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Blockchain, which is a technology for distributedly managing ledger information over multiple nodes without a centralized system, has elicited increasing attention. Performing experiments on actual blockchains are difficult because a large…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-03-20 Yusuke Aoki , Kai Otsuki , Takeshi Kaneko , Ryohei Banno , Kazuyuki Shudo

In Bitcoin system, transactions are prioritized according to transaction fees. Transactions without fees are given low priority and likely to wait for confirmation. Because the demand of micro payment in Bitcoin is expected to increase due…

Cryptography and Security · Computer Science 2020-03-10 Shoji Kasahara , Jun Kawahara

As the cornerstone of blockchain, block synchronization plays a vital role in maintaining the security. Without full blockchain synchronization, unexpected forks will emerge and thus providing a breeding ground for various malicious…

Emerging Technologies · Computer Science 2022-06-14 Qin Hu , Minghui Xu , Shengling Wang , Shaoyong Guo

Bitcoin has increased investment interests in people during the last decade. We have seen an increase in the number of posts on social media platforms about cryptocurrency, especially Bitcoin. This project focuses on analyzing user tweet…

Artificial Intelligence · Computer Science 2024-12-04 Ashutosh Hathidara , Gaurav Atavale , Suyash Chaudhary

We study financial transaction confirmation finality in Bitcoin as a function of transaction amount and user risk tolerance. A transaction is recorded in a block on a blockchain. However, a transaction may be revoked due to a fork in the…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-11-20 Ethan Hicks , Joseph Oglio , Mikhail Nesterenko , Gokarna Sharma

Blockchain is an emerging technology that has enabled many applications, from cryptocurrencies to digital asset management and supply chains. Due to this surge of popularity, analyzing the data stored on blockchains poses a new critical…

Cryptography and Security · Computer Science 2021-10-01 Cuneyt Gurcan Akcora , Murat Kantarcioglu , Yulia R. Gel

With the wide application of blockchain in the financial field, the rise of various types of cybercrimes has brought great challenges to the security of blockchain. In order to better understand this emerging market and explore more…

Cryptography and Security · Computer Science 2021-02-17 Yunyi Xie , Jie Jin , Jian Zhang , Shanqing Yu , Qi Xuan

The review introduces the history of cryptocurrencies, offering a description of the blockchain technology behind them. Differences between cryptocurrencies and the exchanges on which they are traded have been shown. The central part…

Statistical Finance · Quantitative Finance 2021-03-10 Marcin Wątorek , Stanisław Drożdż , Jarosław Kwapień , Ludovico Minati , Paweł Oświęcimka , Marek Stanuszek

Multifractality is a concept that helps compactly grasping the most essential features of the financial dynamics. In its fully developed form, this concept applies to essentially all mature financial markets and even to more liquid…

Statistical Finance · Quantitative Finance 2024-11-15 Marcin Wątorek , Marcin Królczyk , Jarosław Kwapień , Tomasz Stanisz , Stanisław Drożdż

Monero, a privacy-focused cryptocurrency, employs a decentralized peer-to-peer (P2P) network that plays a critical role in transaction propagation and consensus formation. While much research has explored Monero's privacy transaction…

Networking and Internet Architecture · Computer Science 2025-04-28 Yu Gao , Yu Zhang , Matija Piškorec , Claudio J. Tessone

Proof of work cryptocurrencies began with the promise of a more egalitarian future with a decentralized monetary system with no powerful entities in charge. While this vision is far from realized, these cryptocurrencies are still touted to…

Cryptography and Security · Computer Science 2022-03-31 Sishan Long , Soumya Basu , Emin Gün Sirer

A blockchain replaces central counterparties with time-consuming consensus protocols to record the transfer of ownership. This settlement latency slows cross-exchange trading, exposing arbitrageurs to price risk. Off-chain settlement,…

Trading and Market Microstructure · Quantitative Finance 2023-10-20 Nikolaus Hautsch , Christoph Scheuch , Stefan Voigt

To achieve interoperability between unconnected ledgers, hash time lock contracts (HTLCs) are commonly used for cross-chain asset exchange. The solution tolerates transaction failure, and can "make the best out of worst'' by allowing…

Computer Science and Game Theory · Computer Science 2021-12-14 Jiahua Xu , Damien Ackerer , Alevtina Dubovitskaya

Cryptocurrencies return cross-predictability and technological similarity yield information on risk propagation and market segmentation. To investigate these effects, we build a time-varying network for cryptocurrencies, based on the…

Statistical Finance · Quantitative Finance 2021-08-27 Li Guo , Wolfgang Karl Härdle , Yubo Tao

Cryptocurrencies return cross-predictability and technological similarity yield information on risk propagation and market segmentation. To investigate these effects, we build a time-varying network for cryptocurrencies, based on the…

Methodology · Statistics 2022-11-18 Li Guo , Wolfgang Karl Härdle , Yubo Tao

This paper discusses the dynamics of intraday prices of twelve cryptocurrencies during last months' boom and bust. The importance of this study lies on the extended coverage of the cryptoworld, accounting for more than 90\% of the total…

Statistical Finance · Quantitative Finance 2018-08-07 Aurelio F. Bariviera , Luciano Zunino , Osvaldo A. Rosso

The cryptocurrency market is a very huge market without effective supervision. It is of great importance for investors and regulators to recognize whether there are market manipulation and its manipulation patterns. This paper proposes an…

General Finance · Quantitative Finance 2019-02-07 Weili Chen , Jun Wu , Zibin Zheng , Chuan Chen , Yuren Zhou

The decentralization, redundancy, and pseudo-anonymity features have made permission-less public blockchain platforms attractive for adoption as technology platforms for cryptocurrencies. However, such adoption has enabled cybercriminals to…

Cryptography and Security · Computer Science 2021-08-27 Banwari Lal , Rachit Agarwal , Sandeep Kumar Shukla

Bitcoin, as one of the most popular cryptocurrency, is recently attracting much attention of investors. Bitcoin price prediction task is consequently a rising academic topic for providing valuable insights and suggestions. Existing bitcoin…

Statistical Finance · Quantitative Finance 2020-08-25 Xiao Li , Weili Wu

The objective of this paper is to assess the performances of dimensionality reduction techniques to establish a link between cryptocurrencies. We have focused our analysis on the two most traded cryptocurrencies: Bitcoin and Ethereum. To…

Statistical Finance · Quantitative Finance 2022-02-11 Hugo Inzirillo , Benjamin Mat