PDF eBook
Sample Preview
Size 264k
Free
Download a sample of the first 25 pages
Download Preview

Entire PDF eBook
1879k
$24
Get instant access to an entire eBook
Buy PDF Password Download Complete PDF
eBook editions

Bitcoins

Mining, Transaction, Security Challenges and Future of This Currency

by Muhammad Aslam Zahid
 Paperback   small ebook icon   eBook PDF
Publisher:  Dissertation
Pub date:  2015
Pages:  88
ISBN-10:  1612334326
ISBN-13:  9781612334325
Categories:  Computer Science  Computers  Business & Economics

Abstract

In this dissertation, I have presented a comprehensive research on Bitcoin. Bitcoin was introduced in 2009. This is a decentralized digital currency and works like cash, but they are mined like gold (Volastro, CNBC Explains: How to mine bitcoins on your own, 2014). In this thesis, I will explain that how this currency works and how users can mine Bitcoins. Bitcoins mining is a very hard process, it is almost impossible to create Bitcoins on simple computer. You need specialist hardware to generate Bitcoins. Pool mining is quite popular these days, as numbers of people are taking interest in making money, so the difficulty level of mining Bitcoin is increasing day by day. I am using codes based on publically available sources in order to explore the algorithms for mining, hashing and transaction of Bitcoins (Setzer, 2014). I will explain how the blockchain concept can be used for more than just money (Jones, 2014). Weakness and security challenges faced by Bitcoins are part of this paper.



PDF eBook
Sample Preview
Size 264k
Free
Download a sample of the first 25 pages
Download Preview

Entire PDF eBook
1879k
$24
Get instant access to an entire eBook
Buy PDF Password Download Complete PDF
eBook editions
Share this book