Farming is a major sector required for any nation to become self-sustainable. Quality seeds heavily influence the effectiveness of farming. Seeds cultivated by breeders pass through several entities in order to reach farmers. The existing seed supply chain is opaque and intractable, which not only hinders the growth of crops but also makes the life of a farmer miserable. Blockchain has been widely employed to enable fair and secure transactions between farmers and buyers, but concerns related to transparency and traceability in the seed supply chain, counterfeit seeds, middlemen involvement, and inefficient processes in the agricultural ecosystem have not received enough attention. To address these concerns, a blockchain-based solution is proposed that brings breeders, farmers, warehouse owners, transporters, and food corporations to a single platform to enhance transparency, traceability, and trust among trust-less parties. A smart contract updates the status of seeds from a breeder from submitted to approved. Then, a non-fungible token (NFT) corresponding to approved seeds is minted for the breeder, which records the date of cultivation and its owner (breeder). The NFT enables farmers to keep track of seeds right from the date of their cultivation and their owner, which helps them to make better decisions about picking seeds from the correct owner. Farmers directly interact with warehouses to purchase seeds, which removes the need for middlemen and improves the trust among trust-less entities. Furthermore, a tender for the transportation of seeds is auctioned on the basis of the priority location locp, Score, and bid_amount of every transporter, which provides a fair chance to every transporter to restrict the monopoly of a single transporter. The proposed system achieves immutability, decentralization, and efficiency inherently from the blockchain. We implemented the proposed scheme and deployed it on the Ethereum network. Smart contracts deployed over the Ethereum network interact with React-based web pages. The analysis and results of the proposed model indicate that it is viable and secure, as well as superior to the current seed supply chain system.
Proof-of-stake (PoS) has emerged as a natural alternative to the resource-intensive Proof-of-Work (PoW) blockchain, as was recently seen with the Ethereum Merge. PoS-based blockchains require an initial stake distribution among the participants. Typically, this initial stake distribution is called bootstrapping. This paper argues that existing bootstrapping protocols are prone to centralization. To address centralization due to bootstrapping, we propose a novel game $Γ_\textsf{bootstrap}$. Next, we define three conditions: (i) Individual Rationality (IR), (ii) Incentive Compatibility (IC), and (iii) $(τ,δ,ε)-$ Decentralization that an \emph{ideal} bootstrapping protocol must satisfy. $(τ,δ,ε)$ are certain parameters to quantify decentralization. Towards this, we propose a novel centralization metric, C-NORM, to measure centralization in a PoS System. We define a centralization game -- $Γ_\textsf{cent}$, to analyze the efficacy of centralization metrics. We show that C-NORM effectively captures centralization in the presence of strategic players capable of launching Sybil attacks. With C-NORM, we analyze popular bootstrapping protocols such as Airdrop and Proof-of-Burn (PoB) and prove that they do not satisfy IC and IR, respectively. Motivated by the Ethereum Merge, we study W2SB (a PoW-based bootstrapping protocol) and prove it is ideal. In addition, we conduct synthetic simulations to empirically validate that W2SB bootstrapped PoS is decentralized.
Although smart contracts are immutable once they are deployed, the reality is that they need upgrades to fix bugs or add new features. Nowadays, there are a few upgrade methods in Ethereum, some of which can change the contract without changing the contract address that users interact with. This upgrade way increases potential danger and results in users' distrust, because it may secretly change the function of the contract and cause users financial loss. We examine two of these upgrade methods, i.e., proxy pattern and metamorphic contract. For the proxy pattern, we propose a bytecode-based method for detecting these upgradeable contracts, which achieves a 99.37% F1-score. We use the bytecode-based method to detect the contracts in the first 12 million blocks of Ethereum and find 126,500 upgradeable contracts. For the metamorphic contracts, we employ an Ethereum replay tool to replay the transactions and find the metamorphic contracts according to the SELFDESTRUCT and CREATE2 instructions. We find that 64.3% of the contracts upgraded using this way are malicious MEV bots. Finally, we summarize the reasons for smart contract upgrades and make development recommendations.
