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Related papers: Functional Classification of Bitcoin Addresses

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Cryptocurrencies are no longer just the preferred option for cybercriminal activities on darknets, due to the increasing adoption in mainstream applications. This is partly due to the transparency associated with the underpinning ledgers,…

Cryptography and Security · Computer Science 2024-01-08 Yuexin Xiang , Yuchen Lei , Ding Bao , Wei Ren , Tiantian Li , Qingqing Yang , Wenmao Liu , Tianqing Zhu , Kim-Kwang Raymond Choo

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

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

Bitcoin is built on a blockchain, an immutable decentralised ledger that allows entities (users) to exchange Bitcoins in a pseudonymous manner. Bitcoins are associated with alpha-numeric addresses and are transferred via transactions. Each…

Social and Information Networks · Computer Science 2021-05-20 Jan Alexander Fischer , Andres Palechor , Daniele Dell'Aglio , Abraham Bernstein , Claudio J. Tessone

We analyzed the associations between Bitcoin transactions and addresses to cluster address and further find groups of addresses controlled by the same entity. It revealed the vulnerabilities of Bitcoin anonymity mechanism, which could be…

Cryptography and Security · Computer Science 2022-05-13 He Xi , He Ketai , Lin Shenwen , Yang Jinglin , Mao Hongliang

The objective of this paper is the construction of new indicators that can be useful to operate in the cryptocurrency market. These indicators are based on public data obtained from the blockchain network, specifically from the nodes that…

Statistical Finance · Quantitative Finance 2024-03-05 Juan C. King , Roberto Dale , José M. Amigó

Aspiring to achieve an accurate Bitcoin price prediction based on people's opinions on Twitter usually requires millions of tweets, using different text mining techniques (preprocessing, tokenization, stemming, stop word removal), and…

Social and Information Networks · Computer Science 2023-06-12 Sattarov Otabek , Jaeyoung Choi

Bitcoin is a peer-to-peer electronic payment system that has rapidly grown in popularity in recent years. Usually, the complete history of Bitcoin blockchain data must be queried to acquire variables with economic meaning. This task has…

General Economics · Economics 2025-08-11 Yulin Liu , Luyao Zhang , Yinhong Zhao

Determining the trust of an individual Bitcoin wallet is a difficult problem. There are no ratings, that offer vendors or exchanges meaningful information about the level of the taint of Bitcoins they are receiving. Lack of such information…

Cryptography and Security · Computer Science 2019-07-03 Uroš Hercog , Andraž Povše

Thanks to the high potential for profit, trading has become increasingly attractive to investors as the cryptocurrency and stock markets rapidly expand. However, because financial markets are intricate and dynamic, accurately predicting…

Blockchain provides the unique and accountable channel for financial forensics by mining its open and immutable transaction data. A recent surge has been witnessed by training machine learning models with cryptocurrency transaction data for…

Cryptography and Security · Computer Science 2023-06-13 Youssef Elmougy , Ling Liu

As the first decentralized peer-to-peer (P2P) cryptocurrency system allowing people to trade with pseudonymous addresses, Bitcoin has become increasingly popular in recent years. However, the P2P and pseudonymous nature of Bitcoin make…

Social and Information Networks · Computer Science 2022-01-20 Jiajing Wu , Jieli Liu , Weili Chen , Huawei Huang , Zibin Zheng , Yan Zhang

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

In the work, a comparative correlation and fractal analysis of time series of Bitcoin crypto currency rate and community activities in social networks associated with Bitcoin was conducted. A significant correlation between the Bitcoin rate…

Statistical Finance · Quantitative Finance 2019-05-06 Lyudmyla Kirichenko , Vitalii Bulakh , Tamara Radivilova

The problem of anomaly detection has been studied for a long time, and many Network Analysis techniques have been proposed as solutions. Although some results appear to be quite promising, no method is clearly to be superior to the rest. In…

Social and Information Networks · Computer Science 2017-02-28 Thai Pham , Steven Lee

Cryptocurrencies are distributed systems that allow exchanges of native (and non-) tokens among participants. The complete historical bookkeeping and its wide availability opens up an unprecedented possibility, i.e. that of understanding…

Physics and Society · Physics 2020-12-02 Nicolò Vallarano , Claudio Tessone , Tiziano Squartini

Bitcoin as a cryptocurrency has been one of the most important digital coins and the first decentralized digital currency. Deep neural networks, on the other hand, has shown promising results recently; however, we require huge amount of…

Statistical Finance · Quantitative Finance 2023-11-14 Parth Daxesh Modi , Kamyar Arshi , Pertami J. Kunz , Abdelhak M. Zoubir

Money laundering is a global phenomenon with wide-reaching social and economic consequences. Cryptocurrencies are particularly susceptible due to the lack of control by authorities and their anonymity. Thus, it is important to develop new…

Machine Learning · Computer Science 2021-07-22 Catarina Oliveira , João Torres , Maria Inês Silva , David Aparício , João Tiago Ascensão , Pedro Bizarro

A main focus in economics research is understanding the time series of prices of goods and assets. While statistical models using only the properties of the time series itself have been successful in many aspects, we expect to gain a better…

Physics and Society · Physics 2014-12-15 Dániel Kondor , István Csabai , János Szüle , Márton Pósfai , Gábor Vattay

Bitcoin is the first implementation of what has become known as a 'public permissionless' blockchain. Guaranteeing security and protocol conformity through its elegant combination of cryptographic assurances and game theoretic economic…

Cryptography and Security · Computer Science 2018-02-23 D. McGinn , D McIlwraith , Y. Guo