A deep learning-integrated proxy model for efficient cryptocurrency payments

Abstract

Blockchain technology allows decentralized cryptocurrencies to change digital finances by providing secure, pseudonymous transactions to users. Since blockchain ledgers operate in a public environment, users can face potential privacy risks due to the exposure of their transaction patterns. Conventional cryptocurrency systems use block generation for transaction confirmation, yet this process produces latency and impacts the real-time efficiency of transactions. This paper develops a proxy-assisted cryptocurrency payment system that employs blind signature principles to achieve better system privacy and enhanced speed. The core functionality of this proposed system aims to protect transaction secrecy as it speeds up confirmation processes. A proxy node handles transaction requests through blind signature protocols that guarantee data confidentiality as part of the methodology. The proposed system utilizes deep learning tools, which include recurrent neural networks (RNN), graph neural networks (GNN), and reinforcement learning (RL) to forecast confirmation results, identify scams, and control proxy functions dynamically. Research indicates that the introduced method substantially boosts privacy features, decreases transaction latencies, and enhances the security of all transactions by providing an encouraging roadmap for secure cryptocurrency systems that preserve privacy.