Resurrecting Address Clustering in Bitcoin

Blockchain analysis is essential for understanding how cryptocurrencies like Bitcoin are used in practice, and address clustering a cornerstone of blockchain analysis. However, current techniques rely on heuristics that have not been rigorously evaluated or optimized. In this paper, we tackle several challenges change identification clustering. First, build ground truth set transactions with known from the can be to validate efficacy individual detection heuristics. Equipped data set, develop new predict outputs low false positive rates. After applying our prediction model blockchain, analyze resulting ways detect prevent cluster collapse. Finally, assess impact enhanced has two exemplary applications.