Ο φοιτητής του προγράμματος Γεώργιος Τσούμας θα παρουσιάσει τη διπλωματική του εργασία με θέμα:
DeFi vulnerabilities in the eUTxO model
την Τρίτη 24 Σεπτεμβρίου 2024 και ώρα 18:30, στην αίθουσα 1.1.31 Παλ. Κτ. Ηλεκτρολόγων ΕΜΠ.
Σύνοψη Διπλωματικής:
Miner Extractable Value (MEV) refers to the additional profits block producers can earn by manipulating the inclusion and ordering of transactions within a block. This practice, known as transaction reordering attacks, typically targets Decentralized Finance (DeFi) transactions. MEV incidents alone cost the Ethereum ecosystem over $350 million in 2023.
MEV opportunities are specific to the underlying blockchain infrastructure, including network topology, smart contract logic, and accounting model. While MEV in Ethereum has been well-studied in the academic literature, there has been little research on MEV in the eUTxO model.
In this work, we present the necessary background knowledge regarding MEV in the eUTxO model. We compare the account-based and eUTxO accounting models in the context of MEV. Additionally, we introduce the major Decentralized Exchange (DEX) paradigms, namely Constant Product Market Makers and Limit Order Books. Finally, we offer a game-theoretic definition of MEV and analyze three vulnerabilities within Cardano's eUTxO DeFi ecosystem.
Η Επιτροπή,
Αριστείδης Παγουρτζής (Επιβλέπων),
Σχολή Ηλεκτρολόγων Μηχανικών και Μηχανικών Υπολογιστών, Ε.Μ.Π.
Δημήτριος Φωτάκης,
Σχολή Ηλεκτρολόγων Μηχανικών και Μηχανικών Υπολογιστών, Ε.Μ.Π.
Νικόλαος Λεονάρδος,
Σχολή Ηλεκτρολόγων Μηχανικών και Μηχανικών Υπολογιστών, Ε.Μ.Π.