There Will Be Coins: A Security Analysis of the Bitcoin Network

Presented at ToorCamp 2014, July 12, 2014, 6 p.m. (50 minutes)

The Bitcoin network processes upwards of $500,000,000 worth of digital transactions a day. As the popularity of this new form of currency grows, the security behind its software becomes increasingly important.

For individuals new to Bitcoin we will introduce the core concepts of this technology. From there we will discuss some past and present risks to the core network. Afterwords we will discuss our approach in assessing the protocols and describe the construction of our fuzzing environment. Finally we will reveal some newly discovered vulnerabilities in the mining software. We aim for you to leave this presentation with a deeper curiosity and understanding of modern crypto-currency security.

Presenters:

• Mick Ayzenberg
  Mick Ayzenberg is a Security Consultant at Déjà vu Security where he focuses on web and software application penetration testing. He specializes in fuzzing methodology and has co-instructed the Peach Fuzzer: Effective Fuzzing course at Black Hat USA. His current research involves crypto-currencies and the security of these payment networks.

Similar Presentations:

• Kiwicon V: It Goes b00m (2011) / Follow the money: bling-bling real compton city g bitcoin forensic accounting
• The Eleventh HOPE (2016) / De-Anonymizing Bitcoin One Transaction at a Time
• HushCon 2014 / There Will Be Coins: A Security Analysis of the Bitcoin Mining Network