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Fanti, G., Venkatakrishnan, S. B., Bakshi, S., Denby, B., Bhargava, S., & Miller, A., et al. (2018). Dandelion++: Lightweight cryptocurrency networking with formal anonymity guarantees. Proc. ACM Meas. Anal. Comput. Syst. 2(2). 
Added by: Rucknium (10/22/22, 8:53 PM)   
Resource type: Journal Article
DOI: 10.1145/3224424
BibTeX citation key: Fanti2018a
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Categories: Not Monero-focused
Keywords: anonymity, cryptocurrencies, p2p networks
Creators: Bakshi, Bhargava, Denby, Fanti, Miller, Venkatakrishnan, Viswanath
Collection: Proc. ACM Meas. Anal. Comput. Syst.
Views: 93/1759
Attachments   fanti2018.pdf [58/786] URLs
Recent work has demonstrated significant anonymity vulnerabilities in Bitcoin's networking stack. In particular, the current mechanism for broadcasting Bitcoin transactions allows third-party observers to link transactions to the IP addresses that originated them. This lays the groundwork for low-cost, large-scale deanonymization attacks. In this work, we present Algopp, a first-principles defense against large-scale deanonymization attacks with near-optimal information-theoretic guarantees. Dandelion++ builds upon a recent proposal called Dandelion that exhibited similar goals. However, in this paper, we highlight some simplifying assumptions made in Dandelion, and show how they can lead to serious deanonymization attacks when violated. In contrast, Dandelion++ defends against stronger adversaries that are allowed to disobey protocol. Dandelion++ is lightweight, scalable, and completely interoperable with the existing Bitcoin network. We evaluate it through experiments on Bitcoin's mainnet (i.e., the live Bitcoin network) to demonstrate its interoperability and low broadcast latency overhead.
Added by: Rucknium  
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