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A Glimpse towards Bitcoin and its Reality Analysis on Mining and Protocol

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A Glimpse towards Bitcoin and its Reality Analysis on Mining and Protocol


K. Vinitha | Dr. S. Vasantha

https://doi.org/10.31142/ijtsrd2384



K. Vinitha | Dr. S. Vasantha "A Glimpse towards Bitcoin and its Reality Analysis on Mining and Protocol" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-1 | Issue-5, August 2017, pp.992-996, URL: https://www.ijtsrd.com/papers/ijtsrd2384.pdf

Bitcoin has advanced as the most fruitful cryptographic currency in history. Since its launch in 2009. Bitcoin grew to comprise billions of dollars of economic value. Since then a lot of literature has been identi?ed with concealed-but-vital properties of the system, exposed attacks, proposed promising alternatives, and singled out dif?cult future challenges. This paper threw light to many related cryptocurrencies or ‘altcoins’ and enables a more insightful analysis of Bitcoin’s properties. The researcher maps the space for providing analyses for bitcoin mining, bitcoin protocol, and bitcoin value determinations. This paper surveys the anonymity in Bitcoins and provides an insight into the framework for analysing the mining hardware, the calculation of Bitcoin value by reviewing various literatures and websites related to Bitcoins.

Bitcoins, Cryptocurrency, Mining


IJTSRD2384
Volume-1 | Issue-5, August 2017
992-996
IJTSRD | www.ijtsrd.com | E-ISSN 2456-6470
Copyright © 2019 by author(s) and International Journal of Trend in Scientific Research and Development Journal. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (CC BY 4.0) (http://creativecommons.org/licenses/by/4.0)

International Journal of Trend in Scientific Research and Development - IJTSRD having online ISSN 2456-6470. IJTSRD is a leading Open Access, Peer-Reviewed International Journal which provides rapid publication of your research articles and aims to promote the theory and practice along with knowledge sharing between researchers, developers, engineers, students, and practitioners working in and around the world in many areas like Sciences, Technology, Innovation, Engineering, Agriculture, Management and many more and it is recommended by all Universities, review articles and short communications in all subjects. IJTSRD running an International Journal who are proving quality publication of peer reviewed and refereed international journals from diverse fields that emphasizes new research, development and their applications. IJTSRD provides an online access to exchange your research work, technical notes & surveying results among professionals throughout the world in e-journals. IJTSRD is a fastest growing and dynamic professional organization. The aim of this organization is to provide access not only to world class research resources, but through its professionals aim to bring in a significant transformation in the real of open access journals and online publishing.

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