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Blockchain's economic value lies in enabling financial and economic transactions without relying on trusted, centralized intermediaries. In practice, however, transactions pass through a fragmented chain of intermediaries before being…

General Economics · Economics 2026-05-05 Andrea Canidio , Vabuk Pahari

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

As one of the representative blockchain platforms, Ethereum has attracted lots of attacks. Due to the existed financial loss, there is a pressing need to perform timely investigation and detect more attack instances. Though multiple systems…

Cryptography and Security · Computer Science 2020-10-26 Lei Wu , Siwei Wu , Yajin Zhou , Runhuai Li , Zhi Wang , Xiapu Luo , Cong Wang , Kui Ren

Digital currencies and cryptocurrencies have hesitantly started to penetrate the investors, and the next step will be the regulatory risk management framework. We examine the Value-at-Risk and Expected Shortfall properties for the major…

Risk Management · Quantitative Finance 2017-08-31 Stavros Stavroyiannis

Decentralized finance, i.e., DeFi, has become the most popular type of application on many public blockchains (e.g., Ethereum) in recent years. Compared to the traditional finance, DeFi allows customers to flexibly participate in diverse…

Cryptography and Security · Computer Science 2021-03-05 Bin Wang , Han Liu , Chao Liu , Zhiqiang Yang , Qian Ren , Huixuan Zheng , Hong Lei

Blockchain is one of the most discussed and highly accepted technologies, primarily due to its application in almost every field where third parties are needed for trust. Blockchain technology relies on distributed consensus for trust,…

Cryptography and Security · Computer Science 2022-02-02 Arman Rasoodl Faridi , Faraz Masood , Ali Haider Thabet Shamsan , Mohammad Luqman , Monir Yahya Salmony

Vulnerabilities of Ethereum smart contracts often cause serious financial damage. Whereas the Solidity compiler has been updated to prevent vulnerabilities, its effectiveness has not been revealed so far, to the best of our knowledge. In…

Cryptography and Security · Computer Science 2023-06-08 Chihiro Kado , Naoto Yanai , Jason Paul Cruz , Kyosuke Yamashita , Shingo Okamura

Total Value Locked (TVL) aims to measure the aggregate value of cryptoassets deposited in Decentralized Finance (DeFi) protocols. Although blockchain data is public, the way TVL is computed is not well understood. In practice, its…

General Finance · Quantitative Finance 2025-05-21 Pietro Saggese , Michael Fröwis , Stefan Kitzler , Bernhard Haslhofer , Raphael Auer

Ethereum is the largest public blockchain by usage. It applies an account-based model, which is inferior to Bitcoin's unspent transaction output model from a privacy perspective. Due to its privacy shortcomings, recently several…

Cryptography and Security · Computer Science 2020-10-14 Ferenc Béres , István András Seres , András A. Benczúr , Mikerah Quintyne-Collins

Due to the widespread use of smart contracts, Ethereum has become the second-largest blockchain platform after Bitcoin. Many different types of Ethereum accounts (ICO, Mining, Gambling, etc.) also have quite active trading activities on…

Cryptography and Security · Computer Science 2022-11-16 Baoying Huang , Jieli Liu , Jiajing Wu , Quanzhong Li , Hao Lin

Ethereum has become a widely used platform to enable secure, Blockchain-based financial and business transactions. However, many identified bugs and vulnerabilities in smart contracts have led to serious financial losses, which raises…

Software Engineering · Computer Science 2021-07-06 Zhipeng Gao

Ethereum smart contracts hold tens of billions of USD in DeFi and NFTs, yet comprehensive security analysis remains difficult due to unverified code, proxy-based architectures, and the reliance on manual inspection of complex execution…

Cryptography and Security · Computer Science 2025-09-04 Shuzheng Wang , Yue Huang , Zhuoer Xu , Yuming Huang , Jing Tang

Turing completeness has made Ethereum smart contracts attractive to blockchain developers and attackers alike. To increase code security, many tools can now spot most known vulnerabilities$-$at the cost of production efficiency. Recent…

Cryptography and Security · Computer Science 2024-10-23 Tommaso Oss , Carlos E. Budde

The popularity of blockchain technology continues to grow rapidly in both industrial and academic fields. Most studies of blockchain focus on the improvements of security, usability, or efficiency of blockchain protocols, or the…

Software Engineering · Computer Science 2018-06-20 He Jiang , Dong Liu , Zhilei Ren , Tao Zhang

DEX, or decentralized exchange, is a prominent class of decentralized finance (DeFi) applications on blockchains, attracting a total locked value worth tens of billions of USD today. This paper presents the first large-scale empirical study…

Cryptography and Security · Computer Science 2024-01-23 Jiaqi Chen , Yibo Wang , Yuxuan Zhou , Wanning Ding , Yuzhe Tang , XiaoFeng Wang , Kai Li

Ethereum has emerged as the most popular smart contract development platform, with hundreds of thousands of contracts stored on the blockchain and covering a variety of application scenarios, such as auctions, trading platforms, and so on.…

Programming Languages · Computer Science 2020-05-18 Clara Schneidewind , Ilya Grishchenko , Markus Scherer , Matteo Maffei

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

As privacy features in Android operating system improve, privacy-invasive apps may gradually shift their focus to non-standard and covert channels for leaking private user/device information. Such leaks also remain largely undetected by…

Cryptography and Security · Computer Science 2022-10-03 Sajjad Pourali , Nayanamana Samarasinghe , Mohammad Mannan

Block-chain world is very dynamic and there is need for strong governance and underlying technology architecture to be robust to face challenges. This paper considers Ethereum, a leading block chain. We deep dive into the nature of this…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-10-21 G. Hall , M. Mansi , I. Makrant

A cryptocurrency is a decentralized digital currency that is designed for secure and private asset transfer and storage. As a currency, it should be difficult to counterfeit and double-spend. In this paper, we review and analyze the major…

Cryptography and Security · Computer Science 2019-04-26 Ehab Zaghloul , Tongtong Li , Matt Mutka , Jian Ren
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