2014/06/20 by Dinesh, Erlich, Gilfoyle +4 · 1 citation
Computer Science · #Blockchain Technology Applications and Security #Computers and Society (cs.CY) #Cryptography and Security (cs.CR) #Distributed #FOS: Computer and information sciences #Internet Traffic Analysis and Secure E-voting #Parallel #Privacy-Preserving Technologies in Data #and Cluster Computing (cs.DC)
paper · pdf · doi:10.48550/arxiv.1406.5440
openalex publication_date 2014/06/20 · openalex created_date 2025/10/10 · openalex updated_date 2026/07/28
On February 2014, 650.000.000 worth of Bitcoins disappeared. Currently it is unclear whether hackers or MtGox, the largest Bitcoin exchange, are to be blamed. In either case, the anonymous and unregulated nature of the Bitcoin system makes it practically impossible for innocent victims to get their money back. We have investigated the technical possibilities, solutions and implications of introducing a regulatory framework based on redlisting Bitcoin accounts. Despite numerous proposals, the Bitcoin community has voiced a strong opinion against any form of regulation. However, most of the discussions were based on speculations rather than facts. We strive to contribute a scientific foundation to these discussions and illuminate the path to crypto-justice.