Moein Shahiki Tash, Olga Kolesnikova, Zahra Ahani, Grigori Sidorov
This paper provides an extensive examination of a sizable dataset of English tweets focusing on nine widely recognized cryptocurrencies, specifically Cardano, Binance, Bitcoin, Dogecoin, Ethereum, Fantom, Matic, Shiba, and Ripple. Our goal was to conduct a psycholinguistic and emotional analysis of social media content associated with these cryptocurrencies. Such analysis can enable researchers and experts dealing with cryptocurrencies to make more informed decisions. Our work involved comparing linguistic characteristics across the diverse digital coins, shedding light on the distinctive linguistic patterns emerging in each coin's community. To achieve this, we utilized advanced text analysis techniques. Additionally, this work unveiled an understanding of the interplay between these digital assets. By examining which coin pairs are mentioned together most frequently in the dataset, we established co-mentions among different cryptocurrencies. To ensure the reliability of our findings, we initially gathered a total of 832,559 tweets from X. These tweets underwent a rigorous preprocessing stage, resulting in a refined dataset of 115,899 tweets that were used for our analysis. Overall, our research offers valuable perception into the linguistic nuances of various digital coins' online communities and provides a deeper understanding of their interactions in the cryptocurrency space.
In today's digital landscape, the exponential growth of big data demands secure and efficient processing, particularly in complex multi-cloud environments. This paper proposes an innovative blockchain-enabled data governance framework, revolutionizing data management, processing, and security across diverse cloud infrastructures. The framework integrates cutting-edge technologies, including the Ethereum blockchain, the InterPlanetary File System (IPFS) protocol, and cloud solutions like OpenStack and Red Hat OpenShift. At its core, the framework utilizes Ethereum's robust smart contracts and consensus mechanisms to establish a decentralized and secure data governance model. This ensures data integrity, transparency, and immutability, mitigating risks associated with centralized storage and processing. The IPFS protocol complements blockchain by offering efficient data sharding and retrieval mechanisms, enhancing data accessibility and fault tolerance in distributed cloud environments. Through comprehensive testing and analysis, the proposed framework's value is demonstrated. Performance metrics, including throughput, latency, CPU utilization, and memory utilization, were meticulously evaluated to assess system efficiency and scalability. Results indicate high performance, with Ethereum's Proof of Authority (PoA) consensus mechanism enabling efficient transaction throughput of up to 1000 transactions per second. Additionally, the IPFS protocol exhibits effective data retrieval capabilities, with an average latency of 15 milliseconds for data access operations.
Pedro Delgado‐Pérez, Ignacio Meléndez‐Lapi, Juan Boubeta-Puig
Abstract Smart contracts (SC) are programs embodying certain business logic stored on a blockchain network like Ethereum. The execution of transactions on SC has a cost, measured in gas units, that depends on the low‐level operations performed. Therefore, a poor choice of high‐level language constructs could lead to overcharging users for their transactions. Thus, a testing process focused on possible deviations of the gas used in diverse scenarios could provide substantial global savings. This paper presents a gas‐centered mutation testing approach for taking care of the gas consumed by Solidity SCs. This approach can be useful to improve the test quality to detect gas‐related problems, reason about performance issues that only manifest in certain situations, and identify alternative more optimal implementations. We define and implement several mutation operators specifically designed to perturb gas consumption while preserving contract semantics in general. Our experiments using several real‐world SCs show the feasibility of the technique, with some mutants reproducing meaningful differences in the consumption and exposing some gas limits not tight enough in historic transactions. Therefore, our approach is shown to be a good ally to prevent the appearance of gas‐related issues and lays the groundwork for researchers seeking to improve performance testing practices.
As an essential component in Ethereum and other blockchains, token assets have been interacted with by diverse smart contracts. Effective permission policies of smart contracts must prevent token assets from being manipulated by unauthorized adversaries. Recent efforts have studied the accessibility of privileged functions or state variables to unauthorized users. However, little attention is paid to how publicly accessible functions of smart contracts can be manipulated by adversaries to steal users' digital assets. This attack is mainly caused by the permission re-delegation (PRD) vulnerability. In this work, we propose PrettySmart, a bytecode-level Permission re-delegation vulnerability detector for Smart contracts. Our study begins with an empirical study on 0.43 million open-source smart contracts, revealing that five types of widely-used permission constraints dominate 98% of the studied contracts. Accordingly, we propose a mechanism to infer these permission constraints, as well as an algorithm to identify constraints that can be bypassed by unauthorized adversaries. Based on the identification of permission constraints, we propose to detect whether adversaries could manipulate the privileged token management functionalities of smart contracts. The experimental results on real-world datasets demonstrate the effectiveness of the proposed PrettySmart, which achieves the highest precision score and detects 118 new PRD vulnerabilities.
