Subscribe to the gold package and get unlimited access to Shamra Academy
Register a new userExploiting The Laws of Order in Smart Contracts
71
0
0.0
(
0
)
Added by
Aashish Kolluri
Publication date
2018
fields
Informatics Engineering
and research's language is
English
Ask ChatGPT about the research
No Arabic abstract
We investigate a family of bugs in blockchain-based smart contracts, which we call event-ordering (or EO) bugs. These bugs are intimately related to the dynamic ordering of contract events, i.e., calls of its functions on the blockchain, and enable potential exploits of millions of USD worth of Ether. Known examples of such bugs and prior techniques to detect them have been restricted to a small number of event orderings, typicall 1 or 2. Our work provides a new formulation of this general class of EO bugs as finding concurrency properties arising in long permutations of such events. The technical challenge in detecting our formulation of EO bugs is the inherent combinatorial blowup in path and state space analysis, even for simple contracts. We propose the first use of partial-order reduction techniques, using happen-before relations extracted automatically for contracts, along with several other optimizations built on a dynamic symbolic execution technique. We build an automatic tool called ETHRACER that requires no hints from users and runs directly on Ethereum bytecode. It flags 7-11% of over ten thousand contracts analyzed in roughly 18.5 minutes per contract, providing compact event traces that human analysts can run as witnesses. These witnesses are so compact that confirmations require only a few minutes of human effort. Half of the flagged contracts have subtle EO bugs, including in ERC-20 contracts that carry hundreds of millions of dollars worth of Ether. Thus, ETHRACER is effective at detecting a subtle yet dangerous class of bugs which existing tools miss.
rate research
Read More
Large commercial buildings are complex cyber-physical systems containing expensive and critical equipment that ensure the safety and comfort of their numerous occupants. Yet occupant and visitor access to spaces and equipment within these buildings are still managed through unsystematic, inefficient, and human-intensive processes. As a standard practice, long-term building occupants are given access privileges to rooms and equipment based on their organizational roles, while visitors have to be escorted by their hosts. This approach is conservative and inflexible. In this paper, we describe a methodology that can flexibly and securely manage building access privileges for long-term occupants and short-term visitors alike, taking into account the risk associated with accessing each space within the building. Our methodology relies on blockchain smart contracts to describe, grant, audit, and revoke fine-grained permissions for building occupants and visitors, in a decentralized fashion. The smart contracts are specified through a process that leverages the information compiled from Brick and BOT models of the building. We illustrate the proposed method through a typical application scenario in the context of a real office building and argue that it can greatly reduce the administration overhead, while, at the same time, providing fine-grained, auditable access control.
Smart contracts are programs running on blockchain to execute transactions. When input constraints or security properties are violated at runtime, the transaction being executed by a smart contract needs to be reverted to avoid undesirable consequences. On Ethereum, the most popular blockchain that supports smart contracts, developers can choose among three transaction-reverting statements (i.e., require, if...revert, and if...throw) to handle anomalous transactions. While these transaction-reverting statements are vital for preventing smart contracts from exhibiting abnormal behaviors or suffering malicious attacks, there is limited understanding of how they are used in practice. In this work, we perform the first empirical study to characterize transaction-reverting statements in Ethereum smart contracts. We measured the prevalence of these statements in 3,866 verified smart contracts from popular dapps and built a taxonomy of their purposes via manually analyzing 557 transaction-reverting statements. We also compared template contracts and their corresponding custom contracts to understand how developers customize the use of transaction-reverting statements. Finally, we analyzed the security impact of transaction-reverting statements by removing them from smart contracts and comparing the mutated contracts against the original ones. Our study led to important findings, which can shed light on further research in the broad area of smart contract quality assurance and provide practical guidance to smart contract developers on the appropriate use of transaction-reverting statements.
We introduce the Clockwork Finance Framework (CFF), a general purpose, formal verification framework for mechanized reasoning about the economic security properties of composed decentralized-finance (DeFi) smart contracts. CFF features three key properties. It is contract complete, meaning that it can model any smart contract platform and all its contracts -- Turing complete or otherwise. It does so with asymptotically optimal model size. It is also attack-exhaustive by construction, meaning that it can automatically and mechanically extract all possible economic attacks on users cryptocurrency across modeled contracts. Thanks to these properties, CFF can support multiple goals: economic security analysis of contracts by developers, analysis of DeFi trading risks by users, and optimization of arbitrage opportunities by bots or miners. Because CFF offers composability, it can support these goals with reasoning over any desired set of potentially interacting smart contract models. We instantiate CFF as an executable model for Ethereum contracts that incorporates a state-of-the-art deductive verifier. Building on previous work, we introduce extractable value (EV), a new formal notion of economic security in composed DeFi contracts that is both a basis for CFF analyses and of general interest. We construct modular, human-readable, composable CFF models of four popular, deployed DeFi protocols in Ethereum: Uniswap, Uniswap V2, Sushiswap, and MakerDAO, representing a combined 17 billion USD in value as of August 2021. We uses these models to show experimentally that CFF is practical and can drive useful, data-based EV-based insights from real world transaction activity. Without any explicitly programmed attack strategies, CFF uncovers on average an expected $56 million of EV per month in the recent past.
Recent attacks exploiting errors in smart contract code had devastating consequences thereby questioning the benefits of this technology. It is currently highly challenging to fix errors and deploy a patched contract in time. Instant patching is especially important since smart contracts are always online due to the distributed nature of blockchain systems. They also manage considerable amounts of assets, which are at risk and often beyond recovery after an attack. Existing solutions to upgrade smart contracts depend on manual and error-prone processes. This paper presents a framework, called EVMPatch, to instantly and automatically patch faulty smart contracts. EVMPatch features a bytecode rewriting engine for the popular Ethereum blockchain, and transparently/automatically rewrites common off-the-shelf contracts to upgradable contracts. The proof-of-concept implementation of EVMPatch automatically hardens smart contracts that are vulnerable to integer over/underflows and access control errors, but can be easily extended to cover more bug classes. Our extensive evaluation on 14,000 real-world (vulnerable) contracts demonstrate that our approach successfully blocks attack transactions launched on these contracts, while keeping the intended functionality of the contract intact. We perform a study with experienced software developers, showing that EVMPatch is practical, and reduces the time for converting a given Solidity smart contract to an upgradable contract by 97.6 %, while ensuring functional equivalence to the original contract.
Despite the high stakes involved in smart contracts, they are often developed in an undisciplined manner, leaving the security and reliability of blockchain transactions at risk. In this paper, we introduce ContraMaster: an oracle-supported dynamic exploit generation framework for smart contracts. Existing approaches mutate only single transactions; ContraMaster exceeds these by mutating the transaction sequences. ContraMaster uses data-flow, control-flow, and the dynamic contract state to guide its mutations. It then monitors the executions of target contract programs, and validates the results against a general-purpose semantic test oracle to discover vulnerabilities. Being a dynamic technique, it guarantees that each discovered vulnerability is a violation of the test oracle and is able to generate the attack script to exploit this vulnerability. In contrast to rule-based approaches, ContraMaster has not shown any false positives, and it easily generalizes to unknown types of vulnerabilities (e.g., logic errors). We evaluate ContraMaster on 218 vulnerable smart contracts. The experimental results confirm its practical applicability and advantages over the state-of-the-art techniques, and also reveal three new types of attacks.
Log in to be able to interact and post comments
comments
Fetching comments
Sign in to be able to follow your search criteria
