Matches in SemOpenAlex for { <https://semopenalex.org/work/W3202168831> ?p ?o ?g. }
Showing items 1 to 76 of
76
with 100 items per page.
- W3202168831 endingPage "37" @default.
- W3202168831 startingPage "22" @default.
- W3202168831 abstract "ERC20 token is the most popular type of Ethereum smart contract. The daily transaction volume of these tokens exceeds 100 billion dollars, which agitates the popular notions of “decentralized banking” and “tokenized economy”. Yet, it is a common misconception to assume that the decentralization of blockchain entails the decentralization of smart contracts deployed on this blockchain. In practice, the developers of smart contracts implement administrating patterns, such as censoring certain users, creating or destroying balances on demand, destroying smart contracts, or injecting arbitrary code. These routines, which are designed to tightly control the operation of these smart contracts, turn an ERC20 token into an administrated token—the type of Ethereum smart contract that we scrutinize in this research.We discover that many smart contracts are administrated, which means that their owners solely possess an omnipotent power over these contracts. Moreover, the owners of these tokens carry lesser social and legal responsibilities compared to the traditional centralized actors that those tokens intend to disrupt. This entails two major problems: a) the owners of the tokens have the ability to quickly steal all the funds and disappear from the market; and b) if the private key of the owner’s account is stolen, all the assets might immediately turn into the property of the attacker. Therefore, the administrated ERC20 tokens are not only dissimilar to the traditional centralized asset management tools, such as banks, but they are also more vulnerable to adversarial actions by their owners or attackers. We develop a pattern recognition framework based on 9 syntactic features characterizing administrated ERC20 tokens, which we use to analyze existing smart contracts deployed on Ethereum Mainnet. Our analysis of 84,062 unique Ethereum smart contracts reveals that nearly 58% of them are administrated ERC20 tokens, which accounts for almost 90% of all ERC20 tokens deployed on Ethereum.To protect users from the frivolousness of unregulated token owners without depriving the ability of these owners to properly manage their tokens, we introduce SafelyAdministrated—a library that enforces a responsible ownership and management of ERC20 tokens. The library introduces three mechanisms: deferred maintenance, board of trustees and safe pause. We implement and test SafelyAdministrated in the form of Solidity abstract contract, which is ready to be used by the next generation of safely administrated ERC20 tokens." @default.
- W3202168831 created "2021-10-11" @default.
- W3202168831 creator A5035545617 @default.
- W3202168831 creator A5084076598 @default.
- W3202168831 creator A5085356579 @default.
- W3202168831 date "2021-01-01" @default.
- W3202168831 modified "2023-09-23" @default.
- W3202168831 title "Rectifying Administrated ERC20 Tokens" @default.
- W3202168831 cites W2539190473 @default.
- W3202168831 cites W2805052744 @default.
- W3202168831 cites W2963782114 @default.
- W3202168831 cites W2980412466 @default.
- W3202168831 cites W2987160260 @default.
- W3202168831 cites W3042705426 @default.
- W3202168831 cites W3092117182 @default.
- W3202168831 cites W3124772058 @default.
- W3202168831 cites W3164834272 @default.
- W3202168831 doi "https://doi.org/10.1007/978-3-030-86890-1_2" @default.
- W3202168831 hasPublicationYear "2021" @default.
- W3202168831 type Work @default.
- W3202168831 sameAs 3202168831 @default.
- W3202168831 citedByCount "3" @default.
- W3202168831 countsByYear W32021688312023 @default.
- W3202168831 crossrefType "book-chapter" @default.
- W3202168831 hasAuthorship W3202168831A5035545617 @default.
- W3202168831 hasAuthorship W3202168831A5084076598 @default.
- W3202168831 hasAuthorship W3202168831A5085356579 @default.
- W3202168831 hasBestOaLocation W32021688312 @default.
- W3202168831 hasConcept C108827166 @default.
- W3202168831 hasConcept C136810230 @default.
- W3202168831 hasConcept C144133560 @default.
- W3202168831 hasConcept C17744445 @default.
- W3202168831 hasConcept C199539241 @default.
- W3202168831 hasConcept C2779687700 @default.
- W3202168831 hasConcept C2779950589 @default.
- W3202168831 hasConcept C2781198186 @default.
- W3202168831 hasConcept C38652104 @default.
- W3202168831 hasConcept C40700 @default.
- W3202168831 hasConcept C41008148 @default.
- W3202168831 hasConcept C48145219 @default.
- W3202168831 hasConcept C75949130 @default.
- W3202168831 hasConcept C77088390 @default.
- W3202168831 hasConceptScore W3202168831C108827166 @default.
- W3202168831 hasConceptScore W3202168831C136810230 @default.
- W3202168831 hasConceptScore W3202168831C144133560 @default.
- W3202168831 hasConceptScore W3202168831C17744445 @default.
- W3202168831 hasConceptScore W3202168831C199539241 @default.
- W3202168831 hasConceptScore W3202168831C2779687700 @default.
- W3202168831 hasConceptScore W3202168831C2779950589 @default.
- W3202168831 hasConceptScore W3202168831C2781198186 @default.
- W3202168831 hasConceptScore W3202168831C38652104 @default.
- W3202168831 hasConceptScore W3202168831C40700 @default.
- W3202168831 hasConceptScore W3202168831C41008148 @default.
- W3202168831 hasConceptScore W3202168831C48145219 @default.
- W3202168831 hasConceptScore W3202168831C75949130 @default.
- W3202168831 hasConceptScore W3202168831C77088390 @default.
- W3202168831 hasLocation W32021688311 @default.
- W3202168831 hasLocation W32021688312 @default.
- W3202168831 hasOpenAccess W3202168831 @default.
- W3202168831 hasPrimaryLocation W32021688311 @default.
- W3202168831 hasRelatedWork W2736664038 @default.
- W3202168831 hasRelatedWork W2752531342 @default.
- W3202168831 hasRelatedWork W3012979604 @default.
- W3202168831 hasRelatedWork W3022096245 @default.
- W3202168831 hasRelatedWork W3081780520 @default.
- W3202168831 hasRelatedWork W3121084347 @default.
- W3202168831 hasRelatedWork W3129565431 @default.
- W3202168831 hasRelatedWork W4285887170 @default.
- W3202168831 hasRelatedWork W4295694437 @default.
- W3202168831 hasRelatedWork W4319150668 @default.
- W3202168831 isParatext "false" @default.
- W3202168831 isRetracted "false" @default.
- W3202168831 magId "3202168831" @default.
- W3202168831 workType "book-chapter" @default.