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Smart contracts are the building blocks of the "code is law" paradigm: the smart contract's code indisputably describes how its assets are to be managed - once it is created, its code is typically immutable. Faulty smart contracts present…

Software Engineering · Computer Science 2022-05-17 Pedro Antonino , Juliandson Ferreira , Augusto Sampaio , A. W. Roscoe

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

Ethereum Smart Contracts based on Blockchain Technology (BT)enables monetary transactions among peers on a blockchain network independent of a central authorizing agency. Ethereum smart contracts are programs that are deployed as…

Cryptography and Security · Computer Science 2021-05-17 Noama Fatima Samreen , Manar H. Alalfi

The widespread lack of broad source code verification on blockchain explorers such as Etherscan, where despite 78,047,845 smart contracts deployed on Ethereum (as of May 26, 2025), a mere 767,520 (< 1%) are open source, presents a severe…

Cryptography and Security · Computer Science 2025-06-25 Isaac David , Liyi Zhou , Dawn Song , Arthur Gervais , Kaihua Qin

The exploitation of smart-contract vulnerabilities can have catastrophic consequences such as the loss of millions of pounds worth of crypto assets. Formal verification can be a useful tool in identifying vulnerabilities and proving that…

Programming Languages · Computer Science 2020-02-10 Pedro Antonino , A. W. Roscoe

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

Programming errors in Ethereum smart contracts can result in catastrophic financial losses from stolen cryptocurrency. While vulnerability detectors can prevent vulnerable contracts from being deployed, this does not mean that such…

Cryptography and Security · Computer Science 2021-09-03 Simon Joseph Aquilina , Fran Casino , Mark Vella , Joshua Ellul , Constantinos Patsakis

Ethereum smart contracts are an innovation built on top of the blockchain technology, which provides a platform for automatically executing contracts in an anonymous, distributed, and trusted way. The problem is magnified by the fact that…

Cryptography and Security · Computer Science 2019-11-07 Jialiang Chang , Bo Gao , Hao Xiao , Jun Sun , Yan Cai , Zijiang Yang

Smart contracts are central to a myriad of critical blockchain applications, from financial transactions to supply chain management. However, their adoption is hindered by security vulnerabilities that can result in significant financial…

Cryptography and Security · Computer Science 2025-09-30 Dalila Ressi , Alvise Spanò , Lorenzo Benetollo , Carla Piazza , Michele Bugliesi , Sabina Rossi

We propose and compare two approaches to identify smart contracts as token systems by analyzing their public bytecode. The first approach symbolically executes the code in order to detect token systems by their characteristic behavior of…

Cryptography and Security · Computer Science 2018-11-29 Michael Fröwis , Andreas Fuchs , Rainer Böhme

A bug or error is a common problem that any software or computer program may encounter. It can occur from badly writing the program, a typing error or bad memory management. However, errors can become a significant issue if the unsafe…

Programming Languages · Computer Science 2019-08-29 Zeinab Nehai , François Bobot

Smart contracts written in Solidity are programs used in blockchain networks, such as Etherium, for performing transactions. However, as with any piece of software, they are prone to errors and may present vulnerabilities, which malicious…

Logic in Computer Science · Computer Science 2021-11-29 Kunjian Song , Nedas Matulevicius , Eddie B. de Lima Filho , Lucas C. Cordeiro

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…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-08-05 Christos Patsonakis , Mema Roussopoulos

In this work, we provide a comprehensive survey of smart contract upgradability patterns using proxies. A primary characteristic of smart contracts on the Ethereum blockchain is that they are immutable once implemented, no changes can be…

Cryptography and Security · Computer Science 2023-04-10 Sajad Meisami , William Edward Bodell

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…

Cryptography and Security · Computer Science 2023-12-29 Christoph Sendner , Lukas Petzi , Jasper Stang , Alexandra Dmitrienko

Smart contracts are computer programs that can be consistently executed by a network of mutually distrusting nodes, without the arbitration of a trusted authority. Because of their resilience to tampering, smart contracts are appealing in…

Cryptography and Security · Computer Science 2018-06-21 Massimo Bartoletti , Livio Pompianu

Recent attacks exploiting errors in smart contract code had devastating consequences thereby questioning the benefits of this technology. It is currently highly challenging to fix errors and deploy a patched contract in time. Instant…

Cryptography and Security · Computer Science 2020-10-05 Michael Rodler , Wenting Li , Ghassan O. Karame , Lucas Davi

Context: Smart contracts are computer programs that are automatically executed on the blockchain. Vulnerabilities in their implementation have led to severe loss of cryptocurrency. Smart contracts become immutable when deployed to the…

Cryptography and Security · Computer Science 2022-03-29 Majd Soud , Grischa Liebel , Mohammad Hamdaqa

The use of blockchain and smart contracts have not stopped growing in recent years. Like all software that begins to expand its use, it is also beginning to be targeted by hackers who will try to exploit vulnerabilities in both the…

Cryptography and Security · Computer Science 2024-02-07 Antonio López Vivar , Ana Lucila Sandoval Orozco , Luis Javier García Villalba

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