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Monero Ring Attack: Recreating Zero Mixin Transaction Effect

conference contribution
posted on 2018-01-01, 00:00 authored by Dimaz Wijaya, J Liu, R Steinfeld, D Liu
© 2018 IEEE. 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.

History

Event

Trust, Security and Privacy in Computing and Communications. Conference (17th : 2018 : New York, N.Y.)

Pagination

1196 - 1201

Publisher

IEEE

Location

New York, N.Y.

Place of publication

Piscataway, N.J.

Start date

2018-08-01

End date

2018-08-03

ISBN-13

9781538643877

Language

eng

Publication classification

E1.1 Full written paper - refereed

Title of proceedings

TrustCom/BigDataSE 2018 : The 17th IEEE International Conference on Trust, Security and Privacy in Computing and Communications : the 12th IEEE International Conference on Big Data Science and Engineering : proceedings : 31 July–3 August 2018, New York, New York

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