e-ISSN:0976-5166
p-ISSN:2231-3850


INDIAN JOURNAL OF COMPUTER SCIENCE AND ENGINEERING

Call for Papers 2020

Apr 2020 - Volume 11, Issue 2
Deadline: 15 Mar 2020
Notification: 15 Apr 2020
Publication: 30 Apr 2020

Jun 2020 - Volume 11, Issue 3
Deadline: 15 Apr 2020
Notification: 15 Jun 2020
Publication: 30 Jun 2020

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ABSTRACT

Title : BITCOIN AND DOUBLE-SPENDING: HOW PAVING THE WAY FOR BETTERMENT LEADS TO EXPLOITATION
Authors : Nujud A. Alabdali, Mohammed A. AlZain, Mehedi Masud, Jehad Al-Amri, Mohammed Baz
Keywords : double-spending, security attack, fast payments, Bitcoin.
Issue Date : Jan-Feb 2020
Abstract :
Bitcoin is a cryptocurrency that has gained popularity over the last decade. The scheme of its implementation does not call for a trusted third party to validate the coins spent or the currency made. Therefore, Bitcoin has been developed to grant users the privilege of purchasing anonymously and performing other transactions while not going through a financial institution. In this paper, we review the challenge of keeping the identities of Bitcoin users anonymous while maintaining secure payments. More specifically, we present double-spending, a security attack, in fast payments and examine some of the counterattack initiatives taken to protect payments in Bitcoin.
Page(s) : 81-88
ISSN : 0976-5166
Source : Vol. 11, No.1
PDF : Download
DOI : 10.21817/indjcse/2020/v11i1/201101066