Blockchain Papers

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639 papersLast indexed Aug 31, 2026
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Aug 7, 2023·arXiv (Cornell University)
153 cites
GPTScan: Detecting Logic Vulnerabilities in Smart Contracts by Combining GPT with Program Analysis

Yuqiang Sun, Daoyuan Wu, Yue Xue, Han Liu · 8 authors

Smart contracts are prone to various vulnerabilities, leading to substantial financial losses over time. Current analysis tools mainly target vulnerabilities with fixed control or data-flow patterns, such as re-entrancy and integer overflow. However, a recent study on Web3 security bugs revealed that about 80% of these bugs cannot be audited by existing tools due to the lack of domain-specific property description and checking. Given recent advances in Large Language Models (LLMs), it is worth exploring how Generative Pre-training Transformer (GPT) could aid in detecting logicc vulnerabilities. In this paper, we propose GPTScan, the first tool combining GPT with static analysis for smart contract logic vulnerability detection. Instead of relying solely on GPT to identify vulnerabilities, which can lead to high false positives and is limited by GPT's pre-trained knowledge, we utilize GPT as a versatile code understanding tool. By breaking down each logic vulnerability type into scenarios and properties, GPTScan matches candidate vulnerabilities with GPT. To enhance accuracy, GPTScan further instructs GPT to intelligently recognize key variables and statements, which are then validated by static confirmation. Evaluation on diverse datasets with around 400 contract projects and 3K Solidity files shows that GPTScan achieves high precision (over 90%) for token contracts and acceptable precision (57.14%) for large projects like Web3Bugs. It effectively detects ground-truth logic vulnerabilities with a recall of over 70%, including 9 new vulnerabilities missed by human auditors. GPTScan is fast and cost-effective, taking an average of 14.39 seconds and 0.01 USD to scan per thousand lines of Solidity code. Moreover, static confirmation helps GPTScan reduce two-thirds of false positives.

Open access
3 source records
Advanced Malware Detection Techniques
Adversarial Robustness in Machine Learning
Security and Verification in Computing
Original source
Aug 5, 2023·arXiv (Cornell University)
1 cites
An Empirical Study of AI-based Smart Contract Creation

Rabimba Karanjai, Edward Li, Lei Xu, Weidong Shi

The introduction of large language models (LLMs) like ChatGPT and Google Palm2 for smart contract generation seems to be the first well-established instance of an AI pair programmer. LLMs have access to a large number of open-source smart contracts, enabling them to utilize more extensive code in Solidity than other code generation tools. Although the initial and informal assessments of LLMs for smart contract generation are promising, a systematic evaluation is needed to explore the limits and benefits of these models. The main objective of this study is to assess the quality of generated code provided by LLMs for smart contracts. We also aim to evaluate the impact of the quality and variety of input parameters fed to LLMs. To achieve this aim, we created an experimental setup for evaluating the generated code in terms of validity, correctness, and efficiency. Our study finds crucial evidence of security bugs getting introduced in the generated smart contracts as well as the overall quality and correctness of the code getting impacted. However, we also identified the areas where it can be improved. The paper also proposes several potential research directions to improve the process, quality and safety of generated smart contract codes.

Open access
2 source records
cs.SE
cs.LG
FinTech, Crowdfunding, Digital Finance
Original source
Aug 4, 2023·arXiv
0 cites
Enabling Data Confidentiality with Public Blockchains

Edoardo Marangone, Claudio Di Ciccio, Daniele Friolo, Eugenio Nerio Nemmi · 6 authors

