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LibraryConsensus2015Design paperCorpus record

Research Perspectives and Challenges for Bitcoin and Cryptocurrencies

Bitcoin SoK. Joseph Bonneau, Andrew Miller, Jeremy Clark, Arvind Narayanan, Joshua A. Kroll and Edward W. Felten.

This systematisation names the stability and consensus questions, the client problems, and the open research problems as of its date. It is a map, not a new protocol.

A reading of the public paper. Not a copy, not a benchmark, and not a claim about any later network.

When a pitch invents a new problem name, see whether this map already had it.
Evidence
Primary paper
Re-measured
No
Assumptions
3
Records linked
4

Code

Source, repository, and what is actually hosted

  • ePrint 2015/261https://eprint.iacr.org/2015/261
  • The source URL is not a GitHub repository. No code remote is invented.
  • Full text is not mirrored. Public availability is not a licence to copy the file onto this site.
  • Add to a reading list

01 Claim ledger

What the paper is allowed to say

Each row is a sentence already in the study. The status is the same on every row: a model claim, not a live measurement.

  1. Claim 01 · Paper model

    The defect

    By 2015 the bitcoin literature was already a pile of blog posts and papers that did not share definitions.

  2. Claim 02 · Paper model

    The proposal

    This systematisation names the stability and consensus questions, the client problems, and the open research problems as of its date. It is a map, not a new protocol.

  3. Claim 03 · Paper model

    A SoK is allowed to expire.

    The value is the decomposition: consensus, mining, clients, anonymity, extensions.

  4. Claim 04 · Paper model

    The bound

    It proves no new theorem about a coin you can buy.

02 Three cuts

Observation, model, falsifier

A desk does not stop at the summary. Each claim is cut three ways, using only this study's own assumptions and checks. Nothing here is a new figure.

  1. 01 The defect

    Observation

    What the study says

    By 2015 the bitcoin literature was already a pile of blog posts and papers that did not share definitions.

    Model

    What has to hold

    It is not the bitcoin white paper.

    Falsifier

    What would retire it

    Is the citation being used as a map or as a proof?

  2. 02 The proposal

    Observation

    What the study says

    This systematisation names the stability and consensus questions, the client problems, and the open research problems as of its date. It is a map, not a new protocol.

    Model

    What has to hold

    Anonymity claims inside it are about the systems of that year.

    Falsifier

    What would retire it

    Which section is the claim from?

  3. 03 A SoK is allowed to expire.

    Observation

    What the study says

    The value is the decomposition: consensus, mining, clients, anonymity, extensions.

    Model

    What has to hold

    Anonymity claims inside it are about the systems of that year.

    Falsifier

    What would retire it

    Has a later paper in the library closed that item?

  4. 04 The bound

    Observation

    What the study says

    It proves no new theorem about a coin you can buy.

    Model

    What has to hold

    It proves no new theorem about a coin you can buy.

    Falsifier

    What would retire it

    Is the citation being used as a map or as a proof?

03 Sequence

One action, as an operating tape

  1. 01Use it to see which problem a new paper claims to close.
  2. 02Check whether the problem is still open.
  3. 03Do not treat the 2015 threat list as a 2026 audit.
  4. 04Which section is the claim from?

04 Load-bearing

The argument, and where a pitch drops it

  1. What the paper is for

    The cut

    When a pitch invents a new problem name, see whether this map already had it.

    Why it carries weight

    If this cut is skipped, the paper's name is being used without the mechanism that makes the name mean anything.

    Where it is dropped

    A later client, parameter or reward formula is a different object from this paragraph.

  2. What happened after

    The cut

    Many of the open problems it lists were later papers in this library: selfish mining, clients, anonymity, proof of stake.

    Why it carries weight

    If this cut is skipped, the paper's name is being used without the mechanism that makes the name mean anything.

    Where it is dropped

    Anonymity claims inside it are about the systems of that year.

05 Register

What has to be true

  • Model · Not re-measured

    It proves no new theorem about a coin you can buy.

  • Model · Not re-measured

    Anonymity claims inside it are about the systems of that year.

  • Model · Not re-measured

    It is not the bitcoin white paper.

06 Divergence

What happened after the paper

Many of the open problems it lists were later papers in this library: selfish mining, clients, anonymity, proof of stake.

A later client, parameter set, or reward formula is a different object. Cite this paper for the mechanism. Cite a primary release for the network. This desk has not re-run the proof.

07 Pre-mortem

What to check before you use the idea

  1. 0 of 3 marked on this browser. A mark is a reading note, not a pass, a rating, or a recommendation.

08 Anatomy

The paper, in the order a builder needs

The problem it names

By 2015 the bitcoin literature was already a pile of blog posts and papers that did not share definitions.

What the design proposes

  • A SoK is allowed to expire.
  • The value is the decomposition: consensus, mining, clients, anonymity, extensions.
  • Citing it as proof of a modern chain is a mistake.

How the mechanism is specified

  • Use it to see which problem a new paper claims to close.
  • Check whether the problem is still open.
  • Do not treat the 2015 threat list as a 2026 audit.

What this page does not treat as proven

  • It proves no new theorem about a coin you can buy.
  • Anonymity claims inside it are about the systems of that year.
  • It is not the bitcoin white paper.

Why the desk still reads it

When a pitch invents a new problem name, see whether this map already had it.

09 Lexicon

Terms, opened into the record

SoK
A systematisation of knowledge. A map of a field, not a protocol.
Stability
The informal property that a payment stops being reversible.

10 Repository

Every linked record on this page

Underlined words open a page that already exists: a concept, a protocol profile, a failure record, or another paper. If a word is not underlined, this desk does not have a record for it.

This is Blockchain Lab's reading of a public design paper. It is not the paper, not a copy of it, and not an offer of tokens, equity, custody or a partnership. Later network behaviour can diverge from the text. Nothing here is investment, legal or technical advice.

Research status: Design paper. Last reviewed: 1 October 2026. This is a reading of a public paper, not investment, legal or security advice.