Bitcoin: Under the Hood.

The article offers information on bitcoins. Bitcoin, a digital cryptocurrency which was launched in the year 2009, has been growing gradually. It is a purely digital currency that allows payments to be sent fast over the Internet with very less fees. Digital wallets with advanced interfaces can be f...

Descripción completa

Detalles Bibliográficos
Publicado en:Communications of the ACM Vol. 58; no. 9; pp. 104 - 114
Autor principal: ZOHAR, AVIV
Formato: Artículo
Publicado: Association for Computing Machinery Sep2015
Materias:
Acceso en línea:Ver este registro en EBSCOhost
Descripción
Sumario:The article offers information on bitcoins. Bitcoin, a digital cryptocurrency which was launched in the year 2009, has been growing gradually. It is a purely digital currency that allows payments to be sent fast over the Internet with very less fees. Digital wallets with advanced interfaces can be found in app stores, and point-of-sale systems allow businesses to accept bitcoins more readily than earlier. Bitcoin's core innovation, which may prolong its effect beyond digital currencies, is the basis of a famous problem in computer science, the Byzantine consensus problem. INSET: Bitcoin¿s Proof-of-Work.