Blockchain technology is apt to facilitate the automation of multi-party cooperations among various players in a decentralized setting, especially in cases where trust among participants is limited. Transactions are stored in a ledger, a replica of which is retained by every node of the blockchain network. The operations saved thereby are thus publicly accessible. While this aspect enhances transparency, reliability, and persistence, it hinders the utilization of public blockchains for process automation as it violates typical confidentiality requirements in corporate settings. To overcome this issue, we propose our approach named Multi-Authority Approach to Transaction Systems for Interoperating Applications (MARTSIA). Based on Multi-Authority Attribute-Based Encryption (MA-ABE), MARTSIA enables read-access control over shared data at the level of message parts. User-defined policies determine whether an actor can interpret the publicly stored information or not, depending on the actor's attributes declared by a consortium of certifiers. Still, all nodes in the blockchain network can attest to the publication of the (encrypted) data. We provide a formal analysis of the security guarantees of MARTSIA, and illustrate the proof-of-concept implementation over multiple blockchain platforms. To demonstrate its interoperability, we showcase its usage in ensemble with a state-of-the-art blockchain-based engine for multi-party process execution, and three real-world decentralized applications in the context of NFT markets, supply chain, and retail.

Open access
cs.CR
cs.SE
Original source
Jul 18, 2023·arXiv (Cornell University)
3 cites
CONTRACTFIX: A Framework for Automatically Fixing Vulnerabilities in Smart Contracts

Pengcheng, Peng, Yun, Qingzhao · 10 authors

The increased adoption of smart contracts in many industries has made them an attractive target for cybercriminals, leading to millions of dollars in losses. Thus, deploying smart contracts with detected vulnerabilities (known to developers) are not acceptable, and fixing all the detected vulnerabilities is needed, which incurs high manual labor cost without effective tool support. To fill this need, in this paper, we propose ContractFix, a novel framework that automatically generates security patches for vulnerable smart contracts. ContractFix is a general framework that can incorporate different fix patterns for different types of vulnerabilities. Users can use it as a security fix-it tool that automatically applies patches and verifies the patched contracts before deploying the contracts. To address the unique challenges in fixing smart contract vulnerabilities, given an input smart contract, \tool conducts our proposed ensemble identification based on multiple static verification tools to identify vulnerabilities that are amenable for automatic fix. Then, ContractFix generates patches using template-based fix patterns and conducts program analysis (program dependency computation and pointer analysis) for smart contracts to accurately infer and populate the parameter values for the fix patterns. Finally, ContractFix performs static verification that guarantees the patched contract is free of vulnerabilities. Our evaluations on $144$ real vulnerable contracts demonstrate that \tool can successfully fix $94\%$ of the detected vulnerabilities ($565$ out of $601$) and preserve the expected behaviors of the smart contracts.

Open access
2 source records
Security and Verification in Computing
Blockchain Technology Applications and Security
Advanced Malware Detection Techniques
Original source
Jul 18, 2023·arXiv (Cornell University)
0 cites
Need-driven decision-making and prototyping for DLT: Framework and web-based tool

Tomas Bueno Momčilović, Matthias Buchinger, Dian Balta

In its 14 years, distributed ledger technology has attracted increasing attention, investments, enthusiasm, and user base. However, ongoing doubts about its usefulness and recent losses of trust in prominent cryptocurrencies have fueled deeply skeptical assessments. Multiple groups attempted to disentangle the technology from the associated hype and controversy by building workflows for rapid prototyping and informed decision-making, but their mostly isolated work leaves users only with fewer unclarities. To bridge the gaps between these contributions, we develop a holistic analytical framework and open-source web tool for making evidence-based decisions. Consisting of three stages - evaluation, elicitation, and design - the framework relies on input from the users' domain knowledge, maps their choices, and provides an output of needed technology bundles. We apply it to an example clinical use case to clarify the directions of our contribution charts for prototyping, hopefully driving the conversation towards ways to enhance further tools and approaches.

Open access
2 source records
cs.SE
Digital Mental Health Interventions
Blockchain Technology Applications and Security
Original source
Jul 14, 2023·arXiv
0 cites
A Blockchain-Based Framework for Distributed Agile Software Testing Life Cycle

Muhammad Shoaib Farooq, Fatima Ahmed

A blockchain-based framework for distributed agile software testing life cycle is an innovative approach that uses blockchain technology to optimize the software testing process. Previously, various methods were employed to address communication and collaboration challenges in software testing, but they were deficient in aspects such as trust, traceability, and security. Additionally, a significant cause of project failure was the non-completion of unit testing by developers, leading to delayed testing. This paper integration of blockchain technology in software testing resolves critical concerns related to transparency, trust, coordination, and communication. We have proposed a blockchain based framework named as TestingPlus. TestingPlus framework utilizes blockchain technology to provide a secure and transparent platform for acceptance testing and payment verification. By leveraging smart contracts on a private Ethereum blockchain, TestingPlus can help to ensure that both the testing team and the development team are working towards a common goal and are compensated fairly for their contributions.

