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When the crypto in cryptocurrencies breaks: Bitcoin security under broken primitives

Abstract:

Digital currencies such as Bitcoin rely on cryptographic primitives to operate. However, past experience shows that cryptographic primitives do not last forever: increased computational power and advanced cryptanalysis cause primitives to break and motivate the development of new ones. It is therefore crucial for maintaining trust in a cryptocurrency to anticipate such breakage. We present the first systematic analysis of the effect of broken primitives on Bitcoin. We analyze the ways in whic...

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Publication status:
Published
Peer review status:
Peer reviewed

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Publisher copy:
10.1109/msp.2018.3111253

Authors


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Oxford college:
Kellogg College
Role:
Author
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Institution:
University of Oxford
Division:
MPLS
Department:
Computer Science
Oxford college:
Kellogg College
Role:
Author
ORCID:
0000-0002-9471-9985
Publisher:
Institute of Electrical and Electronics Engineers Publisher's website
Journal:
IEEE Security and Privacy Journal website
Volume:
16
Issue:
4
Pages:
46-56
Publication date:
2018-08-06
Acceptance date:
2017-09-25
DOI:
EISSN:
1558-4046
ISSN:
1540-7993
Source identifiers:
909946
Keywords:
Pubs id:
pubs:909946
UUID:
uuid:37b766d5-c749-41e7-bb24-8d10cde6133f
Local pid:
pubs:909946
Deposit date:
2018-12-19

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