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A blockchain, such as Bitcoin, is an append-only, secure, transparent, distributed ledger. A fair blockchain is expected to have healthy metrics; high honest mining power, low processing latency, i.e., low wait times for transactions and…

Cryptography and Security · Computer Science 2020-03-03 Shoeb Siddiqui , Ganesh Vanahalli , Sujit Gujar

Bitcoin inscription marks a pivotal moment in blockchain technology. This report presents a primary exploration of Bitcoin inscriptions. We dive into the technological underpinnings and offer a detailed comparative analysis between Bitcoin…

Cryptography and Security · Computer Science 2024-02-01 Ningran Li , Minfeng Qi , Qin Wang , Shiping Chen

In recent years, Bitcoin price prediction has attracted the interest of researchers and investors. However, the accuracy of previous studies is not well enough. Machine learning and deep learning methods have been proved to have strong…

Statistical Finance · Quantitative Finance 2021-06-25 Liping Yang

Bitcoin and its underlying technology, blockchain, have gained significant popularity in recent years. Satoshi Nakamoto designed Bitcoin to enable a secure, distributed platform without the need for central authorities, and blockchain has…

Computers and Society · Computer Science 2022-12-13 Cuneyt Gurcan Akcora , Yulia R. Gel , Murat Kantarcioglu

The cryptocurrency market is amongst the fastest-growing of all the financial markets in the world. Unlike traditional markets, such as equities, foreign exchange and commodities, cryptocurrency market is considered to have larger…

General Finance · Quantitative Finance 2020-04-06 Fan Fang , Waichung Chung , Carmine Ventre , Michail Basios , Leslie Kanthan , Lingbo Li , Fan Wu

Cryptocurrencies (CCs) become more interesting for institutional investors' strategic asset allocation and will be a fixed component of professional portfolios in future. This asset class differs from established assets especially in terms…

Portfolio Management · Quantitative Finance 2022-05-25 Christoph J. Börner , Ingo Hoffmann , Jonas Krettek , Lars M. Kürzinger , Tim Schmitz

The use of the term blockchain is documented for disparate projects, from cryptocurrencies to applications for the Internet of Things (IoT), and many more. The concept of blockchain appears therefore blurred, as it is hard to believe that…

Cryptography and Security · Computer Science 2021-02-09 Lorenzo Ghiro , Francesco Restuccia , Salvatore D'Oro , Stefano Basagni , Tommaso Melodia , Leonardo Maccari , Renato Lo Cigno

Bitcoin users are directly or indirectly forced to deal with public key cryptography, which has a number of security and usability challenges that differ from the password-based authentication underlying most online banking services. Users…

Cryptography and Security · Computer Science 2018-02-14 Shayan Eskandari , Jeremy Clark , David Barrera , Elizabeth Stobert

Blockchain is a disruptive technology that has been characterised to be the next big thing and has already gained a broad recognition by experts in diverse fields. In this paper, we consider possible use cases and applications of the…

Cryptography and Security · Computer Science 2019-05-06 Nicholas Kolokotronis , Konstantinos Limniotis , Stavros Shiaeles , Romain Griffiths

Despite the fact that it is publicly available, collecting and processing the full bitcoin blockchain data is not trivial. Its mere size, history, and other features indeed raise quite specific challenges, that we address in this paper. The…

Social and Information Networks · Computer Science 2021-06-16 Jules Azad Emery , Matthieu Latapy

Blockchain, the backbone of Bitcoin, has recently gained a lot of attention. Blockchain functions as an immutable record that enables decentralized transactions. Blockchain-based applications are sprouting up in a variety of industries,…

Cryptography and Security · Computer Science 2023-03-23 Aakash Garg , Ankit Tyagi , Anant Patel , Divyansh Raj

Cryptocurrency is a form of digital currency using cryptographic techniques in a decentralized system for secure peer-to-peer transactions. It is gaining much popularity over traditional methods of payments because it facilitates a very…

Cryptography and Security · Computer Science 2023-08-01 Samyak Jain , Sarthak Johari , Radhakrishnan Delhibabu

The mining of bitcoin is modeled using system dynamics, showing that the past evolution of the network hash rate can be explained to a large extent by an efficient market hypothesis applied to the mining of blocks. The possibility of a…

Cryptography and Security · Computer Science 2020-04-21 Davide Lasi , Lukas Saul

The MobilityCoin is a new, all-encompassing currency for the management of the multimodal urban transportation system. MobilityCoins includes and replaces various existing transport policy instruments while also incentivizing a shift to…

The world has been experiencing a mind-blowing expansion of blockchain technology since it was first introduced as an emerging means of cryptocurrency called bitcoin. Currently, it has been regarded as a pervasive frame of reference across…

Cryptography and Security · Computer Science 2021-11-23 Ziaur Rahman , Xun Yi , Ibrahim Khalil , Andrei Kelarev

Cryptocurrencies gain trust in users by publicly disclosing the full creation and transaction history. In return, the transaction history faithfully records the whole spectrum of cryptocurrency user behaviors. This article analyzes and…

Cryptography and Security · Computer Science 2020-10-05 Xiao Fan Liu , Xin-Jian Jiang , Si-Hao Liu , Chi Kong Tse

This document is written as an academic exercise, with the goal of exploring the feasibility of writing a white paper in accordance with Regulation (EU) 2023/1114 (MiCA). It is meant as a Proof of Concept (PoC) illustrating a concrete…

Cryptography and Security · Computer Science 2024-03-19 Juan Ignacio Ibañez , Lena Klaaßen , Ulrich Gallersdörfer , Christian Stoll

Bitcoin demonstrated the possibility of a financial ledger that operates without the need for a trusted central authority. However, concerns persist regarding its security and considerable energy consumption. We assess the consensus…

Computer Science and Game Theory · Computer Science 2025-03-04 Jacob D. Leshno , Elaine Shi , Rafael Pass

The digital currency Bitcoin has had remarkable growth since it was first proposed in 2008. Its distributed nature allows currency transactions without a central authority by using cryptographic methods and a data structure called the…

Quantum Physics · Physics 2020-09-28 Jonathan Jogenfors

Blockchain technology has emerged as a necessity for the decentralization of payment methods and transactions, but it has brought with it many properties of distributed systems that have made it a crucial technology for overcoming some of…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-03-25 M. Witter , A. Rodrigo De Vit