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Open Access. Powered by Scholars. Published by Universities.®

Technology and Innovation

Singapore Management University

Research Collection School Of Computing and Information Systems

2020

Blockchains

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Coinwatch: A Clone-Based Approach For Detecting Vulnerabilities In Cryptocurrencies, Qingze Hum, Wei Jin Tan, Shi Ying Tey, Latasha Lenus, Ivan Homoliak, Yun Lin, Jun Sun Nov 2020

Coinwatch: A Clone-Based Approach For Detecting Vulnerabilities In Cryptocurrencies, Qingze Hum, Wei Jin Tan, Shi Ying Tey, Latasha Lenus, Ivan Homoliak, Yun Lin, Jun Sun

Research Collection School Of Computing and Information Systems

Cryptocurrencies have become very popular in recent years. Thousands of new cryptocurrencies have emerged, proposing new and novel techniques that improve on Bitcoin's core innovation of the blockchain data structure and consensus mechanism. However, cryptocurrencies are a major target for cyber-attacks, as they can be sold on exchanges anonymously and most cryptocurrencies have their codebases publicly available. One particular issue is the prevalence of code clones in cryptocurrencies, which may amplify security threats. If a vulnerability is found in one cryptocurrency, it might be propagated into other cloned cryptocurrencies. In this work, we propose a systematic remedy to this problem, …