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We study the fundamental differences that separate: Litecoin; Bitcoin Gold; Bitcoin Cash; Ethereum; and Zcash from Bitcoin, and draw analysis to how these features are appreciated by the market, to ultimately make an inference as to how…

General Finance · Quantitative Finance 2021-01-12 Andrew Spurr , Marcel Ausloos

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

State government operations comprise a large number of transactions for different processes that must be carried out across the state. This comprises new projects, maintenance and repairs, public employee compensation, and agricultural…

Cryptography and Security · Computer Science 2022-12-06 Nibula Bente Rashid , Joyeeta Saha , Raonak Islam Prova , Nowshin Tasfia , Md. Nazrul Huda Shanto , Jannatun Noor

The protocol for cryptocurrencies can be divided into three parts, namely consensus, wallet, and networking overlay. The aim of the consensus part is to bring trustless rational peer-to-peer nodes to an agreement to the current status of…

Cryptography and Security · Computer Science 2020-06-23 Sangjun Park , Haeung Choi , Heung-No Lee

Cryptography based on the presumed hardness of decoding codes -- i.e., code-based cryptography -- has recently seen increased interest due to its plausible security against quantum attackers. Notably, of the four proposals for the NIST…

Information Theory · Computer Science 2025-01-07 Maxime Bombar , Nicolas Resch , Emiel Wiedijk

Decoy passwords, or ``honeywords,'' alert a site to its breach if entered in a login attempt on that site. However, an attacker can identify a user-chosen password from among the decoys, without alerting the site to its breach, via…

Cryptography and Security · Computer Science 2026-05-14 Mridu Nanda , Michael K. Reiter

The dramatic adoption of Bitcoin and other cryptocurrencies in the USA has revolutionized the financial landscape and provided unprecedented investment and transaction efficiency opportunities. The prime objective of this research project…

It is well known that reusing cryptocurrency addresses undermines privacy. This also applies if the same addresses are used in different cryptocurrencies. Nevertheless, cross-chain address reuse appears to be a recurring phenomenon,…

Cryptography and Security · Computer Science 2026-02-23 Rainer Stütz , Nicholas Stifter , Melitta Dragaschnig , Bernhard Haslhofer , Aljosha Judmayer

Due to their interesting features, blockchains have become popular in recent years. They are full-stack systems where security is a critical factor for their success. The main focus of this work is to systematize knowledge about security…

Cryptography and Security · Computer Science 2019-04-16 Ivan Homoliak , Sarad Venugopalan , Qingze Hum , Pawel Szalachowski

Class invariants -- consistency constraints preserved by every operation on objects of a given type -- are fundamental to building, understanding and verifying object-oriented programs. For verification, however, they raise difficulties,…

Programming Languages · Computer Science 2024-01-23 Bertrand Meyer , Alisa Arkadova , Alexander Kogtenkov

In May 2022, an apparent speculative attack, followed by market panic, led to the precipitous downfall of UST, one of the most popular stablecoins at that time. However, UST is not the only stablecoin to have been depegged in the past.…

Computer Science and Game Theory · Computer Science 2023-07-26 Yujin Kwon , Kornrapat Pongmala , Kaihua Qin , Ariah Klages-Mundt , Philipp Jovanovic , Christine Parlour , Arthur Gervais , Dawn Song

Privacy-seeking cryptocurrency users rely on anonymization techniques like CoinJoin and ring transactions. By using such technologies benign users potentially provide anonymity to bad actors. We propose overlay protocols to resolve the…

Cryptography and Security · Computer Science 2021-03-01 Patrik Keller , Martin Florian , Rainer Böhme

Bitcoin and Ethereum are the top two blockchain-based cryptocurrencies whether from cryptocurrency market cap or popularity. However, they are vulnerable to selfish mining and stubborn mining due to that both of them adopt Proof-of-Work…

Cryptography and Security · Computer Science 2021-12-07 Runkai Yang , Xiaolin Chang , Jelena Mišić , Vojislav B. Mišić

Recent studies have found that the log-volatility of asset returns exhibit roughness. This study investigates roughness or the anti-persistence of Bitcoin volatility. Using the multifractal detrended fluctuation analysis, we obtain the…

Statistical Finance · Quantitative Finance 2020-04-16 Tetsuya Takaishi

Introduced by Juels and Rivest in 2013, Honeywords, which are decoy passwords stored alongside a real password, appear to be a proactive method to help detect password credentials misuse. However, despite over a decade of research, this…

Cryptography and Security · Computer Science 2025-10-28 Sudiksha Das , Ashish Kundu

Bitcoin is the world's first decentralized digital currency. Its main technical innovation is the use of a blockchain and hash-based proof of work to synchronize transactions and prevent double-spending the currency. While the qualitative…

Cryptography and Security · Computer Science 2014-02-12 Meni Rosenfeld

DEX, or decentralized exchange, is a prominent class of decentralized finance (DeFi) applications on blockchains, attracting a total locked value worth tens of billions of USD today. This paper presents the first large-scale empirical study…

Cryptography and Security · Computer Science 2024-01-23 Jiaqi Chen , Yibo Wang , Yuxuan Zhou , Wanning Ding , Yuzhe Tang , XiaoFeng Wang , Kai Li

Trading on decentralized exchanges has been one of the primary use cases for permissionless blockchains with daily trading volume exceeding billions of U.S.~dollars. In the status quo, users broadcast transactions and miners are responsible…

Computer Science and Game Theory · Computer Science 2023-10-31 Matheus V. X. Ferreira , David C. Parkes

Background: Open Source Software is the building block of modern software. However, the prevalence of project deprecation in the open source world weakens the integrity of the downstream systems and the broad ecosystem. Therefore it calls…

Software Engineering · Computer Science 2024-05-14 Runzhi He , Hengzhi Ye , Minghui Zhou

BitCoin transactions are malleable in a sense that given a transaction an adversary can easily construct an equivalent transaction which has a different hash. This can pose a serious problem in some BitCoin distributed contracts in which…

Cryptography and Security · Computer Science 2013-12-12 Marcin Andrychowicz , Stefan Dziembowski , Daniel Malinowski , Łukasz Mazurek