Reuse of Public Keys Across UTXO and Account-Based Cryptocurrencies
- URL: http://arxiv.org/abs/2601.19500v1
- Date: Tue, 27 Jan 2026 11:38:09 GMT
- Title: Reuse of Public Keys Across UTXO and Account-Based Cryptocurrencies
- Authors: Rainer Stütz, Nicholas Stifter, Melitta Dragaschnig, Bernhard Haslhofer, Aljosha Judmayer,
- Abstract summary: Cross-chain address reuse appears to be a recurring phenomenon.<n>We analyze key reuse across Bitcoin, Litecoin, Dogecoin, Zcash and Tron.
- Score: 0.946046736912201
- License: http://arxiv.org/licenses/nonexclusive-distrib/1.0/
- Abstract: It is well known that reusing cryptocurrency addresses undermines privacy. This also applies if the same addresses are used in different cryptocurrencies. Nevertheless, cross-chain address reuse appears to be a recurring phenomenon, especially in EVM-based designs. Previous works performed either direct address matching, or basic format conversion, to identify such cases. However, seemingly incompatible address formats e.g., in Bitcoin and Ethereum, can also be derived from the same public keys, since they rely on the same cryptographic primitives. In this paper, we therefore focus on the underlying public keys to discover reuse within, as well as across, different cryptocurrency networks, enabling us to also match incompatible address formats. Specifically, we analyze key reuse across Bitcoin, Ethereum, Litecoin, Dogecoin, Zcash and Tron. Our results reveal that cryptographic keys are extensively and actively reused across these networks, negatively impacting both privacy and security of their users. We are hence the first to expose and quantify cross-chain key reuse between UTXO and account-based cryptocurrencies. Moreover, we devise novel clustering methods across these different cryptocurrency networks that do not rely on heuristics and instead link entities by their knowledge of the underlying secret key.
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