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Title:

Trusting a Smart Contract Means Trusting Its Owners: Understanding Centralization Risk

Document type:
Konferenzbeitrag
Contribution type:
Textbeitrag / Aufsatz
Author(s):
Lamby, Metin; Zieglmeier, Valentin; Ziegler, Christian
Abstract:
Smart contract access control mechanisms can introduce centralization into supposedly decentralized ecosystems. In our view, such centralization is an overlooked risk of smart contracts that underlies well-known smart contract security incidents. Critically, mitigating the known vulnerability of missing permission verification by implementing authorization patterns can in turn introduce centralization. To delineate the issue, we define centralization risk and describe smart contract source code...     »
Book / Congress title:
Proceedings of the 5th Conference on Blockchain Research & Applications for Innovative Networks and Services (BRAINS)
Publisher:
IEEE
Date of publication:
17.11.2023
Year:
2023
Pages:
4
E-ISBN:
979-8-3503-1782-4
Fulltext / DOI:
doi:10.1109/brains59668.2023.10316813
WWW:
arXiv version
 BibTeX