SMACS: Smart Contract Access Control Service
share
Although blockchain-based smart contracts promise a “trustless” way of enforcing agreements even with monetary consequences, they suffer from multiple security issues. Many of these issues could be mitigated via an effective access control system, however, its realization is challenging due to the properties of current blockchain platforms (like lack of privacy, costly on-chain resources, or latency). To address this problem, we propose the SMACS framework, where updatable and sophisticated Access Control Rules (ACRs) for smart contracts can be realized with low cost. SMACS shifts the burden of expensive ACRs validation and management operations to an off-chain infrastructure, while implementing on-chain only lightweight token-based access control. SMACS is flexible and in addition to simple access control lists can easily implement rules enhancing the runtime security of smart contracts. With dedicated ACRs backed by vulnerability-detection tools, SMACS can protect vulnerable contracts after deployment. We fully implement SMACS and evaluate it.
READ FULL TEXT