Bitter to better - how to make bitcoin a better currency

Barber, Simon, Boyen, Xavier, Shi, Elaine, & Uzun, Ersin (2012) Bitter to better - how to make bitcoin a better currency. Lecture Notes in Computer Science, 7397, pp. 399-414.

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

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68 citations in Scopus
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ID Code: 69169
Item Type: Journal Article
Refereed: Yes
Additional Information: 16th International Conference, FC 2012, Kralendijk, Bonaire, Februray 27-March 2, 2012, Revised Selected Papers
Additional URLs:
Keywords: Data encryption, Systems and data security, Management and computing, Computers and society, Information security
DOI: 10.1007/978-3-642-32946-3_29
ISSN: 1611-3349
Divisions: Current > QUT Faculties and Divisions > Science & Engineering Faculty
Copyright Owner: Copyright 2012 Springer-Verlag
Copyright Statement: The final publication is available at Springer via
Deposited On: 25 Mar 2014 22:41
Last Modified: 21 Jun 2017 16:15

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