Rethinking Blockchain Security: Position Paper

Vincent Chia; Pieter Hartel; Qingze Hum; Sebastian Ma; Georgios Piliouras; Daniël Reijsbergen; Mark van Staalduinen; Pawel Szalachowski

doi:10.1109/Cybermatics_2018.2018.00222

Rethinking Blockchain Security: Position Paper

Vincent Chia, Pieter Hartel, Qingze Hum, Sebastian Ma, Georgios Piliouras, Daniël Reijsbergen, Mark van Staalduinen, Pawel Szalachowski

Research output: Chapter in Book/Conference proceedings/Edited volume › Conference contribution › Scientific › peer-review

14 Citations (Scopus)

224 Downloads (Pure)

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.

Original language	English
Title of host publication	2018 IEEE Confs on Internet of Things, Green Computing and Communications, Cyber, Physical and Social Computing, Smart Data, Blockchain, Computer and Information Technology, Congress on Cybermatics
Publisher	IEEE
Pages	1273-1280
Number of pages	8
DOIs	https://doi.org/10.1109/Cybermatics_2018.2018.00222
Publication status	Published - 2019
Externally published	Yes

Access to Document

10.1109/Cybermatics_2018.2018.00222

1806.04358Submitted manuscript, 200 KB

Cite this

Chia, V., Hartel, P., Hum, Q., Ma, S., Piliouras, G., Reijsbergen, D., van Staalduinen, M., & Szalachowski, P. (2019). Rethinking Blockchain Security: Position Paper. In 2018 IEEE Confs on Internet of Things, Green Computing and Communications, Cyber, Physical and Social Computing, Smart Data, Blockchain, Computer and Information Technology, Congress on Cybermatics (pp. 1273-1280). IEEE. https://doi.org/10.1109/Cybermatics_2018.2018.00222

@inproceedings{7ae0b69527fd41c881ab0ab16fa364cd,

title = "Rethinking Blockchain Security: Position Paper",

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.",

author = "Vincent Chia and Pieter Hartel and Qingze Hum and Sebastian Ma and Georgios Piliouras and Dani{\"e}l Reijsbergen and {van Staalduinen}, Mark and Pawel Szalachowski",

year = "2019",

doi = "10.1109/Cybermatics_2018.2018.00222",

language = "English",

pages = "1273--1280",

booktitle = "2018 IEEE Confs on Internet of Things, Green Computing and Communications, Cyber, Physical and Social Computing, Smart Data, Blockchain, Computer and Information Technology, Congress on Cybermatics",

publisher = "IEEE",

address = "United States",

}

Chia, V, Hartel, P, Hum, Q, Ma, S, Piliouras, G, Reijsbergen, D, van Staalduinen, M & Szalachowski, P 2019, Rethinking Blockchain Security: Position Paper. in 2018 IEEE Confs on Internet of Things, Green Computing and Communications, Cyber, Physical and Social Computing, Smart Data, Blockchain, Computer and Information Technology, Congress on Cybermatics. IEEE, pp. 1273-1280. https://doi.org/10.1109/Cybermatics_2018.2018.00222

Rethinking Blockchain Security: Position Paper. / Chia, Vincent; Hartel, Pieter; Hum, Qingze et al.
2018 IEEE Confs on Internet of Things, Green Computing and Communications, Cyber, Physical and Social Computing, Smart Data, Blockchain, Computer and Information Technology, Congress on Cybermatics. IEEE, 2019. p. 1273-1280.

Research output: Chapter in Book/Conference proceedings/Edited volume › Conference contribution › Scientific › peer-review

TY - GEN

T1 - Rethinking Blockchain Security: Position Paper

AU - Chia, Vincent

AU - Hartel, Pieter

AU - Hum, Qingze

AU - Ma, Sebastian

AU - Piliouras, Georgios

AU - Reijsbergen, Daniël

AU - van Staalduinen, Mark

AU - Szalachowski, Pawel

PY - 2019

Y1 - 2019

N2 - 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.

AB - 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.

U2 - 10.1109/Cybermatics_2018.2018.00222

DO - 10.1109/Cybermatics_2018.2018.00222

M3 - Conference contribution

SP - 1273

EP - 1280

BT - 2018 IEEE Confs on Internet of Things, Green Computing and Communications, Cyber, Physical and Social Computing, Smart Data, Blockchain, Computer and Information Technology, Congress on Cybermatics

PB - IEEE

ER -

Chia V, Hartel P, Hum Q, Ma S, Piliouras G, Reijsbergen D et al. Rethinking Blockchain Security: Position Paper. In 2018 IEEE Confs on Internet of Things, Green Computing and Communications, Cyber, Physical and Social Computing, Smart Data, Blockchain, Computer and Information Technology, Congress on Cybermatics. IEEE. 2019. p. 1273-1280 doi: 10.1109/Cybermatics_2018.2018.00222

Rethinking Blockchain Security: Position Paper

Abstract

Access to Document

Fingerprint

Cite this