ISSN (Online) : 2456 - 0774

Email :

ISSN (Online) 2456 - 0774



Abstract: A purely peer-to-peerversion of electronic cash would allow online payments to be sent directly fromone party to another without going through a financial institution. Digitalsignatures provide part of the solution, but the main benefits are lost if atrusted third party is still required to prevent double-spending. We propose asolution to the double-spending problem using a peer-to-peer network. Thenetwork time stamps transactions by hashing them into an ongoing chain ofhash-based proof-of work, forming a record that cannot be changed withoutredoing the proof-of-work. The longest chain not only serves as proof of thesequence of events witnessed, but proof that it came from the largest pool ofCPU power. As long as a majority of CPU power is controlled by nodes that arenot cooperating to attack the network, they'll generate the longest chain andoutpace attackers. The network itself requires minimal structure. Messages arebroadcast on a best effort basis, and nodes can leave and re-join the networkat will, accepting the longest proof-of-work chain as proof of what happenedwhile they were gone.

Keywords: Cryptocurrency,Block chain, MinningRig, Bitcoin, E-Cash, Digital Cash, Bitcoin mining, PaymentNode.

Full Text PDF


Submit paper at

Paper Submission Open For September 2020
UGC indexed  2017-2019
Last date for paper submission 30 September , 2020
Deadline Submit Paper any time
Publication of Paper Within 01-02 Days after completing all the formalities
Paper Submission Open For online Conference 
Publication Fees(6 Authors) Rs.1000    (Up to 06 Authors)