Enhancing Security in Blockchain Networks: Anomalies, Frauds, and Advanced Detection Techniques

arXiv:2402.11231v1 Announce Type: new
Abstract: Blockchain technology, a foundational distributed ledger system, enables secure and transparent multi-party transactions. Despite its advantages, blockchain networks are susceptible to anomalies and frauds, posing significant risks to their integrity and security. This paper offers a detailed examination of blockchain's key definitions and properties, alongside a thorough analysis of the various anomalies and frauds that undermine these networks. It describes an array of detection and prevention strategies, encompassing statistical and machine learning methods, game-theoretic solutions, …

advanced arxiv blockchain cs.cr definitions detection distributed distributed ledger integrity key ledger networks party q-fin.gn risks security system techniques technology transactions