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  4. Master Thesis/Bitcoins

Master Thesis/Bitcoins

Swansea University (SWAN)

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BITCOINS: Mining, Transaction, Security Challenges & Future of this currency

  • BITCOINS: Mining, Transaction, Security Challenges & Future of this currency

  • Thesis • 94 pages • 2016
  • In this dissertation, I am going to present a comprehensive research on Bitcoin. Bitcoin was introduced in 2009. This is a decentralized digital currency and works like cash, but they are mined like gold (Volastro, CNBC Explains: How to mine bitcoins on your own, 2014). In this thesis, I will explain that how this currency works and how user can mine Bitcoins. Bitcoins mining is very hard process, it is almost impossible to create Bitcoins on simple computer. You need specialist hardware to gene...
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