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Ethereum's scalability has been a major concern due to its limited transaction throughput and high fees. To address these limitations, Polygon has emerged as a sidechain solution that facilitates asset transfers between Ethereum and…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-04-23 Tao Yan , Chuanshan Huang , Claudio J. Tessone

Price manipulation attack is one of the notorious threats in decentralized finance (DeFi) applications, which allows attackers to exchange tokens at an extensively deviated price from the market. Existing efforts usually rely on reactive…

Cryptography and Security · Computer Science 2025-02-07 Bosi Zhang , Ningyu He , Xiaohui Hu , Kai Ma , Haoyu Wang

Decentralized Exchanges (DEXs) are new types of marketplaces leveraging Blockchain technology. They allow users to trade assets with Automatic Market Makers (AMM), using funds provided by liquidity providers, removing the need for order…

Computer Science and Game Theory · Computer Science 2023-02-08 Yogev Bar-On , Yishay Mansour

The rapid growth of Decentralized Finance (DeFi) boosts the Ethereum ecosystem. At the same time, attacks towards DeFi applications (apps) are increasing. However, to the best of our knowledge, existing smart contract vulnerability…

Cryptography and Security · Computer Science 2021-05-03 Siwei Wu , Dabao Wang , Jianting He , Yajin Zhou , Lei Wu , Xingliang Yuan , Qinming He , Kui Ren

In recent years, Ethereum gained tremendously in popularity, growing from a daily transaction average of 10K in January 2016 to an average of 500K in January 2020. Similarly, smart contracts began to carry more value, making them appealing…

Cryptography and Security · Computer Science 2021-01-18 Christof Ferreira Torres , Antonio Ken Iannillo , Arthur Gervais , Radu State

In recent years, a more advanced form of phishing has arisen on Ethereum, surpassing early-stage, simple transaction phishing. This new form, which we refer to as payload-based transaction phishing (PTXPHISH), manipulates smart contract…

Cryptography and Security · Computer Science 2024-11-19 Zhuo Chen , Yufeng Hu , Bowen He , Dong Luo , Lei Wu , Yajin Zhou

Sharding is a prominent technique for scaling blockchains. By dividing the network into smaller components known as shards, a sharded blockchain can process transactions in parallel without introducing inconsistencies through the…

Cryptography and Security · Computer Science 2023-09-12 Jianting Zhang , Wuhui Chen , Sifu Luo , Tiantian Gong , Zicong Hong , Aniket Kate

Blockchain systems often rely on rationality assumptions for their security, expecting that nodes are motivated to maximize their profits. These systems thus design their protocols to incentivize nodes to execute the honest protocol but…

Computer Science and Game Theory · Computer Science 2023-05-02 Haoqian Zhang , Mahsa Bastankhah , Louis-Henri Merino , Vero Estrada-Galiñanes , Bryan Ford

Due to its security, transparency, and flexibility in verifying virtual assets, blockchain has been identified as one of the key technologies for Metaverse. Unfortunately, blockchain-based Metaverse faces serious challenges such as massive…

Cryptography and Security · Computer Science 2023-05-02 Cong T. Nguyen , Dinh Thai Hoang , Diep N. Nguyen , Yong Xiao , Dusit Niyato , Eryk Dutkiewicz

We performed the first systematic study of a new attack on Ethereum that steals cryptocurrencies. The attack is due to the unprotected JSON-RPC endpoints existed in Ethereum nodes that could be exploited by attackers to transfer the Ether…

Cryptography and Security · Computer Science 2019-07-31 Zhen Cheng , Xinrui Hou , Runhuai Li , Yajin Zhou , Xiapu Luo , Jinku Li , Kui Ren

Blockchain systems are designed, built and operated in the presence of failures. There are two dominant failure models, namely crash fault and Byzantine fault. Byzantine fault tolerance (BFT) protocols offer stronger security guarantees,…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-08-04 Mingyuan Gao , Hung Dang , Ee-Chien Chang , Jialin Li

Smart contracts in Decentralized Finance (DeFi) platforms are attractive targets for attacks as their vulnerabilities can lead to massive amounts of financial losses. Flash loan attacks, in particular, pose a major threat to DeFi protocols…

Cryptography and Security · Computer Science 2025-03-05 Abdulrahman Alhaidari , Balaji Palanisamy , Prashant Krishnamurthy

Permissionless Proof-of-Stake (PoS) economic security is predicated on the high cost of violating consensus safety or liveness. We show that liquid staking introduces additional risks that are not captured by standard PoS economic security…

Computer Science and Game Theory · Computer Science 2026-05-05 Sen Yang , Aviv Yaish , Arthur Gervais , Fan Zhang

Traditional blockchains grant the miner of a block full control not only over which transactions but also their order. This constitutes a major flaw discovered with the introduction of decentralized finance and allows miners to perform MEV…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-11-07 Orestis Alpos , Ignacio Amores-Sesar , Christian Cachin , Michelle Yeo

We quantify the threat of network adversaries to inducing \emph{network overload} through \emph{routing attacks}, where a subset of network nodes are hijacked by an adversary. We develop routing attacks on the hijacked nodes for two…

Networking and Internet Architecture · Computer Science 2024-11-07 Xinyu Wu , Eytan Modiano

In this paper, we explore vulnerabilities and countermeasures of the recently proposed blockchain consensus based on proof-of-authority. The proof-of-work blockchains, like Bitcoin and Ethereum, have been shown both theoretically and…

Cryptography and Security · Computer Science 2019-09-26 Parinya Ekparinya , Vincent Gramoli , Guillaume Jourjon

Smart contracts are stateful programs deployed on blockchains; they secure over a trillion dollars in transaction value per year. High-stakes smart contracts often rely on timely alerts about external events, but prior work has not analyzed…

Cryptography and Security · Computer Science 2026-04-14 Marwa Mouallem , Lorenz Breidenbach , Ittay Eyal , Ari Juels

Mechanisms for decentralized finance on blockchains suffer from various problems, including suboptimal price execution for users, latency, and a worse user experience compared to their centralized counterparts. Recently, off-chain…

Computer Science and Game Theory · Computer Science 2024-03-07 Tarun Chitra , Kshitij Kulkarni , Mallesh Pai , Theo Diamandis

Signed social networks are widely used to model the trust relationships among online users in security-sensitive systems such as cryptocurrency trading platforms, where trust prediction plays a critical role. In this paper, we investigate…

Cryptography and Security · Computer Science 2023-07-18 Yulin Zhu , Tomasz Michalak , Xiapu Luo , Xiaoge Zhang , Kai Zhou

Billions of dollars have been lost due to vulnerabilities in smart contracts. To counteract this, researchers have proposed attack frontrunning protections designed to preempt malicious transactions by inserting "whitehat" transactions…

Cryptography and Security · Computer Science 2024-09-11 Chaofan Shou , Yuanyu Ke , Yupeng Yang , Qi Su , Or Dadosh , Assaf Eli , David Benchimol , Doudou Lu , Daniel Tong , Dex Chen , Zoey Tan , Jacob Chia , Koushik Sen , Wenke Lee
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