A Probabilistic Analysis on Crypto-Currencies Based on Blockchain

2017 International Conference on Next Generation Computing and Information Systems (ICNGCIS) Pub Date : 2017-12-01 DOI:10.1109/ICNGCIS.2017.37

M. Bhat, Shafalika Vijayal

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引用次数: 7

Abstract

The blockchain is a perceptive invention - the discovery of a person or group of people. But since its invention, it has evolved into something greater and present opportunities for tempestuous innovation. Blockchain has tried to allure evreryone across different domains like industrial sector, banking, healthcare, land holdings and even the public and private sector. The blockchain is an imperishable digital log of financial transactions that can be scheduled to record not just efficient transactions but practically everything that holds a price. It enables global business transactions with less conflict and more trust. Blockchain has invented an era into technology in which the digital information can be distributed without being imitated. Bitcoin blockchain is the most popular public blockchain network, with around 10K nodes. The other big cryptocurrency blockchain project is Ethereum. Ethereum however wasn't designed to be a form of currency but instead it is intended to enable "smart contracts". Many cryptocurrencies are built on the top of blockchain, with the most popular being Bitcoin. In this paper we are going to present an overview of the blockchain technology with focus on two most widely used cryptocurrencies and their comparative analysis.

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基于区块链的加密货币概率分析

区块链是一项敏锐的发明——一个人或一群人的发现。但自发明以来，它已经演变成更大的东西，并为激烈的创新提供了机会。区块链试图吸引不同领域的每个人，如工业部门、银行、医疗保健、土地持有，甚至公共和私营部门。区块链是一个不朽的金融交易数字日志，它不仅可以记录有效的交易，还可以记录几乎所有有价格的交易。它使全球商业交易减少冲突，增加信任。区块链开创了一个数字信息可以不被模仿地分发的技术时代。比特币区块链是最受欢迎的公共区块链网络，拥有大约10K个节点。另一个大型加密货币区块链项目是以太坊。然而，以太坊并不是被设计成一种货币形式，而是旨在实现“智能合约”。许多加密货币都建立在区块链之上，其中最受欢迎的是比特币。在本文中，我们将概述区块链技术，重点介绍两种最广泛使用的加密货币及其比较分析。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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2017 International Conference on Next Generation Computing and Information Systems (ICNGCIS)

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