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Forking breaches the security and performance of blockchain as it is symptomatic of distributed consensus, spurring wide interest in analyzing and resolving it. The state-of-the-art works can be categorized into two kinds: experiment-based…

Cryptography and Security · Computer Science 2022-09-20 Shengling Wang , Ying Wang , Hongwei Shi , Qin Hu

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

Recent advances in spatial and temporal networks have enabled researchers to more-accurately describe many real-world systems such as urban transport networks. In this paper, we study the response of real-world spatio-temporal networks to…

Physics and Society · Physics 2016-07-05 Matthew J. Williams , Mirco Musolesi

Lightning Network (LN) is a widely-used network of payment channels enabling faster and cheaper Bitcoin transactions. In this paper, we outline three ways an attacker can steal funds from honest LN users. The attacks require dilating the…

Cryptography and Security · Computer Science 2020-06-03 Antoine Riard , Gleb Naumenko

In recent years, cryptocurrencies have attracted growing attention from both private investors and institutions. Among them, Bitcoin stands out for its impressive volatility and widespread influence. This paper explores the predictability…

Statistical Finance · Quantitative Finance 2025-04-29 Grégory Bournassenko

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

This paper investigates the stochastic behavior of an n-node blockchain which is continuously monitored and faces non-stop cyber attacks from multiple hackers. The blockchain will start being re-set once hacking is detected, forfeiting…

Applications · Statistics 2024-05-08 Xiufeng Xu , Liang Hong

Many real-world multilayer systems such as critical infrastructure are interdependent and embedded in space with links of a characteristic length. They are also vulnerable to localized attacks or failures, such as terrorist attacks or…

Physics and Society · Physics 2017-08-08 Dana Vaknin , Michael M. Danziger , Shlomo Havlin

We construct the Bitcoin User Network (BUN) directly from raw blockchain data up to late 2025, which allows us to explore its mesoscopic properties and trace its temporal evolution. In particular, we analyze the structure of connected…

Social and Information Networks · Computer Science 2025-12-02 Myriam Nonaka , F. Javier Marín-Rodríguez , Alexander Jiricny , Miguel Romance , Regino Criado , Sergio Iglesias-Pérez , Alberto Partida

Since its advent in 2009, Bitcoin, a cryptography-enabled peer-to-peer digital payment system, has been gaining increasing attention from both academia and industry. An effort designed to overcome a cluster of bottlenecks inherent in…

Cryptography and Security · Computer Science 2021-05-18 Ling Cheng , Feida Zhu , Huiwen Liu , Chunyan Miao

The problem of anomaly detection has been studied for a long time, and many Network Analysis techniques have been proposed as solutions. Although some results appear to be quite promising, no method is clearly to be superior to the rest. In…

Social and Information Networks · Computer Science 2017-02-28 Thai Pham , Steven Lee

Bitcoin mining presents a significant economic incentive for efficient hashing and broadcast of data, both parameters stemming from the Proofs of Work used to advance the network. This incentive has led to the development of Bitcoin…

Cryptography and Security · Computer Science 2016-03-17 Jonathan Harvey-Buschel , Can Kisagun

Bitcoin transactions include unspent transaction outputs (UTXOs) as their inputs and generate one or more newly owned UTXOs at specified addresses. Each UTXO can only be used as an input in a transaction once, and using it in two or more…

Cryptography and Security · Computer Science 2023-08-22 Changhoon Kang , Jongsoo Woo , James Won-Ki Hong

The Bitcoin cryptocurrency has received much attention recently. In the network of Bitcoin, transactions are recorded in a ledger. In this network, the process of recording transactions depends on some nodes called miners that execute a…

Cryptography and Security · Computer Science 2023-02-15 Ali Nikhalat-Jahromi , Ali Mohammad Saghiri , Mohammad Reza Meybodi

A cryptocurrency is a decentralized digital currency that is designed for secure and private asset transfer and storage. As a currency, it should be difficult to counterfeit and double-spend. In this paper, we review and analyze the major…

Cryptography and Security · Computer Science 2019-04-26 Ehab Zaghloul , Tongtong Li , Matt Mutka , Jian Ren

Blockchain technology is widely used in various fields due to its ability to provide decentralization and trustless security. This is a fundamental understanding held by many advocates, but it is misunderstood, leading participants to fail…

Cryptography and Security · Computer Science 2026-02-02 Chunyi Zhang , Fengjiao Dou , Xiaoqi Li

The wide success of Bitcoin has led to a huge surge of alternative cryptocurrencies (altcoins). Most altcoins essentially fork Bitcoin's code with minor modifications, such as the number of coins to be minted, the block size, and the block…

Cryptography and Security · Computer Science 2023-02-10 Sebastien Andreina , Lorenzo Alluminio , Giorgia Azzurra Marson , Ghassan Karame

Clients of permissionless blockchain systems, like Bitcoin, rely on an underlying peer-to-peer network to send and receive transactions. It is critical that a client is connected to at least one honest peer, as otherwise the client can be…

Cryptography and Security · Computer Science 2020-07-07 Bithin Alangot , Daniel Reijsbergen , Sarad Venugopalan , Pawel Szalachowski

Attacks on Internet routing are typically viewed through the lens of availability and confidentiality, assuming an adversary that either discards traffic or performs eavesdropping. Yet, a strategic adversary can use routing attacks to…

Networking and Internet Architecture · Computer Science 2020-08-13 Yixin Sun , Maria Apostolaki , Henry Birge-Lee , Laurent Vanbever , Jennifer Rexford , Mung Chiang , Prateek Mittal

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