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The growing adoption of smart contracts on blockchains poses new security risks that can lead to significant monetary loss, while existing approaches either provide no (or partial) security guarantees for smart contracts or require huge…

Programming Languages · Computer Science 2021-03-04 Shaokai Lin , Xinyuan Sun , Jianan Yao , Ronghui Gu

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

A smart contract is a digital program of transaction protocol (rules of contract) based on the consensus architecture of blockchain. Smart contracts with Blockchain are modern technologies that have gained enormous attention in scientific…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-02-17 Norah M. Alshahrani , M. L. Mat Kiah , B. B. Zaidan , A. H. Alamoodi , Abdu Saif

Blockchains are being positioned as the "technology of trust" that can be used to mediate transactions between non-trusting parties without the need for a central authority. They support transaction types that are native to the blockchain…

Cryptography and Security · Computer Science 2024-11-06 Nodirbek Korchiev , Akash Pateria , Vodelina Samatova , Sogolsadat Mansouri , Kemafor Anyanwu

Formal verification entails testing software to ensure it operates as specified. Smart contracts are self-executing contracts with the terms of the agreement directly written into lines of code. They run on blockchain platforms and…

Software Engineering · Computer Science 2025-10-22 Rene Davila , Everardo Barcenas , Rocio Aldeco-Perez

Blockchain technology (BT) Ethereum Smart Contracts allows programmable transactions that involve the transfer of monetary assets among peers on a BT network independent of a central authorizing agency. Ethereum Smart Contracts are programs…

Cryptography and Security · Computer Science 2021-05-21 Noama Fatima Samreen , Manar H. Alalfi

Blockchain-based distributed computing platforms enable the trusted execution of computation - defined in the form of smart contracts - without trusted agents. Smart contracts are envisioned to have a variety of applications, ranging from…

Cryptography and Security · Computer Science 2018-02-28 Anastasia Mavridou , Aron Laszka

Modern blockchain systems support creation of smart contracts -- stateful programs hosted and executed on a blockchain. Smart contracts hold and transfer significant amounts of digital currency which makes them an attractive target for…

Software Engineering · Computer Science 2019-06-10 Dmitrii Suvorov , Vladimir Ulyantsev

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 systems and smart contracts provide ways to securely implement multi-party transactions without the use of trusted intermediaries, which currently underpin many commercial transactions. However, they do so by transferring trust…

Logic in Computer Science · Computer Science 2018-11-16 Ron van der Meyden

Blockchain technology has experienced rapid growth and has been widely adopted across various sectors, including healthcare, finance, and energy. However, blockchain platforms remain vulnerable to a broad range of cyberattacks, particularly…

Cryptography and Security · Computer Science 2025-12-15 Do Hai Son , Le Vu Hieu , Tran Viet Khoa , Yibeltal F. Alem , Hoang Trong Minh , Tran Thi Thuy Quynh , Nguyen Viet Ha , Nguyen Linh Trung

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

Smart contracts, integral to blockchain ecosystems, enable decentralized applications to execute predefined operations without intermediaries. Their ability to enforce trustless interactions has made them a core component of platforms such…

Cryptography and Security · Computer Science 2025-06-10 Mesut Ozdag

Smart contracts are programs that manage digital assets according to a certain protocol, expressing for instance the rules of an auction. Understanding the possible behaviors of a smart contract is difficult, which complicates development,…

Software Engineering · Computer Science 2018-07-23 Florentin Guth , Valentin Wüstholz , Maria Christakis , Peter Müller

When blockchain systems are said to be trustless, what this really means is that all the trust is put into software. Thus, there are strong incentives to ensure blockchain software is correct -- vulnerabilities here cost millions and break…

Software Engineering · Computer Science 2025-10-20 Jan Corazza , Ivan Gavran , Gabriela Moreira , Daniel Neider

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

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

Blockchain technology provides a tamper-proof mechanism to execute inter-organizational business processes involving mutually untrusted parties. Existing approaches to blockchain-based process execution are based on code generation. In…

Software Engineering · Computer Science 2019-06-05 Orlenys López-Pintado , Marlon Dumas , Luciano García-Bañuelos , Ingo Weber

Smart contract technology is reshaping conventional industry and business processes. Being embedded in blockchains, smart contracts enable the contractual terms of an agreement to be enforced automatically without the intervention of a…

Software Engineering · Computer Science 2019-12-24 Zibin Zheng , Shaoan Xie , Hong-Ning Dai , Weili Chen , Xiangping Chen , Jian Weng , Muhammad Imran

Many of the problems that arise in the context of blockchains and decentralized finance can be seen as variations on classical problems of distributed computing. The smart contract model proposed here is intended to capture both the…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-02-11 Yackolley Amoussou-Guenou , Maurice Herlihy , Sucharita Jayanti , Maria Potop-Butucaru , Sergio Rajsbaum