Cryptocurrency Mining Protocols: A Regulatory and Technological Overview

Timothy King (), Dimitrios Koutmos () and Francesco Saverio Stentella Lopes ()
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Timothy King: University of Kent
Dimitrios Koutmos: Texas A&M University
Francesco Saverio Stentella Lopes: University of Rome Tre

Chapter Chapter 4 in Disruptive Technology in Banking and Finance, 2021, pp 93-134 from Palgrave Macmillan

Abstract: Abstract This chapter offers an overview of digital currencies beginning with a background to the digitalization of money. The chapter then proceeds to discuss central bank issued digital currencies, a highly topical area of recent development, and issues surrounding the regulation of digital currencies. The second half of the chapter begins by providing the reader with a short history of ledgers and explains the differences between centralized and decentralized ledgers. Next cryptocurrencies are discussed in detail including issues surrounding their adoptions, and how they work including the various consensus algorithms employed to secure and validate cryptocurrency transactions.

Keywords: Digital money; Cryptocurrencies; Central bank digital currencies (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (2)

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DOI: 10.1007/978-3-030-81835-7_4

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