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Bitcoin: Technical Background and Data Analysis

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 | #9987097 in Books |  Reserve Board Federal |  2015-10-31 |  2015-10-31 | Original language:English | PDF # 1 |  11.00 x.10 x8.50l,.25 | File type: PDF | 40 pages

 | Bitcoin Technical Background and Data Analysis

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Broadly speaking, Bitcoin is a scheme designed to facilitate the transfer of value be- tween parties. Unlike traditional payment systems, which transfer funds denominated in sovereign currencies, Bitcoin has its own metric for value called bitcoin (with lowercase letter \b", and abbreviated as Btc1). Bitcoin is a complex scheme, and its implementa- tion involves a combination of cryptography, distributed algorithms, and incentive driven behaviour. Moreover, recent develo...

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