Smart Contracts Security Threats and Solutions

Senou Mahugnon Rosaire and Degila Jules
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Senou Mahugnon Rosaire: Institute of Mathematics and Physics, University of Abomey-Calavi, Benin
Degila Jules: Institute of Mathematics and Physics, University of Abomey-Calavi, Benin

International Journal of Information Technology and Web Engineering (IJITWE), 2022, vol. 17, issue 1, 1-30

Abstract: Blockchain-enabled smart contracts are subjected to several issues leading to vigorous attacks such as the decentralized autonomous organization (DAO) and the ParitySig bug on the Ethereum platform with disastrous consequences. Several solutions have been proposed. However, new threats are identified as technology evolves and new solutions are produced, while some older threats remain unsolved. Thus, the need to fill the gap with a more comprehensive survey on existing issues and solutions for researchers and practitioners arises. The resulting updated database will become an essential means for choosing a particular solution for a specific subject. In this review, the authors embrace mainly codifying security privacy and performance issues and their respective solutions. Each problem is attached to its corresponding solutions when they exist. A summary of the threats and solutions is provided as well as the relationship between threat importance and the given answers. They finally enumerate some directives for future works.

Date: 2022
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