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In this work, we reexamine the vulnerability of Payment Channel Networks (PCNs) to bribing attacks, where an adversary incentivizes blockchain miners to deliberately ignore a specific transaction to undermine the punishment mechanism of…

密码学与安全 · 计算机科学 2024-07-18 Zeta Avarikioti , Paweł Kędzior , Tomasz Lizurej , Tomasz Michalak

The popularity of digital currencies, especially cryptocurrencies, has been continuously growing since the appearance of Bitcoin. Bitcoin's security lies in a proof-of-work scheme, which requires high computational resources at the miners.…

密码学与安全 · 计算机科学 2017-11-28 Dimitris Chatzopoulos , Sujit Gujar , Boi Faltings , Pan Hui

Cryptocurrency markets have many of the characteristics of 20th century commodities markets, making them an attractive candidate for trend following strategies. We present a decade of evidence from the infancy of bitcoin, showcasing the…

统计金融 · 定量金融 2020-09-28 Evans Rozario , Samuel Holt , James West , Shaun Ng

In the Bitcoin system, miners are incentivized to join the system and validate transactions through fees paid by the users. A simple "pay your bid" auction has been employed to determine the transaction fees. Recently, Lavi, Sattath and…

计算机科学与博弈论 · 计算机科学 2018-11-13 Andrew Chi-Chih Yao

The rapid e-commerce growth has made both business community and customers face a new situation. Due to intense competition on one hand and the customer's option to choose from several alternatives business community has realized the…

人工智能 · 计算机科学 2007-05-23 Ajith Abraham

Recent advances in text mining and natural language processing technology have enabled researchers to detect an authors identity or demographic characteristics, such as age and gender, in several text genres by automatically analysing the…

密码学与安全 · 计算机科学 2022-11-30 Claudia Peersman , Matthew Edwards , Emma Williams , Awais Rashid

Blockchain, an emerging decentralized security system, has been applied in many applications, such as bitcoin, smart grid, and Internet-of-Things. However, running the mining process may cost too much energy consumption and computing…

计算机科学与博弈论 · 计算机科学 2017-11-21 Yutao Jiao , Ping Wang , Dusit Niyato , Zehui Xiong

Browser fingerprinting is a relatively new method of uniquely identifying browsers that can be used to track web users. In some ways it is more privacy-threatening than tracking via cookies, as users have no direct control over it. A number…

密码学与安全 · 计算机科学 2019-05-24 Nasser Mohammed Al-Fannah , Wanpeng Li , Chris J Mitchell

In permissionless blockchains, transaction issuers include a fee to incentivize miners to include their transactions. To accurately estimate this prioritization fee for a transaction, transaction issuers (or blockchain participants, more…

密码学与安全 · 计算机科学 2023-05-25 Johnnatan Messias , Vabuk Pahari , Balakrishnan Chandrasekaran , Krishna P. Gummadi , Patrick Loiseau

Cookie banners are devices implemented by websites to allow users to manage their privacy settings with respect to the use of cookies. They are part of a user's daily web browsing experience since legislation in Europe requires websites to…

密码学与安全 · 计算机科学 2021-04-14 Georgios Kampanos , Siamak F. Shahandashti

Our aim is to determine conditions for quantum computing technology to give rise to security risks associated with quantum Bitcoin mining. Specifically, we determine the speed and energy efficiency a quantum computer needs to offer an…

量子物理 · 物理学 2021-10-05 Robert R. Nerem , Daya R. Gaur

We consider an application of multi-armed bandits to internet advertising (specifically, to dynamic ad allocation in the pay-per-click model, with uncertainty on the click probabilities). We focus on an important practical issue that…

机器学习 · 计算机科学 2013-06-04 Aleksandrs Slivkins

Mining attacks enable an adversary to procure a disproportionately large portion of mining rewards by deviating from honest mining practices within the PoW-based blockchain system. In this paper, we demonstrate that the security…

密码学与安全 · 计算机科学 2025-05-12 Junjie Hu , Na Ruan

Bitcoin is a representative decentralized currency system. For the security of Bitcoin, fairness in the distribution of mining rewards plays a crucial role in preventing the concentration of computational power in a few miners. Here,…

密码学与安全 · 计算机科学 2025-06-17 Akira Sakurai , Kazuyuki Shudo

The resource-consuming mining of blocks on a blockchain equipped with a proof of work consensus protocol bears the risk of ruin, namely when the operational costs for the mining exceed the received rewards. In this paper we investigate to…

密码学与安全 · 计算机科学 2021-09-08 Hansjoerg Albrecher , Dina Finger , Pierre-Olivier Goffard

In recent years, cryptocurrencies have attracted growing attention from both private investors and institutions. Among them, Bitcoin stands out for its impressive volatility and widespread influence. This paper explores the predictability…

统计金融 · 定量金融 2025-04-29 Grégory Bournassenko

The Bitcoin Lightning Network (LN) is designed to improve the scalability of blockchain systems by using off-chain payment paths to settle transactions in a faster, cheaper, and more private manner. This work aims to empirically study LN's…

计算机科学与博弈论 · 计算机科学 2023-12-29 Andrea Carotti , Cosimo Sguanci , Anastasios Sidiropoulos

Bitcoin is a cryptocurrency that features a distributed, decentralized and trustworthy mechanism, which has made Bitcoin a popular global transaction platform. The transaction efficiency among nations and the privacy benefiting from address…

密码学与安全 · 计算机科学 2019-03-20 Yu-Jing Lin , Po-Wei Wu , Cheng-Han Hsu , I-Ping Tu , Shih-wei Liao

Blockchain technology has changed how people think about how they used to store and trade their assets, as it introduced us to a whole new way to transact: using digital currencies. One of the major innovations of blockchain technology is…

计算机与社会 · 计算机科学 2022-12-02 Trang Tran

Bitcoin and other similar digital currencies on blockchains are not ideal means for payment, because their prices tend to go up in the long term (thus people are incentivized to hoard those currencies), and to fluctuate widely in the short…

计算机与社会 · 计算机科学 2019-05-17 Kenji Saito , Mitsuru Iwamura