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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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Book ChapterDOI

Quantitative Analysis of Smart Contracts

TL;DR: A simplified programming language for smart contracts, an automatic translation of the programs to state-based games, an abstraction-refinement approach to solve such games, and experimental results on real-world-inspired smart contracts.
Book ChapterDOI

Formal Verification of Workflow Policies for Smart Contracts in Azure Blockchain

TL;DR: A new Solidity program verifier VeriSol is developed that is based on translation to Boogie and applied to analyze all application contracts shipped with the Azure Blockchain Workbench and found previously unknown bugs in these published smart contracts.
Proceedings ArticleDOI

Smart Contracts for Machine-to-Machine Communication: Possibilities and Limitations

TL;DR: In this article, the authors study the possibilities and limitations of using smart contracts for machine-to-machine communication by designing, implementing, and evaluating AGasP, an application for automated gasoline purchases.
Posted Content

Towards Safer Smart Contracts: A Sequence Learning Approach to Detecting Security Threats

TL;DR: This paper proposes the approach of sequential learning of smart contract weaknesses using machine learning---long-short term memory (LSTM)---that allows us to be able to detect new attack trends relatively quickly, leading to safer smart contracts.
Posted Content

MAD-HTLC: Because HTLC is Crazy-Cheap to Attack

TL;DR: This work distill from HTLC a specification (HTLCSpec), and presents an implementation called Mutual-Assured-Destruction Hashed Time-Locked Contract (MAD-HTLC), which satisfies HTLC-Spec with game-theoretic analysis and instantiate it on Bitcoin's operational blockchain.
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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Why ethereum is important?

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