Open Access   Article Go Back

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.

View this paper at   Google Scholar | DPI Digital Library

XML View
PDF Download

How to Cite this Paper

  • IEEE Citation
  • MLA Citation
  • APA Citation
  • BibTex Citation
  • RIS Citation

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 -

VIEWS PDF XML
1418 790 downloads 365 downloads
  
  
           

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

[1] Nakamoto.S ,"Bitcoin: A peer-to-peer electronic cash system." ,2008.
[2] https://www.coindesk.com/peter-thiel-bitcoin-like-reserve-form-money/
[3] https://www.forbes.com/sites/johnmauldin/2014/12/01/is-bitcoin-the-future/#2f38eb4b2ceb
[4] Ali.S,Clarke.D and McCorry. P,"Bitcoin: Perils of an Unregulated Global P2P Currency",New Castle University Computer Sciences,No. CS-TR-1470,2005.
[5] Khan.QR, Butt. MA, Asger M, Zaman M, “Integrity Model based Intrusion Detection System: A Practical Approach” International Journal of Computer Applications.Vol. 115(10), 2015.
[6] Razeef.M, Butt. MA, and Zaman. M, "Review of Predictive Analytic Modeling Techniques."
[7] Mehraj.M, Butt.MA and Zaman.M, “Automatic Speech Recognition Approach For Diverse Voice Commands”, International Journal. Vol.8(9).2017.
[8] Firdous. A., Pawar.N., Butt. M.A. and Zaman.M., “Character Recognition: A Signature Approach” ,International Journal of Advanced Research in Computer Science,Vol. 8(5), 2017.
[9] Hassan .M., Butt. M.A. and Zaman.M “Logistic Regression Versus Neural Networks: The Best Accuracy in Prediction of Diabetes Disease.”; Asian Journal of Computer Science and Technology, Vol.6(2), pp.33-42. 2017.
[10] Firdous, A., Pawar, N., Butt, M.A. and Zaman, M.,”Character Recognition: A Signature Approach.”, International Journal of Advanced Research in Computer Science, 8(5). 2017.
[11] https://99bitcoins.com/bill-gates-bitcoin/
[12] https://bitcointrader.org.au/testimonial/eric-schmidt-ceo-of-google/
[13] Nayak, Deveeshree, and. Butt, M.A "Empowering cloud security through sla." International Journal of Global Research in Computer Science (UGC Approved Journal) ,pp.30-33, 2017.
[14] Butt. M.A et al. "Threat Mitigation Strategy in Information System using Intrusion Detection System: A General Classification Reviews." International Journal of Computer Applications,Vol. 115(10 )2015.
Diana.K "An Analysis Of Anonymity In Bitcoin Using P2P Network Traffic." 2013.