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IEEE Communications Surveys & Tutorials· 2016Q1· Review

Bitcoin and Beyond: A Technical Survey on Decentralized Digital Currencies

Florian Tschorsch, Björn Scheuermann

Short summary

This survey structures and analyzes the technical foundations of Bitcoin and other decentralized digital currencies, revealing core principles applicable beyond cryptocurrency.

AI-generated from the title and abstract; the full text is not read.

Key points

  • The survey systematically introduces the Bitcoin protocol and its core building blocks.
  • It explores the design space of decentralized digital currencies, discussing existing research and results.
  • Fundamental structures and insights at the core of Bitcoin are deduced and analyzed.
  • Key ideas from Bitcoin are shown to be applicable in various other fields beyond digital currencies.

AI-generated from the title and abstract; the full text is not read.

Abstract

Besides attracting a billion dollar economy, Bitcoin revolutionized the field of digital currencies and influenced many adjacent areas. This also induced significant scientific interest. In this survey, we unroll and structure the manyfold results and research directions. We start by introducing the Bitcoin protocol and its building blocks. From there we continue to explore the design space by discussing existing contributions and results. In the process, we deduce the fundamental structures and insights at the core of the Bitcoin protocol and its applications. As we show and discuss, many key ideas are likewise applicable in various other fields, so that their impact reaches far beyond Bitcoin itself.

The authors' abstract, as published at the source. IEEE Communications Surveys & Tutorials, 2016 · DOI ↗

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Field: Information Systems

Information SystemsComputer Science