Verification of Cryptocurrency Mining Using Ethereum
With advancement in computer technology, financial technology has also evolved. Blockchain technology has evolved over the past decade; however, this has also resulted in some malicious attacks. To earn mining rewards of a blockchain, a new type of attack, called cryptojacking, has emerged in the on...
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Format: | Article |
Language: | English |
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IEEE
2020-01-01
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Series: | IEEE Access |
Subjects: | |
Online Access: | https://ieeexplore.ieee.org/document/9127452/ |
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author | Dong-Her Shih Ting-Wei Wu Tzu-Hsin Hsu Po-Yuan Shih David C. Yen |
author_facet | Dong-Her Shih Ting-Wei Wu Tzu-Hsin Hsu Po-Yuan Shih David C. Yen |
author_sort | Dong-Her Shih |
collection | DOAJ |
description | With advancement in computer technology, financial technology has also evolved. Blockchain technology has evolved over the past decade; however, this has also resulted in some malicious attacks. To earn mining rewards of a blockchain, a new type of attack, called cryptojacking, has emerged in the online world. This attack uses the computer resources of a victim to obtain mining rewards without user confirmation. However, this monetization model was originally intended to replace advertising as a source of revenue for a website. To resolve such problems, a storage verification architecture based on smart contracts was proposed in the study. The decentralized system of blockchain enables users to identify and participate in verification of mining sites through Ethereum smart contracts. |
first_indexed | 2024-12-14T16:56:57Z |
format | Article |
id | doaj.art-2a927a3f1b0d4e0da36897d1295b21a5 |
institution | Directory Open Access Journal |
issn | 2169-3536 |
language | English |
last_indexed | 2024-12-14T16:56:57Z |
publishDate | 2020-01-01 |
publisher | IEEE |
record_format | Article |
series | IEEE Access |
spelling | doaj.art-2a927a3f1b0d4e0da36897d1295b21a52022-12-21T22:53:56ZengIEEEIEEE Access2169-35362020-01-01812035112036010.1109/ACCESS.2020.30055239127452Verification of Cryptocurrency Mining Using EthereumDong-Her Shih0https://orcid.org/0000-0003-1605-8488Ting-Wei Wu1Tzu-Hsin Hsu2Po-Yuan Shih3David C. Yen4Department of Information Management, National Yunlin University of Science and Technology, Douliu, TaiwanDepartment of Information Management, National Yunlin University of Science and Technology, Douliu, TaiwanDepartment of Information Management, National Yunlin University of Science and Technology, Douliu, TaiwanDepartment of Finance, National Yunlin University of Science and Technology, Douliu, TaiwanJesse H. Jones School of Business, Texas Southern University, Houston, TX, USAWith advancement in computer technology, financial technology has also evolved. Blockchain technology has evolved over the past decade; however, this has also resulted in some malicious attacks. To earn mining rewards of a blockchain, a new type of attack, called cryptojacking, has emerged in the online world. This attack uses the computer resources of a victim to obtain mining rewards without user confirmation. However, this monetization model was originally intended to replace advertising as a source of revenue for a website. To resolve such problems, a storage verification architecture based on smart contracts was proposed in the study. The decentralized system of blockchain enables users to identify and participate in verification of mining sites through Ethereum smart contracts.https://ieeexplore.ieee.org/document/9127452/Blockchainscryptojackingmalicious detectionsmart contracts |
spellingShingle | Dong-Her Shih Ting-Wei Wu Tzu-Hsin Hsu Po-Yuan Shih David C. Yen Verification of Cryptocurrency Mining Using Ethereum IEEE Access Blockchains cryptojacking malicious detection smart contracts |
title | Verification of Cryptocurrency Mining Using Ethereum |
title_full | Verification of Cryptocurrency Mining Using Ethereum |
title_fullStr | Verification of Cryptocurrency Mining Using Ethereum |
title_full_unstemmed | Verification of Cryptocurrency Mining Using Ethereum |
title_short | Verification of Cryptocurrency Mining Using Ethereum |
title_sort | verification of cryptocurrency mining using ethereum |
topic | Blockchains cryptojacking malicious detection smart contracts |
url | https://ieeexplore.ieee.org/document/9127452/ |
work_keys_str_mv | AT donghershih verificationofcryptocurrencyminingusingethereum AT tingweiwu verificationofcryptocurrencyminingusingethereum AT tzuhsinhsu verificationofcryptocurrencyminingusingethereum AT poyuanshih verificationofcryptocurrencyminingusingethereum AT davidcyen verificationofcryptocurrencyminingusingethereum |