Zerocash: Decentralized Anonymous Payments from Bitcoin

@article{BenSasson2014ZerocashDA,
  title={Zerocash: Decentralized Anonymous Payments from Bitcoin},
  author={Eli Ben-Sasson and Alessandro Chiesa and Christina Garman and Matthew Green and Ian Miers and Eran Tromer and Madars Virza},
  journal={2014 IEEE Symposium on Security and Privacy},
  year={2014},
  pages={459-474}
}
Bit coin is the first digital currency to see widespread adoption. While payments are conducted between pseudonyms, Bit coin cannot offer strong privacy guarantees: payment transactions are recorded in a public decentralized ledger, from which much information can be deduced. Zero coin (Miers et al., IEEE S&P 2013) tackles some of these privacy issues by unlinking transactions from the payment's origin. Yet, it still reveals payments' destinations and amounts, and is limited in functionality… CONTINUE READING
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