Posted on July 21, 2017 at 10:00 PM
Tiziana Cimoli gives a talk to P2P Financial Systems 2017.
Tiziana Cimoli presents the paper Dissecting Ponzi schemes on Ethereum: identification, analysis, and impact at P2P Financial Systems 2017. The paper analyses Ponzi schemes, financial frauds which lure users under the promise of high profits. Smart contract platforms like Ethereum have provided a new opportunity: creating smart Ponzi schemes, "trustworthy" frauds that still make users lose money, but at least are guaranteed to execute "correctly". The paper is comprehensive survey of Ponzi schemes on Ethereum, analysing their behaviour and their impact from various viewpoints.