Open access
cs.SE
Original source
Jul 12, 2023·arXiv (Cornell University)
1 cites
Deploying ZKP Frameworks with Real-World Data: Challenges and Proposed Solutions

Piergiuseppe Mallozzi

Zero-knowledge proof (ZKP) frameworks have the potential to revolutionize the handling of sensitive data in various domains. However, deploying ZKP frameworks with real-world data presents several challenges, including scalability, usability, and interoperability. In this project, we present Fact Fortress, an end-to-end framework for designing and deploying zero-knowledge proofs of general statements. Our solution leverages proofs of data provenance and auditable data access policies to ensure the trustworthiness of how sensitive data is handled and provide assurance of the computations that have been performed on it. ZKP is mostly associated with blockchain technology, where it enhances transaction privacy and scalability through rollups, addressing the data inherent to the blockchain. Our approach focuses on safeguarding the privacy of data external to the blockchain, with the blockchain serving as publicly auditable infrastructure to verify the validity of ZK proofs and track how data access has been granted without revealing the data itself. Additionally, our framework provides high-level abstractions that enable developers to express complex computations without worrying about the underlying arithmetic circuits and facilitates the deployment of on-chain verifiers. Although our approach demonstrated fair scalability for large datasets, there is still room for improvement, and further work is needed to enhance its scalability. By enabling on-chain verification of computation and data provenance without revealing any information about the data itself, our solution ensures the integrity of the computations on the data while preserving its privacy.

Open access
2 source records
cs.CR
cs.SE
Privacy-Preserving Technologies in Data
Original source
Jul 12, 2023·ISSTA 2023
24 cites
SmartState: Detecting State-Reverting Vulnerabilities in Smart Contracts via Fine-Grained State-Dependency Analysis

Zeqin Liao, Sicheng Hao, Yuhong Nan, Zibin Zheng

Smart contracts written in Solidity are widely used in different blockchain platforms such as Ethereum, TRON and BNB Chain. One of the unique designs in Solidity smart contracts is its state-reverting mechanism for error handling and access control. Unfortunately, a number of recent security incidents showed that adversaries also utilize this mechanism to manipulate critical states of smart contracts, and hence, bring security consequences such as illegal profit-gain and Deny-of-Service (DoS). In this paper, we call such vulnerabilities as the State-reverting Vulnerability (SRV). Automatically identifying SRVs poses unique challenges, as it requires an in-depth analysis and understanding of the state-dependency relations in smart contracts. This paper presents SmartState, a new framework for detecting state-reverting vulnerability in Solidity smart contracts via fine-grained state-dependency analysis. SmartState integrates a set of novel mechanisms to ensure its effectiveness. Particularly, Smart-State extracts state dependencies from both contract bytecode and historical transactions. Both of them are critical for inferring dependencies related to SRVs. Further, SmartState models the generic patterns of SRVs (i.e., profit-gain and DoS) as SRV indicators, and hence effectively identify SRVs based on the constructed state-dependency graph. To evaluate SmartState, we manually annotated a ground-truth dataset which contains 91 SRVs in the real world. Evaluation results showed that SmartState achieves a precision of 87.23% and a recall of 89.13%. In addition, SmartState successfully identifies 406 new SRVs from 47,351 real-world smart contracts. 11 of these SRVs are from popular smart contracts with high transaction amounts (i.e., top 2000). In total, our reported SRVs affect a total amount of digital assets worth 428,600 USD.

