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Smart contract access control mechanisms can introduce centralization into supposedly decentralized ecosystems. In our view, such centralization is an overlooked risk of smart contracts that underlies well-known smart contract security…

Cryptography and Security · Computer Science 2023-12-12 Metin Lamby , Valentin Zieglmeier , Christian Ziegler

Ethereum smart contracts are public, immutable and distributed and, as such, they are prone to vulnerabilities sourcing from programming mistakes of developers. This paper presents SAFEVM, a verification tool for Ethereum smart contracts…

Programming Languages · Computer Science 2019-06-13 Elvira Albert , Jesús Correas , Pablo Gordillo , Guillermo Román-Díez , Albert Rubio

The usage of error handling in Solidity smart contracts is vital because smart contracts perform transactions that should be verified. Transactions that are not carefully handled, may lead to program crashes and vulnerabilities, implying…

The large-scale deployment of Solidity smart contracts on the Ethereum mainnet has increasingly attracted financially-motivated attackers in recent years. A few now-infamous attacks in Ethereum's history includes DAO attack in 2016 (50…

Cryptography and Security · Computer Science 2024-10-29 Md Tauseef Alam , Raju Halder , Abyayananda Maiti

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

When migrating smart contracts from one blockchain platform to another, there are potential security risks. This is because different blockchain platforms have different environments and characteristics for executing smart contracts. The…

Cryptography and Security · Computer Science 2024-07-30 Xueyan Tang , Lingzhi Shi

Smart contracts are self-enforcing agreements that are employed to exchange assets without the approval of trusted third parties. This feature has encouraged various sectors to make use of smart contracts when transacting. Experience shows…

Cryptography and Security · Computer Science 2021-03-18 Sabreen Ahmadjee , Carlos Mera-Gómez , Rami Bahsoon

The blockchain technology has been used for recording state transitions of smart contracts - decentralized applications that can be invoked through external transactions. Smart contracts gained popularity and accrued hundreds of billions of…

Cryptography and Security · Computer Science 2023-05-10 Nikolay Ivanov , Chenning Li , Qiben Yan , Zhiyuan Sun , Zhichao Cao , Xiapu Luo

Smart contracts are programs running on blockchain to execute transactions. When input constraints or security properties are violated at runtime, the transaction being executed by a smart contract needs to be reverted to avoid undesirable…

Cryptography and Security · Computer Science 2021-09-02 Lu Liu , Lili Wei , Wuqi Zhang , Ming Wen , Yepang Liu , Shing-Chi Cheung

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

Smart contract technology facilitates self-executing agreements on the blockchain, eliminating dependency on an external trusted authority. However, smart contracts may expose vulnerabilities that can lead to financial losses and…

Cryptography and Security · Computer Science 2026-01-14 Emre Balci , Timucin Aydede , Gorkem Yilmaz , Ece Gelal Soyak

Modern blockchain, such as Ethereum, supports the deployment and execution of so-called smart contracts, autonomous digital programs with significant value of cryptocurrency. Executing smart contracts requires gas costs paid by users, which…

Emerging Technologies · Computer Science 2024-06-25 Majd Soud , Waltteri Nuutinen , Grischa Liebel

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

In this paper, we explore remarkable similarities between multi-transactional behaviors of smart contracts in cryptocurrencies such as Ethereum and classical problems of shared-memory concurrency. We examine two real-world examples from the…

Distributed, Parallel, and Cluster Computing · Computer Science 2017-02-21 Ilya Sergey , Aquinas Hobor

With the increasing adoption of smart contracts, ensuring their security has become a critical concern. Numerous vulnerabilities and attacks have been identified and exploited, resulting in significant financial losses. In response,…

Cryptography and Security · Computer Science 2024-08-13 Zhiyuan Wei , Jing Sun , Zijian Zhang , Xianhao Zhang , Xiaoxuan Yang , Liehuang Zhu

Context: Smart contracts are computerized self-executing contracts that contain clauses, which are enforced once certain conditions are met. Smart contracts are immutable by design and cannot be modified once deployed, which ensures…

Software Engineering · Computer Science 2023-04-14 Ilham Qasse , Mohammad Hamdaqa , Björn Þór Jónsson

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

With the rapid development of blockchain technology, various blockchain systems are exhibiting vitality and potential. As a representative of Blockchain 3.0, the EOS blockchain has been regarded as a strong competitor to Ethereum.…

Cryptography and Security · Computer Science 2025-05-22 Haiyang Liu , Yingjie Mao , Xiaoqi Li

The rise of decentralized applications (dApps) has made smart contracts imperative components of blockchain technology. As many smart contracts process financial transactions, their security is paramount. Moreover, the immutability of…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-07-24 Khalid Hassan , Saeed Moradi , Shaiful Chowdhury , Sara Rouhani

Proliferation of IoT devices in society demands a renewed focus on securing the use and maintenance of such systems. IoT-based systems will have a great impact on society and therefore such systems must have guaranteed resilience. We…

Cryptography and Security · Computer Science 2020-07-07 John Wickström , Magnus Westerlund , Göran Pulkkis