Exploring User Perceptions of Security Auditing in the Web3 Ecosystem

Molly Zhuangtong Huang; Rui Jiang; Tanusree Sharma; Kanye Ye Wang

Paper 2024/1501

Exploring User Perceptions of Security Auditing in the Web3 Ecosystem

Molly Zhuangtong Huang, University of Macau

Rui Jiang, University of Macau

Tanusree Sharma

, Pennsylvania State University

Kanye Ye Wang

, University of Macau

Abstract

In the rapidly evolving Web3 ecosystem, transparent auditing has emerged as a critical component for both applications and users. However, there is a significant gap in understanding how users perceive this new form of auditing and its implications for Web3 security. Utilizing a mixed-methods approach that incorporates a case study, user interviews, and social media data analysis, our study leverages a risk perception model to comprehensively explore Web3 users' perceptions regarding information accessibility, the role of auditing, and its influence on user behavior. Based on these extensive findings, we discuss how this open form of auditing is shaping the security of the Web3 ecosystem, identifying current challenges, and providing design implications.

Metadata

Available format(s): PDF
Category: Applications
Publication info: Published elsewhere. Network and Distributed System Security Symposium (NDSS) 2025
Keywords: Web3 usable security auditing blockchain
Contact author(s): yc37496 @ um edu mo
dc02764 @ um edu mo
tfs5747 @ psu edu
wangye @ um edu mo
History: 2024-09-30: approved; 2024-09-25: received; See all versions
Short URL: https://ia.cr/2024/1501
License: CC BY

BibTeX

@misc{cryptoeprint:2024/1501,
      author = {Molly Zhuangtong Huang and Rui Jiang and Tanusree Sharma and Kanye Ye Wang},
      title = {Exploring User Perceptions of Security Auditing in the Web3 Ecosystem},
      howpublished = {Cryptology {ePrint} Archive, Paper 2024/1501},
      year = {2024},
      url = {https://eprint.iacr.org/2024/1501}
}