Physical Sciences and Mathematics Commons^™

Revolution In Crime: How Cryptocurrencies Have Changed The Criminal Landscape, Igor Groysman

Student Theses

This thesis will examine the ways in which various cryptocurrencies have impacted certain traditional crimes. While crime is always evolving with technology, cryptocurrencies are a game changer in that they provide anonymous and decentralized payment systems which, while they can be tracked in a reactive sense via the blockchain, are seen by criminals as having better uses for them than traditional fiat currencies, such as the ability to send money relatively fast to another party without going through an intermediary, or the ability to obscure the origin of the money for money laundering purposes. Every week there are new cryptocurrencies …

Performance Analysis Of Blockchain Platforms, Pradip Singh Maharjan

UNLV Theses, Dissertations, Professional Papers, and Capstones

Blockchain technologies have drawn massive attention to the world these past few years mostly because of the burst of cryptocurrencies like Bitcoin, Etherium, Ripple and many others. A Blockchain, also known as distributed ledger technology, has demonstrated huge potential in saving time and costs. This open-source technology which generates a decentralized public ledger of transactions is widely appreciated for ensuring a high level of privacy through encryption and thus sharing the transaction details only amongst the participants involved in the transactions. The Blockchain is used not only for cryptocurrency but also by various companies to meet their business ends, such …

Cryptovisor: A Cryptocurrency Advisor Tool, Matthew Baldree, Paul Widhalm, Brandon Hill, Matteo Ortisi

SMU Data Science Review

In this paper, we present a tool that provides trading recommendations for cryptocurrency using a stochastic gradient boost classifier trained from a model labeled by technical indicators. The cryptocurrency market is volatile due to its infancy and limited size making it difficult for investors to know when to enter, exit, or stay in the market. Therefore, a tool is needed to provide investment recommendations for investors. We developed such a tool to support one cryptocurrency, Bitcoin, based on its historical price and volume data to recommend a trading decision for today or past days. This tool is 95.50% accurate with …

The Wider Impact Of A National Cryptocurrency, Dennis Ng, Paul Griffin

Research Collection Lee Kong Chian School Of Business

This study looks at the impact of a national cryptocurrency on the payment landscape in the midst of the rise of globalpublic cryptocurrencies and interest from central banks in a possible national cryptocurrency. The impacts are analysed for consumers, merchants, banks,payment providers, international money transfer operators and central banks.The study analyses the pros and cons for each player with an overall impactranking. There is a particular emphasis on central banks as they hold key regulatory oversight for economic and financial matters affecting a country.Whilst finding that there is an overall benefit, there are also significant risks. A sandbox approach is …

Algorithmic Trading For Cryptocurrencies, Michael Ward

Undergraduate Honors Capstone Projects

This project takes several common strategies for algorithmic stock trading and tests them on the cryptocurrency market. The three strategies used are moving average crossover, mean reversion, and pairs trading. Data was collected every five minutes for the top one hundred cryptocurrencies between October 5, 2017, and January 24, 2018. Due to the high volatility of the market, the data includes various market situations. Three noted situations are a rising market, falling market, and relatively stable market. The three strategies were modified to optimally follow each market situation. Modifications include adjusting parameters used in each strategy as well as mixing …

Use Of The Proof-Of-Stake Algorithm For Distributed Consensus In Blockchain Protocol For Cryptocurrency, Spencer J. Hosack

Honors Scholar Theses

Recent attention to Bitcoin and other cryptocurrencies has opened investors and the public to the realm of digital currency. Greater exposure around the world has led to a frenzy of entry into the market and a test into the long-term feasibility of Bitcoin being able to remain a functioning peer-to-peer (P2P), decentralized currency. Its main structure is supported by the Proof-of-Work (PoW) protocol in which users can elect to participate in determining transaction approval and ensuring an honest blockchain. This system relies on elected users to expend computational power and energy to solve puzzles to prove the accuracy of the …

Blockchain: Technical Review, Evan D. Poff

Marriott Student Review

This review of blockchain technology accompanies the article "Strategic Implications of Blockchain."

Buzzwords, Evan D. Poff

Marriott Student Review

This feature will explain the following buzzwords:

• Blockchain
• Cryptocurrency
• Work-Life Integration
• Passive Equities
• Risk-Adjusted Returns

Dynamically Adjusting The Mining Capacity In Cryptocurrency With Binary Blockchain, Yoohwan Kim, Ju-Yeon Jo

Computer Science Faculty Research

Many cryptocurrencies rely on Blockchain for its operation. Blockchain serves as a public ledger where all the completed transactions can be looked up. To place transactions in the Blockchain, a mining operation must be performed. However, due to a limited mining capacity, the transaction confirmation time is increasing. To mitigate this problem many ideas have been proposed, but they all come with own challenges. We propose a novel parallel mining method that can adjust the mining capacity dynamically depending on the congestion level. It does not require an increase in the block size or a reduction of the block confirmation …

If I Had A Million Cryptos: Cryptowallet Application Analysis And A Trojan Proof-Of-Concept, Trevor Haigh, Frank Breitinger, Ibrahim Baggili

Electrical & Computer Engineering and Computer Science Faculty Publications

Cryptocurrencies have gained wide adoption by enthusiasts and investors. In this work, we examine seven different Android cryptowallet applications for forensic artifacts, but we also assess their security against tampering and reverse engineering. Some of the biggest benefits of cryptocurrency is its security and relative anonymity. For this reason it is vital that wallet applications share the same properties. Our work, however, indicates that this is not the case. Five of the seven applications we tested do not implement basic security measures against reverse engineering. Three of the applications stored sensitive information, like wallet private keys, insecurely and one was …