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Book ChapterDOI

A Survey of Attacks on Ethereum Smart Contracts SoK

Nicola Atzei, +2 more
- Vol. 10204, pp 164-186
TLDR
This work analyses the security vulnerabilities of Ethereum smart contracts, providing a taxonomy of common programming pitfalls which may lead to vulnerabilities, and shows a series of attacks which exploit these vulnerabilities, allowing an adversary to steal money or cause other damage.
Abstract
Smart contracts are computer programs that can be correctly executed by a network of mutually distrusting nodes, without the need of an external trusted authority. Since smart contracts handle and transfer assets of considerable value, besides their correct execution it is also crucial that their implementation is secure against attacks which aim at stealing or tampering the assets. We study this problem in Ethereum, the most well-known and used framework for smart contracts so far. We analyse the security vulnerabilities of Ethereum smart contracts, providing a taxonomy of common programming pitfalls which may lead to vulnerabilities. We show a series of attacks which exploit these vulnerabilities, allowing an adversary to steal money or cause other damage.

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Citations
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Proceedings ArticleDOI

Blockchain: Its Applications And Challenges

TL;DR: In this article , the authors examine the numerous applications of blockchain and how it can improve management in the sectors the technology is being applied to, including healthcare, energy, insurance, supply chain management, cybersecurity and copyrights.
Posted Content

Formalizing and Verifying Decentralized Systems with Extended Concurrent Separation Logic

TL;DR: In this article, the authors propose a novel method of formalizing and verifying decentralized systems with a kind of extended concurrent separation logic, which enhances modularity and expressiveness, and demonstrate the effectiveness and versatility of their method by applying their logic to formalize and verify critical techniques in decentralized systems.
Book ChapterDOI

Using Automated Reasoning Techniques for Enhancing the Efficiency and Security of (Ethereum) Smart Contracts

TL;DR: The use of the Ethereum blockchain platform has experienced an enormous growth since its very first transaction back in 2015 and, along with it, the verification and optimization of the programs executed in the blockchain (known as Ethereum smart contracts ) have raised considerable interest within the research community as mentioned in this paper .
Proceedings ArticleDOI

Web 3.0 Decentralized Application Using Blockchain Technology

TL;DR: In this article , the authors discuss the importance of decentralization, security, user experience, scalability, interoperability, and governance in the development of a decentralized application (Dapp) and the design considerations involved in building a secure, scalable, and userfriendly application on a blockchain or distributed ledger technology.
Book ChapterDOI

Manual Audit for BitUnits Contracts

TL;DR: The implementation mechanism of smart contract model is introduced, 11 kinds of high frequency smart contract vulnerabilities are summarized, and the newly released BitUnits contract is selected for auditing to find out its security hole and give the solution.
References
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Book

Isabelle/HOL: A Proof Assistant for Higher-Order Logic

TL;DR: This presentation discusses Functional Programming in HOL, which aims to provide students with an understanding of the programming language through the lens of Haskell.

Ethereum: A Secure Decentralised Generalised Transaction Ledger

Gavin Wood
TL;DR: Ethereum as mentioned in this paper is a transactional singleton machine with shared state, which can be seen as a simple application on a decentralised, but singleton, compute resource, and it provides a plurality of resources, each with a distinct state and operating code but able to interact through a message-passing framework with others.
Journal ArticleDOI

Formalizing and Securing Relationships on Public Networks

Nick Szabo
- 01 Sep 1997 - 
TL;DR: Protocols with application in important contracting areas, including credit, content rights management, payment systems, and contracts with bearer are discussed.
Proceedings ArticleDOI

On the Security and Performance of Proof of Work Blockchains

TL;DR: This paper introduces a novel quantitative framework to analyse the security and performance implications of various consensus and network parameters of PoW blockchains and devise optimal adversarial strategies for double-spending and selfish mining while taking into account real world constraints.
Proceedings ArticleDOI

Making Smart Contracts Smarter

TL;DR: This paper investigates the security of running smart contracts based on Ethereum in an open distributed network like those of cryptocurrencies, and proposes ways to enhance the operational semantics of Ethereum to make contracts less vulnerable.
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Trending Questions (1)
Why ethereum is important?

The provided paper does not explicitly mention why Ethereum is important.