A review of crypto networks
- Published
- Accepted
- Subject Areas
- Adaptive and Self-Organizing Systems, Autonomous Systems, Cryptography, Data Mining and Machine Learning, Network Science and Online Social Networks
- Keywords
- Crypto Networks, Network Science, Bitcoin
- Copyright
- © 2018 Zhang et al.
- Licence
- This is an open access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, reproduction and adaptation in any medium and for any purpose provided that it is properly attributed. For attribution, the original author(s), title, publication source (PeerJ Preprints) and either DOI or URL of the article must be cited.
- Cite this article
- 2018. A review of crypto networks. PeerJ Preprints 6:e26911v1 https://doi.org/10.7287/peerj.preprints.26911v1
Abstract
Bitcoin is a crypto currency system that has been rapidly adopted due to its anonymity and decentralized properties. Blockchain is the underpinning technology that maintains the Bitcoin transaction ledger. The blockchain network operates in a state of consensus, which automatically checks in with itself periodically. One of biggest innovation by Bitcoin system is that it is a new way to develop open networks. Anything that happens on the blockchain is a function of the network as a whole. Crypto networks represent a fundamental shift in the way our society transacts, organizes, and works with each other, which could be explained and deciphered by econophysics of the network itself. From a networking perspective, we reviewed a list of current literatures that studied the crypto networks, mostly Bitcoin transaction networks. We identified the potential research areas that would further provide insights into the design of a more resilient and secure crypto networks.
Author Comment
This is a preprint submission to PeerJ