History of blockchain-Blockchain 1.0: Currency

【Author】 Aggarwal, Shubhani; Kumar, Neeraj

【Source】BLOCKCHAIN TECHNOLOGY FOR SECURE AND SMART APPLICATIONS ACROSS INDUSTRY VERTICALS

【影响因子】

【Abstract】Bitcoin is a cryptocurrency, which is not backed by any country's central bank or government. It can be traded for goods or services with vendors who accept bitcoins as payment. These bitcoins are the blocks of secure data. This data is transferred from one person to another and verifying the transaction, i.e., spending the money that requires high computing power to safely verify the individual transactions. The P2P network monitors and verifies the transfer of bitcoins between users. It can be used to book hotels, shopping, financial transactions, buy video games, etc. In this chapter, we describe the evolution of bitcoin cryptocurrency to evolution of blockchain and their usage in real-world entities.

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【发表时间】2021

【收录时间】2022-02-19

【文献类型】期刊

【主题类别】

区块链治理--