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Smart contracts are small programs on the blockchain that often handle valuable assets. Vulnerabilities in smart contracts can be costly, as time has shown over and over again. Countermeasures are high in demand and include best practice…

Software Engineering · Computer Science 2023-05-03 Monika di Angelo , Gernot Salzer

In the area of blockchains, a wallet is anything that manages the access to cryptocurrencies and tokens. Off-chain wallets appear in different forms, from paper wallets to hardware wallets to dedicated wallet apps, while on-chain wallets…

Cryptography and Security · Computer Science 2021-04-06 Monika di Angelo , Gernot Salzer

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

Blockchain technology has set off a wave of decentralization in the world since its birth. The trust system constructed by blockchain technology based on cryptography algorithm and computing power provides a practical and powerful solution…

Computational Engineering, Finance, and Science · Computer Science 2025-05-08 Pengfei Gao , Dechao Kong , Xiaoqi Li

Smart contracts are Turing-complete programs running on the blockchain. They cannot be modified, even when bugs are detected. The Selfdestruct function is the only way to destroy a contract on the blockchain system and transfer all the…

Software Engineering · Computer Science 2020-10-07 Jiachi Chen

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

With the development of Web 3.0 which emphasizes decentralization, blockchain technology ushers in its revolution and also brings numerous challenges, particularly in the field of cryptocurrency. Recently, a large number of criminal…

Machine Learning · Computer Science 2024-04-02 Chengxiang Jin , Jiajun Zhou , Jie Jin , Jiajing Wu , Qi Xuan

The decentralization, redundancy, and pseudo-anonymity features have made permission-less public blockchain platforms attractive for adoption as technology platforms for cryptocurrencies. However, such adoption has enabled cybercriminals to…

Cryptography and Security · Computer Science 2021-08-27 Banwari Lal , Rachit Agarwal , Sandeep Kumar Shukla

Blockchain technology, a foundational distributed ledger system, enables secure and transparent multi-party transactions. Despite its advantages, blockchain networks are susceptible to anomalies and frauds, posing significant risks to their…

Cryptography and Security · Computer Science 2024-02-20 Joerg Osterrieder , Stephen Chan , Jeffrey Chu , Yuanyuan Zhang , Branka Hadji Misheva , Codruta Mare

In Ethereum, the practice of verifying the validity of the passed addresses is a common practice, which is a crucial step to ensure the secure execution of smart contracts. Vulnerabilities in the process of address verification can lead to…

Cryptography and Security · Computer Science 2024-06-03 Tianle Sun , Ningyu He , Jiang Xiao , Yinliang Yue , Xiapu Luo , Haoyu Wang

Many Ethereum smart contracts rely on block attributes such as block.timestamp or blockhash to generate random numbers for applications like lotteries and games. However, these values are predictable and miner-manipulable, creating the Bad…

Cryptography and Security · Computer Science 2026-01-16 Hadis Rezaei , Rahim Taheri , Francesco Palmieri

The Ethereum blockchain is essentially a globally replicated public database. Programs called smart contracts can access this database. Over 10 million smart contracts have been deployed on the Ethereum blockchain. Executing a method of a…

Software Engineering · Computer Science 2019-07-23 Pieter Hartel , Mark van Staalduinen

Since the inception of permissionless blockchains with Bitcoin in 2008, it became apparent that their most well-suited use case is related to making the financial system and its advantages available to everyone seamlessly without depending…

General Finance · Quantitative Finance 2023-06-16 Georgios Palaiokrassas , Sandro Scherrers , Iason Ofeidis , Leandros Tassiulas

With the popularity of blockchain technology, the financial security issues of blockchain transaction networks have become increasingly serious. Phishing scam detection methods will protect possible victims and build a healthier blockchain…

Machine Learning · Computer Science 2021-08-20 Dunjie Zhang , Jinyin Chen

As the most popular blockchain that supports smart contracts, there are already more than 296 thousand kinds of cryptocurrencies built on Ethereum. However, not all cryptocurrencies can be controlled by users. For example, some money is…

Cryptography and Security · Computer Science 2020-12-03 Xiaoqi Li , Ting Chen , Xiapu Luo , Chenxu Wang

With the frantic development of smart contracts on the Ethereum platform, its market value has also climbed. In 2016, people were shocked by the loss of nearly $50 million in cryptocurrencies from the DAO reentrancy attack. Due to the…

Software Engineering · Computer Science 2019-05-03 Xiaotao Feng , Qin Wang , Xiaogang Zhu , Sheng Wen

Smart contracts are Turing-complete programs running on the blockchain. They are immutable and cannot be modified, even when bugs are detected. Therefore, ensuring smart contracts are bug-free and well-designed before deploying them to the…

Software Engineering · Computer Science 2021-03-24 Jiachi Chen , Xin Xia , David Lo , John Grundy , Xiapu Luo , Ting Chen

While transactions with cryptocurrencies such as Ethereum are becoming more prevalent, fraud and other criminal transactions are not uncommon. Graph analysis algorithms and machine learning techniques detect suspicious transactions that…

Machine Learning · Computer Science 2022-07-05 Hiroki Kanezashi , Toyotaro Suzumura , Xin Liu , Takahiro Hirofuchi

Upgradeable smart contracts (USCs) have been widely adopted to enable modifying deployed smart contracts. While USCs bring great flexibility to developers, improper usage might introduce new security issues, potentially allowing attackers…

Cryptography and Security · Computer Science 2024-03-05 Xiaofan Li , Jin Yang , Jiaqi Chen , Yuzhe Tang , Xing Gao

With the increase of the adoption of blockchain technology in providing decentralized solutions to various problems, smart contracts have become more popular to the point that billions of US Dollars are currently exchanged every day through…

Cryptography and Security · Computer Science 2023-01-24 Feng Mi , Chen Zhao , Zhuoyi Wang , Sadaf MD Halim , Xiaodi Li , Zhouxiang Wu , Latifur Khan , Bhavani Thuraisingham