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The rigorous security model of Bitcoin's UTXO architecture often comes at the cost of developer usability, forcing a reliance on manual stack manipulation that leads to critical financial vulnerabilities like signature malleability,…

Cryptography and Security · Computer Science 2026-01-06 Hyunhum Cho , Ik Rae Jeong

UTXO-based smart contract platforms face an efficiency bottleneck, in that any transaction sent to a contract must specify the entire updated contract state. This requirement becomes particularly burdensome when the contract state contains…

Cryptography and Security · Computer Science 2026-02-03 Massimo Bartoletti , Riccardo Marchesin , Roberto Zunino

The Ethereum blockchain platform supports the execution of decentralised applications or smart contracts. These typically hold and transfer digital currency to other parties on the platform; however, they have been subject to numerous…

Programming Languages · Computer Science 2019-04-16 Franklin Schrans , Daniel Hails , Alexander Harkness , Sophia Drossopoulou , Susan Eisenbach

Programming errors in Ethereum smart contracts can result in catastrophic financial losses from stolen cryptocurrency. While vulnerability detectors can prevent vulnerable contracts from being deployed, this does not mean that such…

Cryptography and Security · Computer Science 2021-09-03 Simon Joseph Aquilina , Fran Casino , Mark Vella , Joshua Ellul , Constantinos Patsakis

A smart contract is an interactive program that governs funds in the realm of a single cryptocurrency. Yet, the many existing cryptocurrencies have spurred the design of cross-chain applications that require interactions with multiple…

Cryptography and Security · Computer Science 2025-01-30 Federico Badaloni , Sebastian Holler , Chrysoula Oikonomou , Pedro Moreno-Sanchez , Clara Schneidewind

Blockchain platforms such as Ethereum and several others execute complex transactions in blocks through user-defined scripts known as smart contracts. To append a correct block into blockchain, miners execute these transactions of smart…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-01-15 Parwat Singh Anjana , Sweta Kumari , Sathya Peri , Sachin Rathor , Archit Somani

We implement two versions of a simple but illustrative smart contract: one in Solidity on the Ethereum blockchain platform, and one in Plutus on the Cardano platform, with annotated code excerpts and with source code attached. We get a…

Logic in Computer Science · Computer Science 2021-02-03 Lars Brunjes , Murdoch J. Gabbay

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

This research critically analyses blockchain scaling solutions based on their ability to realistically balance the properties of the blockchain trilemma. We have concluded this research by outlining a gap in the current body of literature…

Cryptography and Security · Computer Science 2022-02-02 Frazer Chard , Cayo Fletcher-Smith

With the development of Ethereum, numerous blockchains compatible with Ethereum's execution environment (i.e., Ethereum Virtual Machine, EVM) have emerged. Developers can leverage smart contracts to run various complex decentralized…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-09-24 Chaoyue Yin , Mingzhe Li , Jin Zhang , You Lin , Qingsong Wei , Siow Mong Rick Goh

As blockchain technology continues to evolve and mature, smart contracts have become a key driving force behind the digitization and automation of transactions. Smart contracts greatly simplify and refine the traditional business…

Software Engineering · Computer Science 2025-06-17 Lantian Li , Yejian Liang , Zhongxing Yu

Modern cryptocurrency systems, such as Ethereum, permit complex financial transactions through scripts called smart contracts. These smart contracts are executed many, many times, always without real concurrency. First, all smart contracts…

Distributed, Parallel, and Cluster Computing · Computer Science 2017-02-16 Thomas Dickerson , Paul Gazzillo , Maurice Herlihy , Eric Koskinen

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

The widespread lack of broad source code verification on blockchain explorers such as Etherscan, where despite 78,047,845 smart contracts deployed on Ethereum (as of May 26, 2025), a mere 767,520 (< 1%) are open source, presents a severe…

Cryptography and Security · Computer Science 2025-06-25 Isaac David , Liyi Zhou , Dawn Song , Arthur Gervais , Kaihua Qin

The adoption of blockchain-based distributed computation platforms is growing fast. Some of these platforms, such as Ethereum, provide support for implementing smart contracts, which are envisioned to have novel applications in a broad…

Cryptography and Security · Computer Science 2017-11-28 Anastasia Mavridou , Aron Laszka

This paper introduces a Machine Learning (ML) approach for scalability of UTXO-based blockchains, such as Bitcoin. Prior approaches to UTXO set sharding struggle with distributing UTXOs effectively across validators, creating substantial…

Machine Learning · Computer Science 2025-06-03 Hamid Attar , Luigi Lunardon , Alessio Pagani

Hackers may create malicious solidity programs and deploy it in the Ethereum block chain. These malicious smart contracts try to attack legitimate programs by exploiting its vulnerabilities such as reentrancy, tx.origin attack, bad…

Cryptography and Security · Computer Science 2025-12-10 Roopak Surendran

Scilla is a higher-order polymorphic typed intermediate level language for implementing smart contracts. In this talk, we describe a Scilla compiler targeting LLVM, with a focus on mapping Scilla types, values, and its functional language…

Programming Languages · Computer Science 2020-08-14 Vaivaswatha Nagaraj , Jacob Johannsen , Anton Trunov , George Pîrlea , Amrit Kumar , Ilya Sergey

Smart contracts are crucial elements of decentralized technologies, but they face significant obstacles to trustworthiness due to security bugs and trapdoors. To address the core issue, we propose a technology that enables programmers to…

Cryptography and Security · Computer Science 2023-04-19 Nikolaj Bjørner , Shuo Chen , Yang Chen , Zhongxin Guo , Peng Liu , Nanqing Luo

Turing-completeness of smart contract languages in blockchain systems is often associated with a variety of language features (such as loops). In opposite, we show that Turing-completeness of a blockchain system can be achieved through…

Cryptography and Security · Computer Science 2018-06-27 Alexander Chepurnoy , Vasily Kharin , Dmitry Meshkov
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