A fistful of bitcoins: characterizing payments among men with no names

@inproceedings{Meiklejohn2013AFO,
  title={A fistful of bitcoins: characterizing payments among men with no names},
  author={Sarah Meiklejohn and Marjori Pomarole and Grant Jordan and Kirill Levchenko and Damon McCoy and Geoffrey M. Voelker and Stefan Savage},
  booktitle={Internet Measurement Conference},
  year={2013}
}
Bitcoin is a purely online virtual currency, unbacked by either physical commodities or sovereign obligation; instead, it relies on a combination of cryptographic protection and a peer-to-peer protocol for witnessing settlements. Consequently, Bitcoin has the unintuitive property that while the ownership of money is implicitly anonymous, its flow is globally visible. In this paper we explore this unique characteristic further, using heuristic clustering to group Bitcoin wallets based on… CONTINUE READING
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