3 Search Results for "Amores-Sesar, Ignacio"

Document
DOI: 10.4230/LIPIcs.OPODIS.2023.12
Eating Sandwiches: Modular and Lightweight Elimination of Transaction Reordering Attacks

Authors: Orestis Alpos, Ignacio Amores-Sesar, Christian Cachin, and Michelle Yeo

Published in: LIPIcs, Volume 286, 27th International Conference on Principles of Distributed Systems (OPODIS 2023)

Abstract
Traditional blockchains grant the miner of a block full control not only over which transactions but also their order. This constitutes a major flaw discovered with the introduction of decentralized finance and allows miners to perform MEV attacks. In this paper, we address the issue of sandwich attacks by providing a construction that takes as input a blockchain protocol and outputs a new blockchain protocol with the same security but in which sandwich attacks are not profitable. Furthermore, our protocol is fully decentralized with no trusted third parties or heavy cryptography primitives and carries a linear increase in latency and minimum computation overhead.
Cite as

Orestis Alpos, Ignacio Amores-Sesar, Christian Cachin, and Michelle Yeo. Eating Sandwiches: Modular and Lightweight Elimination of Transaction Reordering Attacks. In 27th International Conference on Principles of Distributed Systems (OPODIS 2023). Leibniz International Proceedings in Informatics (LIPIcs), Volume 286, pp. 12:1-12:22, Schloss Dagstuhl – Leibniz-Zentrum für Informatik (2024)

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@InProceedings{alpos_et_al:LIPIcs.OPODIS.2023.12,
  author =	{Alpos, Orestis and Amores-Sesar, Ignacio and Cachin, Christian and Yeo, Michelle},
  title =	{{Eating Sandwiches: Modular and Lightweight Elimination of Transaction Reordering Attacks}},
  booktitle =	{27th International Conference on Principles of Distributed Systems (OPODIS 2023)},
  pages =	{12:1--12:22},
  series =	{Leibniz International Proceedings in Informatics (LIPIcs)},
  ISBN =	{978-3-95977-308-9},
  ISSN =	{1868-8969},
  year =	{2024},
  volume =	{286},
  editor =	{Bessani, Alysson and D\'{e}fago, Xavier and Nakamura, Junya and Wada, Koichi and Yamauchi, Yukiko},
  publisher =	{Schloss Dagstuhl -- Leibniz-Zentrum f{\"u}r Informatik},
  address =	{Dagstuhl, Germany},
  URL =		{https://drops-dev.dagstuhl.de/entities/document/10.4230/LIPIcs.OPODIS.2023.12},
  URN =		{urn:nbn:de:0030-drops-195029},
  doi =		{10.4230/LIPIcs.OPODIS.2023.12},
  annote =	{Keywords: Consensus, MEV, Byzantine behavior, Rational behavior}
}
Document
DOI: 10.4230/LIPIcs.OPODIS.2022.10
When Is Spring Coming? A Security Analysis of Avalanche Consensus

Authors: Ignacio Amores-Sesar, Christian Cachin, and Enrico Tedeschi

Published in: LIPIcs, Volume 253, 26th International Conference on Principles of Distributed Systems (OPODIS 2022)

Abstract
Avalanche is a blockchain consensus protocol with exceptionally low latency and high throughput. This has swiftly established the corresponding token as a top-tier cryptocurrency. Avalanche achieves such remarkable metrics by substituting proof of work with a random sampling mechanism. The protocol also differs from Bitcoin, Ethereum, and many others by forming a directed acyclic graph (DAG) instead of a chain. It does not totally order all transactions, establishes a partial order among them, and accepts transactions in the DAG that satisfy specific properties. Such parallelism is widely regarded as a technique that increases the efficiency of consensus. Despite its success, Avalanche consensus lacks a complete abstract specification and a matching formal analysis. To address this drawback, this work provides first a detailed formulation of Avalanche through pseudocode. This includes features that are omitted from the original whitepaper or are only vaguely explained in the documentation. Second, the paper gives an analysis of the formal properties fulfilled by Avalanche in the sense of a generic broadcast protocol that only orders related transactions. Last but not least, the analysis reveals a vulnerability that affects the liveness of the protocol. A possible solution that addresses the problem is also proposed.
Cite as

