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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 holds multiple billions of U.S. dollars in the form of Ether cryptocurrency and ERC-20 tokens, with millions of deployed smart contracts algorithmically operating these funds. Unsurprisingly, the security of Ethereum smart…

Cryptography and Security · Computer Science 2021-06-01 Nikolay Ivanov , Jianzhi Lou , Ting Chen , Jin Li , Qiben Yan

Modern blockchains support a variety of distributed applications beyond cryptocurrencies, including smart contracts -- which let users execute arbitrary code in a distributed and decentralized fashion. Regardless of their intended…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-01-15 Orestis Alpos , Christian Cachin , Giorgia Azzurra Marson , Luca Zanolini

Symbolic analysis of security exploits in smart contracts has demonstrated to be valuable for analyzing predefined vulnerability properties. While some symbolic tools perform complex analysis steps, they require a predetermined invocation…

Cryptography and Security · Computer Science 2019-06-10 Wesley Joon-Wie Tann , Xing Jie Han , Sourav Sen Gupta , Yew-Soon Ong

We use historical data to estimate the potential benefit of speculative techniques for executing Ethereum smart contracts in parallel. We replay transaction traces of sampled blocks from the Ethereum blockchain over time, using a simple…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-01-23 Vikram Saraph , Maurice Herlihy

Reentrancy is a well-known source of smart contract bugs on Ethereum, leading e.g. to double-spending vulnerabilities in DeFi applications. But less is known about this problem in other blockchains, which can have significantly different…

Cryptography and Security · Computer Science 2025-06-09 Roman Kashitsyn , Robin Künzler , Ognjen Marić , Lara Schmid

Blockchain technology, which has been known by mostly small technological circles up until recently, is bursting throughout the globe, with a potential economic and social impact that could fundamentally alter traditional financial and…

Social and Information Networks · Computer Science 2018-05-31 Shahar Somin , Goren Gordon , Yaniv Altshuler

Smart contracts on public blockchains now manage large amounts of value, and vulnerabilities in these systems can lead to substantial losses. As AI agents become more capable at reading, writing, and running code, it is natural to ask how…

The proxy design pattern allows Ethereum smart contracts to be simultaneously immutable and upgradeable, in which an original contract is split into a proxy contract containing the data storage and a logic contract containing the…

Cryptography and Security · Computer Science 2024-09-23 Cheng-Kang Chen , Wen-Yi Chu , Muoi Tran , Laurent Vanbever , Hsu-Chun Hsiao

Blockchain's economic value lies in enabling financial and economic transactions without relying on trusted, centralized intermediaries. In practice, however, transactions pass through a fragmented chain of intermediaries before being…

General Economics · Economics 2026-05-05 Andrea Canidio , Vabuk Pahari

To govern smart contracts running on Ethereum, multiple Ethereum Request for Comment (ERC) standards have been developed, each containing a set of rules to guide the behaviors of smart contracts. Violating the ERC rules could cause serious…

Cryptography and Security · Computer Science 2024-04-09 Shihao Xia , Shuai Shao , Mengting He , Tingting Yu , Linhai Song , Yiying Zhang

In the growing field of blockchain technology, smart contracts exist as transformative digital agreements that execute transactions autonomously in decentralised networks. However, these contracts face challenges in the form of security…

Cryptography and Security · Computer Science 2024-07-12 Christopher De Baets , Basem Suleiman , Armin Chitizadeh , Imran Razzak

Blockchains are maintained by a network of participants that run algorithms designed to maintain collectively a distributed machine tolerant to Byzantine attacks. From the point of view of users, blockchains provide the illusion of…

Logic in Computer Science · Computer Science 2022-07-15 Martán Ceresa , César Sánchez

Non-fungible tokens (NFTs) as a decentralized proof of ownership represent one of the main reasons why Ethereum is a disruptive technology. This paper presents the first systematic study of the interactions occurring in a number of NFT…

Social and Information Networks · Computer Science 2021-10-26 S. Casale-Brunet , P. Ribeca , P. Doyle , M. Mattavelli

In recent years, manifold blockchain protocols have been proposed by researchers and industrial companies alike. This has led to a very heterogeneous blockchain landscape. Accordingly, it would be desirable if blockchains could interact…

Cryptography and Security · Computer Science 2021-06-29 Markus Nissl , Emanuel Sallinger , Stefan Schulte , Michael Borkowski

The aim of this work is to study the use of decentralization and smart contracts on blockchain networks. We investigate the implementation and use of smart contracts on the platforms Bitcoin, Ethereum and Hyperledger Fabric. Additionally,…

Cryptography and Security · Computer Science 2019-03-13 Theodosis Mourouzis , Jayant Tandon

The smart contract-based markets for non-fungible tokens (NFTs) on the Ethereum blockchain have seen tremendous growth in 2021, with trading volumes peaking at 3.5b in September 2021. This dramatic surge has led to industry observers…

Cryptography and Security · Computer Science 2022-02-09 Victor von Wachter , Johannes Rude Jensen , Ferdinand Regner , Omri Ross

Despite technological advances, most smart objects in the Internet of Things (IoT) cannot be accessed using technologies designed and developed for interacting with powerful Internet servers. IoT use cases involve devices that not only have…

Cryptography and Security · Computer Science 2019-01-24 Nikos Fotiou , Vasilios A. Siris , George C. Polyzos

Smart contracts are computer programs that are executed by a network of mutually distrusting agents, without the need of an external trusted authority. Smart contracts handle and transfer assets of considerable value (in the form of…

Programming Languages · Computer Science 2018-06-19 Krishnendu Chatterjee , Amir Kafshdar Goharshady , Yaron Velner

The selfdestruct function is provided by Ethereum smart contracts to destroy a contract on the blockchain system. However, it is a double-edged sword for developers. On the one hand, using selfdestruct function enables developers to remove…

Software Engineering · Computer Science 2021-11-30 Jiachi Chen , Xin Xia , David Lo , John Grundy