Open access
2 source records
Blockchain Technology Applications and Security
Adversarial Robustness in Machine Learning
Security and Verification in Computing
Original source
Jul 5, 2023·arXiv
22 cites
Trust in Software Supply Chains: Blockchain-Enabled SBOM and the AIBOM Future

Boming Xia, Dawen Zhang, Yue Liu, Qinghua Lu · 6 authors

The robustness of critical infrastructure systems is contingent upon the integrity and transparency of their software supply chains. A Software Bill of Materials (SBOM) is pivotal in this regard, offering an exhaustive inventory of components and dependencies crucial to software development. However, prevalent challenges in SBOM sharing, such as data tampering risks and vendors' reluctance to fully disclose sensitive information, significantly hinder its effective implementation. These challenges pose a notable threat to the security of critical infrastructure and systems where transparency and trust are paramount, underscoring the need for a more secure and flexible mechanism for SBOM sharing. To bridge the gap, this study introduces a blockchain-empowered architecture for SBOM sharing, leveraging verifiable credentials to allow for selective disclosure. This strategy not only heightens security but also offers flexibility. Furthermore, this paper broadens the remit of SBOM to encompass AI systems, thereby coining the term AI Bill of Materials (AIBOM). The advent of AI and its application in critical infrastructure necessitates a nuanced understanding of AI software components, including their origins and interdependencies. The evaluation of our solution indicates the feasibility and flexibility of the proposed SBOM sharing mechanism, positing a solution for safeguarding (AI) software supply chains, which is essential for the resilience and reliability of modern critical infrastructure systems.

Open access
2 source records
cs.SE
Blockchain Technology Applications and Security
Cloud Data Security Solutions
Original source
Jul 5, 2023·arXiv (Cornell University)
0 cites
Formally Verifying a Real World Smart Contract

Alexandre Mota, Fei Yang, Cristiano da Silva Teixeira

Nowadays, smart contracts have become increasingly popular and, as with software development in general, testing is the standard method for verifying their correctness. However, smart contracts require a higher level of certainty regarding correctness because they are diffcult to modify once deployed and errors can result in significant financial losses. Therefore, formal verification is essential. In this article, we present our search for a tool capable of formally verifying a real-world smart contract written in a recent version of Solidity.

Open access
2 source records
cs.SE
Software Testing and Debugging Techniques
Advanced Malware Detection Techniques
Original source
Jul 1, 2023·2023 IEEE International Conference on Decentralized Applications and Infrastructures (DAPPS)
3 cites
Blockly2Hooks: Smart Contracts for Everyone with the XRP Ledger and Google Blockly

Lucian Trestioreanu, Wazen M. Shbair, Flaviene Scheidt de Cristo, Radu State

Recent technologies such as inter-ledger payments, non-fungible tokens, and smart contracts are all fruited from the ongoing development of Distributed Ledger Technologies. The foreseen trend is that they will play an increasingly visible role in daily life, which will have to be backed by appropriate operational resources. For example, due to increasing demand, smart contracts could soon face a shortage of knowledgeable users and tools to handle them in practice. Widespread smart contract adoption is currently limited by security, usability and costs aspects. Because of a steep learning curve, the handling of smart contracts is currently performed by specialised developers mainly, and most of the research effort is focusing on smart contract security, while other aspects like usability being somewhat neglected. Specific tools would lower the entry barrier, enabling interested non-experts to create smart contracts. In this paper we designed, developed and tested Blockly2Hooks, a solution towards filling this gap even in challenging scenarios such as when the smart contracts are written in an advanced language like C. With the XRP Ledger as a concrete working case, Blockly2Hooks helps interested non-experts from the community to learn smart contracts easily and adopt the technology, through leveraging well-proven teaching methodologies like Visual Programming Languages, and more specifically, the Blockly Visual Programming library from Google. The platform was developed and tested and the results are promising to make learning smart contract development smoother.

