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2021 | OriginalPaper | Buchkapitel

4. Cryptocurrency Mining Protocols: A Regulatory and Technological Overview

verfasst von : Timothy King, Dimitrios Koutmos, Francesco Saverio Stentella Lopes

Erschienen in: Disruptive Technology in Banking and Finance

Verlag: Springer International Publishing

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Abstract

This chapter offers an overview of digital currencies beginning with a background to the digitalization of money. The chapter then proceeds to discuss central bank issued digital currencies, a highly topical area of recent development, and issues surrounding the regulation of digital currencies. The second half of the chapter begins by providing the reader with a short history of ledgers and explains the differences between centralized and decentralized ledgers. Next cryptocurrencies are discussed in detail including issues surrounding their adoptions, and how they work including the various consensus algorithms employed to secure and validate cryptocurrency transactions.

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Vorheriges Kapitel A Taxonomy of FinTech Innovation

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Ledgers and distributed ledgers are discussed later in this chapter.

To find out more and the Libra payment system and associated blockchain the white paper can be found here: https://www.diem.com/en-us/white-paper/#cover-letter.

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Titel: Cryptocurrency Mining Protocols: A Regulatory and Technological Overview
verfasst von: Timothy King
Dimitrios Koutmos
Francesco Saverio Stentella Lopes
Verlag: Springer International Publishing
Buch: Disruptive Technology in Banking and Finance
Print ISBN: 978-3-030-81834-0

Electronic ISBN: 978-3-030-81835-7

Copyright-Jahr: 2021
DOI: https://doi.org/10.1007/978-3-030-81835-7_4