Analysis of Tainted Transactions in the Bitcoin Blockchain Transaction Network

Autor:	Arnþór Logi Arnarson, María Óskarsdóttir, Jacky Mallett, Alexander Snær Stefánsson
Rok vydání:	2021
Předmět:	Cryptocurrency Blockchain business.industry Computer science Network science Cryptography Complex network Cryptographic protocol Computer security computer.software_genre business computer Database transaction Block (data storage)
Zdroj:	Studies in Computational Intelligence ISBN: 9783030653507 COMPLEX NETWORKS (2)
DOI:	10.1007/978-3-030-65351-4_46
Popis:	Blockchain technology, with its decentralised peer-to-peer network and cryptographic protocols, has led to a proliferation of cryptocurrencies, with Bitcoin at the forefront. The blockchain publicly records all Bitcoin transactions which can be used to build a dynamic and complex network to give a representation of the transactions in the underlying monetary system. Despite the cryptographic guarantees there exist inconsistencies and suspicious behavior in the chain. We reported on two such anomalies related to block mining in previous work. In this paper, we build a network using bitcoin transactions and apply techniques from network science to analyse its complex structure. We focus our analysis on sub-networks induced by the two sets of anomalies, and investigate how inequality in terms of wealth and anomaly fraction evolves from the blockchain’s origin. Thereby we present a novel way of using network science to detect and investigate cryptographic anomalies.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::8045a8772da1dff56471297e394c2d63 https://doi.org/10.1007/978-3-030-65351-4_46 Zobrazit plný text záznamu