Open access
3 source records
cs.CR
cs.HC
cs.PL
Original source
Jun 29, 2023·arXiv (Cornell University)
86 cites
ItyFuzz: Snapshot-Based Fuzzer for Smart Contract

Chaofan Shou, Shangyin Tan, Koushik Sen

Smart contracts are critical financial instruments, and their security is of utmost importance. However, smart contract programs are difficult to fuzz due to the persistent blockchain state behind all transactions. Mutating sequences of transactions are complex and often lead to a suboptimal exploration for both input and program spaces. In this paper, we introduce a novel snapshot-based fuzzer ItyFuzz for testing smart contracts. In ItyFuzz, instead of storing sequences of transactions and mutating from them, we snapshot states and singleton transactions. To explore interesting states, ItyFuzz introduces a dataflow waypoint mechanism to identify states with more potential momentum. ItyFuzz also incorporates comparison waypoints to prune the space of states. By maintaining snapshots of the states, ItyFuzz can synthesize concrete exploits like reentrancy attacks quickly. Because ItyFuzz has second-level response time to test a smart contract, it can be used for on-chain testing, which has many benefits compared to local development testing. Finally, we evaluate ItyFuzz on real-world smart contracts and some hacked on-chain DeFi projects. ItyFuzz outperforms existing fuzzers in terms of instructional coverage and can find and generate realistic exploits for on-chain projects quickly.

Open access
4 source records
Security and Verification in Computing
Advanced Malware Detection Techniques
Adversarial Robustness in Machine Learning
Original source
Jun 12, 2023·arXiv (Cornell University)
0 cites
A UML Profile for Bitcoin Blockchain

Behrouz Sefid‐Dashti, Javad Salimi Sartakhti, Hassan Daghigh

Blockchain has received attention for its potential use in business. Bitcoin is powered by blockchain, and interest in it has surged in the past few years. It has many uses that need to be modeled. Modeling is used in many walks of life to share ideas, reduce complexity, achieve close alignment of one person viewpoint with another and provide abstractions of a system at some level of precision and detail. Software modeling is used in Model Driven Engineering (MDE), and Domain Specific Languages (DSLs) ease model development and provide intuitive syntax for domain experts. The present study has designed and evaluated a meta-model for the bitcoin application domain to facilitate application development and help in truly understanding bitcoin. The proposed meta-model, including stereotypes, tagged values, enumerations and a set of constraints defined by Object Constraint Language (OCL), was defined as a Unified Modeling Language (UML) profile and was implemented in the Sparx Enterprise Architect (Sparx EA) modeling tool. A case study developed by our meta-model is also presented.

Open access
2 source records
cs.SE
Scientific Computing and Data Management
Cloud Computing and Resource Management
Original source
Jun 8, 2023·2023 38th IEEE/ACM International Conference on Automated Software Engineering (ASE)
33 cites
SmartBugs 2.0: An Execution Framework for Weakness Detection in Ethereum Smart Contracts

Monika di Angelo, Thomas Durieux, João F. Ferreira, Gernot Salzer

Smart contracts are blockchain programs that often handle valuable assets. Writing secure smart contracts is far from trivial, and any vulnerability may lead to significant financial losses. To support developers in identifying and eliminating vulnerabilities, methods and tools for the automated analysis of smart contracts have been proposed. However, the lack of commonly accepted benchmark suites and performance metrics makes it difficult to compare and evaluate such tools. Moreover, the tools are heterogeneous in their interfaces and reports as well as their runtime requirements, and installing several tools is time-consuming. In this paper, we present SmartBugs 2.0, a modular execution framework. It provides a uniform interface to 19 tools aimed at smart contract analysis and accepts both Solidity source code and EVM bytecode as input. After describing its architecture, we highlight the features of the framework. We evaluate the framework via its reception by the community and illustrate its scalability by describing its role in a study involving 3.25 million analyses.

Open access
4 source records
Blockchain Technology Applications and Security
Security and Verification in Computing
Advanced Malware Detection Techniques
Original source
Jun 7, 2023·arXiv (Cornell University)
0 cites
An Empirical Study of Impact of Solidity Compiler Updates on Vulnerabilities in Ethereum Smart Contracts

