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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

Blockchain is rapidly emerging as an important class of network application, with a unique set of trust, security and transparency properties. In a blockchain system, participants record and update the `server-side' state of an application…

Networking and Internet Architecture · Computer Science 2022-05-24 Yifan Mao , Shaileshh Bojja Venkatakrishnan

Blockchain protocols are inherently limited in transaction throughput and latency. Recent efforts to address performance and scale blockchains have focused on off-chain payment channels. While such channels can achieve low latency and high…

Cryptography and Security · Computer Science 2017-03-09 Joshua Lind , Ittay Eyal , Peter Pietzuch , Emin Gün Sirer

Blockchain and blockchain-inspired decentralized applications are on the rise thanks to their unique characteristics such as their decentralized nature, anonymity, and tamper-proof nature; however, blockchain transactions tend to experience…

Cryptography and Security · Computer Science 2026-04-08 Yi Lyu

The traditional communication model based on chain of multiple independent processing blocks is constraint to efficiency and introduces artificial barriers. Thus, each individually optimized block does not guarantee end-to-end performance…

Machine Learning · Computer Science 2022-04-11 Ijaz Ahmad , Seokjoo Shin

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

Payment channel networks are a promising approach to improve the scalability of cryptocurrencies: they allow to perform transactions in a peer-to-peer fashion, along multi-hop routes in the network, without requiring consensus on the…

Networking and Internet Architecture · Computer Science 2021-04-12 Krzysztof Pietrzak , Iosif Salem , Stefan Schmid , Michelle Yeo

Payment channels networks drastically increase the throughput and hence scalability of blockchains by performing transactions \emph{off-chain}. In an off-chain payment, parties deposit coins in a channel and then perform transactions…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-12-21 Yuup van Engelshoven , Stefanie Roos

We propose Parsec, a web-scale State channel for the Internet of Value to exterminate the consensus bottleneck in Blockchain by leveraging a network of state channels which enable to robustly transfer value off-chain. It acts as an…

Cryptography and Security · Computer Science 2018-08-07 Amit Kumar Jaiswal

Cryptocurrencies are widely used, yet current methods for analyzing transactions often rely on opaque, black-box models. While these models may achieve high performance, their outputs are usually difficult to interpret and adapt, making it…

Cryptography and Security · Computer Science 2025-09-05 Yuchen Lei , Yuexin Xiang , Qin Wang , Rafael Dowsley , Tsz Hon Yuen , Kim-Kwang Raymond Choo , Jiangshan Yu

Off-chain transaction channels represent one of the leading techniques to scale the transaction throughput in cryptocurrencies such as Bitcoin. They allow multiple agents to route payments through one another. So far, the topology and…

Computer Science and Game Theory · Computer Science 2020-07-28 Yotam Sali , Aviv Zohar

Bitcoin is the first and highest valued cryptocurrency that stores transactions in a publicly distributed ledger called the blockchain. Understanding the activity and behavior of Bitcoin actors is a crucial research topic as they are…

Social and Information Networks · Computer Science 2022-07-18 Natkamon Tovanich , Rémy Cazabet

Machine learning (ML) has been pervasively researched nowadays and it has been applied in many aspects of real life. Nevertheless, issues of model and data still accompany the development of ML. For instance, training of traditional ML…

Machine Learning · Computer Science 2022-06-29 Shengwen Ding , Chenhui Hu

Digital currencies have become popular in the last decade due to their non-dependency and decentralized nature. The price of these currencies has seen a lot of fluctuations at times, which has increased the need for prediction. As their…

Statistical Finance · Quantitative Finance 2025-01-24 Ramin Mousa , Meysam Afrookhteh , Hooman Khaloo , Amir Ali Bengari , Gholamreza Heidary

Despite growing adoption of cryptocurrencies, making fast payments at scale remains a challenge. Payment channel networks (PCNs) such as the Lightning Network have emerged as a viable scaling solution. However, completing payments on PCNs…

Networking and Internet Architecture · Computer Science 2020-03-24 Vibhaalakshmi Sivaraman , Shaileshh Bojja Venkatakrishnan , Kathy Ruan , Parimarjan Negi , Lei Yang , Radhika Mittal , Mohammad Alizadeh , Giulia Fanti

Machine learning and blockchain are two of the most noticeable technologies in recent years. The first one is the foundation of artificial intelligence and big data, and the second one has significantly disrupted the financial industry.…

Cryptography and Security · Computer Science 2020-12-10 Fang Chen , Hong Wan , Hua Cai , Guang Cheng

Bitcoin relies on a peer-to-peer overlay network to broadcast transactions and blocks. From the viewpoint of network measurement, we would like to observe this topology so we can characterize its performance, fairness and robustness.…

Cryptography and Security · Computer Science 2018-12-11 Sergi Delgado-Segura , Surya Bakshi , Cristina Pérez-Solà , James Litton , Andrew Pachulski , Andrew Miller , Bobby Bhattacharjee

Multiplex network embedding is an effective technique to jointly learn the low-dimensional representations of nodes across network layers. However, the number of edges among layers may vary significantly. This data imbalance will lead to…

Social and Information Networks · Computer Science 2023-01-02 Kejia Chen , Yinchu Qiu , Zheng Liu

Machine learning algorithms learn from data and use data from databases that are mutable; therefore, the data and the results of machine learning cannot be fully trusted. Also, the machine learning process is often difficult to automate. A…

Machine Learning · Computer Science 2019-08-19 Tao Wang , Xinmin Wu , Taiping He

Bitcoin-NG is among the first blockchain protocols to approach the \emph{near-optimal} throughput by decoupling blockchain operation into two planes: leader election and transaction serialization. Its decoupling idea has inspired a new…

Cryptography and Security · Computer Science 2020-10-06 Jianyu Niu , Ziyu Wang , Fangyu Gai , Chen Feng
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