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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

Smart contracts are autonomous and immutable pieces of code that are deployed on blockchain networks and run by miners. They were first introduced by Ethereum in 2014 and have since been used for various applications such as security…

Software Engineering · Computer Science 2024-07-08 Mahdi Fooladgar , Fathiyeh Faghih

In this position paper, we consider some foundational topics regarding smart contracts (such as terminology, automation, enforceability, and semantics) and define a smart contract as an automatable and enforceable agreement. We explore a…

Computers and Society · Computer Science 2017-03-16 Christopher D. Clack , Vikram A. Bakshi , Lee Braine

Smart contracts are a special type of programs running inside a blockchain. Immutable and transparent, they provide means to implement fault-tolerant and censorship-resistant services. Unfortunately, its immutability causes a serious…

Logic in Computer Science · Computer Science 2018-12-04 Evgeniy Shishkin

An important problem in smart contract security is understanding the likelihood and criticality of discovered, or potential, weaknesses in contracts. In this paper we provide a summary of Ethereum smart contract audits performed for 23…

Software Engineering · Computer Science 2020-01-13 Alex Groce , Josselin Feist , Gustavo Grieco , Michael Colburn

Permissionless blockchains allow the execution of arbitrary programs (called smart contracts), enabling mutually untrusted entities to interact without relying on trusted third parties. Despite their potential, repeated security concerns…

Cryptography and Security · Computer Science 2018-08-27 Petar Tsankov , Andrei Dan , Dana Drachsler Cohen , Arthur Gervais , Florian Buenzli , Martin Vechev

We present a methodology to develop verified smart contracts. We write smart contracts, their specifications and implementations in the verification-friendly language Dafny. In our methodology the ability to write specifications,…

Logic in Computer Science · Computer Science 2022-08-08 Franck Cassez , Joanne Fuller , Horacio Mijail Anton Quiles

Smart contracts are crucial elements of decentralized technologies, but they face significant obstacles to trustworthiness due to security bugs and trapdoors. To address the core issue, we propose a technology that enables programmers to…

Cryptography and Security · Computer Science 2023-04-19 Nikolaj Bjørner , Shuo Chen , Yang Chen , Zhongxin Guo , Peng Liu , Nanqing Luo

In the growing field of blockchain technology, smart contracts exist as transformative digital agreements that execute transactions autonomously in decentralised networks. However, these contracts face challenges in the form of security…

Cryptography and Security · Computer Science 2024-07-12 Christopher De Baets , Basem Suleiman , Armin Chitizadeh , Imran Razzak

Smart contracts can implement and automate parts of legal contracts, but ensuring their legal compliance remains challenging. Existing approaches such as formal specification, verification, and model-based development require expertise in…

Software Engineering · Computer Science 2025-06-03 Chanuka Wijayakoon , Hai Dong , H. M. N. Dilum Bandara , Zahir Tari , Anurag Soin

Smart contracts have been increasingly used together with blockchains to automate financial and business transactions. However, many bugs and vulnerabilities have been identified in many contracts which raises serious concerns about smart…

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

The rise of smart contract systems such as Ethereum has resulted in a proliferation of blockchain-based decentralized applications including applications that store and manage a wide range of data. Current smart contracts are designed to be…

Cryptography and Security · Computer Science 2019-02-26 Chao Li , Balaji Palanisamy , Runhua Xu

As blockchain technology and smart contracts become widely adopted, securing them throughout every stage of the transaction process is essential. The concern of improved security for smart contracts is to find and detect vulnerabilities…

Cryptography and Security · Computer Science 2025-03-11 S M Mostaq Hossain , Amani Altarawneh , Jesse Roberts

Blockchain technology (BT) Ethereum Smart Contracts allows programmable transactions that involve the transfer of monetary assets among peers on a BT network independent of a central authorizing agency. Ethereum Smart Contracts are programs…

Cryptography and Security · Computer Science 2021-05-21 Noama Fatima Samreen , Manar H. Alalfi

Smart contracts manage blockchain assets and embody business processes. However, mainstream smart contract programming languages such as Solidity lack explicit notions of roles, action dependencies, and time. Instead, these concepts are…

Software Engineering · Computer Science 2023-09-19 Mojtaba Eshghie , Wolfgang Ahrendt , Cyrille Artho , Thomas Troels Hildebrandt , Gerardo Schneider

As smart contracts are growing in size and complexity, it becomes harder and harder to ensure their correctness and security. Due to the lack of isolation mechanisms a single mistake or vulnerability in the code can bring the whole system…

Software Engineering · Computer Science 2020-01-14 Mikhail Mandrykin , Jake O'Shannessy , Jacob Payne , Ilya Shchepetkov

Bitcoin has attracted everyone's attention and interest recently. Ethereum (ETH), a second generation cryptocurrency, extends Bitcoin's design by offering a Turing-complete programming language called Solidity to develop smart contracts.…

Programming Languages · Computer Science 2018-04-05 Jiao Jiao , Shuanglong Kan , Shang-Wei Lin , David Sanan , Yang Liu , Jun Sun

Context: Smart contract vulnerabilities pose significant security risks for the Ethereum ecosystem, driving the development of automated tools for detection and mitigation. Smart contracts are written in Solidity, a programming language…

Software Engineering · Computer Science 2025-04-09 Gerardo Iuliano , Davide Corradini , Michele Pasqua , Mariano Ceccato , Dario Di Nucci

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

Blockchain platforms and smart contracts are vulnerable to security breaches. Security breaches of smart contracts have led to huge financial losses in terms of cryptocurrencies and tokens. In this paper, we present a systematic survey of…

Cryptography and Security · Computer Science 2022-12-16 S. Vani , M. Doshi , A. Nanavati , A. Kundu