Bitcoin is a digital currency created in January 2009 following the housing market crash that promises lower transaction fees than traditional online payment mechanisms. Though each bitcoin transaction is recorded in a public log, the names of buyers and sellers are never revealed. While that keeps bitcoin users' transactions private, it also lets them buy or sell anything without easily tracing it back to them. Bitcoin is based on cryptographic evidence, which therefore does not suffer from the weakness present in a model based on trust in guarantee authorities. The use of cryptography is of crucial importance in the Bitcoin system. In addition to maintaining data secrecy, in the case of Bitcoin, cryptography is used to make it impossible for anyone to spend money from another user's wallet. In our paper, we develop the idea that it is possible to reverse the cryptography process based on hash functions (one-way) through Machine Translation with neural networks. Assuming this hypothesis is true and considering some quantistic algorithms to decrypt certain types of hash functions, we will highlight their effects on the Bitcoin system.

Neural Network Contribute to Reverse Cryptographic Processes in Bitcoin Systems: attention on SHA256

Luca Grilli
;
2022

Abstract

Bitcoin is a digital currency created in January 2009 following the housing market crash that promises lower transaction fees than traditional online payment mechanisms. Though each bitcoin transaction is recorded in a public log, the names of buyers and sellers are never revealed. While that keeps bitcoin users' transactions private, it also lets them buy or sell anything without easily tracing it back to them. Bitcoin is based on cryptographic evidence, which therefore does not suffer from the weakness present in a model based on trust in guarantee authorities. The use of cryptography is of crucial importance in the Bitcoin system. In addition to maintaining data secrecy, in the case of Bitcoin, cryptography is used to make it impossible for anyone to spend money from another user's wallet. In our paper, we develop the idea that it is possible to reverse the cryptography process based on hash functions (one-way) through Machine Translation with neural networks. Assuming this hypothesis is true and considering some quantistic algorithms to decrypt certain types of hash functions, we will highlight their effects on the Bitcoin system.
File in questo prodotto:
Non ci sono file associati a questo prodotto.

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: http://hdl.handle.net/11369/419367
Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus ND
  • ???jsp.display-item.citation.isi??? ND
social impact