How to break IOTA heart by replaying?

Gerard de Roode, Ikram Ullah, Paul J.M. Havinga

Research output: Contribution to conferencePaperpeer-review

845 Downloads (Pure)

Abstract

IOTA is a novel cryptocurrency that uses distributed ledger technology based on directed acyclic graph data structure. Security of cryptocurrencies ought to be scrutinized in order to acquire esteemed security, attain trust, and accomplish indelible adoption. Although IOTA proffer resilient security controls, IOTA security is not yet well explored. Among all the propounded IOTA vulnerabilities that have been identified, we pragmatically exploit replay attack against IOTA. We further analyze the attack to perceive its impact. Attack methodology and proof of concept for the replay attack is presented. Our proposed exploitation methodology is based upon address reuse, while IOTA in default mode does not reuse addresses. Distrust, and privation of balance can be some of the severe impacts of this vulnerability.
Original languageEnglish
Number of pages7
Publication statusPublished - Dec 2018
Event2018 IEEE Global Communications Conference, GLOBECOM 2018: Gateway to a Connected World - Abu Dhabi National Exhibition Centre (ADNEC), Abu Dhabi, United Arab Emirates
Duration: 9 Dec 201813 Dec 2018

Conference

Conference2018 IEEE Global Communications Conference, GLOBECOM 2018
Abbreviated titleGLOBECOM
CountryUnited Arab Emirates
CityAbu Dhabi
Period9/12/1813/12/18

Keywords

  • IOTA
  • Blockchain
  • cryptocurrency
  • security exploitation
  • replay attack

Fingerprint Dive into the research topics of 'How to break IOTA heart by replaying?'. Together they form a unique fingerprint.

Cite this