Chihiro Kado, Naoto Yanai, Jason Paul Cruz, Kyosuke Yamashita · 5 authors

Vulnerabilities of Ethereum smart contracts often cause serious financial damage. Whereas the Solidity compiler has been updated to prevent vulnerabilities, its effectiveness has not been revealed so far, to the best of our knowledge. In this paper, we shed light on the impact of compiler versions of vulnerabilities of Ethereum smart contracts. To this end, we collected 503,572 contracts with Solidity source codes in the Ethereum blockchain and then analyzed their vulnerabilities. For three vulnerabilities with high severity, i.e., Locked Money, Using tx.origin, and Unchecked Call, we show that their appearance rates are decreased by virtue of major updates of the Solidity compiler. We then found the following four key insights. First, after the release of version 0.6, the appearance rate for Locked Money has decreased. Second, regardless of compiler updates, the appearance rate for Using tx.origin is significantly low. Third, although the appearance rate for Unchecked Call has decreased in version 0.8, it still remains high due to various factors, including code clones. Fourth, through analysis of code clones, our promising results show that the appearance rate for Unchecked Call can be further decreased by removing the code clones.

Open access
2 source records
cs.CR
cs.SE
Blockchain Technology Applications and Security
Original source
Jun 2, 2023·arXiv (Cornell University)
14 cites
SourceP: Detecting Ponzi Schemes on Ethereum with Source Code

Pengcheng Lu, Liang Cai, Keting Yin

As blockchain technology becomes more and more popular, a typical financial scam, the Ponzi scheme, has also emerged in the blockchain platform Ethereum. This Ponzi scheme deployed through smart contracts, also known as the smart Ponzi scheme, has caused a lot of economic losses and negative impacts. Existing methods for detecting smart Ponzi schemes on Ethereum mainly rely on bytecode features, opcode features, account features, and transaction behavior features of smart contracts, which are unable to truly characterize the behavioral features of Ponzi schemes, and thus generally perform poorly in terms of detection accuracy and false alarm rates. In this paper, we propose SourceP, a method to detect smart Ponzi schemes on the Ethereum platform using pre-trained models and data flow, which only requires using the source code of smart contracts as features. SourceP reduces the difficulty of data acquisition and feature extraction of existing detection methods. Specifically, we first convert the source code of a smart contract into a data flow graph and then introduce a pre-trained model based on learning code representations to build a classification model to identify Ponzi schemes in smart contracts. The experimental results show that SourceP achieves 87.2% recall and 90.7% F-score for detecting smart Ponzi schemes within Ethereum's smart contract dataset, outperforming state-of-the-art methods in terms of performance and sustainability. We also demonstrate through additional experiments that pre-trained models and data flow play an important contribution to SourceP, as well as proving that SourceP has a good generalization ability.

Open access
4 source records
Blockchain Technology Applications and Security
Spam and Phishing Detection
FinTech, Crowdfunding, Digital Finance
Original source
May 31, 2023·arXiv
0 cites
Human-centric Literature on Trust for SfTI Veracity Spearhead

Kelly Blincoe, Markus Luczak-Roesch, Tim Miller, Matthias Galster

This article summarizes the literature on trust of digital technologies from a human-centric perspective. We summarize literature on trust in face-to-face interactions from other fields, followed by a discussion of organizational trust, technology-mediated trust, trust of software products, trust of AI, and blockchain. This report was created for the Science for Technological Innovation Veracity Spearhead supported by New Zealand's National Science Challenges.

Open access
cs.CY
cs.SE
Original source
May 26, 2023·arXiv
0 cites
Horizontal Scaling of Transaction-Creating Machines

Ole Delzer, Ingo Weber, Richard Hobeck, Stefan Schulte

Blockchain technology has become one of the most popular trends in IT over the last few years. Its increasing popularity and the discovery of ever more use cases raises the question of how to improve scalability. While researchers are exploring ways to scale the on-chain processing of transactions, the scalability of the off-chain creation of transactions has not been investigated yet. This is relevant for organizations wishing to send a high volume of transactions in a short time frame, or continuously, e.g., manufacturers of high-volume products. Especially for blockchain implementations such as Ethereum, which require transactions to include so-called nonces (essentially a sequence number), horizontally scaling transaction creation is non-trivial. In this paper, we propose four different approaches for horizontal scaling of transaction creation in Ethereum. Our experimental evaluation examines the performance of the different approaches in terms of scalability and latency and finds two of the four proposed approaches feasible to scale transaction creation horizontally.

