Introduction to blockchain technology with Bitcoin protocol

Book chapter

Pillai, Babu, Tharani, Jeyakumar Samantha, Hou, Zhe, Biswas, Kamanashis and Muthukkumarasamy, Vallipuram. (2023). Introduction to blockchain technology with Bitcoin protocol. In In Pal, Shantanu, Jadidi, Zahra, Foo, Ernest and Mukhopadhyay, Subhas C. (Ed.). Emerging smart technologies for critical infrastructure pp. 119-137 Springer. https://doi.org/10.1007/978-3-031-29845-5_6
AuthorsPillai, Babu, Tharani, Jeyakumar Samantha, Hou, Zhe, Biswas, Kamanashis and Muthukkumarasamy, Vallipuram
EditorsPal, Shantanu, Jadidi, Zahra, Foo, Ernest and Mukhopadhyay, Subhas C.
Abstract

The engineering behind the technology that powers Bitcoin, known as Blockchain, has gained attention as a potential software solution for various industrial applications. The capability of revolutionising digital transactions brought significant interest in this technology and evolved greatly in the past decade. However, the development of applications beyond cryptocurrency has not yet kept pace. In this chapter, we will examine the basic design principles of blockchain technology using Bitcoin’s architecture as a foundation and understand the rationale behind its design and the limitation of scalability.

Keywordsdistributed ledger technology; blockchain; blockchain scalability trilemma
Page range119-137
Year2023
Book titleEmerging smart technologies for critical infrastructure
PublisherSpringer
Place of publicationCham, Switzerland
SeriesSmart sensors, measurement and instrumentation ; volume 44
ISBN9783031298455
9783031298448
ISSN2194-8402
2194-8410
Digital Object Identifier (DOI)https://doi.org/10.1007/978-3-031-29845-5_6
Publisher's version
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All rights reserved
File Access Level
Controlled
Output statusPublished
Publication dates
Online02 Jun 2023
Print03 Jul 2023
Publication process dates
Deposited08 Jun 2023
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