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Bitcoin is a cryptocurrency attracting a lot of interest both from the general public and researchers. There is an ongoing debate on the question of users' anonymity: while the Bitcoin protocol has been designed to ensure that the activity…

Cryptography and Security · Computer Science 2019-06-14 Remy Cazabet , Baccour Rym , Latapy Matthieu , Cazabet Remy

In this paper, we show a security engineering process based on a formal notion of refinement fully formalized in the proof assistant Isabelle. This Refinement-Risk Cycle focuses on attack analysis and security refinement supported by…

Cryptography and Security · Computer Science 2020-01-27 Florian Kammüller

Multiple works have leveraged the public Bitcoin ledger to estimate the revenue cybercriminals obtain from their victims. Estimations focusing on the same target often do not agree, due to the use of different methodologies, seed addresses,…

Cryptography and Security · Computer Science 2023-11-29 Gibran Gomez , Kevin van Liebergen , Juan Caballero

Resource-constrained devices are unable to maintain a full copy of the Bitcoin Blockchain in memory. This paper proposes a bidirectional payment channel framework for IoT devices. This framework utilizes Bitcoin Lightning-Network-like…

Cryptography and Security · Computer Science 2018-12-27 Christopher Hannon , Dong Jin

BRC20 tokens are a type of non-fungible asset on the Bitcoin network. They allow users to embed customised content within Bitcoin's satoshis. The token frenzy reached a market size of US\$2.811\,b (2023Q3--2025Q1). However, this intuitive…

Cryptography and Security · Computer Science 2025-06-06 Minfeng Qi , Qin Wang , Zhipeng Wang , Lin Zhong , Zhixiong Gao , Tianqing Zhu , Shiping Chen , William Knottenbelt

As smart contracts are growing in size and complexity, it becomes harder and harder to ensure their correctness and security. Due to the lack of isolation mechanisms a single mistake or vulnerability in the code can bring the whole system…

Software Engineering · Computer Science 2020-01-14 Mikhail Mandrykin , Jake O'Shannessy , Jacob Payne , Ilya Shchepetkov

A cryptographic protocol (CP) is a distributed algorithm designed to provide a secure communication in an insecure environment. CPs are used, for example, in electronic payments, electronic voting procedures, database access systems, etc.…

Cryptography and Security · Computer Science 2020-11-25 A. M. Mironov

Bitcoin is a "crypto currency", a decentralized electronic payment scheme based on cryptography which has recently gained excessive popularity. Scientific research on bitcoin is less abundant. A paper at Financial Cryptography 2012…

Cryptography and Security · Computer Science 2014-04-11 Nicolas T. Courtois , Marek Grajek , Rahul Naik

The development of clustering heuristics has demonstrated that Bitcoin is not completely anonymous. Currently, existing clustering heuristics only consider confirmed transactions recorded in the Bitcoin blockchain. However, unconfirmed…

Cryptography and Security · Computer Science 2023-03-06 Kai Wang , Maike Tong , Changhao Wu , Jun Pang , Chen Chen , Xiapu Luo , Weili Han

Bitcoin's consensus rules are encoded in the implementation of its reference client: "The code is the spec." Yet this code is unsuitable for formal verification due to side effects, mutable state, concurrency, and legacy design. A…

Cryptography and Security · Computer Science 2025-09-25 Toby Sharp

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

The security of blockchain protocols is a combination of two properties: safety and liveness. It is well known that no blockchain protocol can provide both to sleepy (intermittently online) clients under adversarial majority. However,…

Cryptography and Security · Computer Science 2023-11-07 Srivatsan Sridhar , Dionysis Zindros , David Tse

Bitcoin is the first and the most extensive decentralized electronic cryptocurrency system that uses blockchain technology. It uses a peer-to-peer (P2P) network to operate without a central authority and propagate system information such as…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-05-03 Befekadu G. Gebraselase , Bjarne E. Helvik , Yuming Jiang

This paper presents Mir-BFT, a robust Byzantine fault-tolerant (BFT) total order broadcast protocol aimed at maximizing throughput on wide-area networks (WANs), targeting deployments in decentralized networks, such as permissioned and…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-01-25 Chrysoula Stathakopoulou , Tudor David , Matej Pavlovic , Marko Vukolić

By expanding the connection of objects to the Internet and their entry to human life, the issue of security and privacy has become important. In order to enhance security and privacy on the Internet, many security protocols have been…

Cryptography and Security · Computer Science 2019-07-29 Masoumeh Safkhani , Nasour Bagheri

Bitcoin has become the leading cryptocurrency system, but the limit on its transaction processing capacity has resulted in increased transaction fees and delayed transaction confirmation. As such, it is pertinent to understand and probably…

Cryptography and Security · Computer Science 2021-06-21 Befekadu G. Gebraselase , Bjarne E. Helvik , Yuming Jiang

Bitcoin is the first decentralized peer-to-peer (P2P) electronic currency. It was created in November 2008 by Satoshi Nakamoto. Nakamoto released the first implementation of the protocol in an open source client software and the genesis of…

Computers and Society · Computer Science 2016-04-20 Ricardo Perez-Marco

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

We examine a protocol $\pi_{\text{beacon}}$ that outputs unpredictable and publicly verifiable randomness, meaning that the output is unknown at the time that $\pi_{\text{beacon}}$ starts, yet everyone can verify that the output is close to…

Cryptography and Security · Computer Science 2016-05-24 Iddo Bentov , Ariel Gabizon , David Zuckerman

Bit commitment protocols whose security is based on the laws of quantum mechanics alone are generally held to be impossible. In this paper we give a strengthened and explicit proof of this result. We extend its scope to a much larger…