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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.
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 espe
Smart Contracts (SCs) in Ethereum can automate tasks and provide different functionalities to a user. Such automation is enabled by the `Turing-complete nature of the programming language (Solidity) in which SCs are written. This also opens up differ
Smart contracts are programs running on cryptocurrency (e.g., Ethereum) blockchains, whose popularity stem from the possibility to perform financial transactions, such as payments and auctions, in a distributed environment without need for any truste
In this work we propose Dynamit, a monitoring framework to detect reentrancy vulnerabilities in Ethereum smart contracts. The novelty of our framework is that it relies only on transaction metadata and balance data from the blockchain system; our app
With its unique advantages such as decentralization and immutability, blockchain technology has been widely used in various fields in recent years. The smart contract running on the blockchain is also playing an increasingly important role in decentr