Bitter to Better

Bitter to Better- How to Make Bitcoin a Better Currency

Simon Barber, Xavier Boyen, Elaine Shi, and Ersin Uzun

Number of pages:
15 pages

Bitcoin is a distributed digital currency which has attracted a substantial number of users.We do an in-depth investigation to understand what makes Bitcoin so successful, while decades of research on cryptographic e-cash has not led to a large-scale deployment. We ask also how Bitcoin could become a good candidate for all-lived stable currency. In doing so, we identify several issues and attacks of Bitcoin, and propose suitable techniques to address them.

Bitcoin is a digital currency that has attracted many users. We conducted an in-depth investigation to understand what made Bitcoin so successful, while for decades, research on e-cash cryptography has not yet led to large-scale deployment. We also ask how Bitcoin can be a stable currency candidate throughout life. To do so, we identify some issues and attacks on bitcoins, as well as search for the right techniques to deal with such attacks.

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Cloud Faucet Net

Cloud Faucet Net

Cloud Faucet Net is an online medium for sharing knowledge and information about Bitcoin and cryptocurrency. It was first established in March 2017. Hopefully, it can be used as a source of information as well as a reference to the addition of useful knowledge, related to Bitcoin and the technology that surrounds it.

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