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tutorial

Condensed Cryptographic Currencies Crash Course (C5)

Published: 24 October 2016 Publication History

Abstract

"Bitcoin is a rare case where practice seems to be ahead of theory." Joseph Bonneau et al. [3] This tutorial aims to further close the gap between IT security research and the area of cryptographic currencies and block chains. We will describe and refer to Bitcoin as an example throughout the tutorial, as it is the most prominent representative of such a system. It also is a good reference to discuss the underlying block chain mechanics which are the foundation of various altcoins and other derived systems. In this tutorial, the topic of cryptographic currencies is solely addressed from a technical IT security point-of-view. Therefore we do not cover any legal, sociological, financial or economical aspects.
The tutorial is designed for participants with a solid IT security background but will not assume any prior knowledge on cryptographic currencies. Thus, we will quickly advance our discussion into core aspects of this field.
This tutorial is a modified version of the tutorial held at WWW2016[9]. It incorporates received feedback and customized content.

References

[1]
A. Back et al. Hashcash-a denial of service counter-measure. http://www.hashcash.org/papers/hashcash.pdf, 2002. Accessed: 2016-03-09.
[2]
Blockchain.info. Bitcoin currency statistics. http://blockchain.info/. Accessed: 2015-06--30.
[3]
J. Bonneau, A. Miller, J. Clark, A. Narayanan, J. A. Kroll, and E. W. Felten. Sok: Research perspectives and challenges for bitcoin and cryptocurrencies. In IEEE Symposium on Security and Privacy, 2015.
[4]
D. Chaum. Blind signatures for untraceable payments. In Advances in cryptology, pages 199--203. Springer, 1983.
[5]
D. Chaum. Security without identification: Transaction systems to make big brother obsolete. Communications of the ACM, 28(10):1030--1044, 1985.
[6]
D. Chaum, A. Fiat, and M. Naor. Untraceable electronic cash. In Proceedings on Advances in cryptology, pages 319--327. Springer-Verlag New York, Inc., 1990.
[7]
H. Finney. Reusable proofs of work (rpow). http://web.archive.org/web/20071222072154/http://rpow.net/, 2004. Accessed: 2016-04--31.
[8]
J. Garay, A. Kiayias, and N. Leonardos. The bitcoin backbone protocol: Analysis and applications. In Advances in Cryptology-EUROCRYPT 2015, pages 281--310. Springer, 2015.
[9]
A. Judmayer and E. Weippl. Cryptographic currencies crash course (c4). http://www2016.net/proceedings/companion/p1021.pdf, Apr 2016. Accessed: 2016-06-06.
[10]
K. Krombholz, A. Judmayer, M. Gusenbauer, and E. Weippl. The other side of the coin: User experiences with bitcoin security and privacy. In International Conference on Financial Cryptography and Data Security (FC), 2 2016.
[11]
S. Nakamoto. Bitcoin: A peer-to-peer electronic cash system. https://bitcoin.org/bitcoin.pdf, Dec 2008. Accessed: 2015-07-01.
[12]
Narayanan, Arvind and Bonneau, Joseph and Felten, Edward and Miller, Andrew and Goldfeder, Steven. Bitcoin and cryptocurrency technologies. https://d28rh4a8wq0iu5.cloudfront.net/bitcointech/readings/princeton_bitcoin_book.pdf?a=1, 2016. Accessed: 2016-03--29.
[13]
F. Tschorsch and B. Scheuermann. Bitcoin and beyond: A technical survey on decentralized digital currencies. In IEEE Communications Surveys Tutorials, volume PP, pages 1--1, 2016.

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Published In

cover image ACM Conferences
CCS '16: Proceedings of the 2016 ACM SIGSAC Conference on Computer and Communications Security
October 2016
1924 pages
ISBN:9781450341394
DOI:10.1145/2976749
Permission to make digital or hard copies of part or all of this work for personal or classroom use is granted without fee provided that copies are not made or distributed for profit or commercial advantage and that copies bear this notice and the full citation on the first page. Copyrights for third-party components of this work must be honored. For all other uses, contact the Owner/Author.

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Association for Computing Machinery

New York, NY, United States

Publication History

Published: 24 October 2016

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Author Tags

  1. bitcoin
  2. block chain
  3. blockchain
  4. cryptographic currencies

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  • Tutorial

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  • FFG Bridge Early Stage

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CCS'16
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CCS '16 Paper Acceptance Rate 137 of 831 submissions, 16%;
Overall Acceptance Rate 1,261 of 6,999 submissions, 18%

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