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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

Reentrancy, a notorious vulnerability in smart contracts, has led to millions of dollars in financial loss. However, current smart contract vulnerability detection tools suffer from a high false positive rate in identifying contracts with…

Cryptography and Security · Computer Science 2024-03-29 Shuo Yang , Jiachi Chen , Mingyuan Huang , Zibin Zheng , Yuan Huang

Ethereum prospered the inception of a plethora of smart contract applications, ranging from gambling games to decentralized finance. However, Ethereum is also considered a highly adversarial environment, where vulnerable smart contracts…

Cryptography and Security · Computer Science 2021-06-04 Christof Ferreira Torres , Ramiro Camino , Radu State

Smart contracts are full-fledged programs that run on blockchains (e.g., Ethereum, one of the most popular blockchains). In Ethereum, gas (in Ether, a cryptographic currency like Bitcoin) is the execution fee compensating the computing…

Software Engineering · Computer Science 2020-11-05 Ting Chen , Xiaoqi Li , Xiapu Luo , Xiaosong Zhang

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,…

Software Engineering · Computer Science 2026-03-25 Gerardo Iuliano , Dario Di Nucci

Message digest algorithms are one of the underlying building blocks of blockchain platforms such as Ethereum. This paper analyses situations in which the message digest collision resistance property can be exploited by attackers. Two…

Cryptography and Security · Computer Science 2018-06-18 Peter Robinson

The cost of using a blockchain infrastructure as well as the time required to search and retrieve information from it must be considered when designing a decentralized application. In this work, we examine a comprehensive set of data…

Databases · Computer Science 2021-05-25 P. Kostamis , A. Sendros , P. S. Efraimidis

Denial of Service (DoS) attacks are a growing threat in network services. The frequency and intensity of DoS attacks are rapidly increasing day by day. The immense financial potential of the Cryptocurrency market is a prevalent target of…

Cryptography and Security · Computer Science 2022-05-27 Mayank Raikwar , Danilo Gligoroski

Cryptocurrency miners have great latitude in deciding which transactions they accept, including their own, and the order in which they accept them. Ethereum miners in particular use this flexibility to collect MEV-Miner Extractable Value-by…

Cryptography and Security · Computer Science 2022-03-31 Julien Piet , Jaiden Fairoze , Nicholas Weaver

The selfdestruct function is provided by Ethereum smart contracts to destroy a contract on the blockchain system. However, it is a double-edged sword for developers. On the one hand, using selfdestruct function enables developers to remove…

Software Engineering · Computer Science 2021-11-30 Jiachi Chen , Xin Xia , David Lo , John Grundy

As transaction fees skyrocket today, blockchains become increasingly expensive, hurting their adoption in broader applications. This work tackles the saving of transaction fees for economic blockchain applications. The key insight is that…

Cryptography and Security · Computer Science 2022-10-11 Yibo Wang , Yuzhe Tang

Smart contracts are Turing-complete programs running on the blockchain. They cannot be modified, even when bugs are detected. The Selfdestruct function is the only way to destroy a contract on the blockchain system and transfer all the…

Software Engineering · Computer Science 2020-10-07 Jiachi Chen

Mining is the important part of the blockchain used the proof of work (PoW) on its consensus, looking for the matching block through testing a number of hash calculations. In order to attract more hash computing power, the miner who finds…

Cryptography and Security · Computer Science 2021-04-01 Muchuang Hu , Jiahui Chen , Wensheng Gan , Chien-Ming Chen

With the escalating prevalence of malicious activities exploiting vulnerabilities in blockchain systems, there is an urgent requirement for robust attack detection mechanisms. To address this challenge, this paper presents a novel…

We present and validate a novel mathematical model of the blockchain mining process and use it to conduct an economic evaluation of the double-spend attack, which is fundamental to all blockchain systems. Our analysis focuses on the value…

Cryptography and Security · Computer Science 2016-11-22 George Bissias , Brian Neil Levine , A. Pinar Ozisik , Gavin Andresen

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

We use historical data to estimate the potential benefit of speculative techniques for executing Ethereum smart contracts in parallel. We replay transaction traces of sampled blocks from the Ethereum blockchain over time, using a simple…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-01-23 Vikram Saraph , Maurice Herlihy

Many prominent smart-contract applications such as payment channels, auctions, and voting systems often involve a mechanism in which some party must respond to a challenge or appeal some action within a fixed time limit. This pattern of…

Cryptography and Security · Computer Science 2022-09-27 Ayelet Lotem , Sarah Azouvi , Patrick McCorry , Aviv Zohar

In 2021 Ethereum adjusted the transaction pricing mechanism by implementing EIP-1559, which introduces the base fee - a network fee that is burned and dynamically adjusts to the network demand. The authors of the Ethereum Improvement…

Computer Science and Game Theory · Computer Science 2023-08-09 Sarah Azouvi , Guy Goren , Lioba Heimbach , Alexander Hicks

Our aim in this paper is to investigate the profitability of double-spending (DS) attacks that manipulate an a priori mined transaction in a blockchain. It was well understood that a successful DS attack is established when the proportion…

Cryptography and Security · Computer Science 2020-10-15 Jehyuk Jang , Heung-No Lee