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Everything You Ever Wanted to Know About Bitcoin Mixers (But Were Afraid to Ask)

Abstract 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 mixer... (more)
Created Date 2020
Contributor Pakki, Jaswant (Author) / Doupe, Adam (Advisor) / Shoshitaishvili, Yan (Committee member) / Wang, Ruoyu (Committee member) / Arizona State University (Publisher)
Subject Computer science / Anonymity / Bitcoin / Blockchain / Cryptocurrency / Cybersecurity / Mixer
Type Masters Thesis
Extent 84 pages
Language English
Note Masters Thesis Computer Science 2020
Collaborating Institutions Graduate College / ASU Library
Additional Formats MODS / OAI Dublin Core / RIS

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Description Dissertation/Thesis