Rethinking Blockchain Security: Position Paper

Conference paper (2019)

Authors

P.H. Hartel Singapore University of Technology and Design
Qingze Hum Singapore University of Technology and Design
Georgios Piliouras Singapore University of Technology and Design
Daniël Reijsbergen Singapore University of Technology and Design
Pawel Szalachowski Singapore University of Technology and Design
Faculty
Electrical Engineering, Mathematics and Computer Science
Copyright: © 2019 Vincent Chia, P.H. Hartel, Qingze Hum, Sebastian Ma, Georgios Piliouras, Daniël Reijsbergen, Mark van Staalduinen, Pawel Szalachowski
DOI
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https://doi.org/10.1109/Cybermatics_2018.2018.00222
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Published Date

2019

Language

English

Reuse Rights

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Faculty

Electrical Engineering, Mathematics and Computer Science

Abstract

Blockchain technology has become almost as famous for incidents involving security breaches as for its innovative potential. We shed light on the prevalence and nature of these incidents through a database structured using the STIX format. Apart from OPSEC-related incidents, we find that the nature of many incidents is specific to blockchain technology. Two categories stand out: smart contracts, and techno-economic protocol incentives. For smart contracts, we propose to use recent advances in software testing to find flaws before deployment. For protocols, we propose the PRESTO framework that allows us to compare different protocols within a five-dimensional framework.

Files

1806.04358.pdf
(.pdf | 0.262 Mb)