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Smart Contracts and transactions allow users to implement elaborate constructions on cryptocurrency blockchains like Bitcoin and Ethereum. Many of these constructions, including operational payment channels and atomic swaps, use a building…

密码学与安全 · 计算机科学 2021-03-26 Itay Tsabary , Matan Yechieli , Alex Manuskin , Ittay Eyal

A core enabler for blockchain or DLT interoperability is the ability to atomically exchange assets held by mutually untrusting owners on different ledgers. This atomic swap problem has been well-studied, with the Hash Time Locked Contract…

密码学与安全 · 计算机科学 2022-09-13 Krishnasuri Narayanam , Venkatraman Ramakrishna , Dhinakaran Vinayagamurthy , Sandeep Nishad

To achieve interoperability between unconnected ledgers, hash time lock contracts (HTLCs) are commonly used for cross-chain asset exchange. The solution tolerates transaction failure, and can "make the best out of worst'' by allowing…

计算机科学与博弈论 · 计算机科学 2021-12-14 Jiahua Xu , Damien Ackerer , Alevtina Dubovitskaya

Hashed Timelock (HTLC)-based atomic swap protocols enable the exchange of coins between two or more parties without relying on a trusted entity. This protocol is like the American call option without premium. It allows the finalization of a…

密码学与安全 · 计算机科学 2022-11-30 Subhra Mazumdar

We analyze bribing attacks in Proof-of-Stake distributed ledgers from a game theoretic perspective. In bribing attacks, an adversary offers participants a reward in exchange for instructing them how to behave, with the goal of attacking the…

计算机科学与博弈论 · 计算机科学 2024-06-21 Dimitris Karakostas , Aggelos Kiayias , Thomas Zacharias

Hashed Timelock Contract (HTLC) in Lightning Network is susceptible to a griefing attack. An attacker can block several channels and stall payments by mounting this attack. A state-of-the-art countermeasure, Hashed Timelock Contract with…

密码学与安全 · 计算机科学 2022-12-21 Subhra Mazumdar , Prabal Banerjee , Abhinandan Sinha , Sushmita Ruj , Bimal Roy

Bitcoin uses blockchain technology to maintain transactions order and provides probabilistic guarantee to prevent double-spending, assuming that an attacker's computational power does not exceed %50 of the network power. In this paper, we…

密码学与安全 · 计算机科学 2024-11-19 Ghader Ebrahimpour , Mohammad Sayad Haghighi

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…

密码学与安全 · 计算机科学 2026-04-14 Marwa Mouallem , Lorenz Breidenbach , Ittay Eyal , Ari Juels

The Lightning Network is a scaling solution for Bitcoin that promises to enable rapid and private payment processing. In Lightning, multi-hop payments are secured by utilizing Hashed Time-Locked Contracts (HTLCs) and encrypted on the…

网络与互联网体系结构 · 计算机科学 2020-06-23 Elias Rohrer , Florian Tschorsch

In this work, we reexamine the vulnerability of Payment Channel Networks (PCNs) to bribing attacks, where an adversary incentivizes blockchain miners to deliberately ignore a specific transaction to undermine the punishment mechanism of…

密码学与安全 · 计算机科学 2024-07-18 Zeta Avarikioti , Paweł Kędzior , Tomasz Lizurej , Tomasz Michalak

The long-term success of cryptocurrencies largely depends on the incentive compatibility provided to the validators. Bribery attacks, facilitated trustlessly via smart contracts, threaten this foundation. This work introduces, implements,…

密码学与安全 · 计算机科学 2026-01-14 Bence Soóki-Tóth , István András Seres , Kamilla Kara , Ábel Nagy , Balázs Pejó , Gergely Biczók

A *sore loser attack* in cross-blockchain commerce rises when one party decides to halt participation partway through, leaving other parties' assets locked up for a long duration. Although vulnerability to sore loser attacks cannot be…

密码学与安全 · 计算机科学 2021-05-31 Yingjie Xue , Maurice Herlihy

Harvest-now, decrypt-later (HN-DL) attacks threaten today's encrypted communications by archiving ciphertext until a quantum computer can break the underlying key exchange. This paper reframes HN-DL as an economic problem, quantifying…

We identify a subtle security issue that impacts the design of smart contracts, because agents may themselves deploy smart contracts (side contracts). Typically, equilibria of games are analyzed in vitro, under the assumption that players…

计算机科学与博弈论 · 计算机科学 2023-05-05 Daji Landis , Nikolaj I. Schwartzbach

Improving transaction throughput is one of the main challenges in decentralized payment systems. Attempts to improve transaction throughput in cryptocurrencies are usually a trade-off between throughput and security or introduce a central…

分布式、并行与集群计算 · 计算机科学 2019-10-16 Rowel Gündlach , Jaap-Henk Hoepman , Remco van der Hofstad , Tommy Koens , Stijn Meijer

We propose a new, more potent attack on decentralized exchanges. This attack leverages absolute commitments, which are commitments that can condition on the strategies made by other agents. This attack allows an adversary to charge monopoly…

计算机科学与博弈论 · 计算机科学 2024-10-18 Daji Landis , Nikolaj I. Schwartzbach

Blockchain protocols incentivize participation through monetary rewards, assuming rational actors behave honestly to maximize their gains. However, attackers may attempt to harm others even at personal cost. These denial of profit attacks…

计算机科学与博弈论 · 计算机科学 2025-06-02 Arian Baloochestani , Leander Jehl

Similar to a strategic interaction between rational and intelligent agents, cryptography problems can be examined through the prism of game theory. In this setting, the agent aiming to protect a message is called the defender, while the one…

密码学与安全 · 计算机科学 2026-04-28 Willie Kouam , Stefan Rass , Zahra Seyedi , Shahzad Ahmad , Eckhard Pfluegel

Bribery is a perilous issue in the real world, especially in an economical aspect. This fraudulence is unavoidable, and more importantly, it is more difficult to trace in case smart contracts are utilized for bribing on a distributed public…

密码学与安全 · 计算机科学 2023-06-16 Quang Tran , Lin Chen , Lei Xu , Yang Lu , Rabimba Karanjai , Weidong Shi

Blockchains rely on economic incentives to ensure secure and decentralised operation, making incentive compatibility a core design concern. However, protocols are rarely deployed in isolation. Applications interact with the underlying…

计算机科学与博弈论 · 计算机科学 2026-04-08 Zeta Avarikioti , Georg Fuchsbauer , Pim Keer , Matteo Maffei , Fabian Regen
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