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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

For preserving privacy, blockchains can be equipped with dedicated mechanisms to anonymize participants. However, these mechanism often take only the abstraction layer of blockchains into account whereas observations of the underlying…

Networking and Internet Architecture · Computer Science 2018-07-31 David Mödinger , Henning Kopp , Frank Kargl , Franz J. Hauck

Bitcoin and many other similar Cryptocurrencies have been in existence for over a decade, prominently focusing on decentralized, pseudo-anonymous ledger-based transactions. Many protocol improvements and changes have resulted in new…

Cryptography and Security · Computer Science 2024-09-10 Chaitanya Rahalkar , Anushka Virgaonkar

Cryptocurrencies offer an alternative to traditional methods of electronic value exchange, promising anonymous, cash-like electronic transfers, but in practice they fall short for several key reasons. We consider the false choice between…

Computers and Society · Computer Science 2019-06-05 Geoff Goodell , Tomaso Aste

In this literature review, we first briefly provide an introduction on the privacy aspect of blockchain systems and why it is a difficult quality to achieve, especially using traditional methods. Next, we go over a wide range of different…

Cryptography and Security · Computer Science 2018-09-28 Jad Wahab

Unlike suggested during their early years of existence, Bitcoin and similar cryptocurrencies in fact offer significantly less privacy as compared to traditional banking. A myriad of privacy-enhancing extensions to those cryptocurrencies as…

Cryptography and Security · Computer Science 2022-04-21 Christiane Kuhn , Aniket Kate , Thorsten Strufe

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

With the widespread attention and application of artificial intelligence (AI) and blockchain technologies, privacy protection techniques arising from their integration are of notable significance. In addition to protecting privacy of…

Cryptography and Security · Computer Science 2023-05-09 Zongwei Li , Dechao Kong , Yuanzheng Niu , Hongli Peng , Xiaoqi Li , Wenkai Li

One reason for the popularity of Bitcoin is due to its anonymity. Although several heuristics have been used to break the anonymity, new approaches are proposed to enhance its anonymity at the same time. One of them is the mixing service.…

Cryptography and Security · Computer Science 2021-03-03 Lei Wu , Yufeng Hu , Yajin Zhou , Haoyu Wang , Xiaopu Luo , Zhi Wang , Fan Zhang , Kui Ren

This manuscript presents an exhaustive review of blockchain-based mixing services, aiming to fill the existing gap between academic innovations and real-world implementations. Starting with an identification of the core functionalities and…

Cryptography and Security · Computer Science 2023-10-10 Alireza Arbabi , Ardeshir Shojaeinasab , Behnam Bahrak , Homayoun Najjaran

Privacy-preservation policies are guidelines formulated to protect data providers private data. Previous privacy-preservation methodologies have addressed privacy in which data are permanently stored in repositories and disconnected from…

Cryptography and Security · Computer Science 2024-08-22 Michael Mireku Kwakye

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

Privacy was one of the key points mentioned in Nakamoto's Bitcoin whitepaper, and one of the selling points of Bitcoin in its early stages. In hindsight, however, de-anonymising Bitcoin users turned out to be more feasible than expected.…

Cryptography and Security · Computer Science 2019-01-14 Sarah Azouvi , Haaroon Yousaf , Alexander Hicks

We increasingly live in a world where there is a balance between the rights to privacy and the requirements for consent, and the rights of society to protect itself. Within this world, there is an ever-increasing requirement to protect the…

Computers and Society · Computer Science 2019-07-30 Simon Dyson , William J Buchanan , Liam Bell

Modern distributed applications in healthcare, supply chain, and the Internet of Things handle a large amount of data in a diverse application setting with multiple stakeholders. Such applications leverage advanced artificial intelligence…

Cryptography and Security · Computer Science 2024-11-26 Rodrigo Dutra Garcia , Gowri Ramachandran , Kealan Dunnett , Raja Jurdak , Caetano Ranieri , Bhaskar Krishnamachari , Jo Ueyama

Blockchain has received a widespread attention because of its decentralized, tamper-proof, and transparent nature. Blockchain works over the principle of distributed, secured, and shared ledger, which is used to record, and track data…

Cryptography and Security · Computer Science 2020-04-21 Muneeb Ul Hassan , Mubashir Husain Rehmani , Jinjun Chen

Blockchains provide environments where parties can interact transparently and securely peer-to-peer without needing a trusted third party. Parties can trust the integrity and correctness of transactions and the verifiable execution of…

Cryptography and Security · Computer Science 2023-03-02 Simon Tschirner , Shashank Shekher Tripathi , Mathias Roeper , Markus M. Becker , Volker Skwarek

Cryptocurrencies aim to replicate physical cash in the digital realm while removing centralized and trusted intermediaries. Decentralization is achieved by the blockchain, a permanent public ledger that contains a record of every…

Cryptography and Security · Computer Science 2024-06-04 Domokos Miklós Kelen , István András Seres

A cryptocurrency is a decentralized digital currency that is designed for secure and private asset transfer and storage. As a currency, it should be difficult to counterfeit and double-spend. In this paper, we review and analyze the major…

Cryptography and Security · Computer Science 2019-04-26 Ehab Zaghloul , Tongtong Li , Matt Mutka , Jian Ren

Increasing awareness of privacy-preserving has led to a strong focus on anonymous systems protecting anonymity. By studying early schemes, we summarize some intractable problems of anonymous systems. Centralization setting is a universal…

Cryptography and Security · Computer Science 2020-09-25 Renpeng Zou , Xixiang Lv
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