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In this paper, we identify a new form of attack, called the Balance attack, against proof-of-work blockchain systems. The novelty of this attack consists of delaying network communications between multiple subgroups of nodes with balanced…

Distributed, Parallel, and Cluster Computing · Computer Science 2017-01-02 Christopher Natoli , Vincent Gramoli

In Ethereum, the practice of verifying the validity of the passed addresses is a common practice, which is a crucial step to ensure the secure execution of smart contracts. Vulnerabilities in the process of address verification can lead to…

Cryptography and Security · Computer Science 2024-06-03 Tianle Sun , Ningyu He , Jiang Xiao , Yinliang Yue , Xiapu Luo , Haoyu Wang

In this paper, we explore vulnerabilities and countermeasures of the recently proposed blockchain consensus based on proof-of-authority. The proof-of-work blockchains, like Bitcoin and Ethereum, have been shown both theoretically and…

Cryptography and Security · Computer Science 2019-09-26 Parinya Ekparinya , Vincent Gramoli , Guillaume Jourjon

In many blockchains, e.g., Ethereum, Binance Smart Chain (BSC), the primary representation used for wallet addresses is a hardly memorable 40-digit hexadecimal string. As a result, users often select addresses from their recent transaction…

Cryptography and Security · Computer Science 2025-07-03 Taro Tsuchiya , Jin-Dong Dong , Kyle Soska , Nicolas Christin

Smart contracts are small programs on the blockchain that often handle valuable assets. Vulnerabilities in smart contracts can be costly, as time has shown over and over again. Countermeasures are high in demand and include best practice…

Software Engineering · Computer Science 2023-05-03 Monika di Angelo , Gernot Salzer

Ethereum smart contracts have recently drawn a considerable amount of attention from the media, the financial industry and academia. With the increase in popularity, malicious users found new opportunities to profit by deceiving newcomers.…

Cryptography and Security · Computer Science 2019-12-23 Ramiro Camino , Christof Ferreira Torres , Mathis Baden , Radu State

Blockchain programs (also known as smart contracts) manage valuable assets like cryptocurrencies and tokens, and implement protocols in domains like decentralized finance (DeFi) and supply-chain management. These types of applications…

Cryptography and Security · Computer Science 2023-11-09 Monika di Angelo , Thomas Durieux , João F. Ferreira , Gernot Salzer

The gas mechanism in Ethereum charges the execution of every operation to ensure that smart contracts running in EVM (Ethereum Virtual Machine) will be eventually terminated. Failing to properly set the gas costs of EVM operations allows…

Cryptography and Security · Computer Science 2020-11-05 Ting Chen , Xiaoqi Li , Ying Wang , Jiachi Chen , Zihao Li , Xiapu Luo , Man Ho Au , Xiaosong Zhang

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

With the rapid development of blockchain technology, transaction logs play a central role in various applications, including decentralized exchanges, wallets, cross-chain bridges, and other third-party services. However, these logs,…

Cryptography and Security · Computer Science 2025-02-20 Yixuan Liu , Yuxin Dong , Ye Liu , Xiapu Luo , Yi Li

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…

Social and Information Networks · Computer Science 2025-01-15 Shuyi Miao , Wangjie Qiu , Hongwei Zheng , Qinnan Zhang , Xiaofan Tu , Xunan Liu , Yang Liu , Jin Dong , Zhiming Zheng

Ethereum's scalability has been a major concern due to its limited transaction throughput and high fees. To address these limitations, Polygon has emerged as a sidechain solution that facilitates asset transfers between Ethereum and…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-04-23 Tao Yan , Chuanshan Huang , Claudio J. Tessone

Blockchains and smart contracts are an emerging, promising technology, that has received considerable attention. We use the blockchain technology, and in particular Ethereum, to implement a large-scale event-based Internet of Things (IoT)…

Cryptography and Security · Computer Science 2019-07-10 Nikos Fotiou , Iakovos Pittaras , Vasilios A. Siris , Spyros Voulgaris , George C. Polyzos

The use of blockchains for automated and adversarial trading has become commonplace. However, due to the transparent nature of blockchains, an adversary is able to observe any pending, not-yet-mined transactions, along with their execution…

Cryptography and Security · Computer Science 2024-02-16 Kaihua Qin , Stefanos Chaliasos , Liyi Zhou , Benjamin Livshits , Dawn Song , Arthur Gervais

Phishing is a widespread scam activity on Ethereum, causing huge financial losses to victims. Most existing phishing scam detection methods abstract accounts on Ethereum as nodes and transactions as edges, then use manual statistics of…

Social and Information Networks · Computer Science 2023-06-30 Wenjia Yu , Yijun Xia , Jieli Liu , Jiajing Wu

The blockchain ecosystem, particularly with the rise of Web3 and Non-Fungible Tokens (NFTs), has experienced a significant increase in users and applications. However, this expansion is challenged by the need to connect early adopters with…

Cryptography and Security · Computer Science 2024-04-08 Hiroki Watanabe , Kohei Ichihara , Takumi Aita

Second generation blockchain platforms, like Ethereum, can store arbitrary data and execute user-defined smart contracts. Due to the shared nature of blockchains, understanding the usage of blockchain-based applications and the underlying…

Software Engineering · Computer Science 2020-01-29 Christopher Klinkmüller , Ingo Weber , Alexander Ponomarev , An Binh Tran , Wil van der Aalst

Blockchain technology, beyond cryptocurrencies, is called to be the new information exchange ecosystem due to its unique properties, such as immutability and transparency. The main objective of this work is to introduce the design of a…

Cryptography and Security · Computer Science 2022-09-29 N García-Moreno , P Caballero-Gil , C Caballero-Gil , J Molina-Gil

The advent of smart contracts has enabled the rapid rise of Decentralized Finance (DeFi) on the Ethereum blockchain, offering substantial rewards in financial innovation and inclusivity. This growth, however, is accompanied by significant…

Social and Information Networks · Computer Science 2026-05-05 Shabnam Fazliani , Mohammad Mowlavi Sorond , Arsalan Masoudifard

As of July 15, 2023, Ethererum, which is a Proof-of-Stake (PoS) blockchain [1] has around 410 Billion USD in total assets on chain (popularly referred to as total-value-locked, TVL) but has only 33 Billion USD worth of ETH staked in…

Cryptography and Security · Computer Science 2024-01-12 Soubhik Deb , Robert Raynor , Sreeram Kannan