What is it about?

Web3, based on blockchain technology, is the evolving next generation Internet of value. This paper propose Motif-based Transaction Semantics representation method (MoTS), which can capture the transaction semantic in formation in the real-time blockchain transaction data workflow. Experimental results show that MoTS can effectively distinguish different transaction semantics in real-time, and can be used for various downstream tasks, giving new insights to understand the Web3 blockchain ecosystem.

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Why is it important?

Understanding the blockchain transaction semantics can help solve various blockchain data mining tasks, such as anti-money laundering with cryptocurrency, scam token contract detection, etc.

Perspectives

Our codes are available at https://github.com/wuzhy1ng/MoTS

Zhiying Wu
Sun Yat-Sen University

Read the Original

This page is a summary of: Know Your Transactions: Real-time and Generic Transaction Semantic Representation on Blockchain & Web3 Ecosystem, April 2023, ACM (Association for Computing Machinery),
DOI: 10.1145/3543507.3583537.
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