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Physical Sciences and Mathematics Commons

Open Access. Powered by Scholars. Published by Universities.®

2019

University of Nevada, Las Vegas

Computer Sciences

UNLV Theses, Dissertations, Professional Papers, and Capstones

Crypto analysis

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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 …