Journal of Current Research in Blockchain
Vol. 2 No. 2 (2025): Regular Issue June 2025

Classification of Bitcoin Ransomware Transactions Using Random Forest: A Data Mining Approach for Blockchain Security

Emary, Ibrahiem M. M. El (Unknown)
Brzozowska, Anna (Unknown)
Popławski, Łukasz (Unknown)
Dziekański, Paweł (Unknown)
Glova, Jozef (Unknown)



Article Info

Publish Date
01 Jun 2025

Abstract

The rapid evolution of ransomware attacks necessitates robust and scalable detection mechanisms to safeguard digital assets. This study leverages the Bitcoin Ransomware Dataset, comprising 2,916,697 transactions, to evaluate the effectiveness of the Random Forest algorithm in classifying ransomware-related activities. Through comprehensive preprocessing, including feature encoding and standardization, and exploratory data analysis (EDA), the dataset is prepared for modeling. The Random Forest model achieves an overall accuracy of 99%, demonstrating exceptional performance in identifying the majority class. However, challenges persist in classifying minority classes, highlighting the impact of class imbalance. Feature importance analysis reveals that attributes such as income, weight, and length play pivotal roles in the classification process. The study underscores the potential of Random Forest for ransomware detection while emphasizing the need for advanced techniques to address class imbalance and improve minority class performance.

Copyrights © 2025






Journal Info

Abbrev

Journal

Publisher

Subject

Computer Science & IT Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

The Journal of Current Research in Blockchain publishes high-quality research on: Blockchain technology Smart Contract Data Privacy Decentralization Data Distributed Ledger Technology Decentralized Applications Our goal is to provide a platform for researchers, practitioners, and policymakers to ...