Conformance evaluation of the top‐100 Ethereum token smart contracts with Ethereum Request for Comment‐20 functional specifications
Abstract This study is an attempt to evaluate the compliance problem regarding the current status of the establishment of agreed‐upon interfaces for tokens, which are the most important type of applications of the Ethereum blockchain. The authors analysed the existing application programming interfa...
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| Format: | Article |
| Language: | English |
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Wiley
2022-04-01
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| Series: | IET Software |
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| Online Access: | https://doi.org/10.1049/sfw2.12056 |
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| author | Hyeon‐Ah Moon Sooyong Park |
| author_facet | Hyeon‐Ah Moon Sooyong Park |
| author_sort | Hyeon‐Ah Moon |
| collection | DOAJ |
| description | Abstract This study is an attempt to evaluate the compliance problem regarding the current status of the establishment of agreed‐upon interfaces for tokens, which are the most important type of applications of the Ethereum blockchain. The authors analysed the existing application programming interface standard interface called Ethereum Request for Comment 20 (ERC‐20), proposed functional ERC‐20 specifications, and evaluated the real‐world token smart contracts that have been deployed and used for transactions on a blockchain. For the evaluation, the authors developed an automatic tool with a test suite based on the proposed functional specifications. The authors' experiment revealed that no top‐100 market capitalization token smart contracts turned out to agree perfectly based on the functional specifications. In addition, the authors found the de facto standard behaviour deduced through testing with the functional specifications and suggested a possible countermeasure for the compliance problem in dealing with multiple tokens together. |
| format | Article |
| id | doaj-art-245e2c4d7bfd4cffabd775a37fe71ec8 |
| institution | Kabale University |
| issn | 1751-8806 1751-8814 |
| language | English |
| publishDate | 2022-04-01 |
| publisher | Wiley |
| record_format | Article |
| series | IET Software |
| spelling | doaj-art-245e2c4d7bfd4cffabd775a37fe71ec82025-02-03T01:29:38ZengWileyIET Software1751-88061751-88142022-04-0116223324910.1049/sfw2.12056Conformance evaluation of the top‐100 Ethereum token smart contracts with Ethereum Request for Comment‐20 functional specificationsHyeon‐Ah Moon0Sooyong Park1Department of Computer Science and Engineering Sogang University Seoul KoreaDepartment of Computer Science and Engineering Sogang University Seoul KoreaAbstract This study is an attempt to evaluate the compliance problem regarding the current status of the establishment of agreed‐upon interfaces for tokens, which are the most important type of applications of the Ethereum blockchain. The authors analysed the existing application programming interface standard interface called Ethereum Request for Comment 20 (ERC‐20), proposed functional ERC‐20 specifications, and evaluated the real‐world token smart contracts that have been deployed and used for transactions on a blockchain. For the evaluation, the authors developed an automatic tool with a test suite based on the proposed functional specifications. The authors' experiment revealed that no top‐100 market capitalization token smart contracts turned out to agree perfectly based on the functional specifications. In addition, the authors found the de facto standard behaviour deduced through testing with the functional specifications and suggested a possible countermeasure for the compliance problem in dealing with multiple tokens together.https://doi.org/10.1049/sfw2.12056application program interfacesblockchainscontracts |
| spellingShingle | Hyeon‐Ah Moon Sooyong Park Conformance evaluation of the top‐100 Ethereum token smart contracts with Ethereum Request for Comment‐20 functional specifications IET Software application program interfaces blockchains contracts |
| title | Conformance evaluation of the top‐100 Ethereum token smart contracts with Ethereum Request for Comment‐20 functional specifications |
| title_full | Conformance evaluation of the top‐100 Ethereum token smart contracts with Ethereum Request for Comment‐20 functional specifications |
| title_fullStr | Conformance evaluation of the top‐100 Ethereum token smart contracts with Ethereum Request for Comment‐20 functional specifications |
| title_full_unstemmed | Conformance evaluation of the top‐100 Ethereum token smart contracts with Ethereum Request for Comment‐20 functional specifications |
| title_short | Conformance evaluation of the top‐100 Ethereum token smart contracts with Ethereum Request for Comment‐20 functional specifications |
| title_sort | conformance evaluation of the top 100 ethereum token smart contracts with ethereum request for comment 20 functional specifications |
| topic | application program interfaces blockchains contracts |
| url | https://doi.org/10.1049/sfw2.12056 |
| work_keys_str_mv | AT hyeonahmoon conformanceevaluationofthetop100ethereumtokensmartcontractswithethereumrequestforcomment20functionalspecifications AT sooyongpark conformanceevaluationofthetop100ethereumtokensmartcontractswithethereumrequestforcomment20functionalspecifications |