Explainable Ponzi Schemes Detection on Ethereum

arXiv:2301.04872v2 Announce Type: replace-cross
Abstract: Blockchain technology has been successfully exploited for deploying new economic applications. However, it has started arousing the interest of malicious actors who deliver scams to deceive honest users and to gain economic advantages. Ponzi schemes are one of the most common scams. Here, we present a classifier for detecting smart Ponzi contracts on Ethereum, which can be used as the backbone for developing detection tools. First, we release a labelled data set with 4422 unique …

abstract actors advantages applications arxiv blockchain classifier cs.cr cs.lg detection economic ethereum however scams technology type