A Survey on Long-Range Attacks for Proof of Stake Protocols

Despite common arguments about the prevalence of blockchain technology, in terms of security, privacy, and immutability, in reality, several attacks can be launched against them. This paper provides a systematic literature review on long-range attacks for proof of stake protocols. If successful, the...

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Main Authors: Evangelos Deirmentzoglou, Georgios Papakyriakopoulos, Constantinos Patsakis
Format: Article
Language:English
Published: IEEE 2019-01-01
Series:IEEE Access
Subjects:
Online Access:https://ieeexplore.ieee.org/document/8653269/
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author Evangelos Deirmentzoglou
Georgios Papakyriakopoulos
Constantinos Patsakis
author_facet Evangelos Deirmentzoglou
Georgios Papakyriakopoulos
Constantinos Patsakis
author_sort Evangelos Deirmentzoglou
collection DOAJ
description Despite common arguments about the prevalence of blockchain technology, in terms of security, privacy, and immutability, in reality, several attacks can be launched against them. This paper provides a systematic literature review on long-range attacks for proof of stake protocols. If successful, these attacks may take over the main chain and partially, or even completely, rewrite the history of transactions that are stored in the blockchain. To this end, we describe how proof of stake protocols work, their fundamental properties, their drawbacks, and their attack surface. After presenting long-range attacks, we discuss possible countermeasures and their applicability.
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spelling doaj.art-9c2617dcb4474e5aa4df3550e212e0ab2022-12-21T22:57:13ZengIEEEIEEE Access2169-35362019-01-017287122872510.1109/ACCESS.2019.29018588653269A Survey on Long-Range Attacks for Proof of Stake ProtocolsEvangelos Deirmentzoglou0Georgios Papakyriakopoulos1Constantinos Patsakis2https://orcid.org/0000-0002-4460-9331Department of Informatics, University of Piraeus, Piraeus, GreeceCisco Security Services, Marousi, GreeceDepartment of Informatics, University of Piraeus, Piraeus, GreeceDespite common arguments about the prevalence of blockchain technology, in terms of security, privacy, and immutability, in reality, several attacks can be launched against them. This paper provides a systematic literature review on long-range attacks for proof of stake protocols. If successful, these attacks may take over the main chain and partially, or even completely, rewrite the history of transactions that are stored in the blockchain. To this end, we describe how proof of stake protocols work, their fundamental properties, their drawbacks, and their attack surface. After presenting long-range attacks, we discuss possible countermeasures and their applicability.https://ieeexplore.ieee.org/document/8653269/Blockchain and proof of stake and long-range attacks
spellingShingle Evangelos Deirmentzoglou
Georgios Papakyriakopoulos
Constantinos Patsakis
A Survey on Long-Range Attacks for Proof of Stake Protocols
IEEE Access
Blockchain and proof of stake and long-range attacks
title A Survey on Long-Range Attacks for Proof of Stake Protocols
title_full A Survey on Long-Range Attacks for Proof of Stake Protocols
title_fullStr A Survey on Long-Range Attacks for Proof of Stake Protocols
title_full_unstemmed A Survey on Long-Range Attacks for Proof of Stake Protocols
title_short A Survey on Long-Range Attacks for Proof of Stake Protocols
title_sort survey on long range attacks for proof of stake protocols
topic Blockchain and proof of stake and long-range attacks
url https://ieeexplore.ieee.org/document/8653269/
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