
The integration of bots in Distributed Ledger Technologies (DLTs) fosters efficiency and automation. However, their use is also associated with predatory trading and market manipulation, and can pose threats to system integrity. It is…
Blockchain technologies underpin an expanding ecosystem of decentralized applications, financial systems, and infrastructure. However, the fundamental networking layer that sustains these systems, the peer-to-peer layer, of all but the top…
In this paper, we present the first large-scale empirical study of smart contract dependencies, analyzing over 41 million contracts and 11 billion interactions on Ethereum up to December 2024. Our results yield four key insights: (1) 59% of…
The scaled Web 3.0 digital economy, represented by decentralized finance (DeFi), has sparked increasing interest in the past few years, which usually relies on blockchain for token transfer and diverse transaction logic. However, illegal…
In the Bitcoin system, participants are rewarded for solving cryptographic puzzles. In order to receive more consistent rewards over time, some participants organize mining pools and split the rewards from the pool in proportion to each…
Mining fairness in blockchain refers to equality between the computational resources invested in mining and the block rewards received. There exists a dilemma wherein increasing the transaction processing capacity of a blockchain…
Smart contract platforms facilitate the development of important and diverse distributed applications in a simple manner. This simplicity stems from the inherent utility of employing the state of smart contracts to store, query and verify…
Block-chain world is very dynamic and there is need for strong governance and underlying technology architecture to be robust to face challenges. This paper considers Ethereum, a leading block chain. We deep dive into the nature of this…
In order to have transactions executed and recorded on blockchains such as the Ethereum Mainnet, fees expressed in crypto-currency units of the blockchain must be paid. One can buy crypto-currency called Ether of the Ethereum blockchain…
Smart contracts are self-executing programs on blockchain platforms like Ethereum, which have revolutionized decentralized finance by enabling trustless transactions and the operation of decentralized applications. Despite their potential,…
Machine learning has recently enabled large advances in artificial intelligence, but these tend to be highly centralized. The large datasets required are generally proprietary; predictions are often sold on a per-query basis; and published…
The Ethereum Virtual Machine (EVM) is a decentralized computing engine. It enables the Ethereum blockchain to execute smart contracts and decentralized applications (dApps). The increasing adoption of Ethereum sparked the rise of phishing…
Smart contracts are software programs featuring both traditional applications and distributed data storage on blockchains. Ethereum is a prominent blockchain platform with the support of smart contracts. The smart contracts act as…
Public blockchains such as Ethereum and Bitcoin provide transparency and accountability, and have strong non-repudiation properties, but fall far short of enterprise privacy requirements for business processes. Consequently consortiums are…
In a PoW-based blockchain network, mining pools (the solo miner could be regarded as a mining pool containing one miner) compete to successfully mine blocks to pursue rewards. Generally, the rewards include the fixed block subsidies and…
We calculate the probability of success of block-hiding mining strategies in Bitcoin-like networks. These strategies involve building a secret branch of the block-tree and publishing it opportunistically, aiming to replace the top of the…
Ethereum smart contracts, which are autonomous decentralized applications on the blockchain that manage assets often exceeding millions of dollars, have become primary targets for cyberattacks. In 2023 alone, such vulnerabilities led to…
In recent years, cryptocurrencies have attracted growing attention from both private investors and institutions. Among them, Bitcoin stands out for its impressive volatility and widespread influence. This paper explores the predictability…
It has been known for some time that the Nakamoto consensus as implemented in the Bitcoin protocol is not totally aligned with the individual interests of the participants. More precisely, it has been shown that block withholding mining…