• Total Number Bitcoin (BTC)
  • Cardano (ADA) 2017 0.019 EUR 0.31 1.36 43.4 billion around 71% 45,000,000,000 Polkadot (DOT)
  • Litecoin (LTC) 2011 4.3 USD 124.67 176.31 11.8 billion around 79% 84,000,000 Bitcoin Cash (BCH)
  • Top 10 Web Application Security Risks Assess on Blockchain Technology Analysis Examples Injection
  • Sensitive Data Exposure
  • XML External Entities (XXE) Not applicable Broken Access Control
  • A survey on Blockchain Technology and its




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    Huaqun Xingjie - A Survey on blockchain Technology and its Security - 2022 March

    Launched 
    Year 
    Launched 
    Price 
    Unit Price on 
    Jan 1, 2021 
    (USD) 
    Unit Price on 
    Feb 27, 2021 
    (USD) 
    Market 
    capitalization 
    on Feb 27, 
    2021 (USD) 
    Mined 
    Numbers 
    Total Number 
    Bitcoin 
    (BTC) 
    2009 
    0.0008 USD
    28,994.01 
    47,781.33 
    890.6 billion 
    near 90% 
    21,000,000
    Ethereum 
    (ETH) 
    2014 
    Presale: 0.30 
    USD
    Homestead 
    launched: 
    12.50 USD
    737.71 
    1,502 
    172.5 billion 
    114.84M 
    Currently no 
    implemented hard cap, 
    & limited to 18 million 
    per year
    Cardano 
    (ADA) 
    2017 
    0.019 EUR
    0.31 
    1.36 
    43.4 billion 
    around 71% 
    45,000,000,000
    Polkadot 
    (DOT) 
    2020 
    1.2 USD
    9.12 
    33.64 
    30.7 billion 
    1,049,328,830 
    Does not have a 
    maximum supply
    Litecoin 
    (LTC) 
    2011 
    4.3 USD
    124.67 
    176.31 
    11.8 billion 
    around 79% 
    84,000,000
    Bitcoin Cash 
    (BCH) 
    2017 
    543 USD
    below 400
    501.3 
    9.4 billion 
    near 89% 
    21,000,000
    EOS 
    2017 
    2.29 USD
    2.5975 
    3.68 
    3.5 billion 
    near 93% 
    1,027,393,754 
    IOTA 
    2016 
    Unknown 
    0.2969 
    1.1532 
    3.2 billion 
    2,779,530,283 
    2,779,530,283
    Property 
    Title 
    Digital 
    Owner-
    ship 
    Intrusion 
    Detection 
    Digital 
    Records 
    Assets 
    Tracking 
    Law & 
    Enforce- 
    ment 
    Education 
    Voting 
    Identity 
    Management 
    Agricultural 
    Sector 
    Defense 
    Automotive 
    Mobile 
    Applications 
    Advertising 
    Society 
    Application

    Copyright 
    Protection 
    Energy 
    Reputation 
    System 
    Security 

    Privacy 
    IoT 
    Supply 
    Chain 
    Healthcare 
    Insurance 
    Cryptocurrency 
    And
    Finance 
    Journal Pre-proof


    C. Smart Dubai Office
    Dubai is investing in the Smart Dubai Office (SDO) and 
    adopts Blockchain technology to transform government from 
    a service provider to a service enabler at a city-wide scale. It 
    is funding Blockchain implementation at many levels. 
    • Government services are implemented with 
    Blockchain technology
    • Empower startups and businesses to create the 
    Blockchain industry
    • Set up a pioneer example for the government services 
    built upon the Blockchain technology. 
    V. 
    S
    ECURITY 
    R
    ISKS AND 
    A
    TTACKS WITH 
    B
    LOCKCHAIN
    As Blockchain is decentralized without engaging any third 
    party and needs to ensure trust in the trustless infrastructure, 
    security on Blockchain itself is worthy to conduct the 
    research. This section will focus on security risk with the 
    Blockchain technology, and survey on real attacks and bugs 
    on Blockchain systems.
    A. Securiy Risks on Blockchain
    Top 10 Web Application Security Risks listed by the 
    OWASP Top 10 is analyzed and assessed on Blockchain 
    technology [58], and its assessment results are summarized in 
    Table III. The OWASP Top 10 is a widely known document 
    about top critical security risks in the web applications, and 
    Blockchain technology faces 9 out of top 10 risks as shown in 
    Table III. Thus, the security on Blockchain is one of key 
    components to the success of Blockchain business 
    applications. 
    One research group surveyed and analyzed the 
    vulnerabilities on Blockchain systems from 2009 to May 
    2017, and listed nine categories of Blockchain security risks 
    at low level in Table IV [29]. 
    T
    ABLE 
    III.
    T
    OP 
    10
    W
    EB 
    A
    PPLICATION 
    S
    ECURITY 
    R
    ISKS ON 
    B
    LOCKCHAIN 
    T
    ECHNOLOGY 
    [58] 
    Top 10 Web Application 
    Security Risks 
    Assess on Blockchain Technology 
    Analysis Examples 
    Injection 
    Poor input sanitization in Blockchain 
    technology.
    Before the EOS mainnet launches, discovered vulnerability of 
    buffer-out-of-bounds write in EOS smart contract and potential to 
    run the malicious smart contract
    Broken Authentication
    A large attack surface exists without proper 
    implementation of authentication 
    functionality 
    The cryptocurrency LISK is an example of allowing an attack on 
    authentication. 
    Sensitive Data Exposure 
    High potential to this vulnerability 
    Vulnerable to data mining efforts - mining the public data on 
    Blockchain for useful information; Quantum computing will break 
    the public key cryptography used to encrypt data on the Blockchain. 
    XML External Entities (XXE) 
    Not applicable
    Broken Access Control 
    One major vulnerability for smart contracts 
    Two attacks on Parity multi-signature wallets due to access control 
    vulnerabilities 
    Security Misconfiguration 
    Affect Blockchain security 
    Attackers exploited vulnerability to steal cryptocurrency when 
    Ethereum wallets were configured to receive external commands 
    from port 8545.

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