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We propose a bitcoin generalization as a solution to the problem of scalability. The block is redefined as a sequence of sub-blocks of increasing sizes that coexist as different levels of compromise between decentralization and transactions…

Cryptography and Security · Computer Science 2018-05-15 Santi J. Vives

Cryptocurrencies are distributed systems that allow exchanges of native tokens among participants, or the exchange of such tokens for fiat currencies in markets external to these public ledgers. The availability of their complete historical…

Tor and I2P are well-known anonymity networks used by many individuals to protect their online privacy and anonymity. Tor's centralized directory services facilitate the understanding of the Tor network, as well as the measurement and…

Networking and Internet Architecture · Computer Science 2018-09-27 Nguyen Phong Hoang , Panagiotis Kintis , Manos Antonakakis , Michalis Polychronakis

The Bitcoin network has offered a new way of securely performing financial transactions over the insecure network. Nevertheless, this ability comes with the cost of storing a large (distributed) ledger, which has become unsuitable for…

Cryptography and Security · Computer Science 2019-09-18 Duc V. Le , Lizzy Tengana Hurtado , Adil Ahmad , Mohsen Minaei , Byoungyoung Lee , Aniket Kate

The Bitcoin P2P network is at the core of all communications between clients. The reachable part of this network has been explored and analyzed by numerous studies. Unreachable nodes, however, are, in most part, overlooked. Nonetheless,…

Networking and Internet Architecture · Computer Science 2020-10-29 Federico Franzoni , Vanesa Daza

The rise of cryptocurrencies like Bitcoin, which enable transactions with a degree of pseudonymity, has led to a surge in various illicit activities, including ransomware payments and transactions on darknet markets. These illegal…

Cryptography and Security · Computer Science 2023-06-16 Poupak Azad , Baris Coskunuzer , Murat Kantarcioglu , Cuneyt Gurcan Akcora

Bitcoin relies on a peer-to-peer overlay network to broadcast transactions and blocks. From the viewpoint of network measurement, we would like to observe this topology so we can characterize its performance, fairness and robustness.…

Cryptography and Security · Computer Science 2018-12-11 Sergi Delgado-Segura , Surya Bakshi , Cristina Pérez-Solà , James Litton , Andrew Pachulski , Andrew Miller , Bobby Bhattacharjee

This paper introduces TeleBTC, a fully decentralized protocol designed to wrap Bitcoin (BTC) on programmable blockchains. The creation of a decentralized wrapped BTC presents challenges due to the non-programmable nature of Bitcoin, making…

Cryptography and Security · Computer Science 2023-07-27 Mahyar Daneshpajooh , Niusha Moshrefi , Mahdi Darabi , Sina Hashemi , Mehrafarin Kazemi

Bitcoin-otc is a peer to peer (over-the-counter) marketplace for trading with bit- coin crypto-currency. To mitigate the risks of the p2p unsupervised exchanges, the establishment of a reliable reputation systems is needed: for this reason,…

Computers and Society · Computer Science 2018-05-22 Ilaria Bertazzi , Sylvie Huet , Guillaume Deffuant , Floriana Gargiulo

There was a time when the word security was only confined to the physical protection of things that were valuable which must be guarded against all the odds. Today, in a world where people can do things virtually have emerged the necessity…

Cryptography and Security · Computer Science 2019-06-05 AKM Bahalul Haque , Sharaban Tahura Nisa , Md. Amdadul Bari , Ayvee Nusreen Anika

Tor is currently the most popular network for anonymous Internet access. It critically relies on volunteer nodes called bridges for relaying Internet traffic when a user's ISP blocks connections to Tor. Unfortunately, current methods for…

Cryptography and Security · Computer Science 2016-08-02 Mahdi Zamani , Jared Saia , Jedidiah Crandall

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

Cryptocurrencies have gained popularity due to their transparency, security, and accessibility compared to traditional financial systems, with Bitcoin, introduced in 2009, leading the market. Bitcoin's security relies on blockchain…

Cryptography and Security · Computer Science 2024-11-12 Dinitha Wijewardhana , Sugandima Vidanagamachchi , Nalin Arachchilage

Cryptocurrencies such as Bitcoin are realized using distributed systems and hence critically rely on the performance and security of the interconnecting network. The requirements on these networks and their usage, however can differ…

Networking and Internet Architecture · Computer Science 2020-08-20 Maya Dotan , Yvonne-Anne Pignolet , Stefan Schmid , Saar Tochner , Aviv Zohar

Current anonymizing networks have become an important tool for guaranteeing users' privacy. However, these platforms can be used to perform illegitimate actions, which sometimes makes service providers see traffic coming from these networks…

Cryptography and Security · Computer Science 2014-12-16 Jesus Diaz , David Arroyo , Francisco B. Rodriguez

Cryptocurrency systems can be subject to deanonimization attacks by exploiting the network-level communication on their peer-to-peer network. Adversaries who control a set of colluding node(s) within the peer-to-peer network can observe…

Cryptography and Security · Computer Science 2022-11-08 Piyush Kumar Sharma , Devashish Gosain , Claudia Diaz

We describe and analyze perishing mining, a novel block-withholding mining strategy that lures profit-driven miners away from doing useful work on the public chain by releasing block headers from a privately maintained chain. We then…

Cryptography and Security · Computer Science 2023-02-10 Tong Cao , Jérémie Decouchant , Jiangshan Yu

This paper investigates whether Bitcoin can be regarded as a decentralized autonomous organization (DAO), what insights it may offer for the broader DAO ecosystem, and how Bitcoin governance can be improved. First, a quantitative literature…

Computers and Society · Computer Science 2025-04-30 Mark C. Ballandies , Guangyao Li , Claudio J. Tessone

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

Cryptocurrency is a novel exploration of a form of currency that proposes a decentralized electronic payment scheme based on blockchain technology and cryptographic theory. While cryptocurrency has the security characteristics of being…

Cryptography and Security · Computer Science 2025-03-31 Zekai Liu , Xiaoqi Li