Anonymity Analysis of Bitcoin, Zcash and Ethereum

Abstract

As an innovative type of decentralized model, blockchain is a growing list of blocks linked by cryptography. Blockchain incorporates anonymity protocol, distributed data storage, consensus algorithm, and smart contract. The anonymity protocols in blockchain are significant in that they could protect users from leaking their personal information. In this paper, we will conduct a detailed review and comparison of anonymity protocols used in three famous cryptocurrencies, namely Bitcoin, Zcash, and Ethereum.