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For journalists reporting from a totalitarian regime, whistleblowers and resistance fighters, the anonymous use of cloud services on the Internet can be vital for survival. The Tor network provides a free and widely used anonymization…

Cryptography and Security · Computer Science 2024-05-16 Pitpimon Choorod , Tobias J. Bauer , Andreas Aßmuth

Bitcoin is a representative decentralized currency system. For the security of Bitcoin, fairness in the distribution of mining rewards plays a crucial role in preventing the concentration of computational power in a few miners. Here,…

Cryptography and Security · Computer Science 2025-06-17 Akira Sakurai , Kazuyuki Shudo

Tor is a popular low-latency anonymity network. However, Tor does not protect against the exploitation of an insecure application to reveal the IP address of, or trace, a TCP stream. In addition, because of the linkability of Tor streams…

Networking and Internet Architecture · Computer Science 2011-03-09 Stevens Le Blond , Pere Manils , Chaabane Abdelberi , Mohamed Ali Dali Kaafar , Claude Castelluccia , Arnaud Legout , Walid Dabbous

The digital currency Bitcoin has had remarkable growth since it was first proposed in 2008. Its distributed nature allows currency transactions without a central authority by using cryptographic methods and a data structure called the…

Quantum Physics · Physics 2020-09-28 Jonathan Jogenfors

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

We revisit the fundamental question of Bitcoin's security against double spending attacks. While previous work has bounded the probability that a transaction is reversed, we show that no such guarantee can be effectively given if the…

Cryptography and Security · Computer Science 2016-06-01 Yonatan Sompolinsky , Aviv Zohar

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

Bitcoin was recently introduced as a peer-to-peer electronic currency in order to facilitate transactions outside the traditional financial system. The core of Bitcoin, the Blockchain, is the history of the transactions in the system…

Cryptography and Security · Computer Science 2017-05-04 Siamak Solat , Maria Potop-Butucaru

Blockchain is a distributed ledger, which is protected against malicious modifications by means of cryptographic tools, e.g. digital signatures and hash functions. One of the most prominent applications of blockchains is cryptocurrencies,…

Cryptography and Security · Computer Science 2019-12-20 E. O. Kiktenko , M. A. Kudinov , A. K. Fedorov

Decentralized blockchain platforms have enabled the secure exchange of crypto-assets without the intermediation of trusted authorities. To this purpose, these platforms rely on a peer-to-peer network of byzantine nodes, which…

Cryptography and Security · Computer Science 2023-06-22 Massimo Bartoletti , Letterio Galletta , Maurizio Murgia

Anonymity systems such as Tor aim to enable users to communicate in a manner that is untraceable by adversaries that control a small number of machines. To provide efficient service to users, these anonymity systems make full use of…

Cryptography and Security · Computer Science 2015-03-19 Prateek Mittal , Ahmed Khurshid , Joshua Juen , Matthew Caesar , Nikita Borisov

An open distributed system can be secured by requiring participants to present proof of work and rewarding them for participation. The Bitcoin digital currency introduced this mechanism, which is adopted by almost all contemporary digital…

Cryptography and Security · Computer Science 2014-12-01 Ittay Eyal

The Bitcoin protocol prevents the occurrence of double-spending (DS), i.e. the utilization of the same currency unit more than once. At the same time a DS attack, where more conflicting transactions are generated, might be performed to…

Physics and Society · Physics 2018-09-21 Marco Alberto Javarone , Craig Steven Wright

The application of Bitcoin enables people to understand blockchain technology gradually. Bitcoin is a decentralized currency that does not rely on third-party credit institutions, and the core of Bitcoin's underlying technology is…

Cryptography and Security · Computer Science 2025-04-15 Yuhuan Yang , Shipeng Ye , Xiaoqi Li

Bitcoin and Ethereum are novel mechanisms for decentralizing the concept of money and computation. Extending decentralization to the human identity concept, we can think of using blockchain for creating a list of verified human identities…

Cryptography and Security · Computer Science 2018-06-21 MohammadJavad Hajialikhani , MohammadMahdi Jahanara

The anonymity of the Bitcoin system has some shortcomings. Analysis of Transaction Chain (ATC) and Analysis of Bitcoin Protocol and Network (ABPN) are two important methods of deanonymizing bitcoin transactions. Nowadays, there are some…

Cryptography and Security · Computer Science 2015-09-22 QingChun ShenTu , JianPing Yu

Bitcoin is a "crypto currency", a decentralized electronic payment scheme based on cryptography which has recently gained excessive popularity. Scientific research on bitcoin is less abundant. A paper at Financial Cryptography 2012…

Cryptography and Security · Computer Science 2014-04-11 Nicolas T. Courtois , Marek Grajek , Rahul Naik

Ever since the introduction of the internet, it has been void of any privacy. The majority of internet traffic currently is and always has been unencrypted. A number of anonymous communication overlay networks exist whose aim it is to…

Computers and Society · Computer Science 2014-04-21 Rolf Jagerman , Wendo Sabée , Laurens Versluis , Martijn de Vos , Johan Pouwelse

Bitcoin is by far the most popular crypto-currency solution enabling peer-to-peer payments. Despite some studies highlighting the network does not provide full anonymity, it is still being heavily used for a wide variety of dubious…

Social and Information Networks · Computer Science 2019-12-30 Yining Hu , Suranga Seneviratne , Kanchana Thilakarathna , Kensuke Fukuda , Aruna Seneviratne

As the most successful cryptocurrency to date, Bitcoin constitutes a target of choice for attackers. While many attack vectors have already been uncovered, one important vector has been left out though: attacking the currency via the…

Networking and Internet Architecture · Computer Science 2017-03-28 Maria Apostolaki , Aviv Zohar , Laurent Vanbever