Security Concerns and Issues for Bitcoin

Provided by: International Journal of Computer Applications
Topic: Security
Format: PDF
In this paper, the authors focus on the unique characteristics of Bitcoin as a cryptocurrency and the major security issues regarding the mining process and transaction process of Bitcoin. Now-a-days, Bitcoin is emerging as the most successful implementation of the concept known as cryptocurrency. The Bitcoin records its transactions in a public log called the blockchain. The distributed protocols that maintain the blockchain are responsible for the security of the Bitcoin. The blockchain is run by participants known as the miners.

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