Matching Items (3)
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- All Subjects: Cryptocurrency
- Creators: Doupe, Adam
Description
Third-party mixers are used to heighten the anonymity of Bitcoin users. The mixing techniques implemented by these tools are often untraceable on the blockchain, making them appealing to money launderers. This research aims to analyze mixers currently available on the deep web. In addition, an in-depth case study is done on an open-source bitcoin mixer known as Penguin Mixer. A local version of Penguin Mixer was used to visualize mixer behavior under specific scenarios. This study could lead to the identification of vulnerabilities in mixing tools and detection of these tools on the blockchain.
ContributorsPakki, Jaswant (Author) / Doupe, Adam (Thesis director) / Shoshitaishvili, Yan (Committee member) / Computer Science and Engineering Program (Contributor, Contributor) / Barrett, The Honors College (Contributor)
Created2018-12
Description
Ethereum smart contracts are susceptible not only to those vulnerabilities common to all software development domains, but also to those arising from the peculiar execution model of the Ethereum Virtual Machine. One of these vulnerabilities, a susceptibility to re-entrancy attacks, has been at the center of several high-profile contract exploits. Currently, there exist many tools to detect these vulnerabilties, as well as languages which preempt the creation of contracts exhibiting these issues, but no mechanism to address them in an automated fashion. One possible approach to filling this gap is direct patching of source files. The process of applying these patches to contracts written in Solidity, the primary Ethereum contract language, is discussed. Toward this end, a survey of deployed contracts is conducted, focusing on prevalence of language features and compiler versions. A heuristic approach to mitigating a particular class of re-entrancy vulnerability is developed, implemented as the SolPatch tool, and examined with respect to its limitations. As a proof of concept and illustrative example, a simplified version of the contract featured in a high-profile exploit is patched in this manner.
ContributorsLehman, Maxfield Chance Christian (Author) / Bazzi, Rida (Thesis director) / Doupe, Adam (Committee member) / School of Mathematical and Statistical Sciences (Contributor) / Computer Science and Engineering Program (Contributor) / Barrett, The Honors College (Contributor)
Created2018-12
Description
The lack of fungibility in Bitcoin has forced its userbase to seek out tools that can heighten their anonymity. Third-party Bitcoin mixers utilize obfuscation techniques to protect participants from blockchain analysis. In recent years, various centralized and decentralized Bitcoin mixing implementations have been proposed in academic literature. Although these methods depict a threat-free environment for users to preserve their anonymity, public Bitcoin mixers continue to be associated with theft and poor implementation.
This research explores the public Bitcoin mixer ecosystem to identify if today's mixing services have adopted academically proposed solutions. This is done through real-world interactions with publicly available mixers to analyze both implementation and resistance to common threats in the mixing landscape. First, proposed decentralized and centralized mixing protocols found in literature are outlined. Then, data is presented from 19 publicly announced mixing services available on the deep web and clearnet. The services are categorized based on popularity with the Bitcoin community and experiments are conducted on five public mixing services: ChipMixer, MixTum, Bitcoin Mixer, CryptoMixer, and Sudoku Wallet.
The results of the experiments highlight a clear gap between public and proposed Bitcoin mixers in both implementation and security. Today's mixing services focus on presenting users with a false sense of control to gain their trust rather then employing secure mixing techniques. As a result, the five selected services lack implementation of academically proposed techniques and display poor resistance to common mixer-related threats.
This research explores the public Bitcoin mixer ecosystem to identify if today's mixing services have adopted academically proposed solutions. This is done through real-world interactions with publicly available mixers to analyze both implementation and resistance to common threats in the mixing landscape. First, proposed decentralized and centralized mixing protocols found in literature are outlined. Then, data is presented from 19 publicly announced mixing services available on the deep web and clearnet. The services are categorized based on popularity with the Bitcoin community and experiments are conducted on five public mixing services: ChipMixer, MixTum, Bitcoin Mixer, CryptoMixer, and Sudoku Wallet.
The results of the experiments highlight a clear gap between public and proposed Bitcoin mixers in both implementation and security. Today's mixing services focus on presenting users with a false sense of control to gain their trust rather then employing secure mixing techniques. As a result, the five selected services lack implementation of academically proposed techniques and display poor resistance to common mixer-related threats.
ContributorsPakki, Jaswant (Author) / Doupe, Adam (Thesis advisor) / Shoshitaishvili, Yan (Committee member) / Wang, Ruoyu (Committee member) / Arizona State University (Publisher)
Created2020