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A Survey of Cryptocurrencies based on Blockchain

  • Kim, Junsang (Dept. of Computer Science, Inha Technical College)
  • Received : 2018.12.06
  • Accepted : 2019.01.02
  • Published : 2019.02.28

Abstract

Since the announcement of bitcoin, new cryptocurrencies have been launched steadily and blockchain technology is also evolving with cryptocurrcies. In particular, security-related technologies such as consensus algorithm and hash algorithm have been improved and transaction processing speed has also been drastically improved to a level that can replace a centralized system. In addition, the advent of smart contract technology and the DApp platform also provides a means for cryptocurrency to decentralize social services beyond just payment. In this paper, we first describe the technologies for implementing cryptocurrency. And the major cryptocurrencies are described with a focus on the technical characteristics. In addition, the development of cryptocurrency technology is expanding the scope of use, so we tried to introduce various cryptocurrencies.

Keywords

CPTSCQ_2019_v24n2_67_f0001.png 이미지

Fig. 1. Blockchain Architecture

Table. 1. Specifications of Cryptocurrencies

CPTSCQ_2019_v24n2_67_t0001.png 이미지

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Cited by

  1. A Survey of Decentralized Finance(DeFi) based on Blockchain vol.26, pp.3, 2019, https://doi.org/10.9708/jksci.2021.26.03.059