Performance and Complexity Analysis of a Reduced Iterations LLL Algorithm

Ouni, Nizar; Bouallègue, Ridha

doi:10.48550/arxiv.1607.03272

Cited by 1 publication

(1 citation statement)

References 0 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…There are many forms of wallets available online the choice of selection truly depends on security and usability. A secure bitcoin is said to be sustainable if it relies strongly on the security aspect of private keys (Ouni and Bouallegue, 2016). The protection of private keys includes ensuring confidentiality thereby making unauthorized access to private keys impossible.…”

Section: Introductionmentioning

confidence: 99%

Application of Elliptic Curve Crypto System to Secure Multi-Signature Bitcoin Block Chain

Ulla¹,

Sakkari²

2023

Journal of Computer Science

View full text Add to dashboard Cite

Blockchain is a technology that enables decentralized digital currencies like bitcoin, ethereum, and ripple. It is widely used in many areas such as healthcare, defense, and industrial domains like internet of things for tracking sensor data and detecting duplicate sensor data. Bitcoin is one of the most popular cryptocurrencies due to its market value and use as a medium of exchange. The trustless secure money exchanges have made bitcoins appealing to people. However, the loose possession of bitcoin keys can lead to monetary loss and a decrease in bitcoin users. In this article, we provide an extensive analysis of major privacy and security issues in the Bitcoin blockchain. First, we discuss the security issues in bitcoin, and second, we discuss countermeasures for these bitcoin threats. Third, we provide an added level of security using elliptic curve cryptography on bitcoin multi-signature accounts. Our research helps bitcoin users understand the risks involved in using non-multi-signature accounts compared to multi-signature accounts. The use of elliptic curve cryptography on bitcoin multi-signature accounts also helps to avoid unnecessary expenses such as bitcoin currency rewards to miners.

show abstract

Section: Introductionmentioning

confidence: 99%