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Technical Perspective: The State (and Security) of the Bitcoin Economy


To view the accompanying paper, visit doi.acm.org/10.1145/2896384

Suppose we had a complete record of every single financial transaction that took place worldwide over a span of five years. What could we learn by studying the patterns encoded in this complex ledger?

The following paper examines this question in the context of Bitcoin, an emerging cryptocurrency that boasts a large and diverse economy, including many legitimate and some notable less-than-legal users.


 

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