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Sunday, June 12, 2022

Bitcoins Anonymous?

Examining implications.. 


How One Paper Blew Up Bitcoin's Claim to Anonymity   By ZDNet, June 10, 2022

It has been a totem of the cryptocurrency community that the numeric addresses of Bitcoin and other wallets will protect the identity of those using them to buy and sell. 

A new paper, released this week by researchers at Baylor College of Medicine and Rice University, has shattered that presumed anonymity. Titled "Cooperation among an anonymous group, protected Bitcoin during failures of decentralization," the paper is now posted on the researchers' server.   

Lead researcher Alyssa Blackburn of Baylor and Rice, along with team-mates Christoph Huber, Yossi Eliaz, Muhammad S. Shamim, David Weisz, Goutham Seshadri, Kevin Kim, Shengqi Hang, and Erez Lieberman Aiden, used a technique called "address linking" to study the Bitcoin transactions in the first two years of its existence: January of 2009 to February of 2011.

From ZDNet

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