An Analysis of Anonymity in the Bitcoin System

@article{Reid2011AnAO,
  title={An Analysis of Anonymity in the Bitcoin System},
  author={Fergal Reid and Martin Harrigan},
  journal={2011 IEEE Third Int'l Conference on Privacy, Security, Risk and Trust and 2011 IEEE Third Int'l Conference on Social Computing},
  year={2011},
  pages={1318-1326}
}
Anonymity in Bit coin, a peer-to-peer electronic currency system, is a complicated issue. Within the system, users are identified by public-keys only. An attacker wishing to de-anonymize its users will attempt to construct the one to-many mapping between users and public-keys and associate information external to the system with the users. Bitcoinfrustrates this attack by storing the mapping of a user to his or her public-keys on that user's node only and by allowing each user to generate as… CONTINUE READING

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