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The famous new money Bitcoin is classified as a technical informational money (TIM). Besides introducing the idea of a TIM, a more extreme notion of informational money will be developed: exclusively informational money (EXIM). The…

计算机与社会 · 计算机科学 2013-12-31 Jan A. Bergstra , Karl de Leeuw

The question "what is Bitcoin" allows for many answers depending on the objectives aimed at when providing such answers. The question addressed in this paper is to determine a top-level classification, or type, for Bitcoin. We will classify…

计算机与社会 · 计算机科学 2014-02-20 Jan A. Bergstra , Peter Weijland

A cryptocurrency is a decentralized digital currency that is designed for secure and private asset transfer and storage. As a currency, it should be difficult to counterfeit and double-spend. In this paper, we review and analyze the major…

密码学与安全 · 计算机科学 2019-04-26 Ehab Zaghloul , Tongtong Li , Matt Mutka , Jian Ren

Two taxonomies of money that include cryptocurrencies are analyzed. A definition of the term cryptocurrency is given and a taxonomy of them is presented, based on how its price is fixed. The characteristics of the use of current fiat money…

综合金融 · 定量金融 2020-02-21 Jorge Barrera

Digital currencies represent a new method for exchange and investment that differs strongly from any other fiat money seen throughout history. A digital currency makes it possible to perform all financial transactions without the…

计算机与社会 · 计算机科学 2015-03-11 Xianyi Gao , Gradeigh D. Clark , Janne Lindqvist

Digital payment schemes show an ever increasing importance. Out of the countless different schemes available this article focuses on the popular Bitcoin system. The authors provide a description of Bitcoin's unique technological basis and…

计算机与社会 · 计算机科学 2013-09-02 Artus Krohn-Grimberghe Christoph Sorge

Designed to compete with fiat currencies, bitcoin proposes it is a crypto-currency alternative. Bitcoin makes a number of false claims, including: solving the double-spending problem is a good thing; bitcoin can be a reserve currency for…

计算工程、金融与科学 · 计算机科学 2018-07-06 Brian P. Hanley

Bitcoins have emerged as a possible competitor to usual currencies, but other crypto-currencies have likewise appeared as competitors to the Bitcoin currency. The expanding market of crypto-currencies now involves capital equivalent to…

物理与社会 · 物理学 2014-03-26 Stefan Bornholdt , Kim Sneppen

Elections are not the only but arguably one of the most important pillars for the proper functioning of liberal democracies. Recent evidence across the globe shows that it is not straightforward to conduct them in a free and fair manner.…

密码学与安全 · 计算机科学 2025-09-23 Uwe Serdült

For money-like informational commodities the notions of architectural adequacy and evolutionary adequacy are proposed as the first two stages of a moneyness maturity hierarchy. Then three classes of informational commodities are…

计算机与社会 · 计算机科学 2015-04-28 Jan A. Bergstra

This research paper provides a comprehensive analysis of Bitcoin, delving into its evolution, adoption, and potential future implications. As the pioneering cryptocurrency, Bitcoin has sparked significant interest and debate in recent…

密码学与安全 · 计算机科学 2023-04-07 Neelesh Mungoli

One of the fundamental applications for a practically useful system of money is remuneration. Information pertaining to the amount of compensation awarded to different individuals is often considered sensitive, commanding a certain degree…

计算机与社会 · 计算机科学 2017-03-14 S. Matthew English , Ehsan Nezhadian

Bitcoin's success has led to significant interest in its underlying components, particularly Blockchain technology. Over 10 years after Bitcoin's initial release, the community still suffers from a lack of clarity regarding what properties…

密码学与安全 · 计算机科学 2019-09-30 Scott Ruoti , Ben Kaiser , Arkady Yerukhimovich , Jeremy Clark , Robert Cunningham

Bitcoin has demonstrated there are many security improvements applicable to normal currency. As the human race expands and we colonize other planets, we have to consider how we are going to extend integral parts of of society, and that…

密码学与安全 · 计算机科学 2016-04-15 Abrahim Ladha

Cryptocurrency refers to a type of digital asset that uses distributed ledger, or blockchain, technology to enable a secure transaction. Although the technology is widely misunderstood, many central banks are considering launching their own…

计算金融 · 定量金融 2020-07-30 Wolfgang Karl Härdle , Campbell R. Harvey , Raphael C. G. Reule

Blockchain technology, and more specifically Bitcoin (one of its foremost applications), have been receiving increasing attention in the scientific community. The first publications with Bitcoin as a topic, can be traced back to 2012. In…

数字图书馆 · 计算机科学 2019-06-24 Ignasi Merediz-Solà , Aurelio F. Bariviera

In this paper we discuss Bitcoin, the leader among the existing cryptocurrencies, to analyse its trends, success factors, current challenges and probable solutions to make it even better. In the introduction section, we discuss the history…

密码学与安全 · 计算机科学 2014-12-24 Siddharth Prakash Rao

Cryptocurrency is something that we have all heard about recently, most likely preceded by bitcoin, and how much its prices have boomed over the decade. These cryptocurrencies are actually based on blockchain, a secure datatype, and…

密码学与安全 · 计算机科学 2023-03-13 Nayak Bhatia , Sanchit Bansal , Smit Desai

We introduce blockchains and distributed ledgers and describe their potential applications to money and banking. The analysis compares public and private ledgers and outlines the suitability of various types of ledgers for different…

数理金融 · 定量金融 2017-03-07 Alexander Lipton

Anonymity in Bitcoin, a peer-to-peer electronic currency system, is a complicated issue. Within the system, users are identified by public-keys only. An attacker wishing to de-anonymize its users will attempt to construct the one-to-many…

物理与社会 · 物理学 2012-05-08 Fergal Reid , Martin Harrigan
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