Bitcoin

Author:

Ahmad Feroz Ahmad1,Kumar Prashant2,Shrivastava Gulshan3ORCID,Bouhlel Med Salim4

Affiliation:

1. Galgotias University, India

2. GCET Noida, India

3. National Institute of Technology Patna, India

4. Sciences and Technologies of Image and Telecommunications (SETIT), Sfax University, Tunisia

Abstract

In this chapter, a digital decentralized cryptocurrency system where transactions are secured by cryptography and are independent of any centralized third party is discussed. The different characteristics of bitcoins and how transactions occur between two bitcoin users along with some facts and examples are also discussed. The rapid internet development facilitates cyber-attacks to all type of online transactions and also to bitcoin network transactions. Some security issues are also discussed in the chapter along with the cyber-crimes and their punishments.

Publisher

IGI Global

Reference24 articles.

1. PDOD: Tree-Based Algorithm For Outlier Detection.;D.Aggarwal;Proceedings of Int’l Conference on Computer Vision and Information Technology,2007

2. Bitter to Better — How to Make Bitcoin a Better Currency

3. Becker, G. (2008). Merkle signature schemes, merkle trees and their cryptanalysis. Ruhr-University Bochum, Tech. Rep.

4. Clark, J. B. A. M. J., Edward, A. N. J. A. K., & Felten, W. (2015). Research Perspectives and Challenges for Bitcoin and Cryptocurrencies. Academic Press.

5. Learned lessons in credit card fraud detection from a practitioner perspective

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