On The Scalability And Security Of Bitcoin (Distributed Computing Series) (Volume 25)

 On the Scalability and Security of Bitcoin (Distributed Computing Series) (Volume 25) PDF ePub fb2 book

Since its inception in late 2008, Bitcoin has enjoyed a rapid growth, both in value and in the number of transactions. Its success is mostly due to innovative use of a peer-to-peer network to implement all aspects of a currency's lifecycle - from creation to its transfer between users. Bitcoin offers cash-like transactions that are near-instantaneous and non-refundable, while at the same time allo...

Series: Distributed Computing Series (Book 25)
Paperback: 196 pages
Publisher: CreateSpace Independent Publishing Platform (January 19, 2016)
Language: English
ISBN-10: 9781530769452
ISBN-13: 978-1530769452
ASIN: 1530769450
Product Dimensions: 5 x 0.4 x 8 inches
Amazon Rank: 4008122
Format: PDF ePub Text TXT fb2 ebook

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global transactions, processed at the same speed as local ones. It offers a public transaction history, enabling trustless auditability, and it introduces many new and innovative use-cases such as smart property, micropayments, contracts, and escrow transactions for dispute mediation.