Increasing Anonymity in Bitcoin

  title={Increasing Anonymity in Bitcoin},
  author={Amitabh Saxena and Janardan Misra and Aritra Dhar},
  booktitle={Financial Cryptography Workshops},
Bitcoin prevents double-spending using the blockchain, a public ledger kept with every client. Every single transaction till date is present in this ledger. Due to this, true anonymity is not present in bitcoin. We present a method to enhance anonymity in bitcoin-type cryptocurrencies. In the blockchain, each block holds a list of transactions linking the sending and receiving addresses. In our modified protocol the transactions (and blocks) do not contain any such links. Using this, we obtain… CONTINUE READING
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