Algorithm for Analyzing the Ethereum Network Blockchain to Detect Illegal Activities

Abstract

This work is devoted to the research of the blockchain network, in particular, aimed at detecting illegal activity in the Ethereum network using forensic methods. The paper describes the concepts and basic vulnerabilities related to the Ethereum network and the integration of graph analysis to develop an algorithm that scrutinizes Ethereum's transaction structure for illegal activities, including money laundering. In addition, the study includes an analysis of the very structure of Ethereum and the blockchain, which allows insight into the identification and analysis of various aspects of their functioning. The research results are used for the software implementation of the study and improvement of the security level of the blockchain network, including the creation of advanced software solutions for network analysis and protection of the integrity of the blockchain ecosystem. This integrated methodology aims to protect the integrity of blockchain ecosystems.