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The rise of decentralized applications (dApps) has made smart contracts imperative components of blockchain technology. As many smart contracts process financial transactions, their security is paramount. Moreover, the immutability of…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-07-24 Khalid Hassan , Saeed Moradi , Shaiful Chowdhury , Sara Rouhani

The rise of modern blockchains has facilitated the emergence of smart contracts: autonomous programs that live and run on the blockchain. Smart contracts have seen a rapid climb to prominence, with applications predicted in law, business,…

Programming Languages · Computer Science 2018-09-12 Lexi Brent , Anton Jurisevic , Michael Kong , Eric Liu , Francois Gauthier , Vincent Gramoli , Ralph Holz , Bernhard Scholz

The Ethereum blockchain platform supports the execution of decentralised applications or smart contracts. These typically hold and transfer digital currency to other parties on the platform; however, they have been subject to numerous…

Programming Languages · Computer Science 2019-04-16 Franklin Schrans , Daniel Hails , Alexander Harkness , Sophia Drossopoulou , Susan Eisenbach

Ethereum holds multiple billions of U.S. dollars in the form of Ether cryptocurrency and ERC-20 tokens, with millions of deployed smart contracts algorithmically operating these funds. Unsurprisingly, the security of Ethereum smart…

Cryptography and Security · Computer Science 2021-06-01 Nikolay Ivanov , Jianzhi Lou , Ting Chen , Jin Li , Qiben Yan

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

Modern blockchain, such as Ethereum, supports the deployment and execution of so-called smart contracts, autonomous digital programs with significant value of cryptocurrency. Executing smart contracts requires gas costs paid by users, which…

Emerging Technologies · Computer Science 2024-06-25 Majd Soud , Waltteri Nuutinen , Grischa Liebel

The large-scale deployment of Solidity smart contracts on the Ethereum mainnet has increasingly attracted financially-motivated attackers in recent years. A few now-infamous attacks in Ethereum's history includes DAO attack in 2016 (50…

Cryptography and Security · Computer Science 2024-10-29 Md Tauseef Alam , Raju Halder , Abyayananda Maiti

The blockchain technology has been used for recording state transitions of smart contracts - decentralized applications that can be invoked through external transactions. Smart contracts gained popularity and accrued hundreds of billions of…

Cryptography and Security · Computer Science 2023-05-10 Nikolay Ivanov , Chenning Li , Qiben Yan , Zhiyuan Sun , Zhichao Cao , Xiapu Luo

Recently, a number of existing blockchain systems have witnessed major bugs and vulnerabilities within smart contracts. Although the literature features a number of proposals for securing smart contracts, these proposals mostly focus on…

Cryptography and Security · Computer Science 2018-12-17 Michael Rodler , Wenting Li , Ghassan O. Karame , Lucas Davi

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

This article conducts an extensive examination of the persisting challenges related to smart contract attacks within blockchain networks, with a particular focus on the reentrancy attack. It emphasizes the inherent vulnerabilities embedded…

Social and Information Networks · Computer Science 2023-10-05 Simone Casale-Brunet , Marco Mattavelli

Software built on poor structural patterns often shows higher exposure to security defects. When code differs from established best practices, verification and maintenance become increasingly difficult, thereby raising the risk of…

Cryptography and Security · Computer Science 2026-01-26 Masoud Jamshidiyan Tehrani

Smart contracts---stateful executable objects hosted on blockchains like Ethereum---carry billions of dollars worth of coins and cannot be updated once deployed. We present a new systematic characterization of a class of trace…

Cryptography and Security · Computer Science 2018-03-15 Ivica Nikolic , Aashish Kolluri , Ilya Sergey , Prateek Saxena , Aquinas Hobor

Ethereum has become a widely used platform to enable secure, Blockchain-based financial and business transactions. However, a major concern in Ethereum is the security of its smart contracts. Many identified bugs and vulnerabilities in…

Software Engineering · Computer Science 2020-05-21 Zhipeng Gao , Vinoj Jayasundara , Lingxiao Jiang , Xin Xia , David Lo , John Grundy

We reveal six zero-day social engineering attacks in Ethereum, and subdivide them into two classes: Address Manipulation and Homograph. We demonstrate the attacks by embedding them in source codes of five popular smart contracts with…

Cryptography and Security · Computer Science 2022-09-20 Nikolay Ivanov , Qiben Yan

Smart contracts are Turing-complete programs running on the blockchain. They are immutable and cannot be modified, even when bugs are detected. Therefore, ensuring smart contracts are bug-free and well-designed before deploying them to the…

Software Engineering · Computer Science 2021-03-24 Jiachi Chen , Xin Xia , David Lo , John Grundy , Xiapu Luo , Ting Chen

Ethereum smart contracts are distributed programs running on top of the Ethereum blockchain. Since program flaws can cause significant monetary losses and can hardly be fixed due to the immutable nature of the blockchain, there is a strong…

Cryptography and Security · Computer Science 2021-01-15 Clara Schneidewind , Markus Scherer , Matteo Maffei

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 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

With the rise in using immature smart contract programming languages to build a decentralized application, more vulnerabilities have been introduced to the Blockchain and were the main reasons behind critical financial losses. Moreover, the…

Cryptography and Security · Computer Science 2023-12-04 Oualid Zaazaa , Hanan El Bakkali