A Fistful of Bitcoins: Characterizing Payments Among Men with No Names | April 2016 | Communications of the ACM

Bitcoin is a purely online virtual currency, unbacked by either physical commodities or sovereign obligation; instead, it relies on a combination of cryptographic protection and a peer-to-peer protocol for witnessing settlements. Consequently, Bitcoin has the unintuitive property that while the ownership of money is implicitly anonymous, its flow is globally visible. In this paper we … Continue reading A Fistful of Bitcoins: Characterizing Payments Among Men with No Names | April 2016 | Communications of the ACM