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Full-Text Articles in Information Security

From Asset Flow To Status, Action And Intention Discovery: Early Malice Detection In Cryptocurrency, Ling Cheng, Feida Zhu, Yong Wang, Ruicheng Liang, Huiwen Liu Dec 2023

From Asset Flow To Status, Action And Intention Discovery: Early Malice Detection In Cryptocurrency, Ling Cheng, Feida Zhu, Yong Wang, Ruicheng Liang, Huiwen Liu

Research Collection School Of Computing and Information Systems

Cryptocurrency has been subject to illicit activities probably more often than traditional financial assets due to the pseudo-anonymous nature of its transacting entities. An ideal detection model is expected to achieve all three critical properties of early detection, good interpretability, and versatility for various illicit activities. However, existing solutions cannot meet all these requirements, as most of them heavily rely on deep learning without interpretability and are only available for retrospective analysis of a specific illicit type. To tackle all these challenges, we propose Intention Monitor for early malice detection in Bitcoin, where the on-chain record data for a certain …


Blockchain Security: Double-Spending Attack And Prevention, William Henry Scott Iii May 2023

Blockchain Security: Double-Spending Attack And Prevention, William Henry Scott Iii

Electronic Theses and Dissertations

This thesis shows that distributed consensus systems based on proof of work are vulnerable to hashrate-based double-spending attacks due to abuse of majority rule. Through building a private fork of Litecoin and executing a double-spending attack this thesis examines the mechanics and principles behind the attack. This thesis also conducts a survey of preventative measures used to deter double-spending attacks, concluding that a decentralized peer-to-peer network using proof of work is best protected by the addition of an observer system whether internal or external.


Secure Hierarchical Deterministic Wallet Supporting Stealth Address, Xin Yin, Zhen Liu, Guomin Yang, Guoxing Chen, Haojin Zhu Sep 2022

Secure Hierarchical Deterministic Wallet Supporting Stealth Address, Xin Yin, Zhen Liu, Guomin Yang, Guoxing Chen, Haojin Zhu

Research Collection School Of Computing and Information Systems

Over the past decade, cryptocurrency has been undergoing a rapid development. Digital wallet, as the tool to store and manage the cryptographic keys, is the primary entrance for the public to access cryptocurrency assets. Hierarchical Deterministic Wallet (HDW), proposed in Bitcoin Improvement Proposal 32 (BIP32), has attracted much attention and been widely used in the community, due to its virtues such as easy backup/recovery, convenient cold-address management, and supporting trust-less audits and applications in hierarchical organizations. While HDW allows the wallet owner to generate and manage his keys conveniently, Stealth Address (SA) allows a payer to generate fresh address (i.e., …


Secure Deterministic Wallet And Stealth Address: Key-Insulated And Privacy-Preserving Signature Scheme With Publicly Derived Public Key, Zhen Liu, Guomin Yang, Duncan S. Wong, Khoa Nguyen, Huaxiong Wang, Xiaorong Ke, Yining Liu Sep 2022

Secure Deterministic Wallet And Stealth Address: Key-Insulated And Privacy-Preserving Signature Scheme With Publicly Derived Public Key, Zhen Liu, Guomin Yang, Duncan S. Wong, Khoa Nguyen, Huaxiong Wang, Xiaorong Ke, Yining Liu

Research Collection School Of Computing and Information Systems

Deterministic Wallet (DW) and Stealth Address (SA) mechanisms have been widely adopted in the cryptocurrency community, due to their virtues on functionality and privacy protection, which come from a key derivation mechanism that allows an arbitrary number of derived keys to be generated from a master key. However, these algorithms suffer a vulnerability that, when one derived key is compromised somehow, the damage is not limited to the leaked derived key only, but to the master key and in consequence all derived keys are compromised. In this article, we introduce and formalize a new signature variant, called Key-Insulated and Privacy-Preserving …


Data Insertion In Bitcoin's Blockchain, Andrew Sward, Vecna Op_0, Forrest Stonedahl Jul 2017

Data Insertion In Bitcoin's Blockchain, Andrew Sward, Vecna Op_0, Forrest Stonedahl

Computer Science: Faculty Scholarship & Creative Works

This paper provides the first comprehensive survey of methods for inserting arbitrary data into Bitcoin's blockchain. Historical methods of data insertion are described, along with lesser-known techniques that are optimized for efficiency. Insertion methods are compared on the basis of efficiency, cost, convenience of data reconstruction, permanence, and potentially negative impact on the Bitcoin ecosystem.