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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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Journal ArticleDOI

Decentralized Applications: The Blockchain-Empowered Software System

TL;DR: The development of blockchain systems are traced to reveal the importance of decentralized applications (dApps), the future value of blockchain and the direction of blockchain development to fulfill the desirable characteristics of dApps.
Proceedings ArticleDOI

Detecting Ponzi Schemes on Ethereum: Towards Healthier Blockchain Technology

TL;DR: By verifying smart contracts on Ethereum, this paper first extracts features from user accounts and operation codes of the smart contracts and then builds a classification model to detect latent Ponzi schemes implemented as smart contracts, and shows that the proposed approach can achieve high accuracy for practical use.
Book ChapterDOI

Defining the Ethereum Virtual Machine for Interactive Theorem Provers

Yoichi Hirai
TL;DR: This work defined EVM in Lem, a language that can be compiled for a few interactive theorem provers, which is the first formal EVM definition for smart contract verification that implements all instructions.
Journal ArticleDOI

Blockchain-Enabled Data Collection and Sharing for Industrial IoT With Deep Reinforcement Learning

TL;DR: A blockchain-enabled efficient data collection and secure sharing scheme combining Ethereum blockchain and deep reinforcement learning (DRL) to create a reliable and safe environment that can provide higher security level and stronger resistance to attack than a traditional database based data sharing scheme.
Proceedings ArticleDOI

Smart contracts: security patterns in the ethereum ecosystem and solidity

TL;DR: Several common security patterns are elaborated, which can be applied by Solidity developers to mitigate typical attack scenarios and describe solutions to typical security issues.
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.