A Study on Risk and Return on Bitcoin
View/ Open
Date
2022-05-06Author
Pandey, Ms. Swarnika
Md Suhaib
Mohammad Shadan
Meraj Ali
Metadata
Show full item recordAbstract
In 2009, the first state-of-the-art currency was used by Satoshi Nakamoto, which combines the basic
elements of ownership management using public key crypto with a algorithm to keep search of who owns coins,
known as "proof of work". The P2P electronic currency version may allow to be sent directly from one person
to another without visit any bank or instituion or any third party.It is work on the blockchain technology Or we
can say web 3.0(bitcoin) Digital sign offer part of the solution, but the main advantages are lost when a reliable
external company is still needed to prevent double spending. The network adjusts the timestamp by quickly
accelerating a continuous series of hash-based work, creating an irreplaceable record without resuming proof
of performance, more importantly, part of the Bitcoin test is a basic blockchain technology as a distributed
consensus tool, and attention immediately begins to switch to this other aspect of Bitcoin. Other commonly cited
blockchain technology applications include the use of digital assets in the blockchain to represent custom
currencies and financial tools.