2 Search Results for "Penzkofer, Andreas"

Document
DOI: 10.4230/OASIcs.FMBC.2025.10
Program Logics for Ledgers

Authors: Orestis Melkonian, Wouter Swierstra, and James Chapman

Published in: OASIcs, Volume 129, 6th International Workshop on Formal Methods for Blockchains (FMBC 2025)

Abstract
Distributed ledgers nowadays manage substantial monetary funds in the form of cryptocurrencies such as Bitcoin, Ethereum, and Cardano. For such ledgers to be safe, operations that add new entries must be cryptographically sound - but it is less clear how to reason effectively about such ever-growing linear data structures. This paper demonstrates how distributed ledgers may be viewed as computer programs, that, when executed, transfer funds between various parties. As a result, familiar program logics, such as Hoare logic, are applied in a novel setting. Borrowing ideas from concurrent separation logic, this enables modular reasoning principles over arbitrary fragments of any ledger. All of our results have been mechanised in the Agda proof assistant.
Cite as

Orestis Melkonian, Wouter Swierstra, and James Chapman. Program Logics for Ledgers. In 6th International Workshop on Formal Methods for Blockchains (FMBC 2025). Open Access Series in Informatics (OASIcs), Volume 129, pp. 10:1-10:22, Schloss Dagstuhl – Leibniz-Zentrum für Informatik (2025)

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@InProceedings{melkonian_et_al:OASIcs.FMBC.2025.10,
  author =	{Melkonian, Orestis and Swierstra, Wouter and Chapman, James},
  title =	{{Program Logics for Ledgers}},
  booktitle =	{6th International Workshop on Formal Methods for Blockchains (FMBC 2025)},
  pages =	{10:1--10:22},
  series =	{Open Access Series in Informatics (OASIcs)},
  ISBN =	{978-3-95977-371-3},
  ISSN =	{2190-6807},
  year =	{2025},
  volume =	{129},
  editor =	{Marmsoler, Diego and Xu, Meng},
  publisher =	{Schloss Dagstuhl -- Leibniz-Zentrum f{\"u}r Informatik},
  address =	{Dagstuhl, Germany},
  URL =		{https://drops.dagstuhl.de/entities/document/10.4230/OASIcs.FMBC.2025.10},
  URN =		{urn:nbn:de:0030-drops-230370},
  doi =		{10.4230/OASIcs.FMBC.2025.10},
  annote =	{Keywords: blockchain, distributed ledgers, UTxO separation logic, program semantics, formal verification, Agda}
}
Document
DOI: 10.4230/OASIcs.Tokenomics.2020.8
Parasite Chain Detection in the IOTA Protocol

Authors: Andreas Penzkofer, Bartosz Kusmierz, Angelo Capossele, William Sanders, and Olivia Saa

Published in: OASIcs, Volume 82, 2nd International Conference on Blockchain Economics, Security and Protocols (Tokenomics 2020)

Abstract
In recent years several distributed ledger technologies based on directed acyclic graphs (DAGs) have appeared on the market. Similar to blockchain technologies, DAG-based systems aim to build an immutable ledger and are faced with security concerns regarding the irreversibility of the ledger state. However, due to their more complex nature and recent popularity, the study of adversarial actions has received little attention so far. In this paper we are concerned with a particular type of attack on the IOTA cryptocurrency, more specifically a Parasite Chain attack that attempts to revert the history stored in the DAG structure, also called the Tangle. In order to improve the security of the Tangle, we present a detection mechanism for this type of attack. In this mechanism, we embrace the complexity of the DAG structure by sampling certain aspects of it, more particularly the distribution of the number of approvers. We initially describe models that predict the distribution that should be expected for a Tangle without any malicious actors. We then introduce metrics that compare this reference distribution with the measured distribution. Upon detection, measures can then be taken to render the attack unsuccessful. We show that due to a form of the Parasite Chain that is different from the main Tangle it is possible to detect certain types of malicious chains. We also show that although the attacker may change the structure of the Parasite Chain to avoid detection, this is done so at a significant cost since the attack is rendered less efficient.
Cite as

Andreas Penzkofer, Bartosz Kusmierz, Angelo Capossele, William Sanders, and Olivia Saa. Parasite Chain Detection in the IOTA Protocol. In 2nd International Conference on Blockchain Economics, Security and Protocols (Tokenomics 2020). Open Access Series in Informatics (OASIcs), Volume 82, pp. 8:1-8:18, Schloss Dagstuhl – Leibniz-Zentrum für Informatik (2021)

Copy BibTex To Clipboard

@InProceedings{penzkofer_et_al:OASIcs.Tokenomics.2020.8,
  author =	{Penzkofer, Andreas and Kusmierz, Bartosz and Capossele, Angelo and Sanders, William and Saa, Olivia},
  title =	{{Parasite Chain Detection in the IOTA Protocol}},
  booktitle =	{2nd International Conference on Blockchain Economics, Security and Protocols (Tokenomics 2020)},
  pages =	{8:1--8:18},
  series =	{Open Access Series in Informatics (OASIcs)},
  ISBN =	{978-3-95977-157-3},
  ISSN =	{2190-6807},
  year =	{2021},
  volume =	{82},
  editor =	{Anceaume, Emmanuelle and Bisi\`{e}re, Christophe and Bouvard, Matthieu and Bramas, Quentin and Casamatta, Catherine},
  publisher =	{Schloss Dagstuhl -- Leibniz-Zentrum f{\"u}r Informatik},
  address =	{Dagstuhl, Germany},
  URL =		{https://drops.dagstuhl.de/entities/document/10.4230/OASIcs.Tokenomics.2020.8},
  URN =		{urn:nbn:de:0030-drops-135306},
  doi =		{10.4230/OASIcs.Tokenomics.2020.8},
  annote =	{Keywords: Distributed ledger technology, cryptocurrency, directed acyclic graph, security, attack detection algorithm}
}
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