Open access
cs.SE
Original source
May 25, 2023·arXiv
0 cites
Distributed Trust Through the Lens of Software Architecture

Sin Kit Lo, Yue Liu, Guangsheng Yu, Qinghua Lu · 6 authors

Distributed trust is a nebulous concept that has evolved from different perspectives in recent years. While one can attribute its current prominence to blockchain and cryptocurrency, the distributed trust concept has been cultivating progress in federated learning, trustworthy and responsible AI in an ecosystem setting, data sharing, privacy issues across organizational boundaries, and zero trust cybersecurity. This paper will survey the concept of distributed trust in multiple disciplines. It will take a system/software architecture point of view to look at trust redistribution/shift and the associated tradeoffs in systems and applications enabled by distributed trust technologies.

Open access
cs.CR
cs.AI
cs.SE
Original source
May 25, 2023·Proceedings of the 32nd ACM SIGSOFT International Symposium on Software Testing and Analysis, Seattle, WA, USA, Jul. 2023, pp. 373-384
36 cites
Definition and Detection of Defects in NFT Smart Contracts

Shuo Yang, Jiachi Chen, Zibin Zheng

Recently, the birth of non-fungible tokens (NFTs) has attracted great attention. NFTs are capable of representing users’ ownership on the blockchain and have experienced tremendous market sales due to their popularity. Unfortunately, the high value of NFTs also makes them a target for attackers. The defects in NFT smart contracts could be exploited by attackers to harm the security and reliability of the NFT ecosystem. Despite the significance of this issue, there is a lack of systematic work that focuses on analyzing NFT smart contracts, which may raise worries about the security of users’ NFTs. To address this gap, in this paper, we introduce 5 defects in NFT smart contracts. Each defect is defined and illustrated with a code example highlighting its features and consequences, paired with possible solutions to fix it. Furthermore, we propose a tool named NFTGuard to detect our defined defects based on a symbolic execution framework. Specifically, NFTGuard extracts the information of the state variables from the contract abstract syntax tree (AST), which is critical for identifying variable-loading and storing operations during symbolic execution. Furthermore, NFTGuard recovers source-code-level features from the bytecode to effectively locate defects and report them based on predefined detection patterns. We run NFTGuard on 16,527 real-world smart contracts and perform an evaluation based on the manually labeled results. We find that 1,331 contracts contain at least one of the 5 defects, and the overall precision achieved by our tool is 92.6%.

Open access
3 source records
Blockchain Technology Applications and Security
Advanced Malware Detection Techniques
Spam and Phishing Detection
Original source
May 15, 2023·IEEE Transactions on Software Engineering
47 cites
DAppSCAN: Building Large-Scale Datasets for Smart Contract Weaknesses in DApp Projects

Zibin Zheng, Jianzhong Su, Jiachi Chen, David Lo · 6 authors

The Smart Contract Weakness Classification Registry (SWC Registry) is a widely recognized list of smart contract weaknesses specific to the Ethereum platform. Despite the SWC Registry not being updated with new entries since 2020, the sustained development of smart contract analysis tools for detecting SWC-listed weaknesses highlights their ongoing significance in the field. However, evaluating these tools has proven challenging due to the absence of a large, unbiased, real-world dataset. To address this problem, we aim to build a large-scale SWC weakness dataset from real-world DApp projects. We recruited 22 participants and spent 44 person-months analyzing 1,199 open-source audit reports from 29 security teams. In total, we identified 9,154 weaknesses and developed two distinct datasets, i.e., DAPPSCAN-SOURCE and DAPPSCAN-BYTECODE. The DAPPSCAN-SOURCE dataset comprises 39,904 Solidity files, featuring 1,618 SWC weaknesses sourced from 682 real-world DApp projects. However, the Solidity files in this dataset may not be directly compilable for further analysis. To facilitate automated analysis, we developed a tool capable of automatically identifying dependency relationships within DApp projects and completing missing public libraries. Using this tool, we created DAPPSCAN-BYTECODE dataset, which consists of 6,665 compiled smart contract with 888 SWC weaknesses. Based on DAPPSCAN-BYTECODE, we conducted an empirical study to evaluate the performance of state-of-the-art smart contract weakness detection tools. The evaluation results revealed sub-par performance for these tools in terms of both effectiveness and success detection rate, indicating that future development should prioritize real-world datasets over simplistic toy contracts.

