Beyond Bitcoin: A Critical Look at Blockchain-Based Systems
After more than eight years since the launch of Bitcoin, the decentralized transaction ledger functionality implemented through the blockchain technology is being used not only for cryptocurrencies, but to register, confirm and transfer any kind of contract and property. In this work, we analyze the...
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| Format: | Article |
| Language: | English |
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MDPI AG
2017-09-01
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| Series: | Cryptography |
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| Online Access: | https://www.mdpi.com/2410-387X/1/2/15 |
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doaj-3bd5f7accd1a40b9a3e248825535e56d2020-11-24T22:08:53ZengMDPI AGCryptography2410-387X2017-09-01121510.3390/cryptography1020015cryptography1020015Beyond Bitcoin: A Critical Look at Blockchain-Based SystemsDiego Romano0Giovanni Schmid1Istituto di Calcolo e Reti ad Alte Prestazioni, I 80131 Naples, ItalyIstituto di Calcolo e Reti ad Alte Prestazioni, I 80131 Naples, ItalyAfter more than eight years since the launch of Bitcoin, the decentralized transaction ledger functionality implemented through the blockchain technology is being used not only for cryptocurrencies, but to register, confirm and transfer any kind of contract and property. In this work, we analyze the most relevant functionalities and known issues of this technology, with the intent of pointing out the possible behaviours that are not as efficient and reliable as they should be when thinking with a broader outlook.https://www.mdpi.com/2410-387X/1/2/15cryptocurrencyblockchain technologysmart contract |
| collection |
DOAJ |
| language |
English |
| format |
Article |
| sources |
DOAJ |
| author |
Diego Romano Giovanni Schmid |
| spellingShingle |
Diego Romano Giovanni Schmid Beyond Bitcoin: A Critical Look at Blockchain-Based Systems Cryptography cryptocurrency blockchain technology smart contract |
| author_facet |
Diego Romano Giovanni Schmid |
| author_sort |
Diego Romano |
| title |
Beyond Bitcoin: A Critical Look at Blockchain-Based Systems |
| title_short |
Beyond Bitcoin: A Critical Look at Blockchain-Based Systems |
| title_full |
Beyond Bitcoin: A Critical Look at Blockchain-Based Systems |
| title_fullStr |
Beyond Bitcoin: A Critical Look at Blockchain-Based Systems |
| title_full_unstemmed |
Beyond Bitcoin: A Critical Look at Blockchain-Based Systems |
| title_sort |
beyond bitcoin: a critical look at blockchain-based systems |
| publisher |
MDPI AG |
| series |
Cryptography |
| issn |
2410-387X |
| publishDate |
2017-09-01 |
| description |
After more than eight years since the launch of Bitcoin, the decentralized transaction ledger functionality implemented through the blockchain technology is being used not only for cryptocurrencies, but to register, confirm and transfer any kind of contract and property. In this work, we analyze the most relevant functionalities and known issues of this technology, with the intent of pointing out the possible behaviours that are not as efficient and reliable as they should be when thinking with a broader outlook. |
| topic |
cryptocurrency blockchain technology smart contract |
| url |
https://www.mdpi.com/2410-387X/1/2/15 |
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AT diegoromano beyondbitcoinacriticallookatblockchainbasedsystems AT giovannischmid beyondbitcoinacriticallookatblockchainbasedsystems |
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