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Ethereum block builders run sealed auctions among searchers, but nothing in the protocol forces a builder to honor the auction outcome after observing submitted bundles. This paper studies the commitment problem. We model a builder who…

Computer Science and Game Theory · Computer Science 2026-05-26 Aleksei Adadurov , Sergey Barseghyan , Anton Chtepine , Antero Eloranta , Andrei Sebyakin , Arsenii Valitov

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

Gas is the transaction-fee metering system of the Ethereum network. Users of the network are required to select a gas price for submission with their transaction, creating a risk of overpaying or delayed/unprocessed transactions in this…

Machine Learning · Computer Science 2023-05-16 Conall Butler , Martin Crane

Blockchain technology shows significant results and huge potential for serving as an interweaving fabric that goes through every industry and market, allowing decentralized and secure value exchange, thus connecting our civilization like…

Computational Finance · Quantitative Finance 2018-10-17 Zvezdin Besarabov , Todor Kolev

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

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

This paper presents secure mempool designs under asymmetric DoS attacks. We formulate safety definitions under two abstract DoSes, namely eviction- and locking-based attacks. We propose a safe transaction admission framework for securing…

Cryptography and Security · Computer Science 2024-07-17 Wanning Ding , Yibo Wang , Yuzhe Tang

We present a comprehensive analysis of the implications of artificial latency in the Proposer-Builder Separation framework on the Ethereum network. Focusing on the MEV-Boost auction system, we analyze how strategic latency manipulation…

Computer Science and Game Theory · Computer Science 2024-01-12 Umberto Natale , Michael Moser

The widespread recognition of the smart contracts has established their importance in the landscape of next generation blockchain technology. However, writing a correct smart contract is notoriously difficult. Moreover, once a…

Software Engineering · Computer Science 2019-11-26 Xinming Wang , Zhijian Xie , Jiahao He , Gansen Zhao , Nie Ruihua

The proxy design pattern allows Ethereum smart contracts to be simultaneously immutable and upgradeable, in which an original contract is split into a proxy contract containing the data storage and a logic contract containing the…

Cryptography and Security · Computer Science 2024-09-23 Cheng-Kang Chen , Wen-Yi Chu , Muoi Tran , Laurent Vanbever , Hsu-Chun Hsiao

In certain blockchain systems, light nodes are clients that download only a small portion of the block. Light nodes are vulnerable to data availability (DA) attacks where a malicious node hides an invalid portion of the block from the light…

Information Theory · Computer Science 2021-01-26 Debarnab Mitra , Lev Tauz , Lara Dolecek

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

We outline two dishonest strategies that can be cheaply executed on the Ethereum 2.0 beacon chain, even by validators holding less than one-third of the total stake: malicious chain reorganizations ("reorgs") and finality delays. In a…

Cryptography and Security · Computer Science 2021-02-05 Michael Neuder , Daniel J. Moroz , Rithvik Rao , David C. Parkes

For data privacy, system reliability, and security, Blockchain technologies have become more popular in recent years. Despite its usefulness, the blockchain is vulnerable to cyber assaults; for example, in January 2019 a 51% attack on…

Cryptography and Security · Computer Science 2022-12-20 D. Nancy Kirupanithi , A. Antonidoss , G. Subathra

Smart contracts deployed on blockchain platforms are vulnerable to various security vulnerabilities. However, only a small number of Ethereum contracts have released their source code, so vulnerability detection at the bytecode level is…

Cryptography and Security · Computer Science 2026-02-03 Jiuyang Bu , Wenkai Li , Zongwei Li , Zeng Zhang , Xiaoqi Li

Smart contracts on Ethereum handle millions of U.S. Dollars and other financial assets. In the past, attackers have exploited smart contracts to steal these assets. The Ethereum community has developed plenty of tools to detect vulnerable…

Cryptography and Security · Computer Science 2022-02-28 Chavhan Sujeet Yashavant , Saurabh Kumar , Amey Karkare

In this paper, we explore remarkable similarities between multi-transactional behaviors of smart contracts in cryptocurrencies such as Ethereum and classical problems of shared-memory concurrency. We examine two real-world examples from the…

Distributed, Parallel, and Cluster Computing · Computer Science 2017-02-21 Ilya Sergey , Aquinas Hobor

This paper presents an architecture of a Personal Information Management System, in which individuals can define the access to their personal data by means of smart contracts. These smart contracts, running on the Ethereum blockchain,…

Cryptography and Security · Computer Science 2021-01-27 Mirko Zichichi , Stefano Ferretti , Gabriele D'Angelo , Víctor Rodríguez-Doncel

Smart contracts are stateful programs deployed on blockchains; they secure over a trillion dollars in transaction value per year. High-stakes smart contracts often rely on timely alerts about external events, but prior work has not analyzed…

Cryptography and Security · Computer Science 2026-04-14 Marwa Mouallem , Lorenz Breidenbach , Ittay Eyal , Ari Juels

Fixing bugs is easiest by patching source code. However, source code is not always available: only 0.3% of the ~49M smart contracts that are currently deployed on Ethereum have their source code publicly available. Moreover, since contracts…

Cryptography and Security · Computer Science 2022-07-06 Christof Ferreira Torres , Hugo Jonker , Radu State
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