Dipika Jha, Ankit K. Bhagat, Raju Halder, Rajendra N. Paramanik · 5 authors
This paper presents a comprehensive Decentraland parcels dataset, called IITP-VDLand, sourced from diverse platforms such as Decentraland, OpenSea, Etherscan, Google BigQuery, and various Social Media Platforms. Unlike existing datasets which have limited attributes and records, IITP-VDLand offers a rich array of attributes, encompassing parcel characteristics, trading history, past activities, transactions, and social media interactions. Alongside, we introduce a key attribute in the dataset, namely Rarity score, which measures the uniqueness of each parcel within the virtual world. Addressing the significant challenge posed by the dispersed nature of this data across various sources, we employ a systematic approach, utilizing both available APIs and custom scripts, to gather it. Subsequently, we meticulously curate and organize the information into four distinct fragments: (1) Characteristics, (2) OpenSea Trading History, (3) Ethereum Activity Transactions, and (4) Social Media. We envisage that this dataset would serve as a robust resource for training machine- and deep-learning models specifically designed to address real-world challenges within the domain of Decentraland parcels. The performance benchmarking of more than 20 state-of-the-art price prediction models on our dataset yields promising results, achieving a maximum R2 score of 0.8251 and an accuracy of 74.23% in case of Extra Trees Regressor and Classifier. The key findings reveal that the ensemble models perform better than both deep learning and linear models for our dataset. We observe a significant impact of coordinates, geographical proximity, rarity score, and few other economic indicators on the prediction of parcel prices.
Turan Kocabıyık, Meltem KARAATLI, Mehmet Özsoy, Muhammet Fatih Özer
The aim of this study is to identify crypto assets with similar characteristics and to explore the similar responses of these assets to market-priced events. This process is carried out in two stages. Cluster analysis and association analysis were applied in the research. First of all, cluster analysis was performed using the variables; the total number of active unique addresses, USD value of the current supply, fixed closing price of the asset, return on investment of the asset, total of the current supply, number of transactions, USD value of the sum of native units and 30 days volatility criteria. HK-Means algorithm and R Program were used for clustering. Then, the co-movement of crypto assets was analyzed using the FP-Growth algorithm and the WEKA program. 71 crypto assets with the highest market capitalization and meeting the research criteria were included in the research. The data used in the research covers the period of May 2021-May 2022. According to the main findings obtained from the research; within the framework of the criteria used in the research, 4 clusters were formed. Most important association rules found to be between; btc (bitcoin) & aave (nominex), eth (ethereum) & aave (nominex), dot (polkadot) & aave (nominex), neo & aave (nominex), uni (uniswap) & aave (nominex) , btg (bitcoin gold) & etc (ethereum classic), xrp (riple) & algo (algorand) & doge (dogecoin), xrp (riple) & doge (dogecoin), cro (cronos) & xrp (riple) & algo ( algorand) & trx (tron) & doge (dogecoin).
Yiming Zhao, Sultan Salem, Areej M. AL-Zaydi, Jin-Taek Seong · 6 authors
Among the different financial sectors, the modeling and forecasting of log-returns of cryptocurrency have received considerable attention. Numerous statistical models have been put forward to analyze the log returns of the cryptocurrency. However, as per our knowingness and immense literature search, we did not find published shreds of evidence about modeling cryptocurrency's log-returns while manipulating trigonometric-based statistical models. This paper provides a worthwhile endeavor to fill out this amusing research gap by manipulating a new trigonometric-based statistical methodology called the generalized sine-G family. Utilizing the generalized sine-G, a statistical model called the generalized sine-Logistic distribution is introduced. The generalized sine-Logistic distribution is applied for modeling the log-returns of two cryptocurrencies. Using certain decisive tools, it is observed that the generalized sine-Logistic is the best-suited distribution for modeling the given log-returns data sets. Additionally, this study uses various sophisticated and robust econometric techniques, such as the Least Absolute Shrinkage and Subset Selection, Markov Switching Generalized Autoregressive Conditional Heteroscedasticity (MSGARCH), and Step Indicator Saturation (SIS) model with different distributions, to predict (in-sample) the log-returns data sets. The effectiveness of each method is assessed through a popular loss function known as the root-mean-square error (RMSE).
