Blockchain

Watch Your Language: Our First Vyper Audit

A lot of companies are working on Ethereum smart contracts, yet writing secure contracts remains a difficult task. You still have to avoid common pitfalls, compiler issues, and constantly check your code for recently discovered risks. A recurrent source of vulnerabilities comes from the early state of the programming languages available. Most developers are using […]

246 Findings From our Smart Contract Audits: An Executive Summary

Alex Groce
Until now, smart contract security researchers (and developers) have been frustrated by limited information about the actual flaws that survive serious development efforts. That limitation increases the risk of making critical smart contracts vulnerable, misallocating resources for risk reduction, and missing opportunities to employ automated analysis tools. We’re changing that. Today, Trail of Bits is […]

On LibraBFT’s use of broadcasts

Sam Moelius
LibraBFT is the Byzantine Fault Tolerant (BFT) consensus algorithm used by the recently released Libra cryptocurrency. LibraBFT is based on another BFT consensus algorithm called HotStuff. While some have noted the similarities between the two algorithms, they differ in some crucial respects. In this post we highlight one such difference: in LibraBFT, non-leaders perform broadcasts. […]

Avoiding Smart Contract “Gridlock” with Slither

Rajeev Gopalakrishna
A denial-of-service (DoS) vulnerability, dubbed ‘Gridlock,’ was publicly reported on July 1st in one of Edgeware’s smart contracts deployed on Ethereum. As much as $900 million worth of Ether may have been processed by this contract. Edgeware has since acknowledged and fixed the “fatal bug.” When we heard about Gridlock, we ran Slither on the […]

State of the Art Proof-of-Work: RandomX

Trail of Bits
RandomX is a new ASIC and GPU-resistant proof-of-work (PoW) algorithm originally developed for Monero, but potentially useful in any blockchain using PoW that wants to bias towards general purpose CPUs. Trail of Bits was contracted by Arweave to review this novel algorithm in a two person-week engagement and provide guidance on alternate parameter selection. But […]

Panicking the right way in Go

Sam Moelius
A common Go idiom is to (1) panic, (2) recover from the panic in a deferred function, and (3) continue on. In general, this is okay, so long there are no global state changes between the entry point to the function calling defer, and the point at which the panic occurs. Such global state changes […]

Slither: The Leading Static Analyzer for Smart Contracts

Gustavo Grieco
We have published an academic paper on Slither, our static analysis framework for smart contracts, in the International Workshop on Emerging Trends in Software Engineering for Blockchain (WETSEB), colocated with ICSE. Our paper shows that Slither’s bug detection outperforms other static analysis tools for finding issues in smart contracts in terms of speed, robustness, and […]

Empire Hacking: Ethereum Edition 2

Evan Sultanik
On December 12, over 150 attendees joined a special, half-day Empire Hacking to learn about pitfalls in smart contract security and how to avoid them. Thank you to everyone who came, to our superb speakers, and to BuzzFeed for hosting this meetup at their office. Watch the presentations again It’s hard to find such rich […]

10 Rules for the Secure Use of Cryptocurrency Hardware Wallets

Mike Myers
Earlier this year, the Web3 Foundation (W3F) commissioned Trail of Bits for a security review and assessment of the risks in storing cryptocurrency. Everyone who owns cryptocurrency — from large institutions to individual enthusiasts — shares the W3F’s concerns. In service to the broader community, the W3F encouraged us to publish our recommendations for the […]

Return of the Blockchain Security Empire Hacking

Trail of Bits
Remember last December’s Empire Hacking? The one where we dedicated the event to sharing the best information about blockchain and smart contract security? Let’s do that again, and let’s make it a tradition; a half-day mini conference focused exclusively on a single topic every December. On December 12, please join us at Buzzfeed’s NYC offices […]

Trail of Bits @ Devcon IV Recap

We wanted to make up for missing the first three Devcons, so we participated in this year’s event through a number of talks, a panel, and two trainings. For those of you who couldn’t join us, we’ve summarized our contributions below. We hope to see you there next year. Using Manticore and Symbolic Execution to […]

How contract migration works

Smart contracts can be compromised: they can have bugs, the owner’s wallet can be stolen, or they can be trapped due to an incorrect setting. If you develop a smart contract for your business, you must be prepared to react to events such as these. In many cases, the only available solution is to deploy […]