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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

Bitcoin's (BTC) Difficulty Adjustment Algorithm (DAA) has been a source of vulnerability for incentive attacks such as selfish mining, block withholding and coin hopping strategies. In this paper, first, we rigorously study the short-term…

Cryptography and Security · Computer Science 2026-03-24 Mustafa Doger , Sennur Ulukus

Mining processes of Bitcoin and similar cryptocurrencies are currently incentivized with voluntary transaction fees and fixed block rewards which will halve gradually to zero. In the setting where optional and arbitrary transaction fee…

Cryptography and Security · Computer Science 2022-07-14 Tiantian Gong , Mohsen Minaei , Wenhai Sun , Aniket Kate

Bitcoin is a decentralized crypto-currency, and an accompanying protocol, created in 2008. Bitcoin nodes continuously generate and propagate blocks---collections of newly approved transactions that are added to Bitcoin's ledger. Block…

Cryptography and Security · Computer Science 2015-07-24 Ayelet Sapirshtein , Yonatan Sompolinsky , Aviv Zohar

The Border Gateway Protocol (BGP) is globally used by Autonomous Systems (ASes) to establish route paths for IP prefixes in the Internet. Due to the lack of authentication in BGP, an AS can hijack IP prefixes owned by other ASes (i.e.,…

Networking and Internet Architecture · Computer Science 2016-11-09 Pavlos Sermpezis , Gavriil Chaviaras , Petros Gigis , Xenofontas Dimitropoulos

Cryptocurrencies have emerged as a new form of digital money that has not escaped the eyes of cyber-attackers. Traditionally, they have been maliciously used as a medium of exchange for proceeds of crime in the cyber dark-market by…

Cryptography and Security · Computer Science 2021-02-23 Aaron Zimba , Mumbi Chishimba , Christabel Ngongola-Reinke , Tozgani Fainess Mbale

In this paper we revisit some major orthodoxies which lie at the heart of the bitcoin crypto currency and its numerous clones. In particular we look at The Longest Chain Rule, the monetary supply policies and the exact mechanisms which…

Cryptography and Security · Computer Science 2014-12-11 Nicolas T. Courtois

Recent works showed that it is feasible to hijack resources on cloud platforms. In such hijacks, attackers can take over released resources that belong to legitimate organizations. It was proposed that adversaries could abuse these…

Networking and Internet Architecture · Computer Science 2024-03-29 Jens Frieß , Tobias Gattermayer , Nethanel Gelernter , Haya Schulmann , Michael Waidner

The vulnerability of the Internet has been demonstrated by prominent IP prefix hijacking events. Major outages such as the China Telecom incident in 2010 stimulate speculations about malicious intentions behind such anomalies. Surprisingly,…

Networking and Internet Architecture · Computer Science 2016-02-22 Johann Schlamp , Josef Gustafsson , Matthias Wählisch , Thomas C. Schmidt , Georg Carle

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 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

Bitcoins and Blockchain technologies are attracting the attention of different scientific communities. In addition, their widespread industrial applications and the continuous introduction of cryptocurrencies are also stimulating the…

Physics and Society · Physics 2018-07-24 Marco Alberto Javarone , Craig Steven Wright

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

Quantum computation represents a threat to many cryptographic protocols in operation today. It has been estimated that by 2035, there will exist a quantum computer capable of breaking the vital cryptographic scheme RSA2048. Blockchain…

Quantum Physics · Physics 2021-05-06 Joseph J. Kearney , Carlos A. Perez-Delgado

BGP prefix hijacking is a threat to Internet operators and users. Several mechanisms or modifications to BGP that protect the Internet against it have been proposed. However, the reality is that most operators have not deployed them and are…

Networking and Internet Architecture · Computer Science 2018-01-10 Pavlos Sermpezis , Vasileios Kotronis , Alberto Dainotti , Xenofontas Dimitropoulos

We perform the first analysis of methodologies for launching DNS cache poisoning: manipulation at the IP layer, hijack of the inter-domain routing and probing open ports via side channels. We evaluate these methodologies against DNS…

Cryptography and Security · Computer Science 2022-05-13 Tianxiang Dai , Philipp Jeitner , Haya Shulman , Michael Waidner

Bitcoin draws the highest degree of attention among cryptocurrencies, while coin mining is one of the most important fashion of profiting in the Bitcoin ecosystem. This paper constructs fresh coin circulation networks by tracking the fresh…

General Finance · Quantitative Finance 2022-04-28 Zeng-Xian Lin , Xiao Fan Liu

Despite the large effort devoted to cybersecurity research over the last decades, cyber intrusions and attacks are still increasing. With respect to routing networks, route hijacking has highlighted the need to reexamine the existing…

Cryptography and Security · Computer Science 2016-04-01 David Burstein , Franklin Kenter , Jeremy Kun , Feng Shi

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

Networks (Autonomous Systems-AS) allocate or revoke IP prefixes with the intervention of official Internet resource number authorities, and select and advertise policy-compliant paths towards these prefixes using the inter-domain routing…

Networking and Internet Architecture · Computer Science 2019-06-10 Ilias Sfirakis , Vasileios Kotronis