Open access
3 source records
Big Data and Business Intelligence
Modeling, Simulation, and Optimization
Reservoir Engineering and Simulation Methods
Original source
May 14, 2023·39th IEEE/ACM International Conference on Automated Software Engineering, October 27-November 1, 2024, Sacramento, CA, USA
4 cites
HighGuard: Cross-Chain Business Logic Monitoring of Smart Contracts

Mojtaba Eshghie, Cyrille Artho, Hans Stammler, Wolfgang Ahrendt · 6 authors

Logical flaws in smart contracts are often exploited, leading to significant financial losses. Our tool, HighGuard, detects transactions that violate business logic specifications of smart contracts. HighGuard employs dynamic condition response (DCR) graph models as formal specifications to verify contract execution against these models. It is capable of operating in a cross-chain environment for detecting business logic flaws across different blockchain platforms. We demonstrate HighGuard's effectiveness in identifying deviations from specified behaviors in smart contracts without requiring code instrumentation or incurring additional gas costs. By using precise specifications in the monitor, HighGuard achieves detection without false positives. Our evaluation, involving 54 exploits, confirms HighGuard's effectiveness in detecting business logic vulnerabilities. Our open-source implementation of HighGuard and a screencast of its usage are available at: https://github.com/mojtaba-eshghie/HighGuard https://www.youtube.com/watch?v=sZYVV-slDaY

Open access
3 source records
Blockchain Technology Applications and Security
Auction Theory and Applications
cs.CR
Original source
May 8, 2023·arXiv
0 cites
PBL: System for Creating and Maintaining Personal Blockchain Ledgers

Collin Connors, Dilip Sarkar

Blockchain technology has experienced substantial growth in recent years, yet the diversity of blockchain applications has been limited. Blockchain provides many desirable features for applications, including being append-only, immutable, tamper-evident, tamper-resistant, and fault-tolerant; however, many applications that would benefit from these features cannot incorporate current blockchains. This work presents a novel architecture for creating and maintaining personal blockchain ledgers that address these concerns. Our system utilizes independent modular services, enabling individuals to securely store their data in a personal blockchain ledger. Unlike traditional blockchain, which stores all transactions of multiple users, our novel personal blockchains are designed to allow individuals to maintain their privacy without requiring extensive technical expertise. Using rigorous mathematical methods, we prove that our system produces append-only, immutable, tamper-evident, tamper-resistant ledgers. Our system addresses use cases not addressed by traditional blockchain development platforms. Our system creates a new blockchain paradigm, enabling more individuals and applications to leverage blockchain technology for their needs.

Open access
cs.CR
cs.SE
Original source
May 5, 2023·arXiv
15 cites
Blockchain for smart cities improvement: an architecture proposal

Marco Fiore, Marina Mongiello

The combination between innovative topics and emerging technologies lets researchers define new processes and models. New needs regard the definition of modular and scalable approaches, with society and environment in mind. An important topic to focus on is the smart city one. The use of emerging technologies lets smart cities develop new processes to improve services offered from various actors, either industries or government. Smart cities were born to improve quality of life for citizens. To reach this goal, various approaches have been proposed, but they lack on a common interface to let each stakeholder communicate in a simple and fast way. This paper shows the proposal of an architecture to overcome the actual limitations of smart cities: it uses Blockchain technology as a distributed database to let everyone join the network and feel part of a community. Blockchain can improve processes development for smart cities. Scalability is granted thanks to a context-aware approach: applications do not need to know about the back-end implementation, they just need to adapt to an interface. With Blockchain, it is possible to collect data anonymously to make some statistical analysis, to access public records to ensure security in the city and to guarantee the origin of products and energy.

Open access
2 source records
cs.SE
Blockchain Technology Applications and Security
IoT and Edge/Fog Computing
Original source