Jul 09, 2015Open AccessArticle
Bitcoin, new digital money, recently got into focus. It uses P2P interaction where each owner transfers the electronic coin to the next owner signing and adding to the end of the coin a hash of the previous transaction and the public key of the next owner. Payment verification is accomplished by notifying the entire network about the transaction. This prevents double-spending and avoids the generation of non-existent money. Personal information between parties in the transaction are not transfer...
Information Technologies
