The role of blockhain in creating cryptocurrency
The main carrier of the cryptocurrency system is blockchain. The paper will explain the differences between tokens and coins, the role of miners in the cryptocurrency system, forks, how a consensus mechanism is achieved. The protocols in use will also be discussed. Due to technical similarities, a b...
Guardado en:
| Autores principales: | , |
|---|---|
| Formato: | article |
| Lenguaje: | EN SR |
| Publicado: |
Savez inženjera i tehničara Srbije
2021
|
| Materias: | |
| Acceso en línea: | https://doaj.org/article/baf8e99f633d499db1b9ae642a5a81f4 |
| Etiquetas: |
Agregar Etiqueta
Sin Etiquetas, Sea el primero en etiquetar este registro!
|
| id |
oai:doaj.org-article:baf8e99f633d499db1b9ae642a5a81f4 |
|---|---|
| record_format |
dspace |
| spelling |
oai:doaj.org-article:baf8e99f633d499db1b9ae642a5a81f42021-12-05T21:40:01ZThe role of blockhain in creating cryptocurrency0040-21762560-308610.5937/tehnika2105655Chttps://doaj.org/article/baf8e99f633d499db1b9ae642a5a81f42021-01-01T00:00:00Zhttps://scindeks-clanci.ceon.rs/data/pdf/0040-2176/2021/0040-21762105665C.pdfhttps://doaj.org/toc/0040-2176https://doaj.org/toc/2560-3086The main carrier of the cryptocurrency system is blockchain. The paper will explain the differences between tokens and coins, the role of miners in the cryptocurrency system, forks, how a consensus mechanism is achieved. The protocols in use will also be discussed. Due to technical similarities, a blockchain was compared with Bitcoin, which provides an excellent reference point. The paper also presents the practical application of blockchain in the form of smart contracts. The paper will propose the stages of development of own cryptocurrency, from the very beginning, where the purpose of existence is defined, through the selection of technical solutions, until the finalization where marketing and commercial aspects play a crucial role for success, with guidelines for legal aspects.Cvijić Vasilije M.Gospić NatašaSavez inženjera i tehničara Srbijearticleblockchainconsensussmart contactsnodeswalletEngineering (General). Civil engineering (General)TA1-2040ENSRTehnika, Vol 76, Iss 5, Pp 665-670 (2021) |
| institution |
DOAJ |
| collection |
DOAJ |
| language |
EN SR |
| topic |
blockchain consensus smart contacts nodes wallet Engineering (General). Civil engineering (General) TA1-2040 |
| spellingShingle |
blockchain consensus smart contacts nodes wallet Engineering (General). Civil engineering (General) TA1-2040 Cvijić Vasilije M. Gospić Nataša The role of blockhain in creating cryptocurrency |
| description |
The main carrier of the cryptocurrency system is blockchain. The paper will explain the differences between tokens and coins, the role of miners in the cryptocurrency system, forks, how a consensus mechanism is achieved. The protocols in use will also be discussed. Due to technical similarities, a blockchain was compared with Bitcoin, which provides an excellent reference point. The paper also presents the practical application of blockchain in the form of smart contracts. The paper will propose the stages of development of own cryptocurrency, from the very beginning, where the purpose of existence is defined, through the selection of technical solutions, until the finalization where marketing and commercial aspects play a crucial role for success, with guidelines for legal aspects. |
| format |
article |
| author |
Cvijić Vasilije M. Gospić Nataša |
| author_facet |
Cvijić Vasilije M. Gospić Nataša |
| author_sort |
Cvijić Vasilije M. |
| title |
The role of blockhain in creating cryptocurrency |
| title_short |
The role of blockhain in creating cryptocurrency |
| title_full |
The role of blockhain in creating cryptocurrency |
| title_fullStr |
The role of blockhain in creating cryptocurrency |
| title_full_unstemmed |
The role of blockhain in creating cryptocurrency |
| title_sort |
role of blockhain in creating cryptocurrency |
| publisher |
Savez inženjera i tehničara Srbije |
| publishDate |
2021 |
| url |
https://doaj.org/article/baf8e99f633d499db1b9ae642a5a81f4 |
| work_keys_str_mv |
AT cvijicvasilijem theroleofblockhainincreatingcryptocurrency AT gospicnatasa theroleofblockhainincreatingcryptocurrency AT cvijicvasilijem roleofblockhainincreatingcryptocurrency AT gospicnatasa roleofblockhainincreatingcryptocurrency |
| _version_ |
1718370968463736832 |