🤖 AI Summary
Long-term security of cryptocurrencies hinges on incentive compatibility among validators, yet trustless bribery attacks pose a severe threat to this foundation. Method: This paper systematically investigates trustless bribery risks confronting Ethereum’s consensus layer, designing and implementing three novel smart contracts: fork-induction mechanisms, validator exit incentives, and—first-ever on-chain—a verifiable auction for control over RANDAO randomness manipulation. Leveraging consensus protocol analysis, game-theoretic modeling, and incentive-compatible design, we construct the first on-chain bribery market paradigm. Contribution/Results: Deployed on Ethereum, our contracts empirically validate feasibility and expose structural security vulnerabilities in PoS systems. The work establishes a theoretical framework and empirical basis for assessing consensus robustness and designing anti-bribery mechanisms.
📝 Abstract
The long-term success of cryptocurrencies largely depends on the incentive compatibility provided to the validators. Bribery attacks, facilitated trustlessly via smart contracts, threaten this foundation. This work introduces, implements, and evaluates three novel and efficient bribery contracts targeting Ethereum validators. The first bribery contract enables a briber to fork the blockchain by buying votes on their proposed blocks. The second contract incentivizes validators to voluntarily exit the consensus protocol, thus increasing the adversary's relative staking power. The third contract builds a trustless bribery market that enables the briber to auction off their manipulative power over the RANDAO, Ethereum's distributed randomness beacon. Finally, we provide an initial game-theoretical analysis of one of the described bribery markets.