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MoneroResearch.info |
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Aeeneh, S., Chervinski, J. O., Yu, J., & Zlatanov, N. 2021, May, New Attacks on the Untraceability of Transactions in CryptoNote-Style Blockchains. Paper presented at 2021 IEEE International Conference on Blockchain and Cryptocurrency (ICBC). Added by: Rucknium (04/03/2025, 19:18) |
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| Resource type: Proceedings Article DOI: 10.1109/ICBC51069.2021.9461130 BibTeX citation key: anon2021 View all bibliographic details  |
Categories: Monero-focused Keywords: Privacy;Protocols;Error analysis;Conferences;Blockchain;Probabilistic logic;Cryptography;blockchain;CryptoNote;privacy;Monero;information theory Creators: Aeeneh, Chervinski, Yu, Zlatanov Collection: 2021 IEEE International Conference on Blockchain and Cryptocurrency (ICBC) |
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CryptoNote is a privacy-focused blockchain protocol. Currently, more than 10 different cryptocurrencies including Monero, a popular cryptocurrency with a 1-year average market cap of 2 billion USD, have been developed based on the CryptoNote’s protocol. CryptoNote obscures the connection between inputs and outputs of a transaction by adding decoy inputs. In this paper, we introduce probabilistic attacks to the untraceability of CryptoNote which substantially degrades the level of privacy of CryptoNote-style blockchains. We analyze the effectiveness of the proposed attacks and derive their error rates.
Added by: Rucknium |