Blockchain, Bitcoin and Cryptocurrency: The Three Aspects of Modern Transactions
Keywords:
Bitcoin, Cryptocurrency, Blockchain, Security Vectors.Abstract
Blockchain, the distributed ledger technology has revolutionized the world of online transactions globally. It has various other uses but the most prominent one is the purpose of it serving as an underlying technology for the most popular and successful cryptocurrencies to this date known as the bitcoin. In this paper, we shall discuss about how the bitcoin, blockchain and the cryptocurrencies are integrated with each other and how they complement each other in order to make the online transaction phenomenon more friendly, accurate and efficient. We also review various security vectors and solutions that come across while deploying these techniques. The future possibilities and exploring probabilities of the three aspects is also very briefly discussed in this paper.
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