CRMay 12, 2021

Tomen: Application of Bitcoin Transaction Based on Tor

arXiv:2105.05943v1
Originality Synthesis-oriented
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This addresses privacy concerns for Bitcoin users, but it appears incremental as it combines existing methods (Tor encryption) with Bitcoin transactions.

The authors tackled the threat to Bitcoin transaction anonymity from analysis algorithms by proposing Tomen, an encryption application that integrates Tor's encryption principles into the communication process, aiming to anonymize Bitcoin transactions.

Bitcoin has emerged in 2008, and after decades of development, it has become the largest trading currency by far. The core of the blockchain is to ensure the anonymity of user transactions. As more and more analysis algorithms for blockchain transactions appear, the anonymity of the blockchain is increasingly threatened. We propose Tomen, an encryption application for the communication process in the bitcoin transaction process, combined with the encryption principle method of Tor. The goal is to achieve the application of the anonymization of bitcoin transaction communication.

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