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Full-Text Articles in Physical Sciences and Mathematics

Analysis Of Bitcoin Cryptocurrency And Its Mining Techniques, Suman Ghimire May 2019

Analysis Of Bitcoin Cryptocurrency And Its Mining Techniques, Suman Ghimire

UNLV Theses, Dissertations, Professional Papers, and Capstones

Bitcoin is a peer-to-peer digital, decentralized cryptocurrency created by an individual under pseudonym Satoshi Nakamoto. In fact, it is the first digital, decentralized currency. Several developers and organizations have explored the importance of digital cryptocurrency and the concept of the blockchain. Bitcoin is assumed to be one of the secure and comfortable payment methods that can be used in the upcoming days. The backbone of Bitcoin mining is the concept of the blockchain, which is assumed to beone of the ingenious invention of this century. The blockchain is the collection of blocks that are linked together in such a way …


Performance Analysis Of Blockchain Platforms, Pradip Singh Maharjan Aug 2018

Performance Analysis Of Blockchain Platforms, Pradip Singh Maharjan

UNLV Theses, Dissertations, Professional Papers, and Capstones

Blockchain technologies have drawn massive attention to the world these past few years mostly because of the burst of cryptocurrencies like Bitcoin, Etherium, Ripple and many others. A Blockchain, also known as distributed ledger technology, has demonstrated huge potential in saving time and costs. This open-source technology which generates a decentralized public ledger of transactions is widely appreciated for ensuring a high level of privacy through encryption and thus sharing the transaction details only amongst the participants involved in the transactions. The Blockchain is used not only for cryptocurrency but also by various companies to meet their business ends, such …


Dynamically Adjusting The Mining Capacity In Cryptocurrency With Binary Blockchain, Yoohwan Kim, Ju-Yeon Jo Jan 2018

Dynamically Adjusting The Mining Capacity In Cryptocurrency With Binary Blockchain, Yoohwan Kim, Ju-Yeon Jo

Computer Science Faculty Research

Many cryptocurrencies rely on Blockchain for its operation. Blockchain serves as a public ledger where all the completed transactions can be looked up. To place transactions in the Blockchain, a mining operation must be performed. However, due to a limited mining capacity, the transaction confirmation time is increasing. To mitigate this problem many ideas have been proposed, but they all come with own challenges. We propose a novel parallel mining method that can adjust the mining capacity dynamically depending on the congestion level. It does not require an increase in the block size or a reduction of the block confirmation …


Scalability Analysis Of Blockchains Through Blockchain Simulation, Sneha Goswami May 2017

Scalability Analysis Of Blockchains Through Blockchain Simulation, Sneha Goswami

UNLV Theses, Dissertations, Professional Papers, and Capstones

The past decade has witnessed a surge of cryptocurrencies such as bitcoins, litecoin, dogecoin, peercoin, bitcoin being the most popular amongst them. Enthusiasts and skeptics have debated and come up with disparate opinions to contest both the success and failures of such currencies. However, the veracity of such opinions can only be derived after true analysis of the technological breakthroughs that have occurred in this domain. Blockchains being the backbone of such currencies is a broad subject that encompasses economics, law, cryptography and software engineering. Most of these technologies are decentralized and are open source algorithms. Blockchains popularity is largely …