CRAug 30, 2025
A Trust-Centric Approach To Quantifying Maturity and Security in Internet Voting ProtocolsStanisław Barański, Ben Biedermann, Joshua Ellul
Voting is a cornerstone of collective participatory decision-making in contexts ranging from political elections to decentralized autonomous organizations (DAOs). Despite the proliferation of internet voting protocols promising enhanced accessibility and efficiency, their evaluation and comparison are complicated by a lack of standardized criteria and unified definitions of security and maturity. Furthermore, socio-technical requirements by decision makers are not structurally taken into consideration when comparing internet voting systems. This paper addresses this gap by introducing a trust-centric maturity scoring framework to quantify the security and maturity of seventeen internet voting systems. A comprehensive trust model analysis is conducted for selected internet voting protocols, examining their security properties, trust assumptions, technical complexity, and practical usability. In this paper we propose the Internet Voting Maturity Framework (IVMF) which supports nuanced assessment that reflects real-world deployment concerns and aids decision-makers in selecting appropriate systems tailored to their specific use-case requirements. The framework is general enough to be applied to other systems, where the aspects of decentralization, trust, and security are crucial, such as digital identity, Ethereum layer-two scaling solutions, and federated data infrastructures. Its objective is to provide an extendable toolkit for policy makers and technology experts alike that normalizes technical and non-technical requirements on a univariate scale.
CRMar 14, 2025
Identifying Likely-Reputable Blockchain Projects on EthereumCyrus Malik, Josef Bajada, Joshua Ellul
Identifying reputable Ethereum projects remains a critical challenge within the expanding blockchain ecosystem. The ability to distinguish between legitimate initiatives and potentially fraudulent schemes is non-trivial. This work presents a systematic approach that integrates multiple data sources with advanced analytics to evaluate credibility, transparency, and overall trustworthiness. The methodology applies machine learning techniques to analyse transaction histories on the Ethereum blockchain. The study classifies accounts based on a dataset comprising 2,179 entities linked to illicit activities and 3,977 associated with reputable projects. Using the LightGBM algorithm, the approach achieves an average accuracy of 0.984 and an average AUC of 0.999, validated through 10-fold cross-validation. Key influential factors include time differences between transactions and received_tnx. The proposed methodology provides a robust mechanism for identifying reputable Ethereum projects, fostering a more secure and transparent investment environment. By equipping stakeholders with data-driven insights, this research enables more informed decision-making, risk mitigation, and the promotion of legitimate blockchain initiatives. Furthermore, it lays the foundation for future advancements in trust assessment methodologies, contributing to the continued development and maturity of the Ethereum ecosystem.
LGMar 21, 2025
Enhanced Smart Contract Reputability Analysis using Multimodal Data Fusion on EthereumCyrus Malik, Josef Bajada, Joshua Ellul
The evaluation of smart contract reputability is essential to foster trust in decentralized ecosystems. However, existing methods that rely solely on code analysis or transactional data, offer limited insight into evolving trustworthiness. We propose a multimodal data fusion framework that integrates code features with transactional data to enhance reputability prediction. Our framework initially focuses on AI-based code analysis, utilizing GAN-augmented opcode embeddings to address class imbalance, achieving 97.67% accuracy and a recall of 0.942 in detecting illicit contracts, surpassing traditional oversampling methods. This forms the crux of a reputability-centric fusion strategy, where combining code and transactional data improves recall by 7.25% over single-source models, demonstrating robust performance across validation sets. By providing a holistic view of smart contract behaviour, our approach enhances the model's ability to assess reputability, identify fraudulent activities, and predict anomalous patterns. These capabilities contribute to more accurate reputability assessments, proactive risk mitigation, and enhanced blockchain security.
SEMay 25, 2025
An Initial Exploration of Fine-tuning Small Language Models for Smart Contract Reentrancy Vulnerability DetectionIgnacio Mariano Andreozzi Pofcher, Joshua Ellul
Large Language Models (LLMs) are being used more and more for various coding tasks, including to help coders identify bugs and are a promising avenue to support coders in various tasks including vulnerability detection -- particularly given the flexibility of such generative AI models and tools. Yet for many tasks it may not be suitable to use LLMs, for which it may be more suitable to use smaller language models that can fit and easily execute and train on a developer's computer. In this paper we explore and evaluate whether smaller language models can be fine-tuned to achieve reasonable results for a niche area: vulnerability detection -- specifically focusing on detecting the reentrancy bug in Solidity smart contracts.
DCMay 13, 2021
Towards External Calls for Blockchain and Distributed Ledger TechnologyJoshua Ellul, Gordon J. Pace
It is widely accepted that blockchain systems cannot execute calls to external systems or services due to each node having to reach a deterministic state. However, in this paper we show that this belief is preconceived by demonstrating a method that enables blockchain and distributed ledger technologies to perform calls to external systems initiated from the blockchain/DLT itself.
CRApr 12, 2021
EtherClue: Digital investigation of attacks on Ethereum smart contractsSimon Joseph Aquilina, Fran Casino, Mark Vella et al.
Programming errors in Ethereum smart contracts can result in catastrophic financial losses from stolen cryptocurrency. While vulnerability detectors can prevent vulnerable contracts from being deployed, this does not mean that such contracts will not be deployed. Once a vulnerable contract is instantiated on the blockchain and becomes the target of attacks, the identification of exploit transactions becomes indispensable in assessing whether it has been actually exploited and identifying which malicious or subverted accounts were involved. In this work, we study the problem of post-factum investigation of Ethereum attacks using Indicators of Compromise (IoCs) specially crafted for use in the blockchain. IoC definitions need to capture the side-effects of successful exploitation in the context of the Ethereum blockchain. Therefore, we define a model for smart contract execution, comprising multiple abstraction levels that mirror the multiple views of code execution on a blockchain. Subsequently, we compare IoCs defined across the different levels in terms of their effectiveness and practicality through EtherClue, a prototype tool for investigating Ethereum security incidents. Our results illustrate that coarse-grained IoCs defined over blocks of transactions can detect exploit transactions with less computation; however, they are contract-specific and suffer from false negatives. On the other hand, fine-grained IoCs defined over virtual machine instructions can avoid these pitfalls at the expense of increased computation which are nevertheless applicable for practical use.