Authors:Â Aditya Sharmal, Amit Maurya, Akash Shrivastava, Gunjan Chandwani
Abstract: The research paper deals with Bitcoin, its mining, how mining actually works how Bitcoins are made, uses of Bitcoin and why we should use Bitcoin. Digital wallets for storing Bitcoins It also covers some of the biggest issues associated with Bitcoin like a decentralised currency covering the vast problem of double spending in initial days of Bitcoin trading. The uses of Block-chain in Bitcoin’s transaction to solve the problem of double spending of Bitcoin. Applications of Block-chain other than crypto currency like in healthcare sector, real estate, voting, cyber security, supply chain management and Networking and IOT. It also covers sections by which we can make block-chain faster especially while buying crypto currencies and why SSDs should be preferred for Bloch-chain operations.
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