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Proof of work blockchain protocols using multiple hash types are considered. It is proven that the security region of such a protocol cannot be the AND of a 51\% attack on all the hash types. Nevertheless, a protocol called Merged Bitcoin…

Cryptography and Security · Computer Science 2026-01-15 Christopher Blake , Chen Feng , Xuachao Wang , Qianyu Yu

This paper proposes a new microblogging architecture based on peer-to-peer networks overlays. The proposed platform is comprised of three mostly independent overlay networks. The first provides distributed user registration and…

Networking and Internet Architecture · Computer Science 2013-12-30 Miguel Freitas

Over the past decade, the Bitcoin P2P network protocol has become a reference model for all modern cryptocurrencies. While nodes in this network are known, the connections among them are kept hidden, as it is commonly believed that this…

Cryptography and Security · Computer Science 2021-07-28 Federico Franzoni , Xavier Salleras , Vanesa Daza

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

In this paper we propose a deep recurrent architecture for the probabilistic modelling of high-frequency market prices, important for the risk management of automated trading systems. Our proposed architecture incorporates probabilistic…

Statistical Finance · Quantitative Finance 2020-04-06 Ye-Sheen Lim , Denise Gorse

Soon after its introduction in 2009, Bitcoin has been adopted by cyber-criminals, which rely on its pseudonymity to implement virtually untraceable scams. One of the typical scams that operate on Bitcoin are the so-called Ponzi schemes.…

Cryptography and Security · Computer Science 2018-03-05 Massimo Bartoletti , Barbara Pes , Sergio Serusi

Predicting the trend of Bitcoin, a highly volatile cryptocurrency, remains a challenging task. Accurate forecasting holds immense potential for investors and market participants dealing with High Frequency Trading systems. The purpose of…

Computational Engineering, Finance, and Science · Computer Science 2024-07-11 Zeinab Shahsafdari , Ahmad Kalhor

Tornado Cash is a decentralised mixer that uses cryptographic techniques to sever the on-chain trail between depositors and withdrawers. In practice, however, its anonymity can be undermined by user behaviour and operational quirks. We…

Cryptography and Security · Computer Science 2025-11-19 Raffaele Cristodaro , Benjamin Kraner , Claudio J. Tessone

Reverse engineering of music mixes aims to uncover how dry source signals are processed and combined to produce a final mix. We extend the prior works to reflect the compositional nature of mixing and search for a graph of audio processors.…

In this brief, we conduct a complex-network analysis of the Bitcoin transaction network. In particular, we design a new sampling method, namely random walk with flying-back (RWFB), to conduct effective data sampling. We then conduct a…

Social and Information Networks · Computer Science 2022-03-18 Bishenghui Tao , Hong-Ning Dai , Jiajing Wu , Ivan Wang-Hei Ho , Zibin Zheng , Chak Fong Cheang

Utilizing graph analytics and learning has proven to be an effective method for exploring aspects of crypto economics such as network effects, decentralization, tokenomics, and fraud detection. However, the majority of existing research…

Computational Engineering, Finance, and Science · Computer Science 2024-03-12 Bingqiao Luo

Bitcoin is a decentralized P2P digital currency in which coins are generated by a distributed set of miners and transaction are broadcasted via a peer-to-peer network. While Bitcoin provides some level of anonymity (or rather pseudonymity)…

Cryptography and Security · Computer Science 2015-01-09 Alex Biryukov , Ivan Pustogarov

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

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

Proliferation of cryptocurrencies (e.g., Bitcoin) that allow pseudo-anonymous transactions, has made it easier for ransomware developers to demand ransom by encrypting sensitive user data. The recently revealed strikes of ransomware attacks…

Cryptography and Security · Computer Science 2019-06-20 Cuneyt Gurcan Akcora , Yitao Li , Yulia R. Gel , Murat Kantarcioglu

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, 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

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 blockchains, beyond their primary role as distributed payment systems, are increasingly used to store and share arbitrary content, such as text messages and files. Although often non-financial, this hidden content can impact…

Machine Learning · Computer Science 2025-04-21 Charalampos Kleitsikas , Nikolaos Korfiatis , Stefanos Leonardos , Carmine Ventre

The popularity and amazing attractiveness of cryptocurrencies, and especially Bitcoin, absorb countless enthusiasts daily. Although Blockchain technology prevents fraudulent behavior, it cannot detect fraud on its own. There are always…

Cryptography and Security · Computer Science 2021-07-05 Mohammad Javad Shayegan , Hamid Reza Sabor