The paper's recognition of the emerging phenomenon of cryptocurrencies. The rise of cryptocurrencies’ value on the market and the growing recognition around the arena open some demanding situations and concerns for business and commercial economics. The studies changed realized by way of the technique description, literature evaluation, and carried out research. This paper discusses the primary developments in the academic studies related to the Present Scenario of Cryptocurrency, a short overview of Cryptocurrency, cryptocurrencies through market capitalization, Cryptocurrencies Trending in Asia, Cryptocurrency in India, Cryptocurrency Exchanges, and cryptocurrency rules internationally. Keywords: Cryptocurrency, Bitcoin, Ethereum, Ripple, Virtual Currency, Blockchain *, Cyber Security, Blockchain Wallets, Distributed Ledger.
This paper presents the results of a comprehensive empirical study of losses to arbitrageurs (following the formalization of loss-versus-rebalancing by [Milionis et al., 2022]) incurred by liquidity providers on automated market makers (AMMs). We show that those losses exceed the fees earned by liquidity providers across many of the largest AMM liquidity pools (on Uniswap). Remarkably, we also find that the Uniswap v2 pools are more profitable for passive LPs than their Uniswap v3 counterparts. We also investigate how arbitrage losses change with block times. As expected, arbitrage losses decrease when block production is faster. However, the rate of the decline varies significantly across different trading pairs. For instance, when comparing 100ms block times to Ethereum's current 12-second block times, the decrease in losses to arbitrageurs ranges between 20% to 70%, depending on the specific trading pair.
The virtue of data forgetting has become a substantial demand in the digital era. Once online content has served its purpose, the concept of forgetting arises to ensure that data remains private between data owners and service providers. Despite significant advancements in supporting data forgetting through approaches like access heuristics, elastic expiration times, and manual revocation, the existing research falls short in addressing the demand for a multi-level forgetting structure that can cater to diverse audience-based expiration requirements while considering additional criteria. To the best of our knowledge, no prior works have investigated this gap, emphasizing the need for a comprehensive solution that can effectively accommodate the varying expiration needs of different audience groups. In this paper, we introduce a novel disjunctive multi-level forgetting scheme designed to meet the aforementioned demand for data forgetting. Our scheme introduces unique expiration periods for the encrypted data the service provider stores, called levels. Users are grouped into different levels based on priorities assigned by the data owners. Each level corresponds to a specific expiration threshold, enabling designated user groups to access the content within its validity period before it is forgotten. This approach enables selective data forgetting for one group while enabling concurrent access and retention for other user groups until the stipulated expiration period elapses. To achieve this, we have devised a cutting-edge system that integrates a hierarchical and dynamic scheme utilizing a key decay for managing expiration periods. Moreover, we introduce an innovative approach that harnesses smart contracts on a local Ethereum blockchain to enforce regulations and streamline the secure and efficient expiration and deletion of data. Finally, we thoroughly evaluate our proposed scheme, focusing on decay sensitivity, computational complexity, and rigorous security analysis.
