Open Access Journal

ISSN : 2394-2320 (Online)

International Journal of Engineering Research in Computer Science and Engineering (IJERCSE)

Monthly Journal for Computer Science and Engineering

Open Access Journal

International Journal of Engineering Research in Computer Science and Engineering (IJERCSE)

Monthly Journal for Computer Science and Engineering

ISSN : 2394-2320 (Online)

Blockchain Security - Current Threats and Mitigation Strategies

Author : Sanskar Bhushan 1 Prakhar Gupta 2 Nitish Chauhan 3 Anita Thakur 4 Ritu Agarwal. 5

Date of Publication :23rd June 2023

Abstract: Blockchain technology has gotten a lot of interest in recent years because of its decentralized and secure nature. However, with the rise of blockchain technology, new security threats have emerged. This research paper examines existing vulnerabilities to blockchain security and suggests mitigation measures to mitigate these concerns. The paper gives an overview of the main forms of infrastructure assaults and investigates the best practices for avoiding them. The study’s main goal is to discover and analyze every possible risk and assault that could happen at all levels of blockchain technology. The application layer, smart contract layer, consensus layer, and network layer are all part of this. The research intends to give a full knowledge of the numerous dangers and assaults that can occur in each layer by evaluating each layer. These solutions may include technical measures such as implementing secure coding practices and using secure network protocols, as well as organizational measures such as regular audits. By addressing the threats and attacks in each layer of blockchain technology and providing effective mitigation strategies, the objective of the research is to boost the safety and reliability of blockchain systems.

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