Ignacio Amores-Sesar, Christian Cachin, and Enrico Tedeschi. When Is Spring Coming? A Security Analysis of Avalanche Consensus. In 26th International Conference on Principles of Distributed Systems (OPODIS 2022). Leibniz International Proceedings in Informatics (LIPIcs), Volume 253, pp. 10:1-10:22, Schloss Dagstuhl – Leibniz-Zentrum für Informatik (2023)

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@InProceedings{amoressesar_et_al:LIPIcs.OPODIS.2022.10,
  author =	{Amores-Sesar, Ignacio and Cachin, Christian and Tedeschi, Enrico},
  title =	{{When Is Spring Coming? A Security Analysis of Avalanche Consensus}},
  booktitle =	{26th International Conference on Principles of Distributed Systems (OPODIS 2022)},
  pages =	{10:1--10:22},
  series =	{Leibniz International Proceedings in Informatics (LIPIcs)},
  ISBN =	{978-3-95977-265-5},
  ISSN =	{1868-8969},
  year =	{2023},
  volume =	{253},
  editor =	{Hillel, Eshcar and Palmieri, Roberto and Rivi\`{e}re, Etienne},
  publisher =	{Schloss Dagstuhl -- Leibniz-Zentrum f{\"u}r Informatik},
  address =	{Dagstuhl, Germany},
  URL =		{https://drops-dev.dagstuhl.de/entities/document/10.4230/LIPIcs.OPODIS.2022.10},
  URN =		{urn:nbn:de:0030-drops-176307},
  doi =		{10.4230/LIPIcs.OPODIS.2022.10},
  annote =	{Keywords: Avalanche, security analysis, generic broadcast}
}
Document
DOI: 10.4230/LIPIcs.OPODIS.2020.10
Security Analysis of Ripple Consensus

Authors: Ignacio Amores-Sesar, Christian Cachin, and Jovana Mićić

Published in: LIPIcs, Volume 184, 24th International Conference on Principles of Distributed Systems (OPODIS 2020)

Abstract
The Ripple network is one of the most prominent blockchain platforms and its native XRP token currently has one of the highest cryptocurrency market capitalizations. The Ripple consensus protocol powers this network and is generally considered to a Byzantine fault-tolerant agreement protocol, which can reach consensus in the presence of faulty or malicious nodes. In contrast to traditional Byzantine agreement protocols, there is no global knowledge of all participating nodes in Ripple consensus; instead, each node declares a list of other nodes that it trusts and from which it considers votes. Previous work has brought up concerns about the liveness and safety of the consensus protocol under the general assumptions stated initially by Ripple, and there is currently no appropriate understanding of its workings and its properties in the literature. This paper closes this gap and makes two contributions. It first provides a detailed, abstract description of the protocol, which has been derived from the source code. Second, the paper points out that the abstract protocol may violate safety and liveness in several simple executions under relatively benign network assumptions.
Cite as

Ignacio Amores-Sesar, Christian Cachin, and Jovana Mićić. Security Analysis of Ripple Consensus. In 24th International Conference on Principles of Distributed Systems (OPODIS 2020). Leibniz International Proceedings in Informatics (LIPIcs), Volume 184, pp. 10:1-10:16, Schloss Dagstuhl – Leibniz-Zentrum für Informatik (2021)

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@InProceedings{amoressesar_et_al:LIPIcs.OPODIS.2020.10,
  author =	{Amores-Sesar, Ignacio and Cachin, Christian and Mi\'{c}i\'{c}, Jovana},
  title =	{{Security Analysis of Ripple Consensus}},
  booktitle =	{24th International Conference on Principles of Distributed Systems (OPODIS 2020)},
  pages =	{10:1--10:16},
  series =	{Leibniz International Proceedings in Informatics (LIPIcs)},
  ISBN =	{978-3-95977-176-4},
  ISSN =	{1868-8969},
  year =	{2021},
  volume =	{184},
  editor =	{Bramas, Quentin and Oshman, Rotem and Romano, Paolo},
  publisher =	{Schloss Dagstuhl -- Leibniz-Zentrum f{\"u}r Informatik},
  address =	{Dagstuhl, Germany},
  URL =		{https://drops-dev.dagstuhl.de/entities/document/10.4230/LIPIcs.OPODIS.2020.10},
  URN =		{urn:nbn:de:0030-drops-134956},
  doi =		{10.4230/LIPIcs.OPODIS.2020.10},
  annote =	{Keywords: Ripple, Blockchain, Quorums, Consensus}
}
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