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Research Paper | Computer Science & Engineering | India | Volume 13 Issue 7, July 2024 | Rating: 2.7 / 10

Review: Blockchain and Cryptocurrency: The Future of Digital Transactions

Raghu Raja Mehra ^[2] | Chaitanya Khosla

Abstract: Blockchain, the establishment of Bitcoin, has gotten broad considerations. Blockchain fills in as an unchanging record which permits exchanges happen in a decentralized way. Blockchain - based applications are jumping up, covering various ?elds including ?nancial administrations, notoriety framework and Internet of Things (IoT). There are as yet numerous difficulties of blockchain innovation, for example, versatility and security issues holding back to be survived. This paper displays a far reaching outline on blockchain innovation. We give an outline of blockchain architechture ?rstly and think about some average agreement calculations utilized in various blockchains. Besides, specialized difficulties and ongoing advances are brie?y recorded. We additionally spread out conceivable future patterns for blockchain.

Keywords: Blockchain, Blockchain architecture, decentralization, consensus, scalability, Bitcoin, Gridcoin, Ethereum coins

Edition: Volume 13 Issue 7, July 2024,

Pages: 331 - 336