How to Break IOTA Heart by Replaying? | IEEE Conference Publication | IEEE Xplore

How to Break IOTA Heart by Replaying?


Abstract:

IOTA is a novel cryptocurrency that uses distributed ledger technology based on directed acyclic graph data structure. Security of cryptocurrencies ought to be scrutinize...Show More

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.
Date of Conference: 09-13 December 2018
Date Added to IEEE Xplore: 21 February 2019
ISBN Information:
Conference Location: Abu Dhabi, United Arab Emirates

References

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