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Smart contracting protocols promise to regulate the transfer of cryptocurrency amongst participants in a trustless manner. A safe smart contract implementation should ensure that each participant can always append a contract transaction to…

Cryptography and Security · Computer Science 2020-07-16 James Chiang

With the advent of blockchain technologies, the idea of decentralized applications has gained traction. Smart contracts permit the implementation of application logic to foster distributed systems that are capable of removing…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-02-12 Martin Westerkamp

We argue that there is a hierarchy of levels describing to that particular level relevant features of reality behind the content and behavior of blockchain and smart contracts in their realistic deployment. Choice, design, audit and legal…

Computers and Society · Computer Science 2021-07-30 Zoran Škoda

Smart contracts are applications that execute on blockchains. Today they manage billions of dollars in value and motivate visionary plans for pervasive blockchain deployment. While smart contracts inherit the availability and other security…

Cryptography and Security · Computer Science 2019-08-28 Raymond Cheng , Fan Zhang , Jernej Kos , Warren He , Nicholas Hynes , Noah Johnson , Ari Juels , Andrew Miller , Dawn Song

Smart contracts are an attractive target for attackers, as evidenced by a long history of security incidents. A current limitation of smart contract verification tools is that they are not really effective in expressing and verifying…

Cryptography and Security · Computer Science 2025-11-18 Massimo Bartoletti , Angelo Ferrando , Enrico Lipparini , Vadim Malvone

Most modern electronic devices can produce a random number. However, it is difficult to see how a group of mutually distrusting entities can have confidence in any such hardware-produced stream of random numbers, since the producer could…

Cryptography and Security · Computer Science 2019-06-27 Peter Mell , John Kelsey , James Shook

Smart contracts are autonomous software executing predefined conditions. Two of the biggest advantages of the smart contracts are secured protocols and transaction costs reduction. On the Ethereum platform, an open-source blockchain-based…

Computational Engineering, Finance, and Science · Computer Science 2019-05-27 Jeremy Charlier , Radu Statem , Jean Hilger

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

This work assesses the impact of blockchain and smart contract on the visibility of construction supply chain and in the context of payments (intersection of cash and product flows). It uses comparative empirical experiments (Charrette Test…

Cryptography and Security · Computer Science 2021-04-16 Hesam Hamledari , Martin Fischer

Implementing smart contracts to automate the performance of high-value over-the-counter (OTC) financial derivatives is a formidable challenge. Due to the regulatory framework and the scale of financial risk if a contract were to go wrong,…

Software Engineering · Computer Science 2018-05-31 Christopher D. Clack , Gabriel Vanca

Smart contracts have recently been adopted by many security protocols. However, existing studies lack satisfactory theoretical support on how contracts benefit security protocols. This paper aims to give a systematic analysis of smart…

Cryptography and Security · Computer Science 2022-04-21 Rujia Li , Qin Wang , Qi Wang , David Galindo

We identify a subtle security issue that impacts the design of smart contracts, because agents may themselves deploy smart contracts (side contracts). Typically, equilibria of games are analyzed in vitro, under the assumption that players…

Computer Science and Game Theory · Computer Science 2023-05-05 Daji Landis , Nikolaj I. Schwartzbach

In the realm of smart contract security, transaction malice detection has been able to leverage properties of transaction traces to identify hacks with high accuracy. However, these methods cannot be applied in real-time to revert malicious…

Logic in Computer Science · Computer Science 2024-08-28 Zhiyang Chen , Jan Gorzny , Martin Derka

Smart contract (SC) platforms form blocks of transactions into a chain and execute them via user-defined smart contracts. In conventional platforms like Bitcoin and Ethereum, the transactions within a block are executed \emph{sequentially}…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-04-10 Quan Nguyen , Andre Cronje , Michael Kong

Smart contracts on the blockchain offer decentralized financial services but often lack robust security measures, leading to significant economic losses. While substantial research has focused on identifying vulnerabilities in smart…

Cryptography and Security · Computer Science 2024-10-18 Youwei Huang , Sen Fang , Jianwen Li , Bin Hu , Tao Zhang

Executing smart contracts is a compute and storage-intensive task, which currently dominates modern blockchain's performance. Given that computers are becoming increasingly multicore, concurrency is an attractive approach to improve…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-04-14 Yaron Hay , Roy Friedman

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

A key component of blockchain technology is the ledger, viz., a database that, unlike standard databases, keeps in memory the complete history of past transactions as in a notarial archive for the benefit of any future test. In…

Cryptography and Security · Computer Science 2021-10-01 Paolo Bottoni , Anna Labella , Remo Pareschi

Solidity smart contracts are programs that manage up to 2^160 users on a blockchain. Verifying a smart contract relative to all users is intractable due to state explosion. Existing solutions either restrict the number of users to…

Software Engineering · Computer Science 2021-09-02 Scott Wesley , Maria Christakis , Jorge A. Navas , Richard Trefler , Valentin Wüstholz , Arie Gurfinkel

Monitoring the compliance of contract performance against legal obligations is important in order to detect violations, ideally, as soon as they occur. Such monitoring can nowadays be achieved through the use of smart contracts, which…

Software Engineering · Computer Science 2025-09-16 Regan Meloche , Durga Sivakumar , Amal A. Anda , Sofana Alfuhaid , Daniel Amyot , Luigi Logrippo , John Mylopoulos