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Bayesian Community Discovery on the Bitcoin Blockchain
Bitcoin is a digital currency where transactions between users are recorded on a public ledger, known as the blockchain. On the blockchain, transactions are attributed to anonymous addresses; however, some users---mostly, businesses and organizations---choose to identify themselves with tagged addresses. We explore a subset of tagged transactional data from the Bitcoin blockchain during the first four years of its existence. Our goal is to identify communities of related users and their behavioural spending-patterns. We represent this dataset as a temporal network of users, with weighted edges signifying the transfer of bitcoin amongst users at a certain time. We construct a Bayesian nonparametric mixture model for discovering latent class-structure in transactional data networks. Furthermore, by pooling information within communities of users, this model can be used to summarize the underlying dynamics of the time-series data.
Date and Time
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Additional Authors and Speakers (not including you)
Alexandre Bouchard-Côté
University of British Columbia
Paul Gustafson
University of British Columbia
Language of Oral Presentation
English
Language of Visual Aids
English

Speaker

Edit Name Primary Affiliation
Creagh Briercliffe The University of British Columbia