A Proxy-Layer Approach to Secure Smart Contract Deployment on Private EVM-Based PoA Blockchains

Wang, Yonghao and Ali, Jahid and Arshad, Junaid and Liu, Yunxia (2023) A Proxy-Layer Approach to Secure Smart Contract Deployment on Private EVM-Based PoA Blockchains. In: 2023 IEEE International Conference on Blockchain (Blockchain), 17th - 21st December 2023, Danzhou, China.

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Abstract

Within the enterprise sector, there is a growing trend of adopting private and consortium blockchains to leverage the benefits of blockchain technology. Networks based on Proof-of-Authority (PoA) and compatible with the Ethereum Virtual Machine (EVM) are particularly advantageous in this scenario, providing both efficiency and straightforward setup. While private blockchains inherently enhance security by their permissioned nature, which restricts node participation to authorised entities only, it's crucial to recognise the ongoing necessity for additional safeguards. These safeguards are essential to guarantee that only verified and trustworthy smart contracts are deployed. A key concern in this realm is addressing particular attack vectors, such as front-running attacks. This paper presents an innovative proxy-layer solution designed to integrate effortlessly with any EVM-compatible blockchain, thereby strengthening both governance and security aspects.

Item Type: Conference or Workshop Item (Paper)
Identification Number: https://doi.org/10.1109/Blockchain60715.2023.00027
Dates:
DateEvent
10 November 2023Accepted
Subjects: CAH11 - computing > CAH11-01 - computing > CAH11-01-01 - computer science
CAH11 - computing > CAH11-01 - computing > CAH11-01-02 - information technology
CAH11 - computing > CAH11-01 - computing > CAH11-01-03 - information systems
Divisions: Faculty of Computing, Engineering and the Built Environment > School of Computing and Digital Technology
Depositing User: Yonghao Wang
Date Deposited: 26 Feb 2024 16:55
Last Modified: 26 Feb 2024 16:55
URI: https://www.open-access.bcu.ac.uk/id/eprint/15290

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