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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

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

Anonymity is one of the most important qualities of blockchain technology. For example, one can simply create a bitcoin address to send and receive funds without providing KYC to any authority. In general, the real identity behind…

Cryptography and Security · Computer Science 2020-03-31 Mengjiao Wang , Hikaru Ichijo , Bob Xiao

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

Bitcoin has created a new exchange paradigm within which financial transactions can be trusted without an intermediary. This premise of a free decentralized transactional network however requires, in its current implementation, unrestricted…

Cryptography and Security · Computer Science 2018-10-30 Marc Jourdan , Sebastien Blandin , Laura Wynter , Pralhad Deshpande

Bitcoin (BTC) is probably the most transparent payment network in the world, thanks to the full history of transactions available to the public. Though, Bitcoin is not a fully anonymous environment, rather a pseudonymous one, accounting for…

Cryptography and Security · Computer Science 2021-03-18 Maurantonio Caprolu , Matteo Pontecorvi , Matteo Signorini , Carlos Segarra , Roberto Di Pietro

Cryptocurrencies gained lots of attention mainly because of the anonymous way of online payment, which they suggested. Meanwhile, Bitcoin and other major cryptocurrencies have experienced severe deanonymization attacks. To address these…

Cryptography and Security · Computer Science 2022-04-06 Ardeshir Shojaeenasab , Amir Pasha Motamed , Behnam Bahrak

Recent work has demonstrated significant anonymity vulnerabilities in Bitcoin's networking stack. In particular, the current mechanism for broadcasting Bitcoin transactions allows third-party observers to link transactions to the IP…

Cryptography and Security · Computer Science 2018-05-29 Giulia Fanti , Shaileshh Bojja Venkatakrishnan , Surya Bakshi , Bradley Denby , Shruti Bhargava , Andrew Miller , Pramod Viswanath

The Lightning Network promises to alleviate Bitcoin's known scalability problems. The operation of such second layer approaches relies on the ability of participants to turn to the blockchain to claim funds at any time, which is assumed to…

Cryptography and Security · Computer Science 2020-08-28 Jona Harris , Aviv Zohar

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

Blockchain analysis is essential for understanding how cryptocurrencies like Bitcoin are used in practice, and address clustering is a cornerstone of blockchain analysis. However, current techniques rely on heuristics that have not been…

Cryptography and Security · Computer Science 2022-07-12 Malte Möser , Arvind Narayanan

Lightning Network (LN) is designed to amend the scalability and privacy issues of Bitcoin. It's a payment channel network where Bitcoin transactions are issued off chain, onion routed through a private payment path with the aim to settle…

Cryptography and Security · Computer Science 2020-07-14 Ferenc Beres , Istvan Andras Seres , Andras A. Benczur

Cryptocurrency off-chain networks such as Lightning (e.g., Bitcoin) or Raiden (e.g., Ethereum) aim to increase the scalability of traditional on-chain transactions. To support nodes in learning about possible paths to route their…

Cryptography and Security · Computer Science 2020-03-03 Utz Nisslmueller , Klaus-Tycho Foerster , Stefan Schmid , Christian Decker

Remote Procedure Call (RPC) services have become a primary gateway for users to access public blockchains. While they offer significant convenience, RPC services also introduce critical privacy challenges that remain insufficiently…

Cryptography and Security · Computer Science 2025-09-01 Shan Wang , Ming Yang , Yu Liu , Yue Zhang , Shuaiqing Zhang , Zhen Ling , Jiannong Cao , Xinwen Fu

This research delves into the intricacies of Bitcoin, a decentralized peer-to-peer network, and its associated blockchain, which records all transactions since its inception. While this ensures integrity and transparency, the transparent…

Cryptography and Security · Computer Science 2023-11-22 Hugo Schnoering , Michalis Vazirgiannis

It is now a whole year since Lightning Network (LN) has been launched on the Bitcoi's mainnet. LN has been claimed as the solution for several of Bitcoin's weaknesses such as its difficulty to scale in number of transactions per second and…

Cryptography and Security · Computer Science 2019-02-21 Stefano Martinazzi

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

In this work we use formal verification to prove that the Lightning Network (LN), the most prominent scaling technique for Bitcoin, always safeguards the funds of honest users. We provide a custom implementation of (a simplification of) LN,…

Cryptography and Security · Computer Science 2025-03-11 Grzegorz Fabiański , Rafał Stefański , Orfeas Stefanos Thyfronitis Litos

The Bitcoin Lightning Network, launched in 2018, serves as a layer 2 scaling solution for Bitcoin. The Lightning Network allows users to establish channels between each other and subsequently exchange off-chain payments. Together, these…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-09-25 Florian Grötschla , Lioba Heimbach , Severin Richner , Roger Wattenhofer

Federated Learning allows collaborative training without data sharing in settings where participants do not trust the central server and one another. Privacy can be further improved by ensuring that communication between the participants…

Cryptography and Security · Computer Science 2023-10-11 Qiongkai Xu , Trevor Cohn , Olga Ohrimenko