<p dir="ltr">Blockchain technology, once the backbone of Bitcoin, has burgeoned into a powerhouse of potential, signaling a revolutionary shift across various sectors, including finance, supply chains, and digital identity. This paradigm shift, which replaces trust in centralized entities with a decentralized ledger of transparency, is rapidly gaining traction among global entities. Despite the promise, blockchain's smart contract evolution has also introduced significant risks, as demonstrated by notorious breaches like the DAO hack. This research offers a dual-focused inquiry into the technological sophistication and social implications of blockchain, particularly smart contracts, assessing both their promise and their perils. It meticulously examines their design, potential vulnerabilities, and recounts sobering lessons from historical breaches.</p><p dir="ltr">To address these concerns, the study presents advanced strategies for vulnerability detection and proactive remedies, recognizing the critical need for security in our digitally convergent economy. In Chapter 3, a novel methodology is employed that uses a comprehensive dataset against advanced detection tools, aiming to address and mitigate vulnerabilities. Chapter 4 provides empirical evidence of the methodology's efficacy, underpinning a critical discussion with real-world applicability and challenges.</p><p dir="ltr">Ultimately, this paper acts as a clarion call for vigilant and innovative strides in blockchain security, emphasizing the technology's vast capabilities against the need for solidified trust. It invites the global research community to join a collaborative effort in addressing the open challenges and fostering advancements to ensure the safe expansion of blockchain technology.</p>
Identifer | oai:union.ndltd.org:purdue.edu/oai:figshare.com:article/25356028 |
Date | 06 March 2024 |
Creators | Zhen Li (18115456) |
Source Sets | Purdue University |
Detected Language | English |
Type | Text, Thesis |
Rights | CC BY 4.0 |
Relation | https://figshare.com/articles/thesis/ON_THE_AUTOMATIC_REPAIR_OF_SMART_CONTRACTS_IN_BLOCKCHAIN/25356028 |
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