A Literature Review of Bitcoin Network Infrastructure, Methodology, and Challenges

Khaled Tarmissi, Atef Shalan, Rayan Alsulamy, Sultan Almotiri, Abdulbaset Gaddah

Research output: Contribution to book or proceedingConference articlepeer-review

1 Scopus citations

Abstract

Cryptocurrency has become a significant business stream in recent years for investors worldwide. Through a giant decentralized bitcoin network, cryptocurrency solutions have been extended to world investors over the internet. Understanding the underlying infrastructure of the bitcoin network is essential for internet users to realize the business environment for their investment and for researchers to improve the provisioning of cryptocurrency solutions. This paper provides a literature review to illustrate the primary methodology of bitcoin networks, underlying infrastructure, and the significant technical challenges and security issues. We describe the blockchain network and its components and structure. We also discuss the bitcoin transaction handling over the blockchain networks and the cryptographic techniques for securing the blockchain networks and cryptocurrency solutions.

Original languageEnglish
Title of host publicationProceedings of 2022 5th National Conference of Saudi Computers Colleges, NCCC 2022
EditorsSarah Al-Shareef, Areej Alsini, Tahani M. Alsubait, Amirah Alharbi
PublisherInstitute of Electrical and Electronics Engineers Inc.
Pages157-164
Number of pages8
ISBN (Electronic)9798350333688
DOIs
StatePublished - 2022
Event5th National Conference of Saudi Computers Colleges, NCCC 2022 - Makkah, Saudi Arabia
Duration: Dec 21 2022Dec 22 2022

Publication series

NameProceedings of 2022 5th National Conference of Saudi Computers Colleges, NCCC 2022

Conference

Conference5th National Conference of Saudi Computers Colleges, NCCC 2022
Country/TerritorySaudi Arabia
CityMakkah
Period12/21/2212/22/22

Scopus Subject Areas

  • Artificial Intelligence
  • Computer Networks and Communications
  • Computer Science Applications
  • Computer Vision and Pattern Recognition
  • Information Systems
  • Safety, Risk, Reliability and Quality

Keywords

  • bitcoin
  • blockchain network
  • Cryptocurrency
  • cryptography.

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