Rethinking Blockchain Security: Position Paper

Vincent Chia, Pieter Hartel, Qingze Hum, Sebastian Ma, Georgios Piliouras, Daniël Reijsbergen, Mark van Staalduinen, Pawel Szalachowski

Research output: Chapter in Book/Conference proceedings/Edited volumeConference contributionScientificpeer-review

10 Citations (Scopus)
195 Downloads (Pure)


Blockchain technology has become almost as famous for incidents involving security breaches as for its innovative potential. We shed light on the prevalence and nature of these incidents through a database structured using the STIX format. Apart from OPSEC-related incidents, we find that the nature of many incidents is specific to blockchain technology. Two categories stand out: smart contracts, and techno-economic protocol incentives. For smart contracts, we propose to use recent advances in software testing to find flaws before deployment. For protocols, we propose the PRESTO framework that allows us to compare different protocols within a five-dimensional framework.
Original languageEnglish
Title of host publication2018 IEEE Confs on Internet of Things, Green Computing and Communications, Cyber, Physical and Social Computing, Smart Data, Blockchain, Computer and Information Technology, Congress on Cybermatics
Number of pages8
Publication statusPublished - 2019
Externally publishedYes


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