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Cryptocurrencies typically aim at preserving the privacy of their users. Different cryptocurrencies preserve privacy at various levels, some of them requiring users to rely on strategies to raise the privacy level to their needs. Among…

Cryptography and Security · Computer Science 2021-01-05 Jefferson E. Simoes , Eduardo Ferreira , Daniel S. Menasche , Carlos A. V. Campos

The Bitcoin system is an anonymous, decentralized crypto-currency. There are some deanonymizating techniques to cluster Bitcoin addresses and to map them to users' identifications in the two research directions of Analysis of Transaction…

Cryptography and Security · Computer Science 2015-10-28 QingChun ShenTu , JianPing Yu

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

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

In recent years blockchain technology has received tremendous attention. Blockchain users are known by a changeable Public Key (PK) that introduces a level of anonymity, however, studies have shown that anonymized transactions can be linked…

Cryptography and Security · Computer Science 2022-02-22 Ali Dorri , Clemence Roulin , Shantanu Pal , Sarah Baalbaki , Raja Jurdak , Salil Kanhere

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

Privacy is one of the essential pillars for the widespread adoption of blockchains, but public blockchains are transparent by nature. Modern analytics techniques can easily subdue the pseudonymity feature of a blockchain user. Some…

Cryptography and Security · Computer Science 2025-06-10 Amit Chaudhary , Hamish Ivey-Law

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

Decentralization has been touted as the principal security advantage which propelled blockchain systems at the forefront of developments in the financial technology space. Its exact semantics nevertheless remain highly contested and…

Cryptography and Security · Computer Science 2024-04-16 Christina Ovezik , Dimitris Karakostas , Aggelos Kiayias

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

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

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

Cryptocurrencies based on decentralized systems, especially blockchain, are gaining popularity more than ever. Freedom advocates hail blockchain technology as a breakthrough in digital privacy and internet anonymity. Unfortunately, after…

Cryptography and Security · Computer Science 2021-10-18 Amin Aghaee

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

Blockchain technology is an interlinked systematic chain of blocks that contains transaction history and other user data. It works under the principle of decentralized distributed digital ledger. This technology enables cryptographically…

Cryptography and Security · Computer Science 2020-12-25 AKM Bahalul Haque , Mahbubur Rahman

In the cryptographic currency Bitcoin, all transactions are recorded in the blockchain - a public, global, and immutable ledger. Because transactions are public, Bitcoin and its users employ obfuscation to maintain a degree of financial…

Computers and Society · Computer Science 2017-06-30 Arvind Narayanan , Malte Möser

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

Cryptocurrency is a novel exploration of a form of currency that proposes a decentralized electronic payment scheme based on blockchain technology and cryptographic theory. While cryptocurrency has the security characteristics of being…

Cryptography and Security · Computer Science 2025-03-31 Zekai Liu , Xiaoqi Li

Cryptocurrency users increasingly rely on obfuscation techniques such as mixers, swappers, and decentralised or no-KYC exchanges to protect their anonymity. However, at the same time, these services are exploited by criminals to conceal and…

Cryptography and Security · Computer Science 2025-04-17 Francesco Zola , Jon Ander Medina , Andrea Venturi , Raul Orduna

Blockchain introduces decentralized trust in peer-to-peer networks, advancing security and democratizing systems. Yet, a unified definition for decentralization remains elusive. Our Systematization of Knowledge (SoK) seeks to bridge this…

General Economics · Economics 2023-08-21 Luyao Zhang , Xinshi Ma , Yulin Liu
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