The interesting thing is, is that this was funded by CITI group and I guess relevantly, conducted by the Weizmann Institute of Science in Israel.
Topic: trash this please (Read 683 times)
Trash this?
lol, yeah wrong topic
Looks like an interesting piece of research into block chain statistics to me. Good stuff. One might quibble with the language (e.g. using "owner" as the controller of a single address) and perhaps the interpretation, but these are definitely interesting numbers. I doubt they made them up, but it would be nice to get an independent confirmation anyway.
lol, yeah wrong topic
Looks like an interesting piece of research into block chain statistics to me. Good stuff. One might quibble with the language (e.g. using "owner" as the controller of a single address) and perhaps the interpretation, but these are definitely interesting numbers. I doubt they made them up, but it would be nice to get an independent confirmation anyway.
wrong topic
http://eprint.iacr.org/2012/584.pdf
The interesting thing is, is that this was funded by CITI group and I guess relevantly, conducted by the Weizmann Institute of Science in Israel.
http://eprint.iacr.org/2012/584.pdf
Quote from: Ron & Shamir
Abstract. The Bitcoin scheme is a rare example of a large scale global payment system in which all the transactions are publicly accessible (but in an anonymous way). We downloaded the full history of this scheme, and analyzed many statistical properties of its associated transaction graph. In this paper we answer for the rst time a variety of interesting questions about the typical behavior of account owners, how they acquire and how they spend their Bitcoins, the balance of Bitcoins they keep in their accounts, and how they move Bitcoins between their various accounts in order to better protect their privacy. In addition, we isolated all the large transactions in the system, and discovered that almost all of them are closely related to a single large transaction that took place in November 2010, even though the associated users apparently tried to hide this fact with many strange looking long chains and fork-merge structures in the transaction graph.
The interesting thing is, is that this was funded by CITI group and I guess relevantly, conducted by the Weizmann Institute of Science in Israel.
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