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Blockchains such as Bitcoin and Ethereum execute payment transactions securely, but their performance is limited by the need for global consensus. Payment networks overcome this limitation through off-chain transactions. Instead of writing…

Cryptography and Security · Computer Science 2019-10-29 Joshua Lind , Oded Naor , Ittay Eyal , Florian Kelbert , Peter Pietzuch , Emin Gun Sirer

Bitcoin is a popular alternative to fiat money, widely used for its perceived anonymity properties. However, recent attacks on Bitcoin's peer-to-peer (P2P) network demonstrated that its gossip-based flooding protocols, which are used to…

Cryptography and Security · Computer Science 2017-03-28 Giulia Fanti , Pramod Viswanath

Bitcoin uses blockchain technology to maintain transactions order and provides probabilistic guarantee to prevent double-spending, assuming that an attacker's computational power does not exceed %50 of the network power. In this paper, we…

Cryptography and Security · Computer Science 2024-11-19 Ghader Ebrahimpour , Mohammad Sayad Haghighi

Payment channels effectively move the transaction load off-chain thereby successfully addressing the inherent scalability problem most cryptocurrencies face. A major drawback of payment channels is the need to ``top up'' funds on-chain when…

Cryptography and Security · Computer Science 2021-10-19 Zeta Avarikioti , Krzysztof Pietrzak , Iosif Salem , Stefan Schmid , Samarth Tiwari , Michelle Yeo

While various covert botnets were proposed in the past, they still lack complete anonymization for their servers/botmasters or suffer from slow communication between the botmaster and the bots. In this paper, we propose a new generation…

Cryptography and Security · Computer Science 2020-04-28 Ahmet Kurt , Enes Erdin , Mumin Cebe , Kemal Akkaya , A. Selcuk Uluagac

Despite the popularity of Hashed Time-Locked Contracts (HTLCs) because of their use in wide areas of applications such as payment channels, atomic swaps, etc, their use in exchange is still questionable. This is because of its incentive…

Cryptography and Security · Computer Science 2025-10-24 Nitin Awathare

Payment channel networks (PCNs) are a promising technology that alleviates blockchain scalability by shifting the transaction load from the blockchain to the PCN. Nevertheless, the network topology has to be carefully designed to maximise…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-08-21 Krishnendu Chatterjee , Jan Matyáš Křišťan , Stefan Schmid , Jakub Svoboda , Michelle Yeo

DNS over TLS (DoT) and DNS over HTTPS (DoH) encrypt DNS to guard user privacy by hiding DNS resolutions from passive adversaries. Yet, past attacks have shown that encrypted DNS is still sensitive to traffic analysis. As a consequence, RFC…

Cryptography and Security · Computer Science 2019-07-03 Jonas Bushart , Christian Rossow

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

With the rapid increase of threats on the Internet, people are continuously seeking privacy and anonymity. Services such as Bitcoin and Tor were introduced to provide anonymity for online transactions and Web browsing. Due to its…

Cryptography and Security · Computer Science 2019-07-11 Husam Al Jawaheri , Mashael Al Sabah , Yazan Boshmaf , Aiman Erbad

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

Cryptocurrency networks such as Bitcoin have emerged as a distributed alternative to traditional centralized financial transaction networks. However, there are major challenges in scaling up the throughput of such networks. Lightning…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-06-25 Sushil Mahavir Varma , Siva Theja Maguluri

Anonymity networks are providing practical mechanisms to protect its users against censorship by hiding their identity and information content. The best-known anonymity network, The Onion Routing (Tor) network, is however subject to…

Cryptography and Security · Computer Science 2019-07-09 Anna Engelmann , Admela Jukan

Network-level privacy is the Achilles heel of financial privacy in cryptocurrencies. Financial privacy amounts to achieving and maintaining blockchain- and network-level privacy. Blockchain-level privacy recently received substantial…

Cryptography and Security · Computer Science 2023-06-28 Ferenc Béres , István András Seres , Domokos M. Kelen , András A. Benczúr

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

We show how third-party web trackers can deanonymize users of cryptocurrencies. We present two distinct but complementary attacks. On most shopping websites, third party trackers receive information about user purchases for purposes of…

Cryptography and Security · Computer Science 2017-08-17 Steven Goldfeder , Harry Kalodner , Dillon Reisman , Arvind Narayanan

Blockchain has recently been depicted as a secure protocol for information exchange in cyber-physical microgrids. However, it is still found vulnerable to consensus manipulation attacks. These stealth attacks are often difficult to detect…

Cryptography and Security · Computer Science 2023-03-09 Suman Rath , Lam Duc Nguyen , Subham Sahoo , Petar Popovski

Payment channel networks (PCNs) are a promising solution to the scalability problem of cryptocurrencies. Any two users connected by a payment channel in the network can theoretically send an unbounded number of instant, costless…

Computer Science and Game Theory · Computer Science 2023-06-29 Zeta Avarikioti , Tomasz Lizurej , Tomasz Michalak , Michelle Yeo

The Lightning Network is a so-called second-layer technology built on top of the Bitcoin blockchain to provide "off-chain" fast payment channels between users, which means that not all transactions are settled and stored on the main…

Computers and Society · Computer Science 2019-12-10 Silvia Bartolucci , Fabio Caccioli , Pierpaolo Vivo

Cryptocurrencies such as Bitcoin and Ethereum have made payment transactions possible without a trusted third party, but they have a scalability issue due to their consensus mechanisms. Payment networks have emerged to overcome this…

Cryptography and Security · Computer Science 2025-03-25 Junmo Lee , Seongjun Kim , Sanghyeon Park , Soo-Mook Moon