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We provide three detailed case studies of vulnerabilities in smart contracts, and show how property-based testing would have found them: 1. the Dexter1 token exchange; 2. the iToken; 3. the ICO of Brave's BAT token. The last example is, in…

Logic in Computer Science · Computer Science 2022-10-07 Mikkel Milo , Eske Hoy Nielsen , Danil Annenkov , Bas Spitters

Smart contracts are the cornerstone of decentralized applications and financial protocols, which extend the application of digital currency transactions. The applications and financial protocols introduce significant security challenges,…

Cryptography and Security · Computer Science 2025-04-22 Hongli Peng , Xiaoqi Li , Wenkai Li

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

Compiler correctness is an old problem, but with the emergence of smart contracts on blockchains that problem presents itself in a new light. Smart contracts are self-contained pieces of software that control assets, which are often of high…

Programming Languages · Computer Science 2022-02-23 Jacco O. G. Krijnen , Manuel M. T. Chakravarty , Gabriele Keller , Wouter Swierstra

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

We present VeriSmart, a highly precise verifier for ensuring arithmetic safety of Ethereum smart contracts. Writing safe smart contracts without unintended behavior is critically important because smart contracts are immutable and even a…

Programming Languages · Computer Science 2019-09-02 Sunbeom So , Myungho Lee , Jisu Park , Heejo Lee , Hakjoo Oh

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

We propose and develop a framework for validating smart contracts derived from e-contracts. The goal is to ensure the generated smart contracts fulfil all the conditions outlined in their corresponding e-contracts. By confirming alignment…

Software Engineering · Computer Science 2025-04-29 Sangharatna Godboley , P. Radha Krishna , Sunkara Sri Harika , Pooja Varnam

Smart contracts written in Solidity are programs used in blockchain networks, such as Etherium, for performing transactions. However, as with any piece of software, they are prone to errors and may present vulnerabilities, which malicious…

Logic in Computer Science · Computer Science 2021-11-29 Kunjian Song , Nedas Matulevicius , Eddie B. de Lima Filho , Lucas C. Cordeiro

Software built on poor structural patterns often shows higher exposure to security defects. When code differs from established best practices, verification and maintenance become increasingly difficult, thereby raising the risk of…

Cryptography and Security · Computer Science 2026-01-26 Masoud Jamshidiyan Tehrani

Blockchains facilitate secure resource transactions through smart contracts, yet these digital agreements are prone to vulnerabilities, particularly when interacting with external contracts, leading to substantial monetary losses.…

Cryptography and Security · Computer Science 2024-07-04 Haojia Sun , Kunal Singh , Jan-Paul Ramos-Dávila , Jonathan Aldrich , Jenna DiVincenzo

Managing and exchanging sensitive information securely is a paramount concern for the scientific and cybersecurity community. The increasing reliance on computing workflows and digital data transactions requires ensuring that sensitive…

Cryptography and Security · Computer Science 2023-11-23 Md Jobair Hossain Faruk , Bilash Saha , Jim Basney

With the rapid advancement of blockchain technology, smart contracts have enabled the implementation of increasingly complex functionalities. However, ensuring the security of smart contracts remains a persistent challenge across the stages…

Cryptography and Security · Computer Science 2025-05-01 Yuchen Ding , Hongli Peng , Xiaoqi Li

Smart contracts are blockchain programs that often handle valuable assets. Writing secure smart contracts is far from trivial, and any vulnerability may lead to significant financial losses. To support developers in identifying and…

Cryptography and Security · Computer Science 2023-06-09 Monika di Angelo , Thomas Durieux , João F. Ferreira , Gernot Salzer

Blockchain smart contracts have emerged as a transformative force in the digital realm, spawning a diverse range of compelling applications. Since solidity smart contracts across various domains manage trillions of dollars in virtual coins,…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-12-12 Zhiyuan Wei , Xianhao Zhang , Jing Sun , Zijian Zhang , Liehuang Zhu

The introduction of smart contract functionality marks the advent of the blockchain 2.0 era, enabling blockchain technology to support digital currency transactions and complex distributed applications. However, many smart contracts have…

Cryptography and Security · Computer Science 2026-01-16 Hongli Peng , Xiaoqi Li , Wenkai Li

Smart contracts are frequently vulnerable to control-flow attacks based on confused deputies, reentrancy, and incorrect error handling. These attacks exploit the complexity of interactions among multiple possibly unknown contracts. Existing…

Cryptography and Security · Computer Science 2025-04-24 Siqiu Yao , Haobin Ni , Stephanie Ma , Noah Schiff , Andrew C. Myers , Ethan Cecchetti

Smart contract technology facilitates self-executing agreements on the blockchain, eliminating dependency on an external trusted authority. However, smart contracts may expose vulnerabilities that can lead to financial losses and…

Cryptography and Security · Computer Science 2026-01-14 Emre Balci , Timucin Aydede , Gorkem Yilmaz , Ece Gelal Soyak

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

Ethereum Smart contracts use blockchain to transfer values among peers on networks without central agency. These programs are deployed on decentralized applications running on top of the blockchain consensus protocol to enable people to…

Cryptography and Security · Computer Science 2021-05-10 Noama Fatima Samreen , Manar H. Alalfi