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Bitcoin:Surveying First Revolutionary Cryptographic Virtual Currency

S.M. Nasti1 , S.J.Nasti 2 , R.Bashir 3 , M.A. Butt4

  1. Department of Computer Science and Information Technology, Central University of Jammu, Jammu, India.
  2. Department of Computer Sciences, BGSB University, Rajouri, India.
  3. Department of Computer Sciences, Islamic University of Science and Technology, Awantipora, India.
  4. Department of Computer Sciences, University of Kashmir, Srinagar, India.

Correspondence should be addressed to: meshoaibnasti@gmail.com.

Section:Review Paper, Product Type: Journal Paper
Volume-6 , Issue-1 , Page no. 101-103, Jan-2018

CrossRef-DOI:   https://doi.org/10.26438/ijcse/v6i1.101103

Online published on Jan 31, 2018

Copyright © S.M. Nasti, S.J.Nasti, R.Bashir, M.A. Butt . This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

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IEEE Style Citation: S.M. Nasti, S.J.Nasti, R.Bashir, M.A. Butt, “Bitcoin:Surveying First Revolutionary Cryptographic Virtual Currency,” International Journal of Computer Sciences and Engineering, Vol.6, Issue.1, pp.101-103, 2018.

MLA Style Citation: S.M. Nasti, S.J.Nasti, R.Bashir, M.A. Butt "Bitcoin:Surveying First Revolutionary Cryptographic Virtual Currency." International Journal of Computer Sciences and Engineering 6.1 (2018): 101-103.

APA Style Citation: S.M. Nasti, S.J.Nasti, R.Bashir, M.A. Butt, (2018). Bitcoin:Surveying First Revolutionary Cryptographic Virtual Currency. International Journal of Computer Sciences and Engineering, 6(1), 101-103.

BibTex Style Citation:
@article{Nasti_2018,
author = {S.M. Nasti, S.J.Nasti, R.Bashir, M.A. Butt},
title = {Bitcoin:Surveying First Revolutionary Cryptographic Virtual Currency},
journal = {International Journal of Computer Sciences and Engineering},
issue_date = {1 2018},
volume = {6},
Issue = {1},
month = {1},
year = {2018},
issn = {2347-2693},
pages = {101-103},
url = {https://www.ijcseonline.org/full_paper_view.php?paper_id=1640},
doi = {https://doi.org/10.26438/ijcse/v6i1.101103}
publisher = {IJCSE, Indore, INDIA},
}

RIS Style Citation:
TY - JOUR
DO = {https://doi.org/10.26438/ijcse/v6i1.101103}
UR - https://www.ijcseonline.org/full_paper_view.php?paper_id=1640
TI - Bitcoin:Surveying First Revolutionary Cryptographic Virtual Currency
T2 - International Journal of Computer Sciences and Engineering
AU - S.M. Nasti, S.J.Nasti, R.Bashir, M.A. Butt
PY - 2018
DA - 2018/01/31
PB - IJCSE, Indore, INDIA
SP - 101-103
IS - 1
VL - 6
SN - 2347-2693
ER -

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Abstract

Bitcoin - a new virtual currency may change the world as it is the first currency which is not tied to any bank or government agency. It is also the first global currency that uses cryptography allowing users to utilize money anonymously and having full control over its saving and expenditure. Since its inception in 2009, it is still in its infancy but is gaining popularity with each passing day and might replace existing currencies in near future. Bitcoin being open source acts as a revolutionary currency for e-procurement. The aim of this paper is to explore the concept behind exchanging and trading, introduces the concept of Bitcoin and illustrates the process of Bitcoin mining.

Key-Words / Index Term

Bitcoin, Mining, Money, Virtual Currency

References

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