Open access
Advanced Steganography and Watermarking Techniques
Decentralized Finance (DeFi) enables many novel applications that were impossible in traditional finances. However, it also introduces new types of vulnerabilities. An example of such vulnerabilities is a composability bug between token contracts and Decentralized Exchange (DEX) that follows the Constant Product Market Maker (CPMM) model. This type of bug, which we refer to as CPMM composability bug, originates from issues in token contracts that make them incompatible with CPMMs, thereby endangering other tokens within the CPMM ecosystem. Since 2022, 23 exploits of such kind have resulted in a total loss of 2.2M USD. BlockSec, a smart contract auditing company, reported that 138 exploits of such kind occurred just in February 2023. In this paper, we propose CPMMX , a tool that automatically detects CPMM composability bugs across entire blockchains. To achieve such scalability, we first formalized CPMM composability bugs and found that these bugs can be induced by breaking two safety invariants. Based on this finding, we designed CPMMX equipped with a two-step approach, called shallow-then-deep search. In more detail, it first uses shallow search to find transactions that break the invariants. Then, it uses deep search to refine these transactions, making them profitable for the attacker. We evaluated CPMMX against five baselines on two public datasets and one synthetic dataset. In our evaluation, CPMMX detected 2.5x to 1.5x more vulnerabilities compared to baseline methods. It also analyzed contracts significantly faster, achieving higher F1 scores than the baselines. Additionally, we applied CPMMX to all contracts on the latest blocks of the Ethereum and Binance networks and discovered 26 new exploits that can result in 15.7K USD profit in total.
Equity crowdfunding via the Internet is a new channel of raising fund for startups. It features low walls to entry, low cost, and high speed, and therefore encourages invention. In recent times, equity crowdfunding in India has endured some developments. still, some problems remain unsolved in practice. Blockchain is a decentralized and distributed tally technology to ensure data security, transparency, and integrity. Because it cannot be tampered, the technology is supposed to have great eventuality in the finance assiduity. This study examines current problems in the practice of equity crowdfunding in India. Grounded on the analysis of the characteristics of blockchain technology, this study further explores its practical operations in crowdfunding. Blockchain technology is a secure, effective, low- cost result for the enrolment of stocks and shares of a establishment financed by crowdfunding. First, a vendor initiates a request for ensuring a product, then the interested lenders participate in a project Key Words: Blockchain, crowdfunding, Fundraising, Project Registration and Transaction, Voting of Shareholders, Ethereum, Smart Contracts
Dušan Morháč, Viktor Valaštín, Kristián Košťál, Ivan Kotuliak
This article presents a solution that allows utilizing cross-chain payments for any use case. We chose to evaluate it on an apartment booking. Despite this, the solution allows users to rent anything they wish (ranging from power tools to cars or lands) in a decentralized manner through a system designed with the usage of smart contracts, non-fungible tokens (NFTs), or applications enhancing this decentralized technology, also known as dApps. Our solution utilizes a Multichain NFT bridge by XP Network that enhances NFT transfers from one chain to another and uses an Axelar GMP protocol to connect Polkadot Parachain called Moonbeam with Ethereum. This allows users to transfer assets from one chain to another. During the design evaluation, we explained the simplicity of design that the solution brings to users planning to utilize their token on the PolkaDot ecosystem or Ethereum in general.
Smart contracts are self-executing programs that can run on a blockchain. Due to the fact of being immutable after their deployment on blockchain, it is crucial to ensure their correctness. For this reason, various approaches for static analysis of smart contracts have been proposed, but they may be on the one hand imprecise or on the other hand difficult to train. In this paper, we propose a novel approach for detecting smart contract vulnerabilities using OpenAI's Generative Pre-trained Transformer 3 (GPT-3) language model. Our approach, called VulntHunt-GPT, uses GPT-3 to examine Ethereum smart contracts in order to identify the most popular vulnerabilities according to OWASP. We train VulntHunt-GPT on a dataset of smart contract functions and vulnerabilities to improve its accuracy. Our experiments show that VulntHunt-GPT outperforms almost all the existing state-of-the-art approaches in detecting a variety of vulnerabilities, including reentrancy attacks, integer overflow, and uninitialized storage. In addition, we conduct a case study to demonstrate the effectiveness of VulntHunt-GPT in detecting real-world smart contract vulnerabilities. We show that VulntHunt-GPT can identify previously unknown vulnerabilities in popular smart contracts, highlighting its potential for improving smart contract security. Our approach provides a promising direction for using natural language processing techniques to improve smart contract security and reduce the risk of smart contract exploits.
