Analysing Attacks on Blockchain Systems in a Layer-based Approach

• URL: http://arxiv.org/abs/2409.10109v1
• Date: Mon, 16 Sep 2024 09:17:18 GMT
• Title: Analysing Attacks on Blockchain Systems in a Layer-based Approach
• Authors: Joydip Das, Syed Ashraf Al Tasin, Md. Forhad Rabbi, Md Sadek Ferdous,
• Abstract summary: There have been several major attacks on blockchain-based systems, leaving a gap in the trustability of this system. This article presents a comprehensive study of 23 attacks on blockchain systems and categorizes them using a layer-based approach.
• Score: 0.5999777817331317
• License: http://arxiv.org/licenses/nonexclusive-distrib/1.0/
• Abstract: Blockchain is a growing decentralized system built for transparency and immutability. There have been several major attacks on blockchain-based systems, leaving a gap in the trustability of this system. This article presents a comprehensive study of 23 attacks on blockchain systems and categorizes them using a layer-based approach. This approach provides an in-depth analysis of the feasibility and motivation of these attacks. In addition, a framework is proposed that enables a systematic analysis of the impact and interconnection of these attacks, thereby providing a means of identifying potential attack vectors and designing appropriate countermeasures to strengthen any blockchain system.

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