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Related papers: Rectifying Administrated ERC20 Tokens

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In this work, we explore the class of Ethereum smart contracts called the administrated ERC20 tokens. We demonstrate that these contracts are more owner-controlled and less safe than the services they try to disrupt, such as banks and…

Cryptography and Security · Computer Science 2022-09-20 Nikolay Ivanov , Qiben Yan

Smart contracts are software programs featuring both traditional applications and distributed data storage on blockchains. Ethereum is a prominent blockchain platform with the support of smart contracts. The smart contracts act as…

Cryptography and Security · Computer Science 2020-09-18 Purathani Praitheeshan , Lei Pan , Jiangshan Yu , Joseph Liu , Robin Doss

ERC-20 is the most prominent Ethereum standard for fungible tokens. Tokens implementing the ERC-20 interface can interoperate with a large number of already deployed internet-based services and Ethereum-based smart contracts. In recent…

Cryptography and Security · Computer Science 2021-07-08 Reza Rahimian , Jeremy Clark

Smart contracts are self-executing programs that run on blockchains (e.g., Ethereum). 680 million US dollars worth of digital assets controlled by smart contracts have been hacked or stolen due to various security vulnerabilities in 2021.…

Cryptography and Security · Computer Science 2022-04-26 Tanusree Sharma , Zhixuan Zhou , Andrew Miller , Yang Wang

Ethereum is currently the second largest blockchain by market capitalization and a popular platform for cryptocurrencies. As it has grown, the high value present and the anonymity afforded by the technology have led Ethereum to become a…

Cryptography and Security · Computer Science 2025-01-22 Calvin Josenhans , Andrey Kuehlkamp , Jarek Nabrzyski

We propose and compare two approaches to identify smart contracts as token systems by analyzing their public bytecode. The first approach symbolically executes the code in order to detect token systems by their characteristic behavior of…

Cryptography and Security · Computer Science 2018-11-29 Michael Fröwis , Andreas Fuchs , Rainer Böhme

Ethereum smart contracts are highly powerful, immutable, and able to retain massive amounts of tokens. However, smart contracts keep attracting attackers to benefit from smart contract flaws and Ethereum unexpected behavior. Thus,…

Cryptography and Security · Computer Science 2024-04-10 Wejdene Haouari , Abdelhakim Senhaji Hafid , Marios Fokaefs

Ethereum smart contracts, which are autonomous decentralized applications on the blockchain that manage assets often exceeding millions of dollars, have become primary targets for cyberattacks. In 2023 alone, such vulnerabilities led to…

Cryptography and Security · Computer Science 2023-12-29 Christoph Sendner , Lukas Petzi , Jasper Stang , Alexandra Dmitrienko

Ethereum Smart Contracts based on Blockchain Technology (BT)enables monetary transactions among peers on a blockchain network independent of a central authorizing agency. Ethereum smart contracts are programs that are deployed as…

Cryptography and Security · Computer Science 2021-05-17 Noama Fatima Samreen , Manar H. Alalfi

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

Smart contracts are the building blocks of the "code is law" paradigm: the smart contract's code indisputably describes how its assets are to be managed - once it is created, its code is typically immutable. Faulty smart contracts present…

Software Engineering · Computer Science 2022-05-17 Pedro Antonino , Juliandson Ferreira , Augusto Sampaio , A. W. Roscoe

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

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

Ethereum is a permissionless blockchain ecosystem that supports execution of smart contracts, the key enablers of decentralized finance (DeFi) and non-fungible tokens (NFT). However, the expressiveness of Ethereum smart contracts is a…

Cryptography and Security · Computer Science 2023-01-24 Nikolay Ivanov , Qiben Yan , Anurag Kompalli

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

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

Smart contracts are programs running on cryptocurrency (e.g., Ethereum) blockchains, whose popularity stem from the possibility to perform financial transactions, such as payments and auctions, in a distributed environment without need for…

Cryptography and Security · Computer Science 2018-04-24 Ilya Grishchenko , Matteo Maffei , Clara Schneidewind

Smart contracts are increasingly used in critical use cases (e.g., financial transactions). Thus, it is pertinent to ensure that end-users understand the transfer risks in smart contracts. To address this, we investigate end-user…

Software Engineering · Computer Science 2025-01-20 Yustynn Panicker , Ezekiel Soremekun , Sudipta Chattopadhyay , Sumei Sun

Smart contract access control mechanisms can introduce centralization into supposedly decentralized ecosystems. In our view, such centralization is an overlooked risk of smart contracts that underlies well-known smart contract security…

Cryptography and Security · Computer Science 2023-12-12 Metin Lamby , Valentin Zieglmeier , Christian Ziegler

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
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