Hardware-based solutions are becoming more and more popular as a result of the increased need for practical and safe authentication methods. However, one of the key challenges in these systems is the lack of a robust mechanism to revoke compromised credentials effectively. The Ethereum Attestation Service (EAS), which uses the blockchain-based Ethereum platform to create a decentralized, tamper-resistant infrastructure for credential attestation and revocation, is presented in this article as a novel solution to this critical issue. By combining the transparency and immutability of blockchain technology with smart contracts and cryptographic techniques, the EAS enables secure and auditable management of certificates. The conducted study investigates the limitations of existing revocation methods of password-less mechanisms and proposes the EAS as a viable alternative. In the design phase, the paper demonstrates the system's efficiency in handling attestation requests, verifying attestations, and securely managing revocations. EAS excels in providing reliable revocation, thereby reducing the risks associated with compromised hardware-based passwordless systems. Moreover, this research explores the benefits of EAS-based revocation within the IoT context, where Physically Unclonable Functions (PUFs) face similar challenges as HSMs. Experimental results, obtained in a testnet environment, reveal reduced authentication times, making this solution suitable for real-time scenarios as well.
Open access
Physical Unclonable Functions (PUFs) and Hardware Security
Effective management of health data is critical in this age of digital change. In order to solve the issues with safe healthcare data systems, this paper suggests a brand-new Hybrid Healthcare Data Management System (HDMS) that seamlessly combines blockchain and cloud computing technology. The solution guarantees the safe storage and effective administration of health data by utilizing the scalability and flexibility of cloud computing. The Ethereum blockchain, which offers immutability through smart contracts for data integrity assurance, is used to improve security. Important components of the suggested approach include Blockchain Anchoring, which uses distinct hash references on Ethereum to ensure data integrity, Google Cloud Integration for scalable storage and immediate data access, and compliance with Health Level 7 (HL7) formatting criteria for medical data storage. Robust privacy safeguards include cutting-edge methods like decentralized identifiers (DIDs) and homomorphic encryption, which guarantee secure computations on encrypted data and trustworthy identification for allowed access. IPFS file storage is used by the system to improve security by providing redundancy and resilience. By utilizing blockchain's immutability and cloud storage's distributed architecture, HDMS demonstrates resilience against disturbances. Results of the proposed method is implemented in Python Software. The Homomorphic approach that has been suggested continuously beats Optimized Blowfish Algorithm (OBA) in terms of encryption and decryption times. The improvement in encryption is between 3000ms (10 kb) and 1350ms (40 kb). The enhancement demonstrates improved efficiency across data sizes, ranging from 4000ms (10 kb) to 3350ms (40 kb) in decryption. The goal of HDMS is to create a future in which patient outcomes are enhanced by the appropriate handling, storage, analysis, and use of medical data.
Elitsa Pankovska, Ashish Rajendra Sai, Harald Vranken, Alan Ransil
The high electricity consumption of cryptocurrencies that rely on proof-of-work (PoW) consensus algorithms has raised serious environmental concerns due to its association with carbon emissions and strain on energy grids. There has been significant research into estimating the electricity consumption of PoW-based cryptocurrencies and developing alternatives to PoW. In this article, we introduce refined models to estimate the electricity consumption of two prominent alternatives: Ethereum, now utilizing proof-of-stake (PoS), and Filecoin, which employs proof-of-spacetime (PoSt). Ethereum stands as a leading blockchain platform for crafting decentralized applications, whereas Filecoin is recognized as the world's foremost decentralized data storage network. Prior studies for modeling electricity consumption have been criticized for methodological flaws and shortcomings, low-quality data, and unvalidated assumptions. We improve on this in several ways: we obtain more novel, validated data from the systems in question, extract information from existing data and research, and we improve transparency and reproducibility by clearly explaining and documenting the used methodology and explicitly stating unavoidable limitations and assumptions made. When comparing the current, most prominent models for Ethereum and Filecoin to our refined models, we find that given the wide error margins of both the refined models and the ones introduced in prior literature, the resulting average estimates are to a large extent in line with each other.
