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Cryptocurrencies based on decentralized systems, especially blockchain, are gaining popularity more than ever. Freedom advocates hail blockchain technology as a breakthrough in digital privacy and internet anonymity. Unfortunately, after…

Cryptography and Security · Computer Science 2021-10-18 Amin Aghaee

Privacy protection mechanisms are a fundamental aspect of security in cryptocurrency systems, particularly in decentralized networks such as Bitcoin. Although Bitcoin addresses are not directly associated with real-world identities, this…

Cryptography and Security · Computer Science 2026-03-19 Shihan Zhang , Bing Han , Chuanyong Tian , Ruisheng Shi , Lina Lan , Qin Wang

Bitcoin is the most popular cryptocurrency used worldwide. It provides pseudonymity to its users by establishing identity using public keys as transaction end-points. These transactions are recorded on an immutable public ledger called…

Cryptography and Security · Computer Science 2020-02-18 Aman Sharma , Ashutosh Bhatia

The blockchain technology is believed by many to be a game changer in many application domains, especially financial applications. While the first generation of blockchain technology (i.e., Blockchain 1.0) is almost exclusively used for…

Cryptography and Security · Computer Science 2019-08-14 Huashan Chen , Marcus Pendleton , Laurent Njilla , Shouhuai Xu

Ethereum relies on a peer-to-peer overlay network to propagate information. The knowledge of Ethereum network topology holds the key to understanding Ethereum's security, availability, and user anonymity. From a measurement perspective, an…

Networking and Internet Architecture · Computer Science 2021-10-01 Kai Li , Yuzhe Tang , Jiaqi Chen , Yibo Wang , Xianghong Liu

We consider the privacy of interactions between individuals in a network. For many networks, while nodes are anonymous to outside observers, the existence of a link between individuals implies the possibility of one node revealing…

Physics and Society · Physics 2020-07-13 Louis M Shekhtman , Alon Sela , Shlomo Havlin

The peer-to-peer (P2P) network of blockchain used to transport its transactions and blocks has a high impact on the efficiency and security of the system. The P2P network topologies of popular blockchains such as Bitcoin and Ethereum,…

Networking and Internet Architecture · Computer Science 2021-03-30 Taotao Wang , Chonghe Zhao , Qing Yang , Shengli Zhang , Soung Chang Liew

The integration of permissioned blockchain such as Hyperledger fabric (HF) and Industrial internet of Things (IIoT) has opened new opportunities for interdependent supply chain partners to improve their performance through data sharing and…

Cryptography and Security · Computer Science 2023-06-22 Muhammad Islam , Mubashir Husain Rehmani , Jinjun Chen

In the area of blockchains, a wallet is anything that manages the access to cryptocurrencies and tokens. Off-chain wallets appear in different forms, from paper wallets to hardware wallets to dedicated wallet apps, while on-chain wallets…

Cryptography and Security · Computer Science 2021-04-06 Monika di Angelo , Gernot Salzer

Blockchain technologies underpin an expanding ecosystem of decentralized applications, financial systems, and infrastructure. However, the fundamental networking layer that sustains these systems, the peer-to-peer layer, of all but the top…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-11-20 Lucianna Kiffer , Lioba Heimbach , Dennis Trautwein , Yann Vonlanthen , Oliver Gasser

Public blockchains such as Ethereum and Bitcoin provide transparency and accountability, and have strong non-repudiation properties, but fall far short of enterprise privacy requirements for business processes. Consequently consortiums are…

Cryptography and Security · Computer Science 2019-03-08 Peter Robinson , John Brainard

Many tracking companies collect user data and sell it to data markets and advertisers. While they claim to protect user privacy by anonymizing the data, our research reveals that significant privacy risks persist even with anonymized data.…

Cryptography and Security · Computer Science 2026-02-12 Ruisheng Shi , Zhiyuan Peng , Tong Fu , Lina Lan , Qin Wang , Jiaqi Zeng

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

Blockchain technologies have overturned the digital finance industry by introducing a decentralized pseudonymous means of monetary transfer. The pseudonymous nature introduced privacy concerns, enabling various deanonymization techniques,…

Cryptography and Security · Computer Science 2025-04-30 Juraj Mariani , Ivan Homoliak

Bitcoin is a decentralized, pseudonymous cryptocurrency that is one of the most used digital assets to date. Its unregulated nature and inherent anonymity of users have led to a dramatic increase in its use for illicit activities. This…

Cryptography and Security · Computer Science 2019-10-16 Francesco Zola , Maria Eguimendia , Jan Lukas Bruse , Raul Orduna Urrutia

Zero-knowledge proof (ZKP) mixers are one of the most widely-used blockchain privacy solutions, operating on top of smart contract-enabled blockchains. We find that ZKP mixers are tightly intertwined with the growing number of Decentralized…

Cryptography and Security · Computer Science 2023-03-07 Zhipeng Wang , Stefanos Chaliasos , Kaihua Qin , Liyi Zhou , Lifeng Gao , Pascal Berrang , Ben Livshits , Arthur Gervais

In Ethereum, private transactions, a specialized transaction type employed to evade public Peer-to-Peer (P2P) network broadcasting, remain largely unexplored, particularly in the context of the transition from Proof-of-Work (PoW) to…

Cryptography and Security · Computer Science 2025-04-01 Xingyu Lyu , Mengya Zhang , Xiaokuan Zhang , Jianyu Niu , Yinqian Zhang , Zhiqiang Lin

Bitcoin and other cryptocurrencies have surged in popularity over the last decade. Although Bitcoin does not claim to provide anonymity for its users, it enjoys a public perception of being a `privacy-preserving' financial system. In…

Cryptography and Security · Computer Science 2017-01-18 Shaileshh Bojja Venkatakrishnan , Giulia Fanti , Pramod Viswanath

First, a big data analysis of the transactions and smart contracts made on the Ethereum blockchain is performed, revealing interesting trends in motion. Next, these trends are compared with the public's interest in Ether and Bitcoin,…

Trading and Market Microstructure · Quantitative Finance 2021-04-06 Dorsa Mohammadi Arezooji

It is well known that users on open blockchains are tracked by an industry providing services to governments, law enforcement, secret services, and alike. While most blockchains do not protect their users' privacy and allow external…

Cryptography and Security · Computer Science 2021-06-08 Duc V. Le , Arthur Gervais