Quantitative analysis of smart contracts (fairness)

Abstract

Smart contracts are self-executing digital contracts that enables trust, transparency, and automation on various blockchains to facilitate transactions. However, ensuring fairness in smart contracts have always been a critical challenge (Singh, 2019) due to users’ technical inability to analyse the contract code being executed. This project will illustrate and categorise existing malicious attacks on smart contracts into standards for evaluating fairness. These standards will then be used to analyse smart contract transactions in popular gaming decentralised applications. Our findings indicated that even smart contracts in the highest grossing applications are not perfect and contains flaws that could undermine their reliability.