Anonymizing bitcoin transaction

Dimaz Ankaa Wijaya, Joseph K. Liu*, Ron Steinfeld, Shi Feng Sun, Xinyi Huang

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingConference proceeding contribution

10 Citations (Scopus)

Abstract

Bitcoin is a new online decentralised payment system equipped by a cryptographic system which runs in a peer-to-peer network. While it denies any central authority, it can still verify and validate the transactions by its protocol. To make the transactions accountable, Bitcoin uses an open database which can be seen and checked by anyone. Despite no direct relationship between the Bitcoin transactions and the identity of the users, the information about the users can still be gathered by analysing the information contained in the transactions. We propose a protocol which minimises the relationship between the transactions to protect the information of the payer from the curious payee.

Original languageEnglish
Title of host publicationInformation Security Practice and Experience
Subtitle of host publication12th International Conference, ISPEC 2016, Zhangjiajie, China, November 16-18, 2016, Proceedings
EditorsFeng Bao, Liqun Chen, Robert H. Deng, Guojun Wang
Place of PublicationCham
PublisherSpringer, Springer Nature
Pages271-283
Number of pages13
ISBN (Electronic)9783319491516
ISBN (Print)9783319491509
DOIs
Publication statusPublished - 2016
Externally publishedYes
Event12th International Conference on Information Security Practice and Experience, ISPEC 2016 - Zhangjiajie, China
Duration: 16 Nov 201618 Nov 2016

Publication series

NameLecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)
Volume10060
ISSN (Print)0302-9743
ISSN (Electronic)1611-3349

Other

Other12th International Conference on Information Security Practice and Experience, ISPEC 2016
CountryChina
CityZhangjiajie
Period16/11/1618/11/16

Keywords

  • Anonymity
  • Bitcoin
  • Privacy

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