Abstract

Verification of Ethereum Smart Contracts: A Model Checking Approach

Highlights

  • In recent years, technologies and computer ecosystems have evolved tremendously, which cause many positive impacts on modern societies

  • We propose a new process for auditing Ethereum smart contracts

  • We get some other new states and start comparing it with the first ones to give conclusions. Applying this technique would benefit both average users without any technical knowledge and security experts as well

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Summary

Introduction

Technologies and computer ecosystems have evolved tremendously, which cause many positive impacts on modern societies. From the Internet of Things to artificial intelligence and blockchain technology, they have shown to be applicable in many fields including financial industries [1], cross-industry [2] and public sector [3]. Blockchain seems to be one of the most disruptive technologies because its mechanics are likely to have more influence on high-tech industries over the few years [4]. The blockchain is not a new technology; this technology has gained a great effect in this decade. This is a huge step forward in decentralized systems and distributed applications. To eliminate the need for trusted third parties, blockchain was developed to work on a peer-to-peer network that implements its peers to agree on the trading transactions

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