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Related papers: Deanonymisation of clients in Bitcoin P2P network

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We present an identity management scheme built into the Bitcoin blockchain, allowing for identities that are as indelible as the blockchain itself. Moreover, we take advantage of Bitcoin's decentralized nature to facilitate a shared control…

Cryptography and Security · Computer Science 2017-10-06 Daniel Augot , Hervé Chabanne , Thomas Chenevier , William George , Laurent Lamber

We show how third-party web trackers can deanonymize users of cryptocurrencies. We present two distinct but complementary attacks. On most shopping websites, third party trackers receive information about user purchases for purposes of…

Cryptography and Security · Computer Science 2017-08-17 Steven Goldfeder , Harry Kalodner , Dillon Reisman , Arvind Narayanan

Over the past decade, the Bitcoin P2P network protocol has become a reference model for all modern cryptocurrencies. While nodes in this network are known, the connections among them are kept hidden, as it is commonly believed that this…

Cryptography and Security · Computer Science 2021-07-28 Federico Franzoni , Xavier Salleras , Vanesa Daza

Bitcoin (BTC) is probably the most transparent payment network in the world, thanks to the full history of transactions available to the public. Though, Bitcoin is not a fully anonymous environment, rather a pseudonymous one, accounting for…

Cryptography and Security · Computer Science 2021-03-18 Maurantonio Caprolu , Matteo Pontecorvi , Matteo Signorini , Carlos Segarra , Roberto Di Pietro

One of the defining features of Bitcoin and the thousands of cryptocurrencies that have been derived from it is a globally visible transaction ledger. While Bitcoin uses pseudonyms as a way to hide the identity of its participants, a long…

Cryptography and Security · Computer Science 2022-05-30 George Kappos , Haaroon Yousaf , Rainer Stütz , Sofia Rollet , Bernhard Haslhofer , Sarah Meiklejohn

Recent work has demonstrated significant anonymity vulnerabilities in Bitcoin's networking stack. In particular, the current mechanism for broadcasting Bitcoin transactions allows third-party observers to link transactions to the IP…

Cryptography and Security · Computer Science 2018-05-29 Giulia Fanti , Shaileshh Bojja Venkatakrishnan , Surya Bakshi , Bradley Denby , Shruti Bhargava , Andrew Miller , Pramod Viswanath

Bitcoin is a digital currency designed to rely on a decentralized, trustless network of anonymous agents. Using a pseudonymous-address-linking procedure that achieves >99% sensitivity and >99% specificity, we reveal that between launch…

Computer Science and Game Theory · Computer Science 2022-06-08 Alyssa Blackburn , Christoph Huber , Yossi Eliaz , Muhammad S. Shamim , David Weisz , Goutham Seshadri , Kevin Kim , Shengqi Hang , Erez Lieberman Aiden

As the first decentralized peer-to-peer (P2P) cryptocurrency system allowing people to trade with pseudonymous addresses, Bitcoin has become increasingly popular in recent years. However, the P2P and pseudonymous nature of Bitcoin make…

Social and Information Networks · Computer Science 2022-01-20 Jiajing Wu , Jieli Liu , Weili Chen , Huawei Huang , Zibin Zheng , Yan Zhang

Bitcoin is the most popular cryptocurrency used worldwide. It provides pseudonymity to its users by establishing identity using public keys as transaction end-points. These transactions are recorded on an immutable public ledger called…

Cryptography and Security · Computer Science 2020-02-18 Aman Sharma , Ashutosh Bhatia

Bitcoin cryptocurrency system enables users to transact securely and pseudo-anonymously by using an arbitrary number of aliases (Bitcoin addresses). Cybercriminals exploit these characteristics to commit immutable and presumably untraceable…

Cryptography and Security · Computer Science 2018-11-27 Mauro Conti , Ankit Gangwal , Sushmita Ruj

We propose a scheme to preserve the anonymity of users in proof-of-asset transactions. We assume bitcoin-like cryptocurrency systems in which a user must prove the strength of its assets (i.e., solvency), prior conducting further…

Cryptography and Security · Computer Science 2020-10-27 Neetu Sharma , Rajeev Anand Sahu , Vishal Saraswat , Joaquin Garcia-Alfaro

Bitcoin and many other similar Cryptocurrencies have been in existence for over a decade, prominently focusing on decentralized, pseudo-anonymous ledger-based transactions. Many protocol improvements and changes have resulted in new…

Cryptography and Security · Computer Science 2024-09-10 Chaitanya Rahalkar , Anushka Virgaonkar

Although Bitcoin in its original whitepaper stated that it offers anonymous transactions, de-anonymization techniques have found otherwise. Therefore, alternative cryptocurrencies, like Dash, Monero, and Zcash, were developed to provide…

Cryptography and Security · Computer Science 2019-02-21 George Kappos , Ania M. Piotrowska

In the cryptographic currency Bitcoin, all transactions are recorded in the blockchain - a public, global, and immutable ledger. Because transactions are public, Bitcoin and its users employ obfuscation to maintain a degree of financial…

Computers and Society · Computer Science 2017-06-30 Arvind Narayanan , Malte Möser

Bitcoin is the first decentralized peer-to-peer (P2P) electronic currency. It was created in November 2008 by Satoshi Nakamoto. Nakamoto released the first implementation of the protocol in an open source client software and the genesis of…

Computers and Society · Computer Science 2016-04-20 Ricardo Perez-Marco

Bitcoin is built on a blockchain, an immutable decentralised ledger that allows entities (users) to exchange Bitcoins in a pseudonymous manner. Bitcoins are associated with alpha-numeric addresses and are transferred via transactions. Each…

Social and Information Networks · Computer Science 2021-05-20 Jan Alexander Fischer , Andres Palechor , Daniele Dell'Aglio , Abraham Bernstein , Claudio J. Tessone

Blockchain technologies have overturned the digital finance industry by introducing a decentralized pseudonymous means of monetary transfer. The pseudonymous nature introduced privacy concerns, enabling various deanonymization techniques,…

Cryptography and Security · Computer Science 2025-04-30 Juraj Mariani , Ivan Homoliak

Due to the pseudo-anonymity of the Bitcoin network, users can hide behind their bitcoin addresses that can be generated in unlimited quantity, on the fly, without any formal links between them. Thus, it is being used for payment transfer by…

Cryptography and Security · Computer Science 2021-09-01 Siddhartha Dalal , Zihe Wang , Siddhanth Sabharwal

Bitcoin is one of the decentralized cryptocurrencies powered by a peer-to-peer blockchain network. Parties who trade in the bitcoin network are not required to disclose any personal information. Such property of anonymity, however,…

Cryptography and Security · Computer Science 2022-11-29 Zhengjie Huang , Yunyang Huang , Peng Qian , Jianhai Chen , Qinming He

Bitcoin is a popular cryptocurrency that records alltransactions in a distributed append-only public ledger calledblockchain. The security of Bitcoin heavily relies on the incentive-compatible proof-of-work (PoW) based distributed consensus…

Cryptography and Security · Computer Science 2018-06-05 Mauro Conti , Sandeep Kumar E , Chhagan Lal , Sushmita Ruj