Biblio

Anomaly detection is one of the research hotspots in Bitcoin transaction data analysis. In view of the existing research that only considers the transaction as an isolated node when extracting features, but has not yet used the network structure to dig deep into the node information, a bitcoin abnormal transaction detection method that combines the node’s own features and the neighborhood features is proposed. Based on the formation mechanism of the interactive relationship in the transaction network, first of all, according to a certain path selection probability, the features of the neighbohood nodes are extracted by way of random walk, and then the node’s own features and the neighboring features are fused to use the network structure to mine potential node information. Finally, an unsupervised detection algorithm is used to rank the transaction points on the constructed feature set to find abnormal transactions. Experimental results show that, compared with the existing feature extraction methods, feature fusion improves the ability to detect abnormal transactions.

CAPTCHAs have become an ubiquitous defense used to protect open web resources from being exploited at scale. Traditionally, attackers have developed automatic programs known as CAPTCHA solvers to bypass the mechanism. With the presence of cheap labor in developing countries, hackers now have options to use human solvers. In this research, we develop a game theoretical framework to model the interactions between the defender and the attacker regarding the design and countermeasure of CAPTCHA system. With the result of equilibrium analysis, both parties can determine the optimal allocation of software-based or human-based CAPTCHA solvers. Counterintuitively, instead of the traditional wisdom of making CAPTCHA harder and harder, it may be of best interest of the defender to make CAPTCHA easier. We further suggest a welfare-improving CAPTCHA business model by involving decentralized cryptocurrency computation.