Collaborative Learning Framework to Detect Attacks in Transactions and Smart Contracts

TL;DR

This paper introduces a collaborative learning framework that detects blockchain attacks by analyzing transaction features and visual representations, achieving high accuracy and real-time detection without centralized data collection.

Contribution

It presents a novel collaborative learning approach with a unique visualization tool for detecting diverse blockchain attacks at distributed nodes.

Findings

Detection accuracy of approximately 94% in simulations

Real-time detection accuracy of 91%

Throughput of over 2,150 transactions per second

Abstract

With the escalating prevalence of malicious activities exploiting vulnerabilities in blockchain systems, there is an urgent requirement for robust attack detection mechanisms. To address this challenge, this paper presents a novel collaborative learning framework designed to detect attacks in blockchain transactions and smart contracts by analyzing transaction features. Our framework exhibits the capability to classify various types of blockchain attacks, including intricate attacks at the machine code level (e.g., injecting malicious codes to withdraw coins from users unlawfully), which typically necessitate significant time and security expertise to detect. To achieve that, the proposed framework incorporates a unique tool that transforms transaction features into visual representations, facilitating efficient analysis and classification of low-level machine codes. Furthermore, we propose an advanced collaborative learning model to enable real-time detection of diverse attack types at distributed mining nodes. Our model can efficiently detect attacks in smart contracts and transactions for blockchain systems without the need to gather all data from mining nodes into a centralized server. In order to evaluate the performance of our proposed framework, we deploy a pilot system based on a private Ethereum network and conduct multiple attack scenarios to generate a novel dataset. To the best of our knowledge, our dataset is the most comprehensive and diverse collection of transactions and smart contracts synthesized in a laboratory for cyberattack detection in blockchain systems. Our framework achieves a detection accuracy of approximately 94% through extensive simulations and 91% in real-time experiments with a throughput of over 2,150 transactions per second.