Abstract
Monero is one of the privacy-preserving cryptocurrencies employing CryptoNote protocol. The privacy features in Monero are provided by cryptographic techniques such as linkable ring signature and one-time public key. Recent studies show that the majority of Monero inputs are traceable prior to mandatory RingCT transaction. After the RingCT was implemented, the problems were mitigated. We propose a novel attack to reduce the anonymity of Monero transactions or even to fully deanonymise the inputs. The proposed protocol can be launched in RingCT protocol and enables multiple attackers to collaborate without trusting each other. The attack scheme can be planted in the existing Monero services without extra fees and without putting the users' money at risk.
| Original language | English |
|---|---|
| Title of host publication | Proceedings - The 17th IEEE International Conference on Trust, Security and Privacy in Computing and Communications (IEEE TrustCom 2018) - The 12th IEEE International Conference on Big Data Science and Engineering (IEEE BigDataSE 2018) |
| Subtitle of host publication | 2018 IEEE Trustcom/BigDataSE |
| Editors | Kim-Kwang Raymond Choo, Yongxin Zhu, Zongming Fei, Bhavani Thuraisingham, Yang Xiang |
| Place of Publication | Piscataway NJ USA |
| Publisher | IEEE, Institute of Electrical and Electronics Engineers |
| Pages | 1196-1201 |
| Number of pages | 6 |
| ISBN (Print) | 9781538643877 |
| DOIs | |
| Publication status | Published - 5 Sep 2018 |
| Event | IEEE International Conference on Trust, Security and Privacy in Computing and Communications and IEEE International Conference on Big Data Science and Engineering (TrustCom/BigDataSE) 2018 - New York, United States of America Duration: 31 Jul 2018 → 3 Aug 2018 Conference number: 17th http://www.cloud-conf.net/trustcom18/ |
Conference
| Conference | IEEE International Conference on Trust, Security and Privacy in Computing and Communications and IEEE International Conference on Big Data Science and Engineering (TrustCom/BigDataSE) 2018 |
|---|---|
| Abbreviated title | TrustCom 2018 |
| Country | United States of America |
| City | New York |
| Period | 31/07/18 → 3/08/18 |
| Internet address |
Keywords
- anonymity
- Monero
- privacy
- ring signature
- traceable
Cite this
}
Monero ring attack : recreating zero mixin transaction effect. / Wijaya, Dimaz Ankaa; Liu, Joseph; Steinfeld, Ron; Liu, Dongxi.
Proceedings - The 17th IEEE International Conference on Trust, Security and Privacy in Computing and Communications (IEEE TrustCom 2018) - The 12th IEEE International Conference on Big Data Science and Engineering (IEEE BigDataSE 2018): 2018 IEEE Trustcom/BigDataSE. ed. / Kim-Kwang Raymond Choo; Yongxin Zhu; Zongming Fei; Bhavani Thuraisingham; Yang Xiang. Piscataway NJ USA : IEEE, Institute of Electrical and Electronics Engineers, 2018. p. 1196-1201 8456034.Research output: Chapter in Book/Report/Conference proceeding › Conference Paper › Research › peer-review
TY - GEN
T1 - Monero ring attack
T2 - recreating zero mixin transaction effect
AU - Wijaya, Dimaz Ankaa
AU - Liu, Joseph
AU - Steinfeld, Ron
AU - Liu, Dongxi
PY - 2018/9/5
Y1 - 2018/9/5
N2 - Monero is one of the privacy-preserving cryptocurrencies employing CryptoNote protocol. The privacy features in Monero are provided by cryptographic techniques such as linkable ring signature and one-time public key. Recent studies show that the majority of Monero inputs are traceable prior to mandatory RingCT transaction. After the RingCT was implemented, the problems were mitigated. We propose a novel attack to reduce the anonymity of Monero transactions or even to fully deanonymise the inputs. The proposed protocol can be launched in RingCT protocol and enables multiple attackers to collaborate without trusting each other. The attack scheme can be planted in the existing Monero services without extra fees and without putting the users' money at risk.
AB - Monero is one of the privacy-preserving cryptocurrencies employing CryptoNote protocol. The privacy features in Monero are provided by cryptographic techniques such as linkable ring signature and one-time public key. Recent studies show that the majority of Monero inputs are traceable prior to mandatory RingCT transaction. After the RingCT was implemented, the problems were mitigated. We propose a novel attack to reduce the anonymity of Monero transactions or even to fully deanonymise the inputs. The proposed protocol can be launched in RingCT protocol and enables multiple attackers to collaborate without trusting each other. The attack scheme can be planted in the existing Monero services without extra fees and without putting the users' money at risk.
KW - anonymity
KW - Monero
KW - privacy
KW - ring signature
KW - traceable
UR - http://www.scopus.com/inward/record.url?scp=85054058206&partnerID=8YFLogxK
U2 - 10.1109/TrustCom/BigDataSE.2018.00165
DO - 10.1109/TrustCom/BigDataSE.2018.00165
M3 - Conference Paper
SN - 9781538643877
SP - 1196
EP - 1201
BT - Proceedings - The 17th IEEE International Conference on Trust, Security and Privacy in Computing and Communications (IEEE TrustCom 2018) - The 12th IEEE International Conference on Big Data Science and Engineering (IEEE BigDataSE 2018)
A2 - Choo, Kim-Kwang Raymond
A2 - Zhu, Yongxin
A2 - Fei, Zongming
A2 - Thuraisingham, Bhavani
A2 - Xiang, Yang
PB - IEEE, Institute of Electrical and Electronics Engineers
CY - Piscataway NJ USA
ER -