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Solidity smart contracts are programs that manage up to 2^160 users on a blockchain. Verifying a smart contract relative to all users is intractable due to state explosion. Existing solutions either restrict the number of users to…

Software Engineering · Computer Science 2021-09-02 Scott Wesley , Maria Christakis , Jorge A. Navas , Richard Trefler , Valentin Wüstholz , Arie Gurfinkel

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

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

The rise of modern blockchains has facilitated the emergence of smart contracts: autonomous programs that live and run on the blockchain. Smart contracts have seen a rapid climb to prominence, with applications predicted in law, business,…

Programming Languages · Computer Science 2018-09-12 Lexi Brent , Anton Jurisevic , Michael Kong , Eric Liu , Francois Gauthier , Vincent Gramoli , Ralph Holz , Bernhard Scholz

Poorly designed smart contracts are particularly vulnerable, as they may allow attackers to exploit weaknesses and steal the virtual currency they manage. In this study, we train a model using unsupervised learning to identify…

Cryptography and Security · Computer Science 2025-04-15 Hong-Sheng Huang , Jen-Yi Ho , Hao-Wen Chen , Hung-Min Sun

BitML is a process calculus to express smart contracts that can be run on Bitcoin. One of its current limitations is that, once a contract has been stipulated, the participants cannot renegotiate its terms: this prevents expressing common…

Cryptography and Security · Computer Science 2020-04-23 Massimo Bartoletti , Maurizio Murgia , Roberto Zunino

Smart contracts are self-executing programs that manage financial transactions on blockchain networks. Developers commonly rely on third-party code libraries to improve both efficiency and security. However, improper use of these libraries…

Software Engineering · Computer Science 2026-04-02 Yishun Wang , Wenkai Li , Xiaoqi Li , Zongwei Li , Lei Xie , Yuqing Zhang

Smart contracts on the blockchain offer decentralized financial services but often lack robust security measures, leading to significant economic losses. While substantial research has focused on identifying vulnerabilities in smart…

Cryptography and Security · Computer Science 2024-10-18 Youwei Huang , Sen Fang , Jianwen Li , Bin Hu , Tao Zhang

There are different interpretations of the terms "tokens" and "token-based systems" in the literature around blockchain and digital currencies although the distinction between token-based and account-based systems is well entrenched in…

Theoretical Economics · Economics 2021-09-21 Aldar C-F. Chan

Smart contracts are applications that execute on blockchains. Today they manage billions of dollars in value and motivate visionary plans for pervasive blockchain deployment. While smart contracts inherit the availability and other security…

Cryptography and Security · Computer Science 2019-08-28 Raymond Cheng , Fan Zhang , Jernej Kos , Warren He , Nicholas Hynes , Noah Johnson , Ari Juels , Andrew Miller , Dawn Song

Ephemeral Diffie-Hellman Over COSE (EDHOC) aims at being a very compact and lightweight authenticated Diffie-Hellman key exchange with ephemeral keys. It is expected to provide mutual authentication, forward secrecy, and identity…

Cryptography and Security · Computer Science 2022-09-12 Baptiste Cottier , David Pointcheval

As smart contracts are growing in size and complexity, it becomes harder and harder to ensure their correctness and security. Due to the lack of isolation mechanisms a single mistake or vulnerability in the code can bring the whole system…

Software Engineering · Computer Science 2020-01-14 Mikhail Mandrykin , Jake O'Shannessy , Jacob Payne , Ilya Shchepetkov

We describe the Lockchain Protocol, a lightweight Bitcoin meta-protocol that enables highly efficient transaction discovery at zero marginal block space cost, and data verification without introducing any new on-chain storage mechanism. The…

Cryptography and Security · Computer Science 2025-12-22 Nikodem Tomczak

We prove Bitcoin is secure under temporary dishonest majority. We assume the adversary can corrupt a specific fraction of parties and also introduce crash failures, i.e., some honest participants are offline during the execution of the…

Cryptography and Security · Computer Science 2019-08-02 Georgia Avarikioti , Lukas Kaeppeli , Yuyi Wang , Roger Wattenhofer

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

Smart contracts are computer programs that can be consistently executed by a network of mutually distrusting nodes, without the arbitration of a trusted authority. Because of their resilience to tampering, smart contracts are appealing in…

Cryptography and Security · Computer Science 2018-06-21 Massimo Bartoletti , Livio Pompianu

This paper presents a mathematically rigorous formal analysis of Simplified Payment Verification (SPV) clients, as specified in Section 8 of the original Bitcoin white paper, versus non-mining full nodes operated by home users. It defines…

Cryptography and Security · Computer Science 2025-06-03 Craig Steven Wright

Ethereum smart contracts are distributed programs running on top of the Ethereum blockchain. Since program flaws can cause significant monetary losses and can hardly be fixed due to the immutable nature of the blockchain, there is a strong…

Cryptography and Security · Computer Science 2021-01-15 Clara Schneidewind , Markus Scherer , Matteo Maffei

The importance of information security dramatically increased and will further grow due to the shape and nature of the modern computing industry. Software is published at a continuously increasing pace. The Internet of Things and security…

Cryptography and Security · Computer Science 2022-05-10 Mattia Paccamiccio , Leonardo Mostarda

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
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