Abstract We analyze the connectedness between major cryptocurrencies and nonfungible tokens (NFTs) for different quantiles employing a time-varying parameter vector autoregression approach. We find that lower and upper quantile spillovers are higher than those at the median, meaning that connectedness augments at extremes. For normal, bearish, and bullish markets, Bitcoin Cash, Bitcoin, Ethereum, and Litecoin consistently remain net transmitters, while NFTs receive innovations. However, spillover topology at both extremes becomes simpler—from cryptocurrencies to NFTs. We find no markets useful for mitigating BTC risks, whereas BTC is capable of reducing the risk of other digital assets, which is a valuable insight for market players and investors.
Bitcoin stands as a groundbreaking development in decentralized exchange throughout human history, enabling transactions without the need for intermediaries. By leveraging cryptographic proof mechanisms, Bitcoin eliminates the reliance on third-party financial institutions. Ethereum, ranking as the second-largest cryptocurrency by market capitalization, builds upon Bitcoin’s groundwork by introducing smart contracts and decentralized applications. Ethereum strives to surpass the limitations of Bitcoin’s scripting language, achieving full Turing-completeness for executing intricate computational tasks. Solana introduces a novel architecture for high-performance blockchain, employing timestamps to validate decentralized transactions and significantly boosting block creation throughput. Through a comprehensive examination of these blockchain technologies, their distinctions, and the associated challenges, this paper aims to offer valuable insights and comparative analysis for both researchers and practitioners.
Anomaly detection is critical in the financial sector, especially as financial environments evolve with increasing digitization, posing challenges for real -time anomaly detection. Recently, deep learning (DL) algorithms have emerged as promising solutions for this problem. This study presents a DL -based anomaly detection model utilizing various algorithms, including LSTM, GRU, and 1dCNN, applied to Tesla's stock market and Ethereum cryptocurrency data sets. Hyperparameter optimization is performed using grid search. Results show that the GRU algorithm achieves the highest prediction score in both datasets, while the 1dCNN algorithm performs the lowest. Additionally, anomaly values are graphically demonstrated using GRU for both datasets. Accurate bookkeeping is essential for legitimate business operations, yet the complexity of financial auditing requires new solutions. Supervised and unsupervised machine learning techniques are increasingly applied to detect fraud and anomalies in accounting data. This paper addresses the challenge of detecting financial misstatements in general ledger (GL) data, proposing seven supervised ML techniques, including deep learning, and two unsupervised ML techniques. Models are trained and evaluated on real -life GL datasets, demonstrating high potential in detecting predefined anomaly types and efficiently sampling data. Practical implications of these solutions in accounting and auditing contexts are discussed. The rapid development of computer networks brings both convenience and security challenges due to various abnormal flows. Traditional detection systems, like intrusion detection systems (IDS), have limitations, necessitating real -time updates to function effectively. With the advent of machine learning and data mining, new methods for abnormal network flow detection have emerged. This paper introduces the random forest algorithm for detecting abnormal samples, proposing the concept of an abnormal point scale to measure sample abnormality based on similarity. Simulation experiments demonstrate the superiority of random forest -based detection in terms of model accuracy and computing efficiency compared to other methods.
Abbas M. Ali, Abdullah Shah, Azaz Hassan Khan, Malik Umar Sharif · 8 authors
Software-based technical indicators have been widely used for the stock market forecasting, aiming to predict market direction. Even though many algorithms for the software based technical indicators are presented, there are almost no hardware implementations reported in the literature. In this paper, the hardware implementation is presented for three commonly used technical indicators: Moving Average Convergence/Divergence (MACD), Relative Strength Index (RSI), and Aroon. Latency evaluation is conducted for Bitcoin and Ethereum within a single-day timeframe, utilizing the Xilinx Zynq-7000 programmable SoC XC7Z020-CLG484-1 platform. Additionally, various hardware/software (HW/SW) partitioning strategies are explored to leverage the flexibility of software alongside the performance advantages of hardware via the Zynq SoC platform. The results show that the best performing technical indicator is MACD with a speedup of 30 times over its software only counterpart. Furthermore, a hybrid design integrating multiple technical indicators is proposed, pairing MACD with RSI due to their competitive throughput values, differing by only 0.38 microseconds. This hybrid approach capitalizes on the parallel processing capabilities of hardware, enabling multiple systems to operate simultaneously.