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Secure compilation of rich smart contracts on poor UTXO blockchains
April 23, 2024, 4:11 a.m. | Massimo Bartoletti, Riccardo Marchesin, Roberto Zunino
cs.CR updates on arXiv.org arxiv.org
Abstract: Most blockchain platforms from Ethereum onwards render smart contracts as stateful reactive objects that update their state and transfer crypto-assets in response to transactions. A drawback of this design is that when users submit a transaction, they cannot predict in which state it will be executed. This exposes them to transaction-ordering attacks, a widespread class of attacks where adversaries with the power to construct blocks of transactions can extract value from smart contracts (the so-called …
arxiv assets blockchain blockchains contracts crypto cs.cr design ethereum platforms poor predict response smart smart contracts state transaction transactions transfer update
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