Robust clustering of Ethereum transactions using time leakage from fixed nodes

Abstract

Ethereum has received increasing attention as the first blockchain platform to support smart contracts. Data mining has become an important tool for analyzing Ethereum transactions. However, existing methods have the disadvantage of covering partial transactions and being vulnerable to privacy-enhancing techniques. In this paper, we propose a scheme for transaction correlation with the node as an entity, which can cover all transactions while being resistant to privacy-enhancing techniques. Utilizing timestamps relayed from N fixed nodes to describe the network properties of transactions, we cluster transactions that enter the network from the same source node. Experimental results show that our method can determine with 97% precision whether